Step 1

In a large mixing bowl add eggs and beat. Next add sugar, eggnog, melted margarine, rum extract, and vanilla. Mix until combined.

Step 2

Add flour, baking powder, nutmeg, and cinnamon. Stir until moist.

Step 3

Pour into a greased loaf pan. Bake at 350 degrees for 45-50 minutes until lightly brown and a toothpick comes out clean. Let cool for about 10 minutes and remove from pan.

Step 4

Whisk together the powdered sugar and 2 tablespoons eggnog. Add additional eggnog if you want the glaze to be thinner. Pour the glaze over the top of the bread.