Nigeria Business & Finance Updates

FGN Savings Bond Allotment Results February 12, 2019

Offer Period February 3 – 7, 2020 February 3 – 7, 2020
Settlement Date February 12, 2020 February 12, 2020
Maturity Date February 12, 2022 February 12, 2023
Coupon Payment Date May 12, Aug 12, Nov 12, Feb 12 May 12, Aug 12, Nov 12, Feb 12
Tenor 2 Years 3 Years
Coupon 5.910% 6.910%
Total Amount Alloted ₦295,020 Million ₦361,557 Million
Total Number of Successful Subscriptions 124 164

Debt management office Nigeria (dmo)

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