Please find attached June 2017 FGN Savings Bond Offer Circular as published by the Debt Management Office (DMO).
Summary of June 2017 Offer
2-Year FGN Savings Bond due June 14, 2019: 13.189%
3-Year FGN Savings Bond due June 14, 2020: 14.189%
Opening Date: June 5, 2017
Closing Date: June 9, 2017
Settlement Date: June 14, 2017
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: September 14, December 14, March 14, June 14
REDEMPTION: Bullet repayment on the maturity date