February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns - Investment - Nairaland
Nairaland Forum / Nairaland / General / Investment / February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns (6811 Views)
Ecobank Transnational Incorporated $50m Eurobond Oversubscribed By 460% / Ecobank Transnational Incorporated Debut $450 Million Eurobond Oversubscribed / Fgn Bond: Sovereign Sukuk Offer For Subscription (2) (3) (4)
| February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by postbox: 5:56am On Feb 22, 2019 |
The trend of oversubscription at FGN Bond Auctions for the year continued at the February 2019 Auction conducted by the Debt Management Office (DMO) on Wednesday, February 20, 2019, at which 3 instruments, for 5, 7 and 10-year tenors, with a total value of N150 billion were offered. Total bids received from investors for the bonds exceeded N234 billion, with a total subscription level of 156%. The focus of investors was principally on the 10-year bond which had a subscription level of 392%. Successful bids were allotted at rates notably lower than those at the January 2019 Auction, with 14.52% for the 5-year, 14.7999% for the 7-year and 14.939% for the 10-year bond. The DMO allotted the full N150 billion offered to successful bidders across the 3 tenors. SOURCE: https://brandspurng.com/2019/02/21/february-2019-fgn-bond-auction-oversubscribed-despite-election-concerns/ 6 Likes 2 Shares
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Nackzy: 6:00am On Feb 22, 2019 |
The worse Federal government in the history of Nigeria 3 Likes 3 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by dante0147: 6:00am On Feb 22, 2019 |
Ok |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by dominique(f): 6:29am On Feb 22, 2019 |
People are really investing in these bonds, the returns must be mouth watering. 16 Likes 1 Share |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Firefire(m): 6:31am On Feb 22, 2019 |
Investors have so much confidence in the coming administration. They have all seen the direction of the wind of the REAL CHANGE. 11 Likes 4 Shares
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by TIGRITIS: 6:31am On Feb 22, 2019 |
Nackzy:Even on a topic that says otherwise? Please which of these are you suffering from? Reading Comprehension. Even the highlighted says a lot about your English knowledge. 35 Likes 2 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by MANNABBQGRILLS: 6:31am On Feb 22, 2019 |
Very Good development. We have the confidence in Baba's administration. The future is so bright and beautiful for the next 4 years and beyond. Baba is laying a SOLID and STRONG foundation for us all. God bless our President MUHAMMADU BUHARI and his amiable Vice president Prof Yemi as they take us to the NEXT LEVEL, AKA, a land flowing with milk and honey. 26 Likes 5 Shares
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by TGM2015: 6:32am On Feb 22, 2019 |
And some people are saying that Nigeria economy is not progressing and investors do not have confidence in Nigeria. I always wonder why the stock market is gaining despite election and Nigeria bonds are always oversubscribed even on foreign country stock market, I mean the Euro bond. 16 Likes 3 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Firefire(m): 6:33am On Feb 22, 2019 |
Very good! A clear sign that their is hope for Nigeria after sending forth the super clueless administration of cabals and ethnic-rulers. 7 Likes 2 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by MANNABBQGRILLS: 6:33am On Feb 22, 2019 |
TGM2015:Don't wonder too much! This is the reason bro.... Some people ask; where are the achievements? Well, if they are of such mindset, Unfortunately we can't help them. We don't have the authority to mix spittle with clay, put on their eyes, and direct them to go to Siloam pool, wash, and come back seeing. Once anybody decides to be willfully blind, no matter what you push in front of his eyes, he wouldn't see. If he decides to be willfully deaf, even if there are thunder peals by his ears, he won't hear. END OF DISCUSSION!! 13 Likes 5 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by nony43(m): 6:33am On Feb 22, 2019 |
How do one invest in bonds? |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by MANNABBQGRILLS: 6:33am On Feb 22, 2019 |
Firefire:Can this one just listen to himself?! 9 Likes 3 Shares
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Nobody: 6:33am On Feb 22, 2019 |
dominique: It is not a good sign.. It shows people rather invest in Treasury bills and earn 10% - 15% which must be paid come rain come sun, than invest in our various industries in different sectors which would create employment and career growth, aswell as reduce poverty directly. This is another form of loan the govt has constantly been taking. Investors have lost total hope for the present Govt, they are only going for an option the govt can't control. 4 Likes 2 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by deji17: 6:33am On Feb 22, 2019 |
Sai Buhari, Sai Baba..
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by TIGRITIS: 6:34am On Feb 22, 2019 |
Firefire:This one has finally lost it. If it were undersubscription, it would have been, "investors have lost confidence in the government" but in this case, "it is confidence in the coming administration". Whichever way, the meter reads. Can delusion ever be higher than that? 5 Likes |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by MANNABBQGRILLS: 6:34am On Feb 22, 2019 |
deji17:YESSS OOOO! 3 Likes 3 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by onez: 6:35am On Feb 22, 2019 |
Debt everywhere. Let the money be used for capital projects. I trust Atiku to manage the economy well. 4 Likes |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by MANNABBQGRILLS: 6:35am On Feb 22, 2019 |
FireFire, the senior wailer. Thanks for the daily free unsolicited advert for our Barbecue business as ALWAYS. It even comes with a colourful well-designed image! Even without us paying you a dime for it. He think he is doing us, he doesn'tknow he is doing himself!  Another free advert below?! Oh Lawd! ABOVE AND BELOW ON FP?! Isn't God just too wonderful?!   5 Likes 2 Shares
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by bluefilm: 6:35am On Feb 22, 2019 |
Nackzy: The worst FTC in the history of Nairaland.  7 Likes |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by helinues: 6:36am On Feb 22, 2019 |
Ok |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by vacanci: 6:36am On Feb 22, 2019 |
Nackzy: If u can read and understand, oversubscription shows the level of confidence investors have on this government. Do u know the meaning of BOND? just take the literally meaning and go back to your response 6 Likes 3 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Firefire(m): 6:36am On Feb 22, 2019 |
Nackzy: You are absolutely correct. Very useless gonment. 6 Likes |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by ucweber: 6:36am On Feb 22, 2019 |
Fire 1 Like |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by three: 6:37am On Feb 22, 2019 |
. A Bond is exactly that. It almost always must be honoured. Nigeria is being cheated by these bond issues. A particular bank no longer operates as a bank with majority of its profits based off investment in Treasury Bills. . 5 Likes 2 Shares
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by helinues: 6:37am On Feb 22, 2019 |
1 Like |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Firefire(m): 6:37am On Feb 22, 2019 |
helinues: You just saw it. Good morning and ensure we all send the poison away from Aso Rock 2 Likes |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by helinues: 6:39am On Feb 22, 2019 |
Firefire: Dont play such kind of politics. An advice though.. Respect is reciprocal 3 Likes 1 Share |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Borderless: 6:39am On Feb 22, 2019 |
post=75979350: You never disappoint. To you, this is another sai barber achievement isn’t it? 4 Likes
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| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by MANNABBQGRILLS: 6:39am On Feb 22, 2019 |
helinues:Lol , the senior wailer is in severe pains bro!3 Likes 2 Shares |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Afamed: 6:40am On Feb 22, 2019 |
Nackzy:Did you understand what you read at all? Lazy youth 3 Likes 1 Share |
| Re: February 2019 FGN Bond Auction Oversubscribed Despite Election Concerns by Parada: 6:40am On Feb 22, 2019 |
Dead brained Igbo I presume you do not realize it is trust in a govt that ensures the over subscription or pachukwudi just gave N6,000 smartphone to come and be spilling any form of rubbish on NL ?! Nackzy: 6 Likes 1 Share |
That shouldn't be from you.Earn Unlimited 500 Naira Daily For Free / 8 Bedroom Mansion Architectural Design/building plan / Investment: Bank Shares Or A Plot Of Land?
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