Nigeria Business & Finance Updates

FGN Savings Bond Allotment Results November 13, 2019

Savings Bond
Offer Period November 4 – 8, 2019 November 4 – 8, 2019
Settlement Date November 13, 2019 November 13, 2019
Maturity Date November 13, 2021 November 13, 2022
Coupon Payment Date Feb 13, May 13, Aug 13, Nov 13 Feb 13, May 13, Aug 13, Nov 13
Tenor 2 Years 3 Years
Coupon 10.296% 11.296%
Total Amount Alloted ₦189.501 Million ₦359.225 Million
Total Number of Successful Subscriptions 143 251

Debt management office Nigeria (dmo)

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