The Debt Management Office (DMO) has opened the September 2025 FGN Savings Bonds, offering rates up to 16.541% per annum for investors.
According to the DMO, coupon payments will be made quarterly on March 10, June 10, September 10, and December 10.
The September issuance offers two bond options for subscribers. A 2-year bond matures on September 10, 2027, with an annual interest rate of 15.541%. The 3-year bond matures on September 10, 2028, with a higher rate of 16.541%.
ALSO READ
Compared to the August 2025 savings bonds, the interest rates reflect an increase of over one percentage point in both tenors.
This rise is expected to attract more retail investors seeking higher-yielding opportunities in a stable government-backed instrument.
The bonds feature a unit price of ₦1,000, a minimum subscription of ₦5,000, and increments in multiples of ₦1,000, up to ₦50 million.
The instruments also qualify as government securities under the Company Income Tax Act (CITA) and the Personal Income Tax Act (PITA).
Additionally, the savings bonds are listed on the Nigerian Exchange (NGX), providing liquidity for investors who may wish to trade them in the secondary market. They are also recognized as liquid assets for banks’ liquidity ratio requirements.
