The Debt Management Office (DMO) has opened subscriptions for the November 2025 edition of the Federal Government of Nigeria (FGN) Savings Bond, offering yields as high as 14.565% per annum. The issuance gives Nigerians a chance to invest securely while supporting national development projects.
According to details on the DMO’s website, the two available instruments are the 2-Year FGN Savings Bond due November 12, 2027, with an annual interest rate of 13.565%, and the 3-Year FGN Savings Bond due November 12, 2028, yielding 14.565%. The offer period runs from November 3 to November 7, 2025, with settlement on November 12.
Interest payments on the bonds will be made quarterly, on February 12, May 12, August 12, and November 12, until maturity. These fixed-income securities are designed to encourage savings among Nigerians and provide investors with predictable income in a volatile economy.
The FGN Savings Bond is sold in units of ₦1,000, with a minimum subscription of ₦5,000 and increments of ₦1,000 thereafter, capped at ₦50 million per investor. The bonds are listed on the Nigerian Exchange Limited (NGX), offering liquidity to investors who wish to trade before maturity.
Fully backed by the Federal Government of Nigeria and secured against the nation’s general assets, the bonds are classified as one of the safest domestic investment options. They qualify as trustee securities under the Trustee Investment Act and as liquid assets for banks’ liquidity ratios. Pension funds and other eligible investors also enjoy tax exemptions under the Company Income Tax Act (CITA) and Personal Income Tax Act (PITA).
Beyond personal returns, the DMO highlighted that funds raised through the bond help finance critical infrastructure and government programs.
Retail investors are encouraged to participate through authorized stockbroking firms acting as distribution agents.
By combining attractive yields, quarterly payments, and government backing, the November 2025 FGN Savings Bond remains a compelling choice for investors seeking both security and impact.
