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Wednesday, April 01, 2020 /08:59
AM / By DMO / Header Image Credit: VoxEU
His Excellency, President Muhammadu Buhari, GCFR,
during a nation-wide broadcast on the Coronavirus (COVID-19) yesterday
announced restrictions of movement in the Federal Capital Territory (FCT),
Lagos and Ogun States. The restriction of movement was based on the need to
keep the populace safe and contain the spread of the disease.
As a result of this development, the Debt Management
Office (DMO) wishes to inform the general public that the FGN Savings Bond
Offer for the month of April 2020, which was scheduled for April 6 - 10, 2020
has been suspended. The DMO wishes to assure the general public that the FGN
Savings Bond Offers will resume when the conditions change.
It should be noted that the suspension of the April
2020 Offer will not affect Coupon Payments due to investors for already issued
FGN Securities as arrangements have been made to ensure that all Coupon
Payments for and redemptions of FGN Securities are made as and when due to
investors' designated accounts.
We wish to use this opportunity to call on the general
public to adhere strictly to Mr President's directives and cooperate with
relevant Government Agencies that are working assiduously to contain the spread
of the Covid-19.
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