BusinessTop Story

DMO Unveils September 2025 FGN Savings Bonds

...attractive interest rates of 16.5% on offer

3.3k
Advertisement




“The subscription window for the bonds opened on September 1, 2025, and will close on September 5, 2025”

The Debt Management Office (DMO) on Monday announced the launch of the September 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 16.541% per annum.

The subscription window for the bonds opened on September 1, 2025, and will close on September 5, 2025.

“Investors can purchase the bonds at N1,000 per unit, with a minimum subscription of N5,000 and additional investments in multiples of N1,000, up to a maximum of N50 million,” DMO announced.

Persecondnews reports that DMO introduced two subscription categories for the FGN Savings Bond.

The two-year bond, which will mature on September 10, 2027, carries an annual interest rate of 15.541%, up from 14.401% in August.

The three-year bond, set to mature on September 10, 2028, offers a higher annual interest rate of 16.541%, compared to 15.401% in the previous month.

Interest payments will be made quarterly on March 10, June 10, September 10, and December 10.

The FGN Savings Bond qualifies as an approved investment under the Trustee Investment Act and is recognized as a government security under both the Company Income Tax Act (CITA) and the Personal Income Tax Act (PITA).

This makes it eligible for tax exemption by pension funds and other qualified institutional investors.

The bonds are listed on the Nigerian Exchange Limited (NGX), providing investors with the option to trade them on the secondary market and enhancing overall liquidity.

The Central Bank of Nigeria’s (CBN) strategy to address inflation and stabilize the foreign exchange market has made Nigerian bonds more attractive, particularly to foreign portfolio investors (FPIs) looking for higher yields.

See also  Nigeria Raises N1.09trn from Sovereign Sukuk for Infrastructure Development

The FGN Savings Bond programme, introduced in 2017, aims to deepen the domestic bond market, promote financial inclusion, and offer retail investors access to secure and low-risk government securities.

The bonds qualify as liquid assets for the purpose of computing banks’ liquidity ratios, making them an attractive investment option for banks and other financial institutions.

With the settlement scheduled for September 10, 2025, investors can look forward to earning returns on their investments in the form of quarterly interest payments.

Author

Leave a comment

Related Articles

Three Days After Osun Poll, APC’s Oyebamiji Concedes to Gov. Adeleke

Three days after losing the August 15 Osun governorship election, Mr. Bola...

My father is battling stage four cancer, Kira, Ogogo’s daughter cries out

By Segun Adebayo Kira Taiwo, daughter of veteran Nollywood actor Taiwo Hassan,...

Breaking: Disastrous WAFCON/World Cup Runs:NFF Fires Super Falcons Coaching Crew

Following an unprecedented dismal performance in the just-concluded WAFCON in Morroco, the...

Wunti’s Expertise Positions Nigeria to Maximise Return to World Energy Council — Former OPEC Chief, Aduda

Nigeria’s return to the World Energy Council (WEC), backed by the appointment...