Features of FGN Savings Bond

                           

FGN Savings Bond

 

 

Features:

Minimum subscription of N5,000 and a maximum of N50 million Fixed interest rate will be paid every quarter Two – three years tenor

Benefits:

Interest income from savings bond are tax-free, A competitive fixed rate – interest rate, The savings bond are considered liquid as it would be tradeable on the Nigerian Stock Exchange, The FGN Savings Bond Certificate can be used as collateral for loan, It offers guaranteed return, and encourages financial inclusion among low-income households, It enables individuals to enjoy those benefits which accrue to high net-worth investors in the capital market.