What to know about investing in federal government savings bond

by | November 17, 2017 1:29 am

The Debt Management Office (DMO) opened its latest Federal Government of Nigeria (FGN) savings bond offer on November 6. The DMO is offering two year bonds at a coupon rate of 12.091 percent and three year bonds at a higher coupon rate of 13.091 percent. Coupon rate is the same as the interest that will…

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