The Federal Government of Nigeria has opened a new offer for subscription of its Savings Bonds, providing banks, institutional investors, and individuals an opportunity to earn attractive returns while boosting liquidity.
The through the Debt Management Office (DMO) in a statement published on its website, stated that the two-year FGN Savings Bonds, due September 10, 2027, carry an interest rate of 15.541 per cent per annum, while the three-year bond, maturing on September 10, 2028, offers 16.541 per cent per annum.
It said interest payments would be made quarterly on March 10, June 10, September 10, and December 10 each year.
The bonds, which are sold in units of N1,000, have a minimum subscription of N5,000 and a maximum of N50,000,000 per investor, while redemption is structured as a bullet payment on the maturity date, providing investors with a lump sum at the end of the investment term.
The DMO explained that the bonds qualify as government securities for tax exemption purposes under the Company Income Tax Act and Personal Income Tax Act, making them suitable for pension funds and other institutional investors. They also qualify as liquid assets for banks in calculating liquidity ratios and are listed on the Nigerian Exchange Limited.
It said the FGN Savings Bonds are backed by the full faith and credit of the Federal Government and charged upon the general assets of Nigeria, offering a secure investment option for those looking to earn competitive returns while supporting national development.
According to the DMO, applications opened on September 1, 2025, and will close on September 5, 2025, with settlement scheduled for September 10, 2025.
