Tag: Local Bonds

Fidelity Bank Plc says it has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at 8.5 per cent coupon rate due 2031. Mr Mustapha Chike-Obi, Fidelity Bank Chairman, disclosed this in a statement on Sunday in Lagos. Chike-Obi said that the bond issuance which was fully subscribed given that total investor…