FGN Savings Bond Offer for January 2018 Opens Today


Monday, January 8, 2018 /4:10 PM / Meristem Research 

The Federal Government of Nigeria Savings Bond offer for January opens today the 8th of January 2018 and will remain open for five days till the 12th of January 2018. Subsequently, the Debt Management Office has announced that the bonds will be offered at the following rates: 

•     2-Year FGN Savings Bond due January 17, 2020: 11.098%

•     3-Year FGN Savings Bond due January 17, 2021: 12.098%

Features of the FGN Savings Bond




2 and 3 years


11.098% for 2years, 12.098% for 3 Years

Coupon Payments

Quarterly (4 times a year)

Subscription Amount

Minimum: N5,000

Maximum: N50,000,000

Additional Subscription

In multiples of N1,000

Secondary Market

Tradable on the Nigerian Stock Exchange (NSE)


Bullet repayment on the maturity date

Subsequent Offers

First week of every month

Tax on Interest

Interests are tax free

Capital Repayment


Offer Period

8th - 12th January 2018


2 and 3 years

For More Information on the Bond, kindly click the links below.



Proshare Nigeria Pvt. Ltd.

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