The Debt Management Office (DMO) has confirmed the successful allotment of ₦3.05 billion in Federal Government of Nigeria (FGN) Savings Bonds for September 2025.
The bonds, issued at ₦1,000 per unit, had a minimum subscription of ₦5,000 and a maximum of ₦50 million per investor. They are a gateway for ordinary Nigerians to own safe, government-backed securities.
Launched in 2017, the programme aims to deepen Nigeria’s domestic bond market, encourage financial inclusion, and provide low-risk investment options. The September offer opened on September 1 and closed on September 5. Settlement was completed on September 10, 2025.
Investors Prefer Three-Year Bond
For this issuance, the two-year FGN Savings Bond, maturing in September 2027, was allotted at a 15.541% interest rate. It raised ₦631.76 million from 793 successful applications.
The three-year bond attracted stronger demand, raising ₦2.416 billion from 1,246 investors at an annual rate of 16.541%.
Interest will be paid quarterly on March 10, June 10, September 10, and December 10, directly into investors’ bank accounts.
The FGN Savings Bond qualifies under the Trustee Investment Act and is recognised as a government security under the Company Income Tax Act (CITA) and the Personal Income Tax Act (PITA). Pension funds and other institutional investors can also enjoy tax exemptions.
The DMO insists that the bond is a tool for improving investment culture in Nigeria. Would you consider putting part of your savings into a government-backed bond for stable returns?
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