The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has opened the July 2025 issuance of the Federal Government of Nigeria (FGN) Savings Bond for subscription.
According to a circular released on Monday, the offers opens on July 7, 2025, and closes on July 11, 2025. Settlement is scheduled for July 16, 2025.
This issuance includes two tranches; 2-year FGN savings bond, maturing on July 16, 2027, with an interest rate of 15.762% per annum.
The other is a 3-year FGN savings bond, maturing on July 16, 2028, with an interest rate of 16.762% per annum.
Each bond is priced at N1,000 per unit, with a minimum subscription of N5,000. Subsequent investments must be in multiples of N1,000, up to a maximum of N50 million.
Interest payments will be made quarterly, on January 16, April 16, July 16 and October 16, with principal repaid in full on maturity.
These savings bonds are backed by the full faith and credit of the Federal Government, offering investors a secure and low-risk investment option.
The DMO advised interested investors to contact authorised stockbroking firms appointed as the distribution agents listed on their website for participation.
