The Debt Management Office (DMO) has announced the issuance of the Federal Government of Nigeria (FGN) Savings Bonds for September 2025, providing retail investors with an opportunity to benefit from some of the most attractive yields this year, this month’s offerings include a 2-year savings bond with an annual interest rate of 15.541%, maturing on September 10, 2027, and a 3-year savings bond with a higher rate of 16.541%, maturing on September 10, 2028. Both bonds represent the most competitive returns available in 2025.
Key Details:
- Subscription Window: September 1-5, 2025
- Settlement Date: September 10, 2025
- Coupon Payments: Quarterly on March 10, June 10, September 10, and December 10
Rising Rates Advantage:
The interest rates for these bonds have increased compared to August 2025, when the 2-year bond offered an interest rate of 14.401% and the 3-year bond was at 15.401%. This revision follows the Central Bank of Nigeria’s (CBN) decision to maintain policy rates at 27.5% to combat inflation and foreign exchange instability, making Nigerian bonds more appealing to both local and foreign investors.
Investor Highlights:
- Minimum Subscription: ₦5,000
- Maximum Subscription: ₦50 million
- Price per Unit: ₦1,000
- Listed on NGX: Tradable on the secondary market
- Tax Benefits: Approved under the Trustee Investment Act; tax-exempt for pension funds and other qualified investors
- Liquidity: Recognized as liquid assets for banks’ liquidity ratio calculations
With interest rates on the rise, the September FGN Savings Bonds offer a prime opportunity for retail investors to secure safe, high-yield returns while contributing to Nigeria’s financial stability and development goals.
