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This is How You can Purchase/Subscribe FGN Savings Bond - Vimarsana News

This is How You can Purchase/Subscribe FGN Savings Bond

Nigeria government savings bond was created by the federal government a few years ago to meet the investment demands of low-income earners in the country. Before the introduction of the financial asset, Nigerians had the opportunity to invest in treasury bills for as low as N10,000, but the Central Bank of Nigeria (CBN), which sells T-bills on behalf the Debt Management Office (DMO), raised the minimum subscription for the bills to N50 million. This development made nearly it impossible for low-income earners to invest in government securities and the sovereign bonds available also required h...

This is How You can Purchase/Subscribe FGN Savings Bond - Vimarsana News

This is How You can Purchase/Subscribe FGN Savings Bond

Nigeria government savings bond was created by the federal government a few years ago to meet the investment demands of low-income earners in the country. Before the introduction of the financial asset, Nigerians had the opportunity to invest in treasury bills for as low as N10,000, but the Central Bank of Nigeria (CBN), which sells |