DMO Opens November FGN Savings Bond Subscription With 14.565% Yield

The Debt Management Office (DMO) has opened the subscription window for the November 2025 edition of the Federal Government of Nigeria (FGN) Savings Bond, offering investors interest rates of up to 14.565 percent.

According to details released by the DMO on Monday, the available instruments include a 2-year FGN Savings Bond due November 12, 2027, at 13.565 percent per annum, and a 3-year FGN Savings Bond due November 12, 2028, at 14.565 percent per annum.

The subscription period runs from Monday, November 3, to Friday, November 7, 2025, while the settlement date is fixed for November 12, 2025. Interest payments will be made quarterly on February 12, May 12, August 12, and November 12 until maturity.

The FGN Savings Bond allows Nigerians to invest securely while supporting national economic growth. It is issued in units of N1,000 each, with a minimum subscription of N5,000 and a maximum of N50 million per investor.

The DMO said the bond qualifies as trustee securities under the Trustee Investment Act and enjoys tax exemptions for Pension Funds and other eligible investors under existing tax laws. It is also listed on the Nigerian Exchange Limited (NGX), providing liquidity for investors through secondary trading.

Fully backed by the Federal Government’s credit and general assets, the bond remains one of the safest domestic investment options available.

The FGN Savings Bond programme, introduced in 2017, aims to deepen Nigeria’s domestic debt market, promote financial inclusion, and give small investors access to government securities.

The DMO noted that the attractive coupon rates reflect current inflationary pressures and are designed to encourage retail participation while strengthening confidence in the domestic capital market.

Interested investors are advised to contact authorized stockbrokers appointed as distribution agents for subscription.