RGOB Bond Auction Result

 

Auction Result 

RMA is pleased to announce auction result of the 12-Year Government bond of Nu. 4,000,000,000.00 which was offered for bid to the public from 11th – 21st June 2022.

 

Bond Series

RGOB005

No. of Bidders

10

o/w Financial institutions

5

o/w Non-financial institution

0

o/w Individuals

5

Total Bids Received (Nu.)

6,200,190,000

Total bid accepted and allotted (Nu.)

4,000,000,000

Bid-to-Cover Ratio

1:1.55

Cut-off Rate

6.50%

Median quoted rate*

5.13%

Lowest quoted rate

3.15%

Highest quoted rate*

7.00%

 

The annual coupon rate for the bond, as determined by the auction, is 6.50%. Thus, all the winning bidders will be paid annual coupon rate of 6.50%

 

 

 

 

Executive Director

Department of Banking