The Debt Management Office (DMO) has announced the launch of its May 2026 Federal Government of Nigeria (FGN) Savings Bond, offering investors returns of up to 14.525 percent per annum.
The bond offer, unveiled on Monday on behalf of the Federal Government, will be open for subscription from May 4 to May 8, 2026, with settlement scheduled for May 13. The initiative is part of the government’s ongoing effort to provide accessible and secure investment opportunities for retail investors across the country.
According to the DMO, the offering consists of two bond categories tailored to different investment horizons. A two-year bond maturing on May 13, 2028, carries an annual interest rate of 13.525 percent, while a three-year bond due on May 13, 2029, offers a higher return of 14.525 percent.
The bonds are priced at N1,000 per unit, with a minimum subscription threshold set at N5,000 and a maximum limit of N50 million. Investors will receive interest payments on a quarterly basis, while the principal will be repaid in full upon maturity.
The agency noted that the savings bond programme is designed to deepen financial inclusion by enabling individuals to participate in government securities with relatively low entry requirements. It also highlighted the low-risk nature of the investment, as it is backed by the Federal Government.
The May offer reflects a marginal increase in returns compared to the previous issuance in April 2026, where the two-year bond carried an interest rate of 13.082 percent and the three-year bond offered 14.082 percent.
With rising interest rates, the DMO said the updated offer is aimed at attracting more retail participation while encouraging a culture of savings among Nigerians.
