Bonds
DMO Allocates ₦4.28 Billion in May 2025 FGN Savings Bonds Amid Strong Investor Demand
The Debt Management Office (DMO) has successfully allocated a whopping ₦4.28 billion in Federal Government Savings Bonds for May 2025, fueling investor excitement in Nigeria’s debt market.
The bonds, offered in two attractive tenors—a 2-year at 16.173% and a 3-year at 17.173% interest—saw robust demand with thousands of investors snapping up units ahead of the May 14 settlement date.
With nearly ₦840 million allotted to the 2-year bonds and a massive ₦3.45 billion to the 3-year series, this latest sale confirms growing confidence in government securities as a secure and tax-exempt investment option. The bonds, priced at ₦1,000 each and accessible with a low minimum subscription, remain a go-to for pension funds and retail investors alike looking for steady returns in a fluctuating market.
This strong showing in May follows an already impressive April, signaling sustained appetite for FGN Savings Bonds and solidifying their place as a cornerstone of Nigeria’s capital market landscape.