Nigeria’s Debt Management Office launched two federal savings bonds, priced at N1,000 per unit. The two-year bond offers 13.96% interest, maturing August 2028, while a three-year bond yields 14.96%, due August 2029. Subscriptions opened Monday, closing August 7, with a minimum investment of N5,000. These DMO-backed bonds are secure, tax-exempt for pension funds, and listed on the Nigerian Exchange Ltd., targeting retail investors.
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