FGN savings bond opens May issuance window with up to 14.525% return

Business

LAGOS, Nigeria (NPA) — The Nigerian Exchange Group (NGX Group), a leading financial market infrastructure provider in Africa, has announced the opening of the May issuance of the Federal Government of Nigeria (FGN) Savings Bond, offering investors a secure, low-risk investment opportunity backed by the Federal Government.

The offer, conducted in collaboration with the Debt Management Office Nigeria (DMO), provides retail investors access to sovereign debt instruments with competitive yields and flexible entry requirements.

According to the announcement, the bond issuance includes two tranches:

• 2-Year FGN Savings Bond: 13.525% per annum, maturing on March 13, 2028
• 3-Year FGN Savings Bond: 14.525% per annum, maturing on May 13, 2029

The DMO stated that the issuance opened on Monday, May 4, 2026, and is scheduled to close on Friday, March 8, 2026. The unit price is set at ₦1,000 per unit, with a minimum subscription of ₦5,000 and a maximum subscription limit of ₦50,000,000.

Market operators say the FGN Savings Bond continues to serve as a key instrument for encouraging retail participation in government securities, while also supporting domestic savings and financial inclusion.

The NGX Group described the offering as a “simple, safe, and rewarding” investment channel for Nigerians seeking stable returns in a regulated environment.

Investors have been advised to obtain further information and subscription details through the official NGX platform at ngxgroup.com.