March 23, 2017/Cowry Asset
Kindly see below details of the allotment results for the March 2017 FGN Savings Bond Auction.
| 13.01% FGNSB MAR 2019 | |
Offer Period | March 13 – 17, 2017 |
Settlement Date | March 22, 2017 |
| Coupon | 13.01% |
| Tenor | 2 Years |
| Total Amount Allotted | N2.068 Billion |
| Total Number of Successful Subscriptions | 2,575 |
Please note that the Savings Bond offer for next month (April) opens on Monday, 3rd April, 2017 – Friday, 7th April, 2017.
Interest rate would be determined by the DMO and investors would be pre-informed before the sale.
