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Fitzgibbon a confié ses actifs à une vieille connaissance

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DMO opens two FG bonds for subscription

DMO opens 2 FG bonds for subscription Bond

By Kadiri Abdulrahman Abuja, May 4, 2021 The Debt Management Office (DMO), has announced the opening of two Federal Government (FGN) savings bonds for subscription at N1000 per unit. According to details obtained from DMO’s Website, investors are entitled to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, and subject to a maximum subscription of N50 million. The first offer, according to the DMO, is a two-year FGN Savings Bond due in May 12, 2023, with interest rate of 7.753 per cent per annum. The second offer is a three-year FGN Savings Bond due in May 12, 2024, at an interest rate of 8.753 per cent per annum.

FG opens two savings bonds for subscription | Premium Times Nigeria

The Debt Management Office (DMO) has announced the opening of two Federal Government (FGN) savings bonds for subscription at N1000 per unit. According to details obtained from DMO’s Website, investors are entitled to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, and subject to a maximum subscription of N50 million. The first offer, according to the DMO, is a two-year FGN Savings Bond due on May 12, 2023, with an interest rate of 7.753 per cent per annum. The second offer is a three-year FGN Savings Bond due in May 12, 2024, at an interest rate of 8.753 per cent per annum.

Breaking News | DMO lists N150b FG bonds for auction

Views: Visits 7 The Debt Management Office (DMO), on Wednesday, announced the auctioning of three Federal Government bonds of N150billion at N1,000 per unit. Details obtained from DMO’s website said that the three bonds were valued at N50 billion each, with interest rates of 16.29 per cent; 12.50 per cent and 9.80 per cent, respectively. It listed the auction date as April 21, while settlement date is April 23. “Minimum units for sale are N50,001 thousand and in multiples of N1,000 thereafter. “For re-openings of previously issued bonds, successful bidders will pay a price corresponding to the yield-to-maturity bid that clears the volume being auctioned plus any accrued interest rate on the instrument,” the DMO said.

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