FG Opens April Savings Bonds

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The Federal Government has through the Debt Management Office opened the April savings bond offer to investors.

The DMO on Tuesday disclosed on its website the two-year and three-year savings bonds offers for subscription.

They are two-year FGN bonds due on April 14, 2023 at 5.522 per cent per annum; and three-year FGN savings bond due on April 14, 2024 at 6.522 per cent per annum.

They opened on April 6 with a closing date of April 9.

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While the settlement date is April 14, they have coupon payment dates of July 14, October 14, January 14 and April 14.

– Punch

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