Nigerians can invest from as little as ₦5,000 as the Federal Government offers two- and three-year savings bonds with quarterly interest payments…..
The Debt Management Office (DMO) has launched subscriptions for its August 2026 Federal Government Savings Bond, offering retail investors the opportunity to earn annual returns of up to 14.963 per cent on government-backed securities.
According to details released by the agency on Monday, investors can choose between a two-year bond maturing on August 12, 2028, with an interest rate of 13.963 per cent per annum, and a three-year bond maturing on August 12, 2029, offering a higher annual coupon of 14.963 per cent.
The subscription window opened on August 3 and will close on August 7, while successful applicants will receive allotments on the settlement date of August 12, from which interest payments will begin to accrue.
Under the offer, each bond unit is priced at ₦1,000, with a minimum investment of ₦5,000. Investors can increase their subscriptions in multiples of ₦1,000, up to a maximum investment of ₦50 million.
The DMO said investors will receive interest payments every three months throughout the life of the bonds. Coupon payments have been scheduled for November 12, February 12, May 12 and August 12 each year until the securities mature, providing holders with a regular source of income.
The Federal Government Savings Bond programme is aimed at encouraging greater participation by individual investors in Nigeria’s domestic debt market while promoting a culture of long-term savings.
Beyond offering competitive returns, the bonds are fully backed by the Federal Government of Nigeria, making them one of the country’s lowest-risk investment options.
The DMO also noted that the securities are listed on the Nigerian Exchange (NGX), allowing investors to sell them on the secondary market before maturity if they wish to access their funds early.
In addition, the agency said the bonds qualify as liquid assets for banks in the calculation of liquidity ratios and are eligible for tax exemptions under the Companies Income Tax Act and the Personal Income Tax Act for qualifying investors, including pension funds.
With relatively low entry requirements, predictable quarterly income and sovereign backing, the August 2026 Savings Bond offer is expected to appeal to retail investors seeking stable returns in the fixed-income market.
