The Federal Government of Nigeria has commenced the sale of two new Federal Government of Nigeria (FGN) Savings Bonds, offering investors attractive annual returns of up to 14.96 per cent.
The offer, announced by the Debt Management Office (DMO) on behalf of the Federal Government, is designed to encourage savings while providing Nigerians with a secure investment backed by the full faith and credit of the Federal Government.
According to the DMO, investors can subscribe to either a two-year FGN Savings Bond maturing on August 12, 2028, with an annual interest rate of 13.96 per cent, or a three-year FGN Savings Bond maturing on August 12, 2029, offering a higher annual yield of 14.96 per cent.
The subscription window opened on Monday, August 3, 2026, and will close on Friday, August 7, 2026, while settlement is scheduled for August 12, 2026.
The bonds are available at ₦1,000 per unit, with a minimum investment of ₦5,000 and additional purchases allowed in multiples of ₦1,000, up to a maximum investment of ₦50 million.
Investors will receive quarterly interest payments every November 12, February 12, May 12, and August 12, while the principal investment will be repaid in full on the maturity date.
The DMO emphasized that the FGN Savings Bonds remain one of the safest investment instruments in Nigeria, as they are fully guaranteed by the Federal Government and backed by the nation’s general assets.
The agency also noted that the bonds qualify as approved investment instruments under the Trustee Investment Act, making them suitable for trustees and institutional investors. In addition, they enjoy tax advantages under the Company Income Tax Act and the Personal Income Tax Act, particularly for pension funds and other eligible investors.
Furthermore, the bonds are listed on the Nigerian Exchange (NGX), providing investors with an opportunity to trade them if necessary, while banks can also count them as liquid assets when calculating their liquidity ratios.
Financial analysts say the latest bond issuance provides Nigerians with another opportunity to earn stable returns while supporting the Federal Government’s domestic borrowing programme.
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