This is to inform you that the July 2023 FGN Savings Bond is now open for subscription. The offer opened on ,Monday 3rd of July 2023, and it is scheduled to close Friday, 7th July 2023.
The Savings Bonds will have most of the features of the existing FGN Bond plus other features/benefits to the bondholder. It will be backed by the full faith of the Federal Government of Nigeria and is therefore deemed risk-free. The minimum subscription is N5,000 while the maximum subscription is N50m, and the coupon is paid on a quarterly basis.
Two maturity streams are being proposed under this offer as highlighted below:
| TENOR | RATE (%) | MATURITY |
| 2YRS | 9.070% | 12-July-2025 |
| 3YRS | 10.070% | 12-July-2026 |
Invest-Wise 