The DMO said in a circular on Monday that it is offering the Federal Government’s two-year and three-year savings bonds.According to the circular, the two-year FGN savings bond will be due for redemption on August 11, 2023 at 8.
864 per cent per annum, while the three-year offer will be due on August 11, 2024 at 9.864 per cent per annum.While the settlement date is August 11, the bonds have coupon dates of November 11, February 11, May 11, and August 11, according to the circular.
The rates are still not encouraging imo
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