The Debt Management Office on behalf of the Federal Government of Nigeria has announced the offer for subscription of the FGN Savings Bond for the month of May at the following interest rates
- 2-Year FGN Savings Bond due in May 12, 2023 at the interest rate of 7.753%% per annum.
- 3-Year FGN Savings Bond due in May 12, 2024 at the interest rate of 8.753% per annum.
Subscription for the savings bonds opened on May 3, with a closing date of May 7 and Settlement date is May 12.
The bonds have coupon dates of August 12, November 12, February 12 and May 12.