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ADVERTISEMENT

FG’s August Savings Bond Opens for Subscription

bond and FG's bonds 2024 | savings

An employee counts mixed denomination rand currency banknotes at the Forex department inside a First National Bank (FNB) branch in Johannesburg, South Africa, on Friday, March 15, 2013. A recovery in mining and manufacturing is giving South Africa's rand and bonds a breather amid concern that growth is slowing while inflation accelerates. Photographer: Nadine Hutton/Bloomberg

The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has opened the August 2025 FGN Savings Bond for public subscription.

According to the DMO, the offer includes two bond options: a 2-Year FGN Savings Bond at 14.401% per annum, maturing on August 13, 2027, and a 3-Year FGN Savings Bond at 15.401% per annum, maturing on August 13, 2028.

Subscriptions open on Monday, August 4, 2025, and close on August 8, 2025. The settlement date is August 13, 2025.

Each bond unit is priced at N1,000, with a minimum subscription of N5,000 and in multiples of N1,000 thereafter, up to a maximum of N50 million.

Interest payments will be made quarterly, and full repayment will be effected on the respective maturity dates.

The DMO has advised interested investors to contact any of its authorised stockbroking firms, who serve as distribution agents, to complete their subscription.

The savings bond is open to all investors, including those with limited capital. With a low entry point of just N5,000, the bond aims to encourage wider participation among Nigerians.

It also offers a secure investment option, being backed by the full faith and credit of the Federal Government of Nigeria.

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Tags: BondsDMO
Peter Oluka

Peter Oluka

Peter Oluka (@peterolukai), editor of Techeconomy, is a multi-award winner practicing Journalist. Peter’s media practice cuts across Media Relations | Marketing| Advertising, other Communications interests. Contact: peter.oluka@techeconomy.ng

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  1. Pingback: FG Bonds Draw Record N268 Billion Investor Interest, Exceeding N200 Billion Offer – Nigeria News Update

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