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Nairaland Forum / Nairaland / General / DMO Offers FG Savings Bonds For Subscription (178 Views)
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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/
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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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