Find out more as FG announces new bond offer, invites Nigerians to invest from N5,000
The Federal Government has introduced a new savings bond, allowing Nigerians to invest from N5,000. With annual returns of up to 14.96%, this government-backed initiative aims to promote secure investments.
- The DMO has opened subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds priced at N1,000 per unit.
- The two-year and three-year bonds offer annual interest rates of 13.963% and 14.963%, respectively
- The savings bonds are backed by the full faith and credit of the Federal Government of Nigeria and carry no default risk
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The Debt Management Office (DMO) has opened subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds, offering investors the opportunity to invest from N5,000, with each unit priced at N1,000.
According to the DMO, the offer, which opened on August 3, 2026, will close on August 7, 2026, while settlement is scheduled for August 12, 2026.
The first offer is a two-year FGN Savings Bond due August 12, 2028, with an annual interest rate of 13.963%. The second is a three-year FGN Savings Bond maturing on August 12, 2029, offering 14.963% per annum.
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Details of the savings bonds
- Legit Original article
