{"id":6115,"date":"2026-11-02T05:48:21","date_gmt":"2026-11-02T05:48:21","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/02\/dmo-raises-fgn-savings-bond-rates-to-13-25-14-25-for-november\/"},"modified":"2026-11-02T05:48:21","modified_gmt":"2026-11-02T05:48:21","slug":"dmo-raises-fgn-savings-bond-rates-to-13-25-14-25-for-november","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/11\/02\/dmo-raises-fgn-savings-bond-rates-to-13-25-14-25-for-november\/","title":{"rendered":"DMO raises FGN Savings Bond rates to 13.25%, 14.25% for November"},"content":{"rendered":"

The Debt Management Office (DMO) has opened its November 2026 Federal Government of Nigeria (FGN) Savings Bond offer, with the three-year instrument offering an interest rate of 14.25% per annum.<\/p>\n

This was contained in the DMO\u2019s offer circular for November issued on Monday.<\/p>\n

The rate is higher than the 14.071% offered on the same tenor in October,<\/a> reflecting an increase in the yields available to retail investors.<\/p>\n

The November offer comprises two-year and three-year bonds, with subscriptions closing on November 6, 2026.<\/p>\n

DMO raises November bond rates<\/strong><\/h4>\n

For November, the DMO is offering a two-year FGN Savings Bond due on November 11, 2028, at 13.25% per annum and a three-year bond due on November 11, 2029, at 14.25% per annum.<\/p>\n

    \n
  • The offer opened on November 2, 2026, and will close on November 6.<\/li>\n
  • Settlement is scheduled for November 11, 2026.<\/li>\n
  • Interest will be paid quarterly on February 11, May 11, August 11 and November 11.<\/li>\n
  • Both rates are 0.179 percentage points higher than the corresponding rates offered in October.<\/li>\n<\/ul>\n

    The bonds are backed by the full faith and credit of the Federal Government of Nigeria, with the three-year instrument offering a higher annual return than the two-year bond.<\/p>\n

    Retail investors can subscribe from N5,000<\/strong><\/h4>\n

    The FGN Savings Bond is structured as a retail investment product, with each unit priced at N1,000. Investors can subscribe from N5,000 and increase their holdings in multiples of N1,000, subject to a maximum subscription of N50 million.<\/p>\n

      \n
    • The principal will be repaid in full at maturity.<\/li>\n
    • The bonds qualify as eligible investments for trustees under the Trustee Investment Act and as government securities under relevant tax laws.<\/li>\n
    • The securities can be recognised as liquid assets for banks\u2019 liquidity ratio calculations.<\/li>\n
    • The bonds are listed on the Nigerian Exchange Limited, while subscriptions are made through stockbroking firms appointed by the DMO as distribution agents.<\/li>\n<\/ul>\n

      The structure allows individual investors to access government-backed fixed-income securities with quarterly interest payments.<\/p>\n

      Savings bond allotments rise in 2026<\/strong><\/h4>\n

      The November offer comes amid an increase in FGN Savings Bond allotments during the first nine months of 2026.<\/p>\n

      Offer ranges widen significantly at this auction, with N600 billion to N800 billion available on both instruments.<\/p>\n

      The November issue gives investors another opportunity to earn fixed quarterly returns through a Federal Government-backed security, with the three-year bond offering the higher rate of the two available options.<\/p>\n

      Source: <\/p>\n

      Nairametrics<\/div>\n","protected":false},"excerpt":{"rendered":"

      The Debt Management Office (DMO) has opened its November 2026 Federal Government of Nigeria (FGN) Savings Bond offer, with the three-year instrument offering an interest rate of 14.25% per annum.… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6115","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/6115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=6115"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/6115\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=6115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=6115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=6115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}