FG Opens August Savings Bond Offer with Up to 15.4% Returns

The Debt Management Office (DMO) has announced the commencement of subscriptions for the August 2025 tranche of the Federal Government of Nigeria (FGN) Savings Bonds, featuring attractive yields for retail investors.

The offer includes a two-year bond maturing August 13, 2027, with a 14.401% annual interest rate, and a three-year option maturing August 13, 2028, yielding 15.401%. The subscription window is open from August 4 to August 8, 2025.

Each bond unit is priced at N1,000, with a minimum subscription of N5,000 and additional purchases in multiples of N1,000, allowing investors to stake up to N50 million.

Despite being competitive, August’s rates reflect a slight dip from July’s offering, where the two-year bond yielded 16.762%. The decrease aligns with the Central Bank of Nigeria’s continued retention of its benchmark interest rate at 27.5%, a move aimed at managing inflation and stabilizing the naira.

The bonds are structured to pay interest quarterly—on February 13, May 13, August 13, and November 13—providing consistent returns for investors.

In July, the DMO recorded N4.27 billion in total subscriptions, with strong demand particularly for the three-year bond, which attracted over N3.4 billion across 1,591 successful bids. The two-year option saw 1,078 subscriptions totaling N853.8 million.

These savings bonds offer retail investors a stable, government-backed investment option while contributing to national financial development.