April 2026 FGN Savings Bonds Announced with Interest Rates up to 14.08% for Retail Investors
The Debt Management Office (DMO), acting on behalf of the Federal Government of Nigeria, has announced the April 2026 issuance of the Federal Government Savings Bonds, offering interest rates of up to 14.082% per annum. The announcement, made public in a DMO circular on Tuesday, highlights the government’s effort to provide safe, high-yield investment options for retail investors amid Nigeria’s evolving interest rate environment.
The April 2026 offer features two tenors: a two-year bond maturing on April 15, 2028, with a 13.082% annual interest rate, and a three-year bond maturing on April 15, 2029, offering the top rate of 14.082%. The subscription window opened on April 7 and will close on April 10, with settlement scheduled for April 15. Interest payments will be made quarterly, ensuring a steady income stream for investors.
Designed for retail investors, the FGN Savings Bonds require a minimum subscription of just N5,000, with additional investments allowed in multiples of N1,000, up to a maximum of N50 million. Priced at N1,000 per unit, the bonds are listed on the Nigerian Exchange Limited (NGX), allowing for secondary market trading and enhanced liquidity. Their accessibility, low entry point, and government backing make them an attractive option for both small and large investors.
These bonds are fully guaranteed by the Federal Government, offering a high level of security compared to other asset classes. Additionally, they provide regulatory and tax benefits: they qualify as approved securities under the Trustee Investment Act, are recognized under the Company Income Tax Act (CITA) and Personal Income Tax Act (PITA), and count as liquid assets for banks calculating liquidity ratios.
The April 2026 FGN Savings Bonds follow March’s offering, which provided interest rates up to 13.906% per annum. With competitive returns, strong government backing, and easy access, the bonds provide a predictable and low-risk investment avenue for retail investors looking to grow savings while navigating Nigeria’s high-interest-rate environment.
source: nairametrics