The Federal Government of Nigeria (FGN), acting through the Debt Management Office (DMO), has officially launched a new subscription window for its Savings Bonds, offering citizens a secure avenue for investment with competitive returns. The announcement was made via the DMO's official X (formerly Twitter) handle on Tuesday, December 2, 2025.
Investment Details and Attractive Rates
The DMO is offering two distinct tranches for the December 2025 issuance. The first is a 2-Year FGN Savings Bond due for maturity on December 10, 2027, which carries an annual interest rate of 12.838%. The second option is a 3-Year FGN Savings Bond maturing on December 10, 2028, with a higher annual interest rate of 13.838%.
These bonds are priced at N1,000 per unit, with a minimum subscription amount set at N5,000. Investments can be increased in multiples of N1,000 thereafter. The DMO has set a maximum investment ceiling of N50 million for any single investor.
Subscription Timeline and Payment Structure
The subscription period for this offer is short and time-bound. It opened on December 1, 2025, and will close on Thursday, December 5, 2025. The settlement date for all successful applications is scheduled for December 10, 2025.
A key feature of these savings bonds is the quarterly interest payment schedule. Investors will receive their interest payments on March 10, June 10, September 10, and December 10 of each year. Upon the bond's maturity, the full principal amount is guaranteed to be repaid to the investor by the Federal Government.
Security and Additional Benefits for Investors
The DMO emphasizes that the FGN Savings Bonds represent one of the safest investment vehicles in the country. They are fully backed by the full faith and credit of the Federal Government of Nigeria and are secured by the nation's general assets.
Beyond security, the bonds come with several statutory benefits:
- They qualify as securities in which trustees can invest under the Trustee Investment Act.
- They enjoy tax exemption status under the Company Income Tax Act (CITA) and Personal Income Tax Act (PITA), making them particularly attractive for pension funds.
- The bonds are listed on the Nigerian Exchange Limited (NGX).
- Financial institutions can classify them as liquid assets for liquidity ratio calculations.
Interested individuals and institutional investors are advised to contact any of the stockbroking firms appointed as official distribution agents by the DMO. A comprehensive list of these authorised agents is available on the DMO's official website at www.dmo.gov.ng.
The launch of these bonds occurs against the backdrop of Nigeria's growing public debt profile, which was reported by the DMO to have reached N152.4 trillion as of June 2025. This savings bond initiative represents a government effort to mobilise domestic funding from the public.
