DMO opens subscription for FGN bonds at 12% interest rate

The Debt Management Office (DMO) has announced that it has opened offers for subscriptions for the two-year and three-year tenure of Federal Government of Nigeria bonds at 11.031% and 12.031% respectively per annum.

The disclosure was made via a circular on the website of the DMO today.

According to the statement, the offer of subscription will last for four days- between the 4th and 8th of September 2023.