By Onyekachi Victoria Philip
The Debt Management Office (DMO) has opened the July 2026 Federal Government of Nigeria (FGN) Savings Bond offer, giving investors an opportunity to earn up to 15.716 per cent interest rate per annum on the three-year bond.
The latest offer, which commenced in July 2026, recorded the highest interest rate among FGN Savings Bond issuances so far in 2026, reflecting the continued adjustment of government securities to prevailing market conditions.
The July Savings Bond issuance consists of two investment options, a two-year FGN Savings Bond and a three-year FGN Savings Bond.
While the three-year bond offers investors a 15.716 per cent annual interest rate and is scheduled to mature in 2029, the two-year bond provides an interest rate of 14.716 per cent per annum.
The DMO stated that the FGN Savings Bond programme is designed to encourage savings among Nigerians by providing individuals, including small investors, with access to secure government-backed investment opportunities.
Investors in the savings bond receive quarterly interest payments throughout the investment period, while the principal amount is repaid at maturity.
The latest offer forms part of the Federal Government’s efforts to deepen Nigeria’s domestic capital market, promote financial inclusion and encourage a stronger savings culture among citizens.