DMO Opens June 2026 FGN Savings Bond at 14.777% Interest as Nigeria Raises Investor Returns
The Debt Management Office (DMO) has officially opened subscription for the June 2026 FGN Savings Bond, offering Nigerians another chance to earn attractive, low-risk returns backed by the Federal Government. The latest issuance comes with an interest rate of up to 14.777% per annum, slightly higher than the previous month’s offer of 14.52%, signaling a continued rise in fixed-income yields.
According to the DMO, the subscription window runs from June 1 to June 5, 2026, while settlement is scheduled for June 10, 2026. The bond is designed to give retail and institutional investors a secure investment avenue while supporting government efforts to deepen financial inclusion and domestic savings culture across the country.
The offer includes two investment options tailored to different financial goals. The two-year bond maturing June 10, 2028, offers an annual interest rate of 13.777%, while the three-year bond maturing June 10, 2029, offers a higher return of 14.777% per annum. Each unit is priced at ₦1,000, with a minimum subscription of ₦5,000 and a maximum cap of ₦50 million. Interest payments will be made quarterly, providing investors with regular income streams.
The DMO further emphasized that the bonds are fully backed by the Federal Government of Nigeria, making them one of the safest investment instruments in the market. They also come with tax advantages under relevant Nigerian tax laws and are listed on the Nigerian Exchange Limited, allowing investors to trade them on the secondary market for added liquidity.
Market analysts note that the gradual rise in yields reflects broader trends in the global and domestic financial environment, with investors increasingly favoring sovereign-backed securities amid economic uncertainty. With strong demand expected, especially for the longer tenor, the June 2026 offer is likely to attract retail investors, cooperatives, and high-net-worth individuals seeking stable and predictable returns.
source: nairametrics