2-Year FGN Savings Bond due 22nd March, 2019
Opening Date: 13th March, 2017
Closing Date: 17th March, 2017
Settlement Date: 22nd March, 2017
Coupon: 13.01% per annum (payable quarterly)
Issuer: Federal Government of Nigeria (“FGN”)
Units of Sale: N1,000 per unit subject to a minimum Subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000.
Interest Payment: Payable Quarterly
Redemption: Bullet repayment on the maturity date.