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20.6.21

FG auctions N150bn Savings Bond




The Debt Management Office (DMO) has announced that it has been authorised to auction N150 billion federal government bonds, comprising three bonds valued at N50 billion each, to investors on the following terms:

10-Year Reopening Bond due March, 2027
Interest Rate: 16.2884%

15-Year Reopening Bond due March, 2035
Interest Rate: 12.5%

30-Year Reopening Bond due March, 2050
Interest Rate: 12.98%


Opening Date: June 23, 2021

Settlement Date: June 25, 2021

Investors may apply for these maturities, as preferred.


Read more details at DMO.



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