The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN) Savings Bonds for subscription for July at N1,000 per unit. According
The Debt Management Office has listed two Federal Government of Nigeria Savings Bonds for subscription for July at N1,000 per unit.
According to a statement by the DMO on Monday, the first offer is a two-year FGN Savings Bond, which will be due on July 12, 2025, offered at an interest rate of 9.07 per cent per annum. The second offer is a three-year FGN Savings Bond due on July 12, 2026, offered at a 10.070 interest rate per annum.
The opening date for both offers is July 3, while the closing date is July 7, and the settlement date is July 13.“They are subject to a minimum subscription of N5,000 and in multiples of N1,000 after that, subject to a maximum subscription of N50 million.Related Topics:
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