The Federal Government, through the Debt Management Office (DMO), is offering ₦200 billion in bonds for subscription on Monday, 29 September 2025, with settlement expected on 2 October 2025.
The issuance includes:
- ₦100 billion of FGN August 2030 (5-year tenor)
- ₦100 billion of FGN June 2032 (7-year tenor)
Each bond is priced at ₦1,000 per unit, with a minimum subscription of ₦5,000 and a maximum of ₦50 million. These bonds are risk-free, backed by the Federal Government, with semi-annual interest payments and full principal repayment at maturity.
Subscriptions can be made through Primary Dealer Market Makers (PDMMs), such as licensed banks and stockbroking firms. This issuance offers an opportunity for stable returns and tax benefits, although investors should consider market risks like inflation and interest rate fluctuations. Analysts expect strong interest in this offering due to attractive yields.
