The Debt Administration Workplace (DMO) has disclosed the outcomes of the Federal Authorities of Nigeria (FGN) Financial savings Bonds public sale for Might 2025, with a complete allotment of N4.28 billion.
In response to knowledge printed on the DMO’s official web site on Friday, the bonds had been provided between Might 5 and 9, 2025.
Buyers subscribed to 2 tenors: a 2-year bond maturing on Might 14, 2027, and a 3-year bond maturing on Might 14, 2028.
Each sequence are scheduled to decide on Might 14, 2025, with curiosity funds to be made quarterly on August 14, November 14, February 14, and Might 14 all through the length of the bonds.
The Might 2025 allotment is barely decrease than the N4.34 billion recorded in April 2025.
The DMO revealed that the 2-year FGN Financial savings Bond was provided at an rate of interest of 16.173% and recorded a complete allotment of N840.43 million throughout 994 profitable subscriptions.
In the meantime, the 3-year FGN Financial savings Bond, provided at 17.173%, attracted a complete allotment of N3.45 billion from 1,537 profitable subscriptions.
The bonds had been issued at N1,000 per unit, with a minimal subscription requirement of N5,000 and in multiples of N1,000 thereafter, as much as a most subscription of N50 million.
The Federal Authorities of Nigeria (FGN) Financial savings Bond programme, launched in 2017, was designed to deepen the home bond market, promote {financial} inclusion, and supply retail traders entry to safe and low-risk authorities securities.
In April 2025, DMO allotted a complete of N397.898 billion throughout two re-opening points—the 19.30% FGN APR 2029 (5-Yr Bond) and the 19.89% FGN MAY 2033 (9-Yr Bond).
