The Lagos State Government has launched a N275 billion bond to finance activities for the year. You can download the application form below:

Some details of the bond are as follows:

1. Maturity Date: 2013
2. Fixed rate 13% coupon i.e. N130 per N1000 in principal amount
3. Mininum of N100,000 subscritption and N10,000 thereafter
4. Proceeds to be used to finance ongoing infrastructure projects and refinance loans on ongoing infrastructure projects.
5. The coupon rate payable semi-annually – July 15 and January 15