Suspension of April 2020 FGN Savings Bond Offer

Further to the directive by the President, Federal Republic of Nigeria during a nationwide broadcast on the Coronavirus (COVID-19) outbreak on 29 March 2020, wherein he announced restriction of movement in the Federal Capital Territory (FCT), Lagos and Ogun states. The Debt Management Office (DMO) has informed us that the FGN Savings Bond Offer for the month of April 2020, which was scheduled for 6–10 April 2020 has been suspended.

Kindly note, the DMO also informed us that the suspension of the April 2020 offer will not affect coupon payments due to investors for already issued FGN Securities. We will keep you updated on information provided by the DMO on future FGN Savings Bond issues.

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