The Debt Administration Workplace (DMO), on behalf of the Federal Authorities of Nigeria, has introduced the supply for subscription of the Might 2025 issuance of the FGN Financial savings Bond.
The supply opened on Monday, Might 5, 2025, and can shut on Friday, Might 9, 2025.
In a public disclosure on its official web site, the DMO revealed that the rates of interest for this month’s financial savings bond sequence are 16.173% each year for the 2-12 months bond due Might 14, 2027, and 17.173% each year for the 3-12 months bond due Might 14, 2028.
The DMO states that the FGN Financial savings Bond is designed to encourage a tradition of financial savings amongst Nigerians whereas providing retail traders entry to safe funding devices totally backed by the complete religion and credit score of the Federal Authorities of Nigeria.
Based on the Debt Administration Workplace (DMO), the bond is a fixed-income product with curiosity paid quarterly, making it engaging for traders in search of regular and dependable money move.
The bond qualifies as a safety wherein trustees can make investments, below the Trustee Funding Act, and can also be acknowledged as a authorities safety below each the Firm Revenue Tax Act (CITA) and Private Revenue Tax Act (PITA), the DMO famous.
This standing permits tax exemption advantages for pension funds and different eligible institutional traders.
When it comes to market accessibility and liquidity, the FGN Financial savings Bond is listed on the Nigerian Trade Restricted (NGX), permitting traders to commerce on the secondary market. Moreover, it qualifies as a liquid asset for the aim of computing liquidity ratios for banks, enhancing its attractiveness to {financial} establishments.
The DMO reaffirmed that the bond will not be solely a low-risk funding possibility however can also be charged upon the overall property of the nation, making it probably the most safe funding autos out there available in the market.
traders are suggested to contact stockbroking corporations accredited by the Nigerian Trade or go to the DMO web site for additional particulars on how one can subscribe.
Over time, FGN financial savings bonds have gained recognition amongst Nigerians in search of risk-free funding choices.
With inflation considerations and fluctuating rates of interest in conventional financial savings devices, authorities bonds present a steady and predictable return on funding.
