Nigeria Business & Finance Updates

FGN Savings Bond Allotment Results December 11, 2019

Offer Period November 2 – 6, 2019 November 2 – 6, 2019
Settlement Date December 11, 2019 December 11, 2019
Maturity Date December 11, 2021 November 13, 2022
Coupon Payment Date Mar 11, Jun 11, Sep 11, Dec 11 Mar 11, Jun 11, Sep 11, Dec 11
Tenor 2 Years 3 Years
Coupon 9.091% 10.091%
Total Amount Alloted ₦222.728 Million ₦797.738 Million
Total Number of Successful Subscriptions 124 290

Debt management office Nigeria (dmo)

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