FGN SAVINGS BOND DECEMBER 2018 OFFER

FGN SAVINGS BOND DECEMBER 2018 OFFER

Dear Esteemed Client,

Please be informed that the December offer of the FGN savings bond opened officially on Monday 3rd December, 2018 and will close on Friday, 7th December, 2018. All completed forms should be submitted on or before the stipulated deadline. MBC Securities is one of the appointed Distribution agents by the DMO.

Please find details of the bond below:

 2-YEAR BOND

Auction  Date 03/12/2018
Closure Date 07/12/2018
Settlement Date 12/12/2018
Maturity Date 12/12/2020
Tenor 2 years
Coupon 12.40%
Coupon Payment Date March 12th, June 12th, September 12th, December 12th
Minimum Investment N5,000
Maximum Investment N50,000,000

3 – YEAR BOND

Auction  Date 03/12/2018
Closure Date 07/12/2018
Settlement Date 12/12/2018
Maturity Date 12/12/2021
Tenor 3 years
Coupon 13.40%
Coupon Payment Date March 12th, June 12th, September 12th, December 12th
Minimum Investment N5,000
Maximum Investment N50,000,000

 The Minimum subscription amount is N5 000.00 with additions in multiples of N1, 000.00, subject to a maximum of N50,000,000.00

The Interest on FGN Savings bond is paid quarterly and the bond is backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of Nigeria.

Kindly complete the attached subscription form. Fill, send the completed form and make payment into any of the bank accounts stated below.

Please note that you will not be charged any commission for investing in FGN Savings bond during the auction period.

Please see below our bank details.

GTB MBC SECURITIES LIMITED 0012200376
FIRST BANK PLC MBC SECURITIES LIMITED 2005543742
ECOBANK PLC MBC SECURITIES LIMITED 2562036993
ZENITH BANK MBC SECURITIES LIMITED 1011736779

  

For further enquiries, kindly reach:

Obianuju Egwuatu- oegwuatu@mbcgroup.com.ng /08137475868

Yussuf Apena- yapena@mbcgroup.com.ng/ 08062070332

Ezekiel Matuluko – ematuluko@mbcgroup.com.ng /07034809072

Thank you.

New FGNSB Subscription Form

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