FG offers two savings bonds for subscription at N1,000 per unit
Nigeria's Debt Management Office (DMO) is offering two FGN savings bonds for subscription in December. The first is a two-year bond maturing December 2027 with a 12.838% annual interest rate, while the second is a three-year bond maturing December 2028 at 13.839%. Both are offered at N1,000 per unit, with a minimum subscription of N5,000 and a maximum of N50 million. Interest is paid quarterly. The bonds are backed by the full faith and credit of the Federal Government, qualify for trustee investments and tax exemptions, are listed on the Nigerian Exchange Ltd., and qualify as liquid assets for banks' liquidity ratio calculations.
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Verified on Dec 03, 2025