The Debt Management Office (DMO) has launched the June 2025 Federal Government of Nigeria (FGN) savings bonds, offering interest rates of approximately 17.121% per annum.
The announcement was made in an offer letter released by the DMO on Monday.
The bond offerings include a two-year savings bond maturing on June 11, 2027, with an interest rate of 16.121%, and a three-year bond maturing on June 11, 2028, with an interest rate of 17.121%.
These rates reflect a slight decline from May’s rates, which stood at 17.173% for the three-year bond and 16.173% for the two-year bond.
Settlement dates for successful subscriptions are scheduled for September 11, December 11, March 11, and June 11 each year.
Each bond unit is priced at ₦1,000, with a minimum subscription of ₦5,000 and increments in multiples of ₦1,000, allowing investors to subscribe up to ₦50 million.
The subscription window opened on Monday, June 2, 2025, and will close on Friday, June 6, 2025.
“We welcome you to this month of June with the two-Year FGN Savings Bond due June 11, 2027, at 16.121 per cent p.a., and three-year FGN Savings Bond due June 11, 2028, at 17.121 per cent p.a. Offer opens tomorrow and closes June 6, 2025,” the DMO said in an additional note on its X account.