Abuja, April 8, 2026 – The Debt Management Office (DMO) has opened public subscription for the Federal Government of Nigeria (FGN) savings bonds for April 2026.
The DMO announced the offer in a circular on Tuesday, April 7, 2026.
The offer is in two tenors of two years and three years and will open on Wednesday to close on Friday, April 10, 2026.
The 2-year FGN savings bond due April 15, 2028, has a coupon rate of 13.082 per cent per annum, while the 3-year FGN savings bond due April 15, 2029, has is be a coupon rate of 14.082 per cent per annum.
The interests are to be paid every quarter, and the bullet repayment to subscribers on the maturity date.
The bonds are being offered at N1,000 per unit, subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter, subject to a maximum subscription of N50 million.
Interested are required to reach out to the stockbroking firms appointed as distribution agents by the DMO via the agency’s website.
An FGN savings bond qualifies as securities in which trustees can invest under the Trustee Investment Act.
It also qualifies as government securities within the meaning of the Company Income Tax Act (CITA) and the Personal Income Tax Act (PITA) for tax exemption for pension funds, amongst other investors, meaning it is tax-free.
