The Debt Management Office (DMO) has announced the opening of its December 2025 subscription offer for two Federal Government of Nigeria (FGN) Savings Bonds, giving retail investors another opportunity to participate in government-backed securities at accessible entry points.
According to the offer circular, the bonds are priced at ₦1,000 per unit, with a minimum subscription of ₦5,000 and subsequent purchases in multiples of ₦1,000. Investors may subscribe up to a maximum of ₦50 million.
The December issuance features two tenors:
A 2-year FGN Savings Bond, maturing on December 10, 2027, carrying an annual interest rate of 13.538%.
A 3-year FGN Savings Bond, maturing on December 10, 2028, offered at an annual interest rate of 14.538%.
The subscription window opens on December 1, 2025 and closes on December 5, 2025, with settlement scheduled for December 10, 2025. Interest payments will be made quarterly, while principal will be repaid in full upon maturity.
The FGN Savings Bond programme is designed to deepen Nigeria’s domestic debt market and promote financial inclusion by offering secure investment options to ordinary citizens. With competitive interest rates and federal government backing, the bonds continue to appeal to savers seeking stable, low-risk returns. Visit www.jocomms.com for more news.
