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Debt Management Office announces resumption of FG’s savings bond

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Following the suspension of the monthly offer of the Federal Government Savings Bond in April, the Debt Management Office (DMO) has announced its resumption.

The offer for subscription will open on Monday, August 10, 2020 and close on Friday, August 14, according to a statement by Chinenye Onu, given to Persecondnews.

Interested members of the public are enjoined to watch for the advert of the offer for subscriptions in the various newspapers and on the DMO’s website.

The DMO said it was constrained to suspend the monthly offers of the FGN Savings Bond in April 2020 due to the restrictions on movement and lockdown in the wake of COVID-19.

“Investors are encouraged to continue saving through the FGN Savings Bond as they attract good incomes and are secure being a sovereign instrument while also contributing to national development.’’

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