FGN Savings Bond Allotment Results

FGN Savings Bond Allotment Results, Nigeria, FGN Bonds Auction Results

Settlement date Coupon Rate Coupon Payment date
2 years 3 years
March 13, 2019 11.620% 13.620% Jun 13, Sept 13, Dec 13, Mar, 13
February 13, 2019 12.050% 13.050% May 13, Aug 13, Nov 13, Feb 13
January 07, 2019 12.125% 13.125% April 16, July 16, Oct 16, Jan 16
December 12, 2018 12.402% 13.420% Mar 12, June 12, Sep 12, Dec 12
November 14, 2018 12.390% 13.390% Feb 14, May 14, Aug 14, Nov 14
October 10, 2018 11.175% 12.175% Jan 10, Apr 10, Jul 10, Oct 10
September 12, 2018 11.364% 12.364% Dec 12, Mar 12, Jun 12, Sept 12
August 15, 2018 10.668% 11.668% Nov 15, Feb 15, May 15, Aug 15
July 11, 2018 10.341% 11.341% Oct 11, Jan 11, Apr 11, Jul 11
June 13, 2018 10.341% 11.341% Sept 13, Dec 13, Mar 13, Jun 13
May 16, 2018 9.483% 10.483% Aug 16, Nov 16, Feb 16, May 16
April 18, 2018 10.747% 11.747% Jul 18, Oct 18, Jan 18, Apr 18


FGN Savings Bond Issuance Calendar

Features of FGN Savings Bond

  • The product will be issued monthly in tenors of 2 and 3 years, with quarterly payment of interest to investors.
  • The product will be offered to the investing public through Offer for Subscription at an interest rate to be announced by the DMO.
  • The Offer for subscription will be open for 5 days from the date of announcement.
  • Minimum subscription amount is N5,000.00 with additions in multiples of N1,000.00, subject to a maximum of N50,000,000.00.
  • The Bond is backed by the full faith and credit of the Federal Government of Nigeria.