The Debt Administration Workplace (DMO), on behalf of the Federal Authorities of Nigeria, has introduced the provide for subscription of the Could 2025 issuance of the FGN Financial savings Bond.
The provide opened on Monday, Could 5, 2025, and can shut on Friday, Could 9, 2025.
In a public disclosure on its official web site, the DMO revealed that the rates of interest for this month’s financial savings bond sequence are 16.173% every year for the 2-Yr bond due Could 14, 2027, and 17.173% every year for the 3-Yr bond due Could 14, 2028.
Key Supply Particulars
- Settlement Date: Could 14, 2025
- Coupon Fee Dates: Quarterly on August 14, November 14, February 14, and Could 14
- Minimal Subscription: N5,000
- Most Subscription: N50,000,000
- Unit Worth: N1,000 per unit, in multiples of N1,000
The DMO states that the FGN Financial savings Bond is designed to encourage a tradition of financial savings amongst Nigerians whereas providing retail traders entry to safe funding devices absolutely backed by the complete religion and credit score of the Federal Authorities of Nigeria.
In line with the Debt Administration Workplace (DMO), the bond is a fixed-income product with curiosity paid quarterly, making it enticing for traders looking for regular and dependable money move.
The bond qualifies as a safety through which trustees can make investments, underneath the Trustee Funding Act, and can be acknowledged as a authorities safety underneath each the Firm Earnings Tax Act (CITA) and Private Earnings Tax Act (PITA), the DMO famous.
This standing permits tax exemption advantages for pension funds and different eligible institutional traders.
When it comes to market accessibility and liquidity, the FGN Financial savings Bond is listed on the Nigerian Change Restricted (NGX), permitting traders to commerce on the secondary market. Moreover, it qualifies as a liquid asset for the aim of computing liquidity ratios for banks, enhancing its attractiveness to monetary establishments.
The DMO reaffirmed that the bond isn’t solely a low-risk funding possibility however can be charged upon the overall belongings of the nation, making it some of the safe funding autos out there out there.
traders are suggested to contact stockbroking companies accredited by the Nigerian Change or go to the DMO web site for additional particulars on learn how to subscribe.
Rising Curiosity in FGN Financial savings Bonds
Over time, FGN financial savings bonds have gained recognition amongst Nigerians looking for risk-free funding choices.
With inflation issues and fluctuating rates of interest in conventional financial savings devices, authorities bonds present a steady and predictable return on funding.
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