The Debt Administration Workplace (DMO) has launched the March 2025 Federal Authorities of Nigeria (FGN) financial savings bonds, providing traders engaging rates of interest of as much as 17.635% each year.
The subscription window opened on Monday, March 4, 2025, and can shut on Friday, March 7, 2025.
The DMO made this announcement through its official deal with on X (previously Twitter), stating, “We’re opening this month with the next presents for subscription: 2-12 months Bond due March 12, 2027, at 16.635% p.a., and a 3-12 months FGN Bond due March 12, 2028, at 17.635% p.a. Provide is open and closes March 7, 2025. To take a position, contact your stockbroker. Curiosity cost begins on June 12, 2025.”
Key Particulars of the FGN Financial savings Bond
Tenure and Charges:
- 2-12 months Bond: Matures on March 12, 2027, with an annual rate of interest of 16.635%.
- 3-12 months Bond: Matures on March 12, 2028, with an annual rate of interest of 17.635%.
Unit of Sale:
- N1,000 per unit, topic to a minimal subscription of N5,000 and in multiples of N1,000 thereafter.
- Most subscription restrict is N50 million.
Curiosity Fee:
- Curiosity is payable quarterly, with the primary cost scheduled for June 12, 2025.
Why Traders Ought to Think about FGN Financial savings Bonds
FGN financial savings bonds are designed to encourage retail traders to take part within the bond market whereas offering a safe funding backed by the Federal Authorities of Nigeria. Some key advantages embrace:
- Engaging Returns: With rates of interest of as much as 17.635%, the bonds supply greater returns in comparison with conventional mounted deposits and financial savings accounts.
- Common Revenue Stream: Traders obtain quarterly curiosity funds, making it a viable choice for these seeking to generate passive revenue.
- Low Entry Barrier: With a minimal subscription of simply N5,000, retail traders can simply take part.
- Authorities-Backed Safety: The bonds are backed by the complete religion and credit score of the Federal Authorities, making certain security and assured returns.
How one can Make investments
traders should buy the financial savings bonds by stockbroking companies accredited by the DMO. These companies act as intermediaries between traders and the Nigerian Inventory Trade (NGX), the place the bonds are listed for buying and selling.
To take a position, people should contact their stockbroker earlier than the March 7, 2025 deadline to finish the subscription course of.
Rising Curiosity in FGN Financial savings Bonds
Through the years, FGN financial savings bonds have gained reputation amongst Nigerians in search of risk-free funding choices.
With inflation issues and fluctuating rates of interest in conventional financial savings devices, authorities bonds present a secure and predictable return on funding.
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