DMO offers two FGN bonds for subscription
The Debt Management Office (DMO), on Monday announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription.
The first offer is a two-year FGN savings bond which will be due on May 18, 2024, at an interest rate of 7.93 per cent per annum.
The second one is a three-year FGN savings bond which will be due on May 18, 2025, at 8.93 per cent per annum.
According to the DMO, the opening date for the bonds is May 9, while the closing date and settlement date is May 18.…