FG Allots N3.05 Billion in September 2025 FGN Savings Bonds

FG Allots N3.05 Billion in September 2025 FGN Savings Bonds

The Federal Government, through the Debt Management Office (DMO), has announced the successful allotment of the September 2025 FGN Savings Bonds, totaling N3.05 billion across the two-year and three-year tenors.

According to data published on the DMO’s website, the bonds opened for subscription on Monday, September 1, 2025, and closed on Friday, September 5, 2025, with settlement scheduled for September 10, 2025.

Coupon Payments

The DMO stated that coupon (interest) payments will be made quarterly—March 10, June 10, September 10, and December 10— directly to investors.

Allotments

Two-Year FGN Savings Bond (Due September 2027):

Interest rate: 15.541% per annum

Amount raised: N631.762 million

Subscriptions: 793 successful investors

Three-Year FGN Savings Bond (Due September 2028):

Interest rate: 16.541% per annum

Amount raised: N2.416 billion

Subscriptions: 1,246 successful investors

Comparison with August 2025 Auction

The September allotment was lower than the N3.3 billion recorded in August 2025.

In August, the government raised N573.31 million from the 2-year bond (maturing August 2027) and N2.74 billion from the 3-year bond (due August 2028).

The auction attracted 2,166 successful investors (892 for the 2-year and 1,274 for the 3-year).

Coupon rates stood at 14.401% for the 2-year bond and 15.401% for the 3-year bond.

Key Information for Investors

Bonds were issued at N1,000 per unit, with a minimum subscription of N5,000 and multiples of N1,000 thereafter, up to a maximum of N50 million.

Introduced in 2017, the FGN Savings Bond programme was designed to:

Deepen the domestic bond market.

Promote financial inclusion.

Provide retail investors access to secure, low-risk government securities.

Regulatory Recognition

The FGN Savings Bond:

Qualifies as an approved investment under the Trustee Investment Act.

Is recognized as a government security under CITA and PITA, making it eligible for tax exemption by pension funds and other institutional investors.

Is listed on the Nigerian Exchange Limited (NGX), allowing secondary market trading and enhancing liquidity.

Qualifies as a liquid asset for banks’ liquidity ratio calculations.

Over the years, the FGN Savings Bond has gained popularity among Nigerians seeking safe and predictable investment opportunities.

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