Investment Opportunity: FG Rolls Out December Savings Bonds for Retail Investors
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the commencement of the subscription for its December 2025 savings bonds.
According to a statement released by the DMO, the subscription offer opens on Monday, December 1, and will close on Friday, December 5, 2025.
The bonds are being offered at a unit price of ₦1,000, with a minimum subscription of ₦5,000 and in multiples of ₦1,000 thereafter, subject to a maximum subscription of ₦50 million.
The DMO disclosed the interest rates for the December offer as follows: 2-Year FGN Savings Bond: Due on December 10, 2027, with an interest rate of 12.838% per annum, 3-Year FGN Savings Bond: Due on December 10, 2028, with an interest rate of 13.838% per annum.
The settlement date for the bonds is slated for December 10, 2025, while coupon payments will be made quarterly on March 10, June 10, September 10, and December 10.
The DMO assured investors that the bonds are “backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of Nigeria”.
The agency also highlighted that the bonds qualify as securities in which trustees can invest under the Trustee Investment Act and are listed on The Nigerian Exchange Limited.
Additionally, they qualify as liquid assets for liquidity ratio calculation for banks and are tax-exempt for pension funds.
Interested investors have been advised to contact stockbroking firms appointed as distribution agents by the DMO.

