The Debt Management Office, DMO, has opened subscription for June 2025 savings bond with an attractive rate of 17.12% per annum.
The subscription window officially opened Monday June 2, 2025 with the closing date set for Friday, June 6, 2025. In an announcement via its X handle, the DMO said “We welcome you to this month of June with the: 2-Year FGN Savings Bond due June 11, 2027 at 16.121% p.a. and; 3-Year FGN Savings Bond due June 11, 2028 at 17.121% p.a. Offer opens tomorrow and closes June 6, 2025 Kindly contact your stockbroker to invest.”
The June 2025 bond has a two-year savings bond maturing on June 11, 2027, with an interest rate of 16.121%, and a three-year bond maturing on June 11, 2028, offering 17.121%.
The settlement date for successful subscriptions is set for September 11, December 11, March 11, and June 11 each year. Each bond unit is priced at N1,000, with a minimum subscription of N5,000 and additional investments in multiples of N1,000, allowing investors to subscribe for up to N50 million.
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This offering gives Nigerians the opportunity to invest in government-backed bonds, contributing to personal and national financial stability.
This month’s bond offering reflects a marginal decrease from the interest rate of 17.173% pegged for May 2025. The interest rate reduction may have been driven by the Central Bank of Nigeria’s (CBN) decision to retain lending rates at 27.5% during its last meeting.
The apex’s fight for a reduced inflation and stable exchange rate has enhanced investors’ appetite in Nigerian bonds especially among foreign portfolio investors (FPIs) looking for higher returns.
