The Federal Government has, through the Debt Management Office, opened the May savings bond offer to investors.
The DMO announced on Monday on its website the two-year and three-year savings bonds offer for subscription.
According to the debt office, the two-year FGN bonds are due on May 12, 2023 at 7.753 per cent per annum; and the three-year FGN savings bond due on May 12, 2024 at 8.753 per cent per annum.
They opened on May 3, with a closing date of May 7.
While the settlement date is May 12, the bonds have coupon dates of August 12, November 12, February 12 and May 12.