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FMDQ Securities Exchange Limited (FMDQ) has announced the admission of the Coronation Merchant Bank N1.29 billion Series 11 and N2.34 billion Series 12 Commercial Papers under its N100.00 billion CP Issuance Programme on its platform.
The continuous admission of securities to FMDQ Exchange’s platform is reflective of the potential of the Nigerian DCM and the commendable level of confidence demonstrated by both issuers and investors in the market.
It also validates the efficient processes and integrated systems operated by FMDQ Holdings PLC (FMDQ Group or FMDQ), through its wholly owned subsidiaries – FMDQ Exchange, FMDQ Clear Limited, FMDQ Depository Limited and FMDQ Private Markets Limited – and how these have sustained its uninterrupted service delivery to the market and its diverse stakeholders during this difficult time and as we forge ahead in 2021 and beyond.
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FMDQ Securities Exchange boosts Nigerian CP market, lists four firms FMDQ Securities Exchange boosts Nigerian CP market, lists four firms
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THE Financial Markets Dealers Quote (FMDQ) Securities Exchange, through its Board Listings and Markets Committee, has approved the quotation of Commercial Papers of four firms.
It listed Total Nigeria PLC N2.25 billion Series 1 and N12.75 billion Series 2 Commercial Papers under its N30.00 billion CP Issuance Programme and the Mixta Real Estate PLC N2.00 billion Series 32 Commercial Paper under its N20.00 billion CP Issuance Programme, as well as the registration of the Valency Agro Nigeria Limited N20.00 billion Commercial Paper Programme, on its platform.
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FMDQ Securities Exchange Limited have admitted for listing the quotation of the Total Nigeria Plc N2.25bn Series 1 and N12.75bn Series 2 Commercial Papers under its N30bn CP Issuance Programme.
Also admitted are the Mixta Real Estate Plc N2bn Series 32 Commercial Paper under its N20bn CP Issuance Programme, as well as the registration of the Valency Agro Nigeria Limited N20bn Commercial Paper Programme on its platform.
According to FMDQ, the debut issuance of Total Nigeria Plc, following a volatile period for the oil and gas industry as disrupted by the COVID-19 pandemic demonstrates innovation and confidence in the Nigerian debt capital market towards supporting the vibrance of this sector and in turn the reactivation of the Nigerian economy.
FMDQ Securities Exchange, through its board listing and markets committee, has approved the quotation of the Total Nigeria Plc’s ₦2.25 billion Series 1, and ₦12.75 billion series two commercial papers under its ₦30.00 billion CP Issuance Programme.
Also admitted are Mixta Real Estate Plc’s ₦2.00 billion Series 32 commercial paper under its ₦20.00 billion CP Issuance Programme, as well as the registration of the Valency Agro Nigeria Limited ₦20.00 billion commercial paper programme, on its platform. x
FMDQ, through innovative evolution, has continued to avail its credible and efficient platform as well as tailor its listing and quotation services to suit the needs of issuers and its registration members (sponsors of the issue on FMDQ Exchange).