FG Offers 14.25% Interest On Three-Year Bond

The Federal Government has supplied buyers an annual rate of interest of 14.25 per cent on its three-year Federal Government of Nigeria (FGN) Savings Bond for November 2026, because the Debt Management Office (DMO) will increase returns on the funding instrument above the charges supplied within the earlier month.

The new price represents a rise from the 14.071 per cent supplied on the three-year financial savings bond in October, reflecting improved yields for retail buyers looking for funding alternatives backed by the Federal Government.

The growth was disclosed within the DMO’s November 2026 FGN Savings Bond supply round issued on Monday.

According to the supply round, the federal government is providing two funding choices: a two-year bond at an annual rate of interest of 13.25 per cent and a three-year bond at 14.25 per cent.

The two-year instrument will mature on November 11, 2028, whereas the three-year bond is scheduled to mature on November 11, 2029.

The subscription interval opened on November 2, 2026, and can shut on November 6, 2026, with settlement scheduled for November 11, 2026.

Under the phrases of the supply, buyers will obtain curiosity funds quarterly on February 11, May 11, August 11 and November 11 all through the lifespan of the bonds.

The November supply additionally displays an upward adjustment within the rates of interest in contrast with the corresponding devices issued in October. Both the two-year and three-year bonds recorded a rise of 0.179 share factors of their respective annual rates of interest.

The three-year bond provides buyers a better return than the two-year instrument, with a one-percentage-point distinction between the 2 charges.

This offers buyers with the choice of selecting between a shorter funding interval and a better annual return over an extended tenure.

The FGN Savings Bond is designed primarily to offer retail buyers with entry to government-backed funding alternatives whereas providing a comparatively predictable stream of earnings by way of quarterly curiosity funds.

Each bond unit is priced at N1,000, with a minimal subscription requirement of N5,000. Investors can improve their subscriptions in multiples of N1,000, topic to a most funding of N50 million.

The bonds are backed by the total religion and credit score of the Federal Government of Nigeria, making them sovereign debt devices with the federal government’s dedication to assembly its cost obligations.

The financial savings bond programme is a part of the Federal Government’s efforts to deepen participation within the home debt market by offering people and different retail buyers with entry to authorities securities.

Unlike another funding devices which will require substantial capital, the FGN Savings Bond permits people to take part with comparatively modest quantities whereas incomes curiosity at charges decided by the DMO for every month-to-month supply.

With the November supply now open, potential buyers have till November 6 to subscribe to both the two-year or three-year instrument, relying on their funding goals, most popular maturity interval and desired curiosity earnings.