DMO blames system glitch for delayed coupon payment on bonds

DMO blames system glitch for delayed coupon payment on bonds

The Federal Government, through the Debt Management Office, has failed to make coupon payments on two savings bonds due to ongoing system and processing issues. As a result of this, the office has missed two coupon payments in two months. A report by Bloomberg stated that the first coupon payment on the two-year and three-year

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