They are listed on the Nigerian Stock Exchange Limited and qualify as a liquid asset for liquidity ratio calculation for banks.
The bonds are offered at N1,000 per unit, subject to a minimum subscription of N5,000 and a maximum subscription of N50 million.
The first is a two-year savings bond due in January 11, 2025, and the other is a three-year bond due in January 11, 2026.
The Debt Management Office (DMO) has announced the issuance of two savings bonds for subscription at N1,000 per unit.
Both offers are subject to a minimum subscription of N5,000 and a maximum of N50 million.
The first, a two-year savings bond, came at an interest rate of 7.33 per cent per annum and will be due on April 13, 2024.
The Debt Management Office (DMO) on Monday offered for subscription more federal government bonds at N1,000 per unit.
