The Debt Management Office (DMO) has announced the opening of its June 2025 offer for subscription to the Federal Government of Nigeria (FGN) Savings Bond.
This month’s offer includes two investment tenors with attractive annual interest rates—providing retail investors with a secure opportunity to grow their savings.
According to the offer circular issued Monday by the DMO, the bond subscription is open from Monday, June 2, 2025, and will close on Friday, June 6, 2025.
The settlement date is slated for June 11, 2025, while coupon payments will be made quarterly on September 11, December 11, March 11, and June 11 of each year until maturity.
The details of the offer are as follows:
- 2-Year FGN Savings Bond maturing on June 11, 2027, carries an interest rate of 16.121% per annum.
- 3-Year FGN Savings Bond maturing on June 11, 2028, offers a higher return of 17.121% per annum.
The FGN Savings Bond is issued on behalf of the Federal Government of Nigeria and is specifically designed to encourage domestic savings among retail investors while providing a risk-free investment backed by the full faith and credit of the Nigerian government.
The units of sale are priced at N1,000 per unit, with a minimum subscription of N5,000 and subsequent multiples of N1,000, up to a maximum of N50 million. Interest will be paid quarterly, and the principal will be repaid in full at maturity.
The bond qualifies as a security in which trustees can invest under the Trustee Investment Act and is exempt from taxes such as Company Income Tax (CITA) and Personal Income Tax (PITA) for individual investors. It also qualifies as liquid assets for banks.
Interested investors are advised to contact stockbroking firms accredited by the DMO to participate in the offer. A full list of authorized distribution agents is available on the DMO’s website at www.dmo.gov.ng.
This savings bond initiative continues the Federal Government’s efforts to promote financial inclusion and diversify its domestic funding sources while offering Nigerians a safe and rewarding investment avenue.
