As a result of the restrictions of movement in the Federal Capital Territory, Lagos and Ogun States to better contain the Coronavirus pandemic in the country, the Debt Management Office has suspended the FGN Savings Bond Offer for the month of April 2020, which was scheduled for April 6 to 10, 2020.
The DMO gave this notification via a press statement stating that the FGN Savings Bond Offers will resume once the curve of the pandemic is flattened.
The DMO however noted that the suspension of the April 2020 Offer will not affect Coupon Payments due to investors for already issued FGN Securities as arrangements have been made to ensure that all Coupon Payments for and redemption of FGN Securities are made as and when due to investors’ designated accounts.
