[XNSA]>> FGN Savings Bond November 2019 Offer (Source: NSE, Date: 04-Nov-2019)
Dear Sir/Madam:
 
The thirty-third tranche of the FGN Savings Bond has begun. Kindly find the summary of November 2019 offer below:
 
2-Year FGN Savings Bond due November 13, 2021: 10.296% per annum
3-Year FGN Savings Bond due November 13, 2022: 11.296% per annum
 
Opening Date: November 4, 2019
Closing Date: November 8, 2019
Settlement Date: November 13, 2019
 
ISSUER: Federal Government of Nigeria (?GN?
 
UNITS OF SALE: N1,000 per unit subject to a minimum Subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000.
 
COUPON PAYMENT DATES: February 13, May 13, August 13, November 13
 
REDEMPTION: Bullet repayment on the maturity date 
 
For enquiries, please email: secondarymarket@nse.com.ng   or any of the DMO accredited distribution agents:  https://www.dmo.gov.ng/fgn-bonds/savings-bond/2700-updated-list-of-distribution-agents-for-fgn-savings-bond/file