Investors have shied away from government bonds as the treasury only managed to raise 2 per cent of the Sh20 billion it had
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Meaning of FGN Bond A FGN (Federal Government of Nigeria) Bond is a debt security issued by the Nigerian government to raise funds from the public. These bonds are considered low-risk investments as they are backed by the government’s credit. Investors purchase FGN Bonds with the expectation of receiving periodic interest payments (coupons) […]
Investors have shied away from government bonds as the treasury only managed to raise 2 per cent of the Sh20 billion it had
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