DMO Offer For Subscription: FG Savings Bond For June 2026

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DMO Offer For Subscription: FG Savings Bond For June 2026

Pursuant to the Debt Management Office (Establishment) Act 2003 and the Local Loans (Registered Stock and Securities) Act, CAP. L17, LFN 2004. The DEBT MANAGEMENT OFFICE on behalf of the FEDERAL GOVERNMENT OF NIGERIA Offers for Subscription and is authorized to receive applications for the Federal Government of Nigeria Savings Bond at the following interest rates:

  • 2-Year FGN Savings Bond due June 10, 2028: 13.777% per annum
  • 3-Year FGN Savings Bond due June 10, 2029: 14.777% per annum

You may want to also read Geep Farmermoni Loan Update For June 2026

  • Opening Date: June 1, 2026
  • Closing Date: June 5, 2026
  • Settlement Date: June 10, 2026
  • Coupon Payment Dates: September 10, December 10, March 10, June 10

SUMMARY OF THE OFFER

ISSUER: Federal Government of Nigeria (“FGN”)

UNITS OF SALE:: ₦1,000 per unit subject to a minimum Subscription of ₦5,000 and in multiples of ₦1,000 thereafter, subject to a maximum subscription of ₦50,000,000.

INTEREST PAYMENT: Payable Quarterly

REDEMPTION: Bullet repayment on the maturity date

<3>STATUS:
  1. Qualifies as securities in which trustees can invest under the Trustee Investment Act.
  2. Qualifies 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.
  3. Listed on the Nigerian Exchange Limited.
  4. Qualifies as a liquid asset for liquidity ratio calculation for banks.

SECURITY: Backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of Nigeria.

INTERESTED INVESTORS SHOULD CONTACT THE STOCKBROKING FIRMS APPOINTED AS DISTRIBUTION AGENTS BY THE DEBT MANAGEMENT OFFICE. PLEASE VISIT www.dmo.gov.ng FOR THE LIST OF DISTRIBUTION AGENTS.

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