The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the launch of the October 2025 edition of its FGN Savings Bond, with interest rates of 14.062% and 15.062% per annum for the two- and three-year tenors respectively.
In a statement on Monday, the DMO disclosed that the 2-Year FGN Savings Bond will mature on October 15, 2027, while the 3-Year FGN Savings Bond will mature on October 15, 2028.
The subscription period opens on October 6, 2025, and closes on October 10, 2025, with settlement fixed for October 15, 2025. Coupon payments will be made quarterly on January 15, April 15, July 15 and October 15.
The retail bond is available at ₦1,000 per unit, subject to a minimum subscription of ₦5,000 and in multiples of ₦1,000 thereafter, up to a maximum of ₦50 million.
The FGN Savings Bond programme is designed to broaden Nigeria’s domestic investor base by giving retail investors, including individuals and small businesses, access to secure government securities while supporting national financing needs.
Leave a Reply