The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria has announced that it is offering for subscription Federal Government of Nigeria Savings Bond at the following interest rates:
- 2-Year FGN Savings Bond due in January 17, 2026 at the interest rate of 11.03% per annum
- 3-Year FGN Savings Bond due in January 17, 2027 at the interest rate of 12.03% per annum
According to the Debt Management Office, the Opening Date for the Savings Bond is on January 8, 2024. Closing Date is on January 12, 2024. The Settlement Date is on January 17, 2024.
The Coupon Payment Dates are April 17, July 17, October 17, and January 17 respectively.
UNITS OF SALE:
N1,000 per unit subject to a minimum Subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000.