How to invest in FGN bonds and earn 13.28 interest annually

  • The Debt Management Office has asked Nigerians to subscribe to Federal Government of Nigeria (FGN) bonds
  • The bond offerings open December 4 and end December 8, 2023, and are fully backed by the federal government
  • The DMO said the interest rate for the two-year bonds would be 12.287% per annum

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The Debt Management Office (DMO) has begun the subscription of two-year and three-year FGN bonds for December 2023, with an annual interest rate of 12.287% and 13.287%.