[XNSA]>> FGN SAVINGS BOND OCTOBER 2019 OFFER (Source: NSE, Date: 08-Oct-2019)
Dear Sir/Madam:
 
The thirty-second tranche of the FGN Savings Bond has begun. Kindly find the summary of October 2019 offer below:
 
2-Year FGN Savings Bond due October 16, 2021: 11.244% per annum
3-Year FGN Savings Bond due October 16, 2022: 12.244% per annum
 
Opening Date: October 7, 2019
Closing Date: October 11, 2019
Settlement Date: October 16, 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: January 16, April 16, July 16, October 16
 
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

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