The Debt Management Office has opened subscriptions for the November 2025 issuance of the Federal Government of Nigeria Savings Bond.

The bond offers investors competitive interest rates and a secure platform to support national economic growth.

According to details published on the DMO’s website on Monday, the offer includes a 2-Year FGN Savings Bond due November 12, 2027, at an annual interest rate of 13.565%, and a 3-Year FGN Savings Bond due November 12, 2028, with an annual rate of 14.56 per cent.

The subscription window for the November 2025 FGN Savings Bond opens on Monday, November 3, 2025, and closes on Friday, November 7, 2025, with settlement scheduled for November 12, 2025.

Interest payments will be made quarterly, on February 12, May 12, August 12, and November 12, until maturity.

Designed to promote a savings culture among Nigerians, the FGN Savings Bond offers a secure investment option with guaranteed returns. It is issued in units of ₦1,000 each, with a minimum subscription of ₦5,000 and additional subscriptions in multiples of ₦1,000, up to a maximum of ₦50 million per investor.

In line with its features, the FGN Savings Bond provides several key benefits, including:

Qualification as trustee securities under the Trustee Investment Act.

Tax exemptions for Pension Funds and other eligible investors under the Company Income Tax Act and the Personal Income Tax Act.

Listing on the Nigerian Exchange Limited, enabling investors to trade the bonds and ensuring liquidity.

Recognition as liquid assets for the computation of banks’ liquidity ratios.

The bond is fully backed by the full faith and credit of the Federal Government of Nigeria and secured by the nation’s general assets, making it one of the safest investment options in the domestic capital market.

Launched in 2017, the FGN Savings Bond programme forms part of the Federal Government’s strategy to deepen the domestic debt market, promote financial inclusion, and give small retail investors access to government securities. By offering interest rates higher than most conventional savings accounts, the initiative helps safeguard savings against inflation while broadening the government’s funding base.

The attractive coupon rates reflect current inflationary pressures and are intended to encourage greater retail investor participation.