National Economy
Saturday, July 12, 2025
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
Read News
National Economy
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy
No Result
View All Result
National Economy
No Result
View All Result
Home Business

DMO Opens March Savings Bond With Lower Coupon

by
5 years ago
in Business, News
Reading Time: 1 min read
Share on FacebookShare on TwitterShare on Telegram

You May Like

Trump Threatens 10% Tariff On Countries Aligning With BRICS

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

The Debt Management Office (DMO) yesterday opened an offer for the Federal Government of Nigeria Savings Bond for March 2020 with yields lower than what is offered in February.

The offer circular released yesterday showed that it is offering the 2-year FGN Savings Bond due March 11, 2022, at 4.131 percent while the 3-Year FGN Savings Bond due March 11, 2023, is offered at 5.131 percent per annum.

Yields had been on the decline as well as interest in the bond designed low income and retail investors. Last month, the DMO had raised N656.577 million through the two bond offerings.

Coupon on the 2-year Savings Bond for February was 5.910 percent, while the 3-year bond was raised at 6.910 percent, higher than 4.131 and 5.131 per cents which it is offering for the 2- and 3- year papers in March.

Last month it had raised N295.02 million the two-year paper while it raised N361.557 million on the three-year paper. This was lower than what it raised from the two papers in January this year.

 It had raised N454.352 million from the 2-year bond which was offered at 7.144 percent. The 3-year savings bond in January was offered at 8.144 percent with 197 investors putting in N877.792 million.

Tags: DMO
ShareTweetShare
Previous Post

Coronavirus Outbreak Will Affect Nigeria’s Loan Industry-Wigwe

Next Post

Stanbic IBTC PLC Reiterates Support For Nigeria’s Agricultural Sector

ANOTHER GOOD READ

Trump Cryptocurrency Drops Amid US Tariff Backlash
News

Trump Threatens 10% Tariff On Countries Aligning With BRICS

4 days ago
China Hits US With Retaliatory Tariffs, Launches Probe Into Google Practices
News

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

4 days ago
CBN Unveils New Liquidity Instruments For NIFIs
Business

CBN Clarifies BVN Fee For Nigerians In Diaspora

4 days ago
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy
News

Fiscal Governance Lifeblood Of National Development— Tinubu

4 days ago
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy
News

At BRICS Summit,Tinubu Demands Reform Of Global Financial, Health Systems

5 days ago
LG Launches “Radio Optimism” Campaign
News

LG Launches “Radio Optimism” Campaign

5 days ago
Next Post

Stanbic IBTC PLC Reiterates Support For Nigeria’s Agricultural Sector

Most Recent

Trump Cryptocurrency Drops Amid US Tariff Backlash

Trump Threatens 10% Tariff On Countries Aligning With BRICS

July 7, 2025
China Hits US With Retaliatory Tariffs, Launches Probe Into Google Practices

China Responds To Trump’s Tariff Threat Against BRICS-Aligned Countries

July 7, 2025
CBN Unveils New Liquidity Instruments For NIFIs

CBN Clarifies BVN Fee For Nigerians In Diaspora

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

Fiscal Governance Lifeblood Of National Development— Tinubu

July 7, 2025
Labour Institute’s DG Hails Tinubu On Rights Protection, Nigeria First Policy

At BRICS Summit,Tinubu Demands Reform Of Global Financial, Health Systems

July 7, 2025
LG Launches “Radio Optimism” Campaign

LG Launches “Radio Optimism” Campaign

July 7, 2025
Are Africans Genetically Inferior?

Are Africans Genetically Inferior?

July 7, 2025
Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

Jaiz Bank Lifts NYSC Camp Spirit With Thrilling Football Match

July 7, 2025
Advertise with us

© 2024 | National Economy

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Energy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Money Guide
    • Analysis
    • Growth
    • Sport Economy

© 2024 | National Economy