MARKET NEWS
FG opens April savings bonds - THE PUNCH
The Federal Government has through the Debt Management Office opened the April savings bond offer to investors.
The DMO on Tuesday disclosed on its website the two-year and three-year savings bonds offers for subscription.
They are two-year FGN bonds due on April 14, 2023 at 5.522 per cent per annum; and three-year FGN savings bond due on April 14, 2024 at 6.522 per cent per annum.
They opened on April 6 with a closing date of April 9.
While the settlement date is April 14, they have coupon payment dates of July 14, October 14, January 14 and April 14.
