The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has announced the opening of subscription for the Federal Government of Nigeria Savings Bond for November 2025. This offer, made under the authorization of the Debt Management Office (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004, provides an opportunity for investors to earn steady returns while contributing to national development.
According to the DMO, the offer includes a 2-Year FGN Savings Bond due November 12, 2027, with an annual interest rate of 13.565 percent, and a 3-Year FGN Savings Bond due November 12, 2028, with an annual interest rate of 14.565 percent. The subscription opened on November 3, 2025, and will close on November 7, 2025, while settlement is scheduled for November 12, 2025.
The DMO stated that “interest payments on the bonds will be made quarterly, with coupon payment dates fixed for February 12, May 12, August 12, and November 12.” The minimum subscription is ₦5,000, with additional investments accepted in multiples of ₦1,000, up to a maximum of ₦50 million.
Each bond qualifies as a security in which trustees can invest under the Trustee Investment Act and as government securities within the meaning of the Company Income Tax Act and Personal Income Tax Act, granting tax exemptions for pension funds and other investors.
The DMO further confirmed that the bonds are listed on The Nigerian Exchange Limited and qualify as liquid assets for liquidity ratio calculation for banks. The investment is backed by the full faith and credit of the Federal Government of Nigeria.
Interested investors are advised to contact authorized stockbroking firms or visit www.dmo.gov.ng for details on approved distribution agents.
