DMO allots N3.05bn in September 2025 savings bonds

Debt Management Office (DMO), has announced the successful allotment of the September 2025 Federal Government of Nigeria (FGN) Savings Bonds, raising a total of N3.05 billion across its two-year and three-year tenors.

Data published on the DMO’s website over the weekend showed that the offer, which opened on Monday, September 1, 2025, and closed on Friday, September 5, was settled on September 10.

Coupon payments will be made quarterl on March 10, June 10, September 10, and December 10, directly to investors’ accounts.

The two-year FGN Savings Bond due in September 2027 was allotted at an interest rate of 15.541per cent per annum, generating N631.76 million from 793 successful subscriptions.

The three-year bond, maturing in September 2028, attracted stronger demand, raising N2.416 billion at a coupon rate of 16.541 per cent per annum from 1,246 investors.

However, the September allotment fell below the N3.3 billion recorded in August.

In that month, the DMO raised N573.31 million from the two-year bond due August 2027, allotted at 14.401 per cent, and N2.74 billion from the three-year bond maturing August 2028, priced at 15.401 per cent.

A total of 2,166 investors subscribed, with higher interest recorded in the three-year tenor.

The FGN Savings Bond programme is part of the government’s strategy to deepen the domestic debt market, promote a savings culture, and offer retail investors an opportunity to earn competitive returns.