The Debt Management Office (DMO) has announced an offering of ₦200 billion in Federal Government savings bonds, according to a notice published on its website on Thursday.
The offer comprises two instruments:
- A reopening of the June 2032 bond, which carries a coupon rate of 17.95%, and
- A new five-year FGN AUG 2030 bond worth ₦100 billion, with its coupon rate yet to be determined.
The auction date is set for Monday, while settlement will take place on Wednesday. Minimum subscription is ₦5,000, with additional multiples of ₦1,000, subject to a maximum limit of ₦50 million. Interest payments will be made semi-annually.
Earlier this month, the DMO launched the August 2025 savings bonds, offering competitive interest rates of up to 15.401% per annum. This included a two-year bond maturing on August 13, 2027, at 14.401%, and a three-year bond maturing on August 13, 2028, at 15.401%.
The latest bond issuance reflects the government’s continued strategy to deepen the domestic debt market and provide safe investment options for Nigerians.
