FG announces September savings bonds

Adebayo Obajemu

The Debt Management Office on behalf of the Federal Government of Nigeria has announced the offer for Subscription of September Savings Bonds at the following interest rates:

2-Year FGN Savings Bond due September 15, 2023 at the interest rate of 7.915% per annum
3-Year FGN Savings Bond due September 15, 2024 at the interest rate of 8.915% per annum
Opening date for subscription is September 6, 2021. Closing date is September 10, 2021 while settlement date is September 15, 2021