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.

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These bonds are available for purchase at a price of N1,000 per unit.

The first offer is a two-year FGN Savings Bond that will mature on July 12, 2025, with an annual interest rate of 9.07 percent. The second offer is a three-year FGN Savings Bond that will mature on July 12, 2026, with an annual interest rate of 10.070 percent.

The subscription period for both bonds opened on July 3 and will close on July 7. The settlement date for the bonds is scheduled for July 13. Coupon payments for the bonds will be made on October 12, January 12, April 12, and July 12, respectively.

The minimum subscription amount for these bonds is N5,000, and subsequent subscriptions must be in multiples of N1,000. The maximum subscription limit is set at N50 million. Interest payments on the bonds are made quarterly, and the principal sum is paid in full upon maturity.

The DMO emphasizes that these bonds are fully backed by the Federal Government of Nigeria and are secured against the country’s general assets. They are considered eligible securities for investment by trustees under the Trustee Investment Act.

Additionally, the bonds qualify as government securities for tax exemption purposes under the Company Income Tax Act and Personal Income Tax Act, particularly for pension funds and other investors.

They are listed on the Nigerian Exchange Limited and are considered liquid assets for the calculation of liquidity ratios for banks

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