FGN Savings Bond February 2018 Offer

Bonds & Fixed Income
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Wednesday, February 07, 2018  05.07 PM   /  NSE 

The twelfth tranche of the FGN Savings Bond has begun. Kindly find the Summary of February 2018 Offer below: 

2-Year FGN Savings Bond due February 14, 2020: 10.277% per annum
3-Year FGN Savings Bond due February 14, 2021: 11.277% per annum 

Opening Date: February 5, 2018
Closing Date: February 9, 2018
Settlement Date: February 14, 2018 

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. 

Coupon Payment Date: May 14, August 14, November 14, February 14 

Redemption: Bullet repayment on the maturity date 

 Proshare Nigeria Pvt. Ltd.

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