Earn Up to 16.762% DMO Opens July 2025 FGN Savings Bonds for Subscription

Quick Summary:

• 💸 DMO opens July 2025 savings bond subscriptions with interest rates up to 16.762%.

• 📅 Subscription runs from July 7 to July 11, with quarterly interest payments.

• 📉 Interest rates slightly reduced from June due to stable CBN policy rates.

• 📊 June bond issuance raised ₦4.01 billion, reflecting strong investor demand.

The Debt Management Office (DMO) has announced the opening of subscriptions for the July 2025 Federal Government of Nigeria (FGN) savings bonds. Investors can now lock in competitive interest rates of up to 16.762% per annum.

Subscription Period and Options Available

The subscription window runs from Monday, July 7, 2025, to Friday, July 11, 2025. This month’s offering includes:

• 2-Year Bond maturing on July 16, 2027, with a 15.762% interest rate.
• 3-Year Bond maturing on July 16, 2028, with a 16.762% interest rate.

Investment Terms

Each bond unit is priced at ₦1,000, with a minimum investment of ₦5,000. Additional subscriptions must be made in multiples of ₦1,000, up to a maximum of ₦50 million per investor.

Interest will be paid quarterly, with settlement dates set for January 16, April 16, July 16, and October 16 each year.

Interest Rates Slightly Lower Than June

While still attractive, July’s bond rates represent a slight decrease from June’s offering. In June:

• The 3-year bond yielded 17.121%
• The 2-year bond offered 16.121%

The dip in rates is likely influenced by the Central Bank of Nigeria (CBN)’s monetary policy stance, which has kept benchmark rates steady at 27.5% in a bid to tackle inflation and stabilize the exchange rate.

June 2025 Performance: Strong Investor Interest

In June 2025, the DMO raised ₦4.01 billion through its savings bond issuance. Here’s the breakdown:

• 2-Year Bond: ₦2.01 billion across 1,202 subscribers
• 3-Year Bond: ₦1.995 billion from 1,321 subscribers

While slightly lower than the ₦4.28 billion raised in May, the figures reflect strong retail demand for safe, high-yield investment vehicles.

Why These Bonds Matter

The FGN Savings Bond scheme, launched in 2017, aims to:

• Deepen Nigeria’s domestic bond market
• Foster financial inclusion
• Provide low-risk, government-backed investments for retail investors

Tax and Liquidity Benefits

FGN Savings Bonds offer several incentives:

• Classified as approved investments under the Trustee Investment Act
• Recognized under CITA and PITA, enabling tax exemption for pension funds and institutional investors
• Listed on the Nigerian Exchange (NGX) for secondary market trading
• Counted as liquid assets for calculating banks’ liquidity ratios

A Growing Safe Haven for Investors

Over time, the bonds have become a preferred option for Nigerians seeking predictable, inflation-resistant returns amid economic uncertainty and fluctuating interest rates in traditional savings accounts.

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