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The Debt Management Office (DMO) on Monday announced its first savings bond issue for 2023. They are a 2-year FGN Savings Bond due January 11, 2025, and a 3-year FGN Savings Bond due January 11, 2026, both offered for subscription.

According to a statement by the DMO, the 2-year FGN Savings Bond offered an interest rate of 9.60 percent per annum, while the 3-year FGN Savings Bond is offered at an interest rate of 10.60 percent per annum.