FGN Introduces April 2026 Savings Bonds Offering Yields Up to 14.08%

The Debt Management Office (DMO), acting for the Federal Government of Nigeria, has announced the April 2026 issuance of Federal Government Savings Bonds, offering interest rates of up to 14.082% per annum.

The announcement was made in an official circular released on Tuesday, highlighting the bonds as a secure and accessible investment for retail investors amid Nigeria’s evolving interest rate environment.

The bond offer includes two tenors designed to attract a wide range of investors seeking stable returns. The two-year bond, maturing on April 15, 2028, carries an interest rate of 13.082% per annum, while the three-year bond, due April 15, 2029, offers a higher yield of 14.082% per annum.

The subscription window for the bonds opened on April 7, 2026, and will close on April 10, 2026, with settlement scheduled for April 15, 2026. Interest payments are set to be made quarterly on July 15, October 15, January 15, and April 15.

According to the DMO, the April 2026 savings bonds are structured to be accessible to retail investors, with units priced at N1,000 and a minimum subscription of N5,000. Additional subscriptions can be made in multiples of N1,000, up to a maximum of N50 million. The bonds are backed by the full faith and credit of the Federal Government, ensuring a high level of security.

The savings bonds are listed on the Nigerian Exchange Limited, allowing for secondary market trading and enhancing liquidity. In addition, they offer regulatory and tax advantages, making them an attractive option for investors seeking both safety and competitive returns.

The DMO said the initiative is part of the government’s continued effort to raise domestic funds while providing investors with competitive yields, reinforcing confidence in Nigeria’s fixed income market.