The Debt Management Office (DMO) has opened the May 2026 FGN Savings Bond subscription with returns of up to 14.525% per annum.
The Office announced the offer of the FGN Savings Bond for subscription by investorson Monday on behalf of the Federal Government of Nigeria under existing debt instrument regulations and laws.
According to the DMO, the subscription window will be opened from May 4 to May 8, 2026, with settlement scheduled for May 13, thus giving retail investors access to low-risk, government-backed securities.
It stated that the bond issuance was part of government’s efforts to provide secure investment options while promoting financial inclusion and savings among Nigerians.
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The May 2026 offer includes two bond instruments with flexible entry requirements and structured returns.
Specifically, the DMO listed the two debt instruments as including a two-year FGN Savings Bond due May 13, 2028, offers 13.525 percent annual interest; and a three-year bond due May 13, 2029, which offers a higher return of 14.525 percent annually
The Bonds are priced at N1,000 per unit, with a minimum subscription of N5,000 and a maximum of N50 million; and interest payments on both are to be made quarterly to subscribers, while the principal is repaid in full at maturity
The FGN Savings bonds qualify investors for tax exemptions under relevant provisions of the Company Income Tax Act and Personal Income Tax Act and the pension fund operators and institutional investors can invest due to regulatory recognition
Investment experts believe that with the May FGN bonds yields above 13 percent and 14 percent per annum, the offer will attract retail investors, cooperatives, and high-net-worth individuals seeking stable and secure returns on their investments.
