The Federal Government of Nigeria has secured N4.3 billion from its May 2025 issuance of Savings Bonds, according to figures released by the Debt Management Office (DMO).
The public offer, which ran from May 5 to May 9, 2025, saw robust investor interest and is scheduled for settlement on May 14, 2025.
The FGN Savings Bond, designed to encourage domestic investment and financial inclusion, offers Nigerians a secure, low-risk avenue for wealth creation while supporting government financing needs. Investors in the bond receive fixed interest payments quarterly.
Two bond options were on offer:
A two-year bond due May 14, 2027, with a 16.173% annual interest rate.
A three-year bond maturing May 14, 2028, with a 17.173% annual interest rate.
Quarterly coupon payments for both bond types will be made on August 14, November 14, February 14, and May 14.
DMO data showed that N840.43 million was raised from 994 successful bids for the two-year bond. The three-year option attracted higher patronage, with N3.47 billion allotted across 1,537 successful subscriptions.
The issuance forms part of the federal government’s broader strategy to mobilise domestic funds for infrastructure and budgetary support. So far, the government has raised N1.94 trillion from bond markets in Q1 2025 alone, underscoring its reliance on debt markets to bridge fiscal gaps.
The DMO continues to promote the Savings Bond programme as a means for ordinary Nigerians to participate in national development while earning steady returns.
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