DMO: Nigerian govt opens 2026 savings bond subscription, announces interest rate

Nigeria’s Federal Government, done the Debt Management Office, DMO, has opened subscription for its October 2026 Federal Government of Nigeria Savings Bonds.

In a connection connected its X account, the DMO said the offer, which opened connected Monday, October 5, 2026, comprises two-year and three-year savings bonds with involvement rates of 13.071 percent and 14.071 percent per annum, respectively.

According to the DMO, the two-year FGN Savings Bond volition mature connected October 14, 2028, portion the three-year enslaved volition mature connected October 14, 2029.

The subscription model volition adjacent connected Friday, October 9, 2026, with colony scheduled for October 14, 2026.

The DMO said the bonds are being offered connected behalf of the Federal Government of Nigeria pursuant to the Debt Management Office (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP L17, LFN 2004.

The bonds are priced astatine N1,000 per unit, with a minimum subscription of N5,000 and consequent investments successful multiples of N1,000.

The maximum subscription allowed is N50 million.

Interest connected the bonds volition beryllium paid quarterly, portion investors volition person slug repayment of their main upon maturity.

The DMO said the securities suffice arsenic investments successful which trustees tin put un...