The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has announced the offer for subscription of the FGN Savings Bond for the month of August 2025. This initiative is in line with the Debt Management Office (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004.
This month’s offer includes two bond options. The first is a 2-Year FGN Savings Bond due August 13, 2027, with an annual interest rate of 14.401 percent. The second is a 3-Year FGN Savings Bond due August 13, 2028, offering a higher annual return of 15.401 percent. According to the DMO, “The offer opened on August 4, 2025, and will close on August 8, 2025, with settlement scheduled for August 13, 2025.”
The savings bonds, which are designed for retail investors, are available for sale at ₦1,000 per unit, with a minimum subscription of ₦5,000. Subsequent subscriptions must be in multiples of ₦1,000, up to a maximum of ₦50 million.
Interest on these bonds will be paid quarterly, with the first coupon payment date set for November 13, 2025. Other coupon dates include February 13, May 13, and August 13 each year.
“The savings bond qualifies as a liquid asset for banks and is recognized as government securities under both the Company Income Tax Act and the Personal Income Tax Act,” the DMO explained.
This means tax exemption is available for pension funds and some other investors. It is also listed on the Nigerian Exchange Limited, making it accessible and tradable.
The bonds are backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of the nation. “This ensures maximum security for investors,” the DMO added.
Interested individuals are advised to contact any of the stockbroking firms appointed as distribution agents by the Debt Management Office. The full list of distribution agents can be found on the DMO’s official website at www.dmo.gov.ng.
For those who need assistance finding a stockbroker, visit https://t.co/MkvVfRAto9.