Nigerian Exchange Group Plc · NSENG:NGXGROUP
Nigerian Exchange — Fact Sheet (August 2023)
6 slides from Nigerian Exchange's fact sheet, August 2023
Slide 1: The Federal Government of Nigeria (FGN) Savings Bond Fact Sheet
THE FEDERAL GOVERNMENT OF NIGERIA (FGN) SAVINGS BOND FACT SHEET
Slide 2: Instrument, Issuer, Objective, Purpose and Benefits
Instrument FGN Savings Bond Issuer Debt Management Office (DMO) on behalf of Federal Government of Nigeria (FGN) Registrar & Se lement Agent Central Bank of Nigeria (CBN) Custody, Clearing and Se lement Central Securi es Clearing System Plc (CSCS) Objec ve It is an investment vehicle offered by the Sov
Slide 3: Tenor, Coupon, Offer Size and Subscription
Tenor 2 and 3 years Coupon To be determined by DMO in line with prevailing market rates and announced on the day each offer opens. Offer circular will be published in at least 3 na onal newspapers, as well as DMO and NSE website Payment Mode Coupon will be paid quarterly and bullet principal payment o
Slide 4: Allotment, Tax, Security, Settlement, Trading and Liquidity
Allotment It is a scrip-less security with allotment done electronically into investor’s CSCS account; and investors will receive no fica ons Tax Coupons/Interest payments are tax-exempt (in line with the exis ng tax laws) Security Backed by the full faith and credit of the Federal Government of Nige
Slide 5: Powering the Growth of Africa's Largest Economy
Powering The Growth of Africa’s Largest Economy Since inception, The Nigerian Stock Exchange has engendered both financial stability and inclusive economic development by being the preferred means of raising capital for Nigerian organizations seeking to compete both regionally and globally. Nigeria'
Slide 6: Contact email
email: contactcenter@nse.com.ng