According to the DMO, FGN bonds are backed by the full faith and credit of the Federal Government of Nigeria and are charged upon the general assets of Nigeria. The Debt Management Office (DMO) is offering three Federal Government of Nigeria (FGN) bonds valued at ₦300 billion for subscription at ₦1,000 per unit.According to the DMO, the first offer is an April 2029 FGN bond valued at ₦100 billion, at interest an rate of 19.30 per cent per annum (five-year re-opening). The second offer is a February 2031 FGN valued at ₦100 billion, at an interest rate of 18.50 per cent per annum (seven-year re-…