Nigeria: FG Opens July Savings Bond With Interest Up to 16.762 Percent

8 July 2025
Daily Trust (Abuja)
By Abdullateef Aliyu

The federal government through the Debt Management Office (DMO) has unveiled the July 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 16.762% per annum.

The subscription window opened on Monday, July 7, 2025, and will close on Friday, July 11, 2025, according to a circular by the DMO on Monday.

This issuance includes two tranches comprising a two-year FGN savings bond, maturing on July 16, 2027, with an interest rate of 15.762% per annum.

The other is a three-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.

The 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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