DMO announces first savings bond offer in 2023

The Debt Management Office (DMO) on Monday announced two Federal Government of Nigeria (FGN) Savings Bonds as its first bonds issuance for 2023.

A statement by the DMO said one is a two-year FGN Savings Bond due on 11 January, 2025, at the interest rate of 9.600 per cent per annum.

The second offer is a three-year FGN Savings Bond due on January 11, 2026, at the interest rate of 10.600 per cent per annum.