Debt Management Office in a circular issued on Wednesday, stated that the offerings consisted of ₦1.25 trillion with a maturity date of February 2031 and ₦1.25 trillion with a 10-year tenor. 

FGN savings bonds are part of the domestic borrowing plan of the Federal Government. 

Last year, the Federal Government raised about ₦7.06 trillion from the fixed income market. This year, the Federal Government has projected its new borrowings to hit ₦7.83 trillion. 

The latest FG bonds have a face value N1,000, with a minimum subscription requirement of N50,001,000 and subsequent increments in multiples of N1,000.