The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has announced the April 2026 issuance of Federal Government Savings Bonds with interest rates of up to 14.082% per annum. The circular, released on Tuesday, outlines the terms and subscription process for retail investors seeking secure and competitive returns.
The savings bonds offer two tenors:
Two-year bond due April 15, 2028, with an interest rate of 13.082% per annum.
Three-year bond due April 15, 2029, with an interest rate of 14.082% per annum.
The subscription window opened on April 7, 2026, and will close on April 10, 2026, with settlement scheduled for April 15, 2026. Interest payments will be made quarterly on July 15, October 15, January 15, and April 15.
Designed to be accessible to retail investors, the bonds are priced at N1,000 per unit, with a minimum subscription of N5,000. Additional investments can be made in multiples of N1,000, up to a maximum of N50 million.
The bonds are fully backed by the faith and credit of the Federal Government, ensuring high security. They are also listed on the Nigerian Exchange Limited, enhancing liquidity and enabling secondary market trading.
The DMO highlighted that the FGN Savings Bonds provide retail investors with competitive returns, regulatory and tax advantages, and flexible investment options in Nigeria’s evolving interest rate environment.
This initiative reflects the government’s commitment to mobilising domestic resources while offering investors a safe and attractive financial instrument amid changing market conditions.
