The Debt Management Office has opened subscriptions for the June 2025 Federal Government of Nigeria Savings Bonds, offering interest rates of up to 17.121% per annum

The subscription window opened on Monday, June 2, 2025, and will close on Friday, June 6, 2025.

This was disclosed by DMO via X (formerly Twitter) on Monday stating, “We welcome you to this month of June with the: 2-Year FGN Savings Bond due June 11, 2027 at 16.121% p.a. and; 3-Year FGN Savings Bond due June 11, 2028 at 17.121% p.a. Offer opens tomorrow and closes June 6, 2025 Kindly contact your stockbroker to invest.”

This month’s bond offering includes two options: a two-year savings bond maturing on June 11, 2027, with an interest rate of 16.121%, and a three-year bond maturing on June 11, 2028, offering 17.121%.

The settlement date for successful subscriptions is set for September 11, December 11, March 11, and June 11 each year.

Each bond unit is priced at ₦1,000, with a minimum subscription of ₦5,000. Additional investments must be in multiples of ₦1,000, and investors can subscribe for up to ₦50 million.

This offering provides Nigerians with an opportunity to invest in government-backed bonds, promoting both personal and national financial stability.

The interest rate of 17.121% for the 3-year bond marks a slight decrease from the 17.173% offered in May. Similarly, the 16.121% rate for the 2-year bond is down from 16.173% last month.

The Central Bank of Nigeria’s strategy to curb inflation and stabilize the foreign exchange market has enhanced the appeal of Nigerian bonds, especially among foreign portfolio investors seeking higher yields.

In May, the Federal Government raised ₦4.28 billion through its FGN Savings Bond auction, reflecting sustained investor appetite for long-term securities. This figure is slightly lower than the ₦4.34 billion recorded in April 2025.

According to DMO, the 2-year FGN Savings Bond was offered at an interest rate of 16.173% and recorded a total allotment of ₦840.43 million across 994 successful subscriptions.

Meanwhile, the 3-year bond, offered at 17.173%, attracted ₦3.45 billion in total allotments from 1,537 successful subscriptions.