The Debt Management Office has announced the allotment results for its November 2025 Savings Bond offer, highlighting strong investor demand for both the 2-year and 3-year bonds.

According to a circular published on the DMO website on Wednesday, the 13.565 per cent Federal Government Savings Bond maturing in November 2027 and the 14.565 per cent FGNSB maturing in November 2028 were offered to investors from November 3 to 7, 2025, with settlement scheduled for November 12, 2025.

The 13.565 per cent Federal Government Savings Bond maturing in November 2027, with a two-year tenor, recorded a total allotment of N958.416 million across 1,866 successful subscriptions.

The 14.565 per cent Savings Bond due in November 2028, with a three-year tenor, saw an allotment of N2.874 billion distributed among 2,003 successful subscriptions.

Together, the two bonds accounted for a total allotment of approximately N3.83 billion, underscoring robust investor demand for government securities amid the current economic climate.

Both bonds will pay quarterly coupons on February 12, May 12, August 12, and November 12, providing investors with consistent income. The 2-year bond matures on November 12, 2027, while the 3-year bond matures on November 12, 2028.

The November allotment of approximately N3.83 billion is slightly lower than the N3.96 billion recorded in the October 2025 FGNSB issuance.

In the October offering, the two-year bond carried an interest rate of 14.062 per cent per annum, with a total subscription of N779.047 million from 1,052 successful investors, the DMO noted.

The three-year bond saw heightened investor interest, generating N3,185.695 million from 1,435 successful subscriptions at an annual coupon rate of 15.062 per cent.

Designed for Nigerian retail investors, Savings Bonds offer a secure and accessible avenue to invest in government debt while earning attractive fixed returns.