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DMO Offers FG Savings Bonds For Subscription - Nairaland / General - Nairaland

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DMO Offers FG Savings Bonds For Subscription by BizWatch: 3:23pm On May 04, 2021
The Debt Management Office (DMO) is offering Federal Government bonds for the month of May to investors.

The DMO announced on Monday on its website the two-year and three-year savings bonds offer for subscription.

Bonds are issued by governments and corporates when they want to raise money. The buyer of such bond is giving the issuer a loan — to pay back the face value of the loan on a specific date, and to pay the buyer periodic interest payments along the way.

Read More: https://bizwatchnigeria.ng/dmo-offers-fg-savings-bonds-for-subscription/

Re: DMO Offers FG Savings Bonds For Subscription by iampeterben(m): 3:32pm On May 04, 2021
I don't understand this can an economist/accountant explain this to me.

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