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FG Lists N295.9m Worth Savings Bond On NSE

FG Lists N295.9m Worth Savings Bond On NSE   The Federal Government has listed a total of N295.9m of its series 60 and 61 of its savings bond on the Nigerian Stock Exchange. The NSE said in a circular on Friday that the bonds were listed on...

FG Inaugurates Sept Savings Bond Offer To Investors

FG Inaugurates Sept Savings Bond Offer To Investors   The Federal Government has commenced the auction of its savings bond for September this year. A savings bond is targeted at low-income earners to encourage them to save and earn more income (interest) when compared with their savings...

Savings Bond: DMO Records N13.44bn Investment

Savings Bond: DMO Records N13.44bn Investment   The Debt Management Office says the Federal Government savings bond has recorded a total of N13.44bn investment since its inception in March 2017. According to data presented at the Retail Bond Workshop at the Nigerian Stock Exchange in Lagos on...

FGN Savings Bond Offers Retail Investors’ Attractive Rates

FGN Savings Bond Offers Retail Investors’ Attractive Rates   The Federal Government of Nigeria Savings Bonds (FGNSB) are becoming attractive to retail investors going by the interest rates offered on the security in November. The interest rates of 13.4 per cent and 12.4 per cent for the...

Savings Bond: DMO Raises N1.89bn In 8months

Savings Bond: DMO Raises N1.89bn In 8months The Debt Management Office (DMO) has said it was able to raise N225.9 million through the 2- and 3-year Federal Government Savings Bond which it auctioned in August this year. The figure indicates a decline in interest in...

FG Generates N6.69bn With Savings Bond

In a bid to achieve its objective of financial inclusion by attracting retail investors into the bond market, the Federal Government said it has generated a total of N6.69 billion through the monthly issuance of the FGN Savings Bond (FGNSB) which made its debut...