DMO opens 17% rates FGN savings bonds subscription for June
The Debt Management Office (DMO) has launched the June 2025 Federal Government of Nigeria (FGN) savings bonds, with interest rates of about 17.121 per cent per annum. The DMO made the announcement in an offer letter on Monday.
The offering includes a two-year savings bond maturing on June 11, 2027, with an interest rate of 16.121 per cent, and a three-year bond maturing on June 11, 2028, offering 17.121 per cent.
The 17.121 per cent interest rate represents a slight decrease from May, which was set at 17.173 per cent for the three-year bond, and the 16.121 per cent represents a slight decrease from the 16.173 per cent offered in May. The settlement date for successful subscriptions is set for September 11, December 11, March 11, and June 11 each year.
Each bond unit is priced at ₦1,000, with a minimum subscription of N5,000 and additional investments in multiples of ₦1,000, allowing investors to subscribe for up to ₦50 million. The subscription window opened on Monday, June 2, 2025, and will close on Friday, June 6, 2025.
“We welcome you to this month of June with the two-Year FGN Savings Bond due June 11, 2027, at 16.121 per cent p.a., and three-year FGN Savings Bond due June 11, 2028, at 17.121 per cent p.a. Offer opens tomorrow and closes June 6, 2025,” the DMO said in an additional note on its X account.
