7/2/2018/NSE
The twelfth tranche of the FGN Savings Bond has begun. Kindly find the Summary of February 2018 Offer below:
2-Year FGN Savings Bond due February 14, 2020: 10.277% per annum
3-Year FGN Savings Bond due February 14, 2021: 11.277% per annumOpening Date: February 5, 2018
Closing Date: February 9, 2018
Settlement Date: February 14, 2018
Issuer: Federal Government of Nigeria (“FGN”)
Units of Sale: N1,000 per unit subject to a minimum Subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000.
Coupon Payment Date: May 14, August 14, November 14, February 14
Redemption: Bullet repayment on the maturity date
