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.
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 bonds are N75 billion, 10-year re-opening FGN bonds at 12.5 per cent interest rate and another N75 billion, 20-year re-opening FGN bond at 13 per cent interest rate.
The Debt Management Office (DMO) on Monday offered for subscription more federal government bonds at N1,000 per unit.
