The Federal Government has raised a total of ₦3.96 billion from the October 2025 Federal Government of Nigeria Savings Bonds.

Introduced in 2017, the FGN Savings Bond programme was designed to deepen the domestic bond market, promote financial inclusion, and offer retail investors access to secure and low-risk government securities.

According to the Debt Management Office (DMO) official allotment results posted on its website, the October 2025 allotment was higher than the ₦3.05 billion recorded in September.

FG offered two tranches of savings bonds for October — a two-year FGN Savings Bond due October 15, 2027, and a three-year FGN Savings Bond due October 15, 2028.

The two-year FGN Savings Bond due September 2027 was allotted at an interest rate of 15.541% per annum, raising ₦631.762 million from 793 successful subscriptions.

At an interest rate of 14.062% per annum, the two-year bond was allotted to investors with 1,052 total subscription valued at ₦779.047 million.

The bonds were issued at N1,000 per unit, with a minimum subscription requirement of N5,000 and in multiples of N1,000 thereafter, up to a maximum subscription of N50 million.

READ ALSO: Declaration Of Cash Above $10,000 At International Airports Mandatory, NFIU Tells Travellers

Meanwhile, the three-year bond attracted more interest, raising ₦3,185.695 million with 1,435 successful subscriptions at a coupon rate of 15.062% per annum.

The offer period for both instruments was held between October 6 and 10, 2025, with settlement taking place on October 15, 2025.

Coupon payments are scheduled to be made quarterly on January 15, April 15, July 15, and October 15 each year until maturity.

The three-year FGN Savings Bond due September 2028 also attracted greater demand, recording an allotment of ₦2.416 billion at an interest rate of 16.541% per annum from 1,246 successful investors.