The Debt Administration Workplace (DMO) has opened subscriptions for Federal Authorities of Nigeria (FGN) Financial savings Bonds, providing rates of interest of as much as 15.396% every year, offering traders with one other government-backed funding choice.
That is in line with particulars launched by the DMO as a part of its January 2026 FGN Financial savings Bond issuance on Monday.
The supply is consistent with the Federal Authorities’s technique to deepen the home debt market whereas encouraging financial savings by way of safe, long-term devices.
The present issuance incorporates a 2-year bond maturing in January 2028 and a 3-year bond maturing in January 2029, each designed to attraction primarily to retail traders whereas remaining accessible to establishments.
Beneath the January 2026 supply, traders can subscribe to the next devices:
The subscription window opened on January 12, 2026, and can shut on January 16, 2026, with settlement scheduled for January 21, 2026.
Coupon funds will probably be made quarterly on April 21, July 21, October 21, and January 21 of every year till maturity.
FGN Financial savings Bonds are backed by the total religion and credit score of the Federal Authorities of Nigeria, making them one of many most secure fixed-income devices out there within the home market.
The bonds are supplied at N1,000 per unit, with a minimal subscription of N5,000 and extra investments in multiples of N1,000, topic to a most of N50 million per investor.
The bonds are listed on the Nigerian Change Restricted (NGX), permitting traders to promote them within the secondary market earlier than maturity if liquidity is required.
Curiosity earned on the bonds can also be tax-exempt for eligible traders, together with pension funds and trustees below the Trustee Funding Act.
Latest FGN Financial savings Bond issuances replicate the persistently excessive rate of interest atmosphere in Nigeria’s fixed-income market.
For Nigerian traders looking for predictable revenue and capital preservation, FGN Financial savings Bonds present a robust different to conventional financial savings merchandise that always ship adverse actual returns.
The mixture of presidency backing, quarterly revenue, secondary market liquidity, and double-digit yields makes the January 2026 supply notably engaging within the present macroeconomic local weather.
FGN Financial savings Bonds had been launched to advertise a financial savings tradition amongst Nigerians and increase retail participation within the bond market.
The devices are particularly structured to be reasonably priced for people whereas nonetheless assembly institutional funding requirements.
Nairametrics has beforehand reported that elevated yields on authorities securities have pushed elevated participation from retail traders looking for safer funding choices amid inflationary pressures.
