Abuja, Aug. 22, 2025 – The Debt Management Office (DMO) is offering two FGN bonds valued at N200 billion for public subscription at N1,000 per unit.
The DMO announced this in a statement on Friday.
It said the offers would be auctioned on Aug. 25, 2025, while the settlement date is Aug. 27, 2025.
DMO said the bonds would be offered in two tranches. The first offer will be the N100 billion bond of five-year tenor due to mature in August 2030.
The second tranche is the N100 billion offer for a seven-year (re-opening) to mature in June 2032, at an interest rate of 17.95 percent payable semi-annually.
DMO said transactions would be at N1,000 per unit, subject to a minimum subscription of N50,001,000 and in multiples of N1,000 thereafter.
DMO also said the interest payment is payable semi-annually, with the redemption in a bullet payment on the maturity date and that the savings bonds qualify as securities, which trustees can invest under the Trustee Investment Act.
It said the bonds qualify as Government securities within the meaning of Company Income Tax Act (“CITA”) and Personal Income Tax Act (“PITA”) for Tax Exemption for Pension Funds amongst other investors.
“Listed on the Nigerian Exchange Limited and FMDQ OTC Securities Exchange.
“All FGN Bonds qualify as liquid assets for liquidity ratio calculation for banks.
“FGN Bonds are backed by the full faith and credit of the Federal Government of Nigeria and are charged upon the general assets of Nigeria,” DMO said.
