Federal Government Of Nigeria Opens March Savings Bonds

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The Federal Government has through the Debt Management Office opened the March 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 March 10, 2023 at 5.18 per cent per annum; and three-year FGN savings bond due on March 10, 2024 at 6.18 per cent per annum.

They opened on March 1 with a closing date of March 5.

While the settlement date is March 10, they have coupon dates of June 10, September 10, December 10 and March 10.

– Punch

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