Afronomics dataset · Nigeria
FGN Savings Bond: this month’s offer
Nigeria’s Debt Management Office sells savings bonds to individuals every month, in small amounts, with interest paid every quarter. These are the terms of the latest offer, read from the DMO’s own offer document and updated automatically when a new one is published.
October 2026 offer
Open now
5 October 2026 to 9 October 2026
October 2026 offer
Rates and terms
As printed in the Debt Management Office’s offer document.
| Bond | Rate a year | Matures | Interest each quarter on ₦5,000 |
|---|---|---|---|
| 2-year FGN Savings Bond | 13.071% | 14 October 2028 | ₦163.39 |
| 3-year FGN Savings Bond | 14.071% | 14 October 2029 | ₦175.89 |
- Minimum
- ₦5,000
- Then in multiples of
- ₦1,000
- Maximum
- ₦50,000,000
- Offer opens
- 5 October 2026
- Offer closes
- 9 October 2026
- Settlement
- 14 October 2026
Interest is paid every quarter, on January 14, April 14, July 14, October 14.
Read from the DMO’s October 2026 offer document on 5 October 2026. How and where to apply is set out in that document and on the DMO’s Savings Bond page; read it before you buy. Interest is shown simply as rate × amount ÷ 4. Information, not advice.
Buying government bills and bonds in other countries: Kenya, Nigeria, South Africa and Tanzania. Nigeria’s Treasury bill auctions: Nigeria T-bills.
Cite or reuse this data
Free to quote, chart and republish with the credit “Source: Afronomics, compiled from the Debt Management Office’s monthly offer documents” and a link to this page.
Afronomics (2026). FGN Savings Bond offers, compiled from the Debt Management Office’s monthly offer documents. Retrieved 6 October 2026, from https://www.afronomicsfeed.com/rates/nigeria/savings-bond
Quick answers
Questions people ask
- What is the FGN Savings Bond rate this month?
- For the October 2026 offer, the Debt Management Office set 13.071% a year on the 2-year bond and 14.071% on the 3-year bond, with interest paid every quarter.
- What is the minimum to buy the FGN Savings Bond?
- ₦5,000, in units of ₦1,000, up to ₦50,000,000.
- When does this month's savings bond offer close?
- The October 2026 offer opens 5 Oct 2026 and closes 9 Oct 2026; settlement is 14 Oct 2026.
- How much interest does ₦5,000 earn in the savings bond?
- At 13.071%, ₦5,000 earns about ₦163 every quarter on the 2-year bond and about ₦176 on the 3-year bond.
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