THE FGN SAVINGS BOND-JUNE 2017 OFFER

The Debt Management Office (DMO) on behalf of Federal Government of Nigeria offers 2-Years and 3-Years FGN Savings Bond due on  June 14, 2019 and 2020 at 13.189% and 14.189% respectively.

The Offer closes on Friday 9th June, 2017.

Here are the summary of the offer:

   Coupon: (2 Years) 13.189%
    Coupon: (3 Years) 14.189%
    Opening Date: June 5, 2017
Closing Date:   June 9, 2017

 ISSUER: Federal Government of Nigeria (“FGN”)

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.

INTEREST PAYMENT: Payable Quarterly

REDEMPTION: Bullet repayment on the maturity date

BENEFITS OF FGNSB:

It is a means of diversifying your portfolio
It offers capital preservation to bondholders
Interest income from investment are tax free
The investment can be used as collateral for loan
It offers better returns than interest on saving account
Steady source of income as coupon will be paid quarterly
Coupon can be reinvested to increase holdings and yield to maturity

You can subscribe to this offer through us at:

PLEASE MAKE PAYMENTS TO:

TRW STOCKBROKERS LTD

FBN ACCT NO 2008-040-747

BROAD STREET BRANCH

Kindly send your payment information and the form to: thekingsltd@gmail.com

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