Investors Eye 15.72% Returns As DMO Opens July Savings Bond

Retail investors have an opportunity to earn returns of up to 15.72 per cent per annum, as the Debt Management Office (DMO) has opened subscriptions for the July 2026 Federal Government of Nigeria (FGN) Savings Bond.

The offer, which commenced on Monday, July 6, will close on Friday, July 10, 2026, with settlement scheduled for July 15, according to the DMO.

Under the offer, investors can subscribe to a two-year FGN Savings Bond due July 15, 2028, at an interest rate of 14.716 per cent per annum, or a three-year bond maturing on July 15, 2029, with a higher annual return of 15.715 per cent, approximately 15.72 per cent.

The DMO said the bonds are backed by the full faith and credit of the Federal Government, providing investors with a secure and accessible investment option while supporting efforts to deepen domestic borrowing and encourage a savings culture among Nigerians.

The savings bonds are offered at N1,000 per unit, with a minimum subscription of N5,000 and a maximum investment of N50 million, making the instrument accessible to both small and medium-scale investors.

Interest on the bonds will be paid quarterly, while the principal will be repaid in full upon maturity.

The FGN Savings Bond programme is part of the Federal Government’s strategy to broaden retail participation in the domestic debt market by offering low-risk investment opportunities with competitive returns.