16/03/2021
savings bond is a government bond offered to its citizens to help fund federal spending, and which provides savers with a guaranteed, although modest, return. These bonds are issued with zero coupon at a discount with an implied fixed rate of interest over a fixed period of time.
*It makes it possible for individuals to plan and save towards personal projects.e.g
-House projects &Rent.
-Bills.
-Retirement.
-Children's School Fees.
-Holiday Vacation.
-Tourism Ex*****on Travel.
-Forieng and Local Trade.
-Marriage
-business capital
-Health Emergency
And lots More.