The Debt Management Office has commenced subscriptions for the July 2026 Federal Government Savings Bond, offering Nigerians annual returns of up to 15.716 per cent, the highest rate recorded under the programme this year.Â
The subscription window will remain open from July 6 to July 10, while successful investors will be settled on July 15. The offer provides another opportunity for retail investors seeking secure, government backed investment options with competitive returns.
The News Chronicle reports that the latest issuance features two investment options, including a two year bond maturing on July 15, 2028 with a 14.716 per cent annual interest rate and a three year bond due July 15, 2029 offering 15.716 per cent yearly.
Investors can subscribe from N5,000 up to N50 million, with interest paid every quarter and the principal redeemed at maturity.
The new rates represent a significant increase from June’s offer, reflecting tighter conditions in Nigeria’s fixed income market. The bonds remain backed by the full faith of the Federal Government and qualify for several tax and regulatory benefits.
Market observers expect strong investor interest, particularly in the three year tenor, as individuals and institutions continue to seek stable returns amid the country’s high interest rate environment.
