T-bills and FGN Bond Auctions Closes September 12, 2017

September 12, 2017/ARM Securities

The FGN Savings Bond auction which opened on Monday, September 11, 2017 to close on Friday, September 15, 2017, and the upcoming Treasury Bills primary auction scheduled for Wednesday, September 13, 2017.

The FGN Savings Bond is being auctioned at following rates:
2 year FGN Savings Bond – 13.817% per annum
3 year FGN Savings Bond – 14.817% per annum

To participate in these auctions kindly ensure your account is funded. We will need your confirmation on or before 5.00pm today, Tuesday, September 12, 2017 for the T-bills auction. For the FGN Savings Bond auction, we need your confirmation by Thursday, September 14, 2017 on or before 5.00pm.