Nigeria Business & Finance Updates

FGN Savings Bond Allotment Results October 16, 2019

Savings Bond
Offer Period October 7 – 11, 2019 October 7 – 11, 2019
Settlement Date October 16, 2019 October 16, 2019
Maturity Date October 16, 2021 October 16, 2022
Coupon Payment Date Jan 16, Apr 16, Jul 16, Oct 16 Jan 16, Apr 16, Jul 16, Oct 16
Tenor 2 Years 3 Years
Coupon 11.244% 12.244%
Total Amount Alloted ₦145.872 Million ₦401.539 Million
Total Number of Successful Subscriptions 184 275

Debt management office Nigeria (dmo)

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