GN Opens May 2026 Savings Bond Offer with Yields Up to 14.52%
The Debt Management Office has opened its May 2026 bond offer, giving investors access to secure, high-yield fixed-income instruments with quarterly returns.
The (DMO), on behalf of the , has announced the opening of its May 2026 offer, providing retail investors with fixed-income instruments at attractive double-digit yields.
According to the offer circular, the DMO is offering a two-year bond due May 13, 2028 at an interest rate of 13.525 per cent per annum, alongside a three-year bond due May 13, 2029 at 14.525 per cent per annum. The bonds are designed to deepen retail participation in government securities while offering a stable income stream in the current rate environment.
The subscription window opens on May 4, 2026 and closes on May 8, 2026, with settlement scheduled for May 13, 2026. Coupon payments will be made quarterly on August 13, November 13, February 13, and May 13 throughout the tenor of the instruments.
The bonds are issued at ₦1,000 per unit, with a minimum subscription of ₦5,000 and additional investments in multiples of ₦1,000, up to a maximum of ₦50 million. Interest payments are structured on a quarterly basis, while the principal will be repaid in full at maturity.
The DMO further noted that the bonds are backed by the full faith and credit of the Federal Government, reinforcing their status as low-risk investment vehicles within the domestic fixed-income market.
Interested investors are advised to channel subscriptions through authorised stockbroking firms appointed as distribution agents by the DMO.
