DMO announces subscription offers for FG’s bond

The Federal Government through the Debt Management Office (DMO), has offered for Subscription the February 2021 Federal Government of Nigeria Savings Bond.
The information was released  on the website of the Debt Management Office on Monday.
Acccording to the information, the  latest savings bond offer comes in two tranches which are: 2-year FGN Savings Bond  which is due February 10, 2021 with 4.214% per annum. The 3-year  Savings Bond which is due for February 10, 2024 comes With5.214% per annum
The opening date for the offer is February 1, 2021, while it closes on  February 5, 2021
Acccording to the information, the settlement date is fixed for February 10, 2021.
The Debt Management Office, DMO, is saddled with the responsibility of issuing bond on behalf the FederalGovernment.