Wednesday, April 8, 2026 - The Debt Management Office has announced interest rates of up to 14.082% per annum for the April 2026 Federal Government Savings Bonds, offering retail investors a secure investment option amid changing market conditions.
According to the circular, the bond offer includes two
tenors. The two-year bond, maturing on April 15, 2028, carries an interest rate
of 13.082% per annum, while the three-year bond, due April 15, 2029, offers a
higher return of 14.082% per annum.
The subscription window opened on April 7, 2026, and is set
to close on April 10, 2026, with settlement scheduled for April 15, 2026.
Interest payments will be made quarterly on July 15, October 15, January 15,
and April 15.
Each unit of the bond is priced at ₦1,000, with a minimum
subscription of ₦5,000. Investors can increase their holdings in multiples of
₦1,000, up to a maximum investment of ₦50 million.
The bonds are backed by the full faith and credit of the
Federal Government, providing a high level of security for investors. They are
also listed on Nigerian Exchange Limited, allowing for secondary market trading
and improved liquidity.
In addition, the instrument offers certain regulatory and
tax benefits, making it attractive to a wide range of investors. This follows a
similar offering in March, when the DMO provided savings bonds with interest
rates of up to 13.906% per annum.
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