Savings Bond: FG Raises N3.96 Billion in October Offer
The Federal Government, through the Debt Management Office (DMO), has raised a total of N3.96 billion from the October 2025 issuance of the Federal Government of Nigeria Savings Bonds (FGNSB).
- A two-year FGN Savings Bond due October 15, 2027, was allotted at an interest rate of 14.062% per annum, with a total subscription value of N779.047 million and 1,052 successful investors.
- A three-year FGN Savings Bond due October 15, 2028, attracted more interest, raising N3,185.695 million with 1,435 successful subscriptions at a coupon rate of 15.062% per annum.
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Author's summary: FG raises N3.96 billion from savings bonds.
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