The continuous admission of securities on 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. In line with the value proposition of FMDQ
Exchange, the CP shall be availed the benefits of the value-driven quotations
service on the Exchange, including global visibility through its website and
systems, liquidity credible price formation and continuous information
disclosure through FMDQ’s Quoted Commercial Paper Status Report (QCPSR), to
protect investor interest, amongst others.
Coronation Merchant Bank Limited (“Coronation MB” or the
“Bank”) provides merchant banking services, which include assets/fund
management services, securities trading, treasury services, investment banking
and corporate banking services to corporate institutions, institutional
investors and high net worth individuals. The Bank aims ₦100.00 billion
Commercial Paper Issuance Programme to place its clients ahead of the curve in
their sphere of operations and by so doing, deliver sustainable value to its
shareholders whilst positively impacting on the Nigerian economy. This
quotation will serve to enhance its liquidity buffers as it seeks to achieve
its corporate objectives.
FMDQ Group is Africa’s first vertically integrated financial
market infrastructure (FMI) group providing a one-stop platform for the
seamless and cost-efficient execution, risk management, clearing, settlement
and depository services, as well as data and information services across the
debt capital, foreign exchange and derivatives markets in Nigeria.
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