- Savings bonds pay up to 15.356% amid rising debt service costs
- Abuja targets households to ease reliance on volatile funding
ABUJA, NIGERIA – Nigeria’s debt office has launched a new round of retail bond sales offering yields above 14% and 15%, as the government seeks to tap household savings and deepen domestic funding sources.
Nigeria’s Debt Management Office (DMO) said in an official notice on Monday that the latest Federal Government of Nigeria (FGN) Savings Bond offer features two tenors designed to attract small and conservative investors.
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