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DMO Announces Resumption of FGN Savings Bond Offer

The Debt Management Office (DMO) has announced the resumption of
its Offer of the Federal Government of Nigeria Savings Bond (FGN Savings
Bond) effective August 2020.

In a Press Release, the DMO was constrained to suspend the
Monthly Offers of the FGN Savings Bond in April 2020 due to the restrictions
on activities and movement as part of measures adopted by the Government
to curtail the spread of COVID-19.

DMO noted that the general public is invited to look out for the advert of the Offer for Subscriptions in various newspapers and the DMO’s website.

The Offer for Subscription will open on Monday, August 10, 2020 and close on Friday,
August 14, 2020.

Investors are encouraged to continue saving through the FGN Savings Bond,
as they attract good incomes and are secure, being a Sovereign instrument,
whilst also, contributing to national development.

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Written by IJAM.ng

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