The Nigerian Exchange Limited has announced the listing of the June 2025 issue of the Federal Government of Nigeria Savings Bonds on its platform.
According to a market bulletin issued on Wednesday, with reference number NGXREG/IRD/MB48/25/07/09, the total amount listed stood at N4.01bn, comprising two bond offerings.
The first tranche is the 16.121 per cent FGS JUN 2027 bond, with a tenor of two years. A total of N875.06m was issued, representing 875,062 units. It has a coupon rate of 16.121 per cent, with an issue date of June 11, 2025 and a maturity date of June 11,2027. The bond is listed under the symbol code FGS202791 with ISIN NGFGS2027913.
The second tranche is the 17.121 per cent FGS JUN 2028 bond, with a tenor of three years. It attracted N3.13bn, equivalent to 3,130,241 units. The coupon rate is 17.121 per cent, and it carries the symbol code FGS202892 with ISIN NGFGS2028929. The issue and maturity dates are June 11,2025 and June 11, 2028, respectively.
Coupon payments for both bonds will be made quarterly on September 11, December 11, March 11, and June 11 throughout the tenor of the instruments.
The PUNCH reported that the Federal Government has listed its April 2025 Savings Bonds valued at N4.3bn on the Nigerian Exchange Limited.
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