Wole Olajide, ACS
The Debt Management Office on behalf of the Federal Government of Nigeria has announced the offering for the FGN Savings Bond for June 2025 at the following interest rates
- 2-Year FGN Savings Bond due in June 11, 2027 at the interest rate of 16.121% per annum
- 3-Year FGN Savings Bond due in June 11, 2028 at the interest rate of 17.121% per annum
According to DMO, opening date for the offer is June 2, 2025. Closing date is June 6, 2025. Settlement date is June 11, 2025. Coupon payment dates are: September 11, December 11, March 11, June 11
The offers are backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of Nigeria.
Units of Sale for the FGN Savings Bond can be found below:
- N1,000 per unit subject to a minimum Subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50,000,000.