Image Credit: FSDH Capital

March 5, 2024/FSDH Capital

The March 2024 FGN Savings Bond has begun. Kindly find the summary of Offer below:

2-Year FGN Savings Bond due March13, 2026: 15.097% per annum

3-Year FGN Savings Bond due March 13, 2027: 16.097 % per annum

              Opening Date: March 4, 2024

              Closing Date:  March 8, 2024

              Settlement Date: March 13, 2024

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: June 13, September 13, December 13, March 13

REDEMPTION: Bullet repayment on the maturity date.