Debt Management Office (DMO) February 2023 Edition of the FGN Savings Bond (FGNSB)

Debt Management Office (DMO) February 2023 Edition of the FGN Savings Bond (FGNSB)

The Debt Management Office (DMO) on behalf of the Federal Government of Nigeria has announced the February edition of the FGN Savings Bond (FGNSB). The February 2023 offer to subscribe opens on Monday, February 6th, 2023 and closes on Friday, February 10th, 2023.

ISSUER Federal Government of Nigeria
THE OFFER Offer For Subscription of FGN Savings Bond due February 15, 2025 & February 15, 2026
TENOR 2 Years & 3 Years
INTEREST RATE   10.043%  & 11.043% Annually
INTEREST PAYMENT Payable Quarterly
REDEMPTION Bullet repayment at maturity date
UNIT OF SALE ₦1,000 per Unit
MINIMUM SUBSCRIPTION ₦5,000 in Multiples of ₦1,000
OPENING DATE February 6th, 2023
CLOSING DATE February 10th, 2023
SETTLEMENT DATE February 15th, 2023
COUPON PAYMENT DATE: May 15, August 15, November 15, February 15
SECURITY The Bond is backed by the full faith and credit of the Federal Government of Nigeria
LISTING Nigerian Exchange Limited (NGX)
SUBSCRIPTION AGENT  Chapel Hill Denham Securities Limited (CHDS)

For subscription, please click here and log in with your email and password as used on the Primary Offer portal.

For new customers, please create an account using your BVN and DOB.

After successful purchase, a receipt will be sent to your registered email address and the bond credited to your registered CHDS CSCS account in a minimum of 30 days after the settlement date.

For further information, contact us on 0700 CHAPEL HILL  (0700 2427354455) – 9AM-5PM Monday to Friday

Please do not reply this mail – call the contact number above for enquiries or complaints.

Frequently Asked Questions

How to get FGN Savings Bond (FGNSB)

Register here

1 thought on “Debt Management Office (DMO) February 2023 Edition of the FGN Savings Bond (FGNSB)”

  1. I am an FTS ubec staff. The federal government are still owing me my February and March salary for last year 2022, 30000 naira each making the sum 60000 naira.simply because my former account was blocked and i had to open a new one. Which they used to be paying my salary from April to November

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