The Debt Management Office has opened subscriptions for the June 2026 Federal Government Savings Bond, offering investors annual returns of up to 14.777 per cent.
The offer was announced on behalf of the Federal Government under the provisions of the DMO Establishment Act 2003 and the Local Loans (Registered Stock and Securities) Act.
According to the DMO, the subscription window opened on June 1 and will close on June 5, 2026, while settlement is scheduled for June 10.
The agency said the savings bond programme is designed to provide secure investment opportunities for Nigerians while promoting savings and financial inclusion through government-backed securities.
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Two bond instruments are available under the June issuance. The first is a two-year FGN Savings Bond due on June 10, 2028, with an annual interest rate of 13.777 per cent.
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The second is a three-year bond due on June 10, 2029, offering a higher annual return of 14.777 per cent.
The bonds are priced at N1,000 per unit, with a minimum subscription requirement of N5,000 and a maximum investment of N50 million.
Interest payments will be made quarterly on September 10, December 10, March 10 and June 10, while the principal investment will be repaid in full at maturity.
The DMO noted that the bonds are backed by the full faith and credit of the Federal Government and are secured against the general assets of the country.
The instruments are also listed on the Nigerian Exchange, allowing investors to trade them on the secondary market. They qualify as liquid assets for banks and are recognised investments for trustees and pension funds under relevant regulations.
The June issuance offers slightly higher returns than the May 2026 savings bond. In May, the two-year bond carried an interest rate of 13.525 per cent, while the three-year tenor offered 14.525 per cent.
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Analysts attribute the continued rise in yields on fixed-income instruments to prevailing market conditions and investor demand for higher returns. The latest rates are expected to attract retail investors, cooperatives and high-net-worth individuals seeking stable and low-risk investment options.
The DMO said the programme remains part of efforts to deepen Nigeria’s domestic debt market and encourage wider retail participation in government securities.
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