The Debt Management Office has launched its December 2025 subscription for the FGN Savings Bond, offering 2-year and 3-year tenors.

The 2-year bond, maturing on December 10, 2027, comes with an annual interest rate of 12.838 per cent, while the 3-year bond, due December 10, 2028, offers 13.838 per cent per annum.

This is contained in DMO’s circular issued on Monday.

The subscription window for the December 2025 FGN Savings Bond opened on December 1 and will close on December 5. Settlement is set for December 10, with interest payments made quarterly on March 10, June 10, September 10, and December 10 each year until maturity.

This marks a slight decrease from the November issuance, where the 2-year bond offered 13.565 per cent per annum, and the 3-year bond maturing on November 12, 2028, yielded 14.565 per cent per annum.

At its 303rd Monetary Policy Committee meeting in November, the Central Bank of Nigeria opted to maintain all key policy rates, underscoring its commitment to price stability and sustaining recent gains in the foreign exchange market.

The Monetary Policy Rate was held at 27 per cent

The FGN Savings Bond is primarily aimed at retail investors, with a minimum subscription of N5,000 and units sold in multiples of N1,000.

The maximum subscription per investor is N50,000,000.