FG raises N6.69bn from September savings bond
The Federal Government raised N6.69 billion through its September 2026 Federal Government of Nigeria Savings Bond (FGNSB), according to the Debt Management Office (DMO). The amount was raised through two-year and three-year savings bonds, which offered annual interest rates of 14.12 per cent and 15.12 per cent, respectively. According to the latest issuance circular released […]
The Federal Government of Nigeria successfully raised N6.69 billion through its September 2026 Federal Government Savings Bond (FGNSB), as reported by the Debt Management Office (DMO). Two-year and three-year savings bonds were offered, with annual interest rates of 14.12 percent and 15.12 percent, respectively. The September offer was available from September 7 to 11, with settlement scheduled for September 16.
The two-year bond received 1,690 subscriptions, while the three-year instrument garnered 3,209 subscriptions. This latest issuance brings the total amount raised through the FGN savings bond to approximately N40.5 billion in the first nine months of 2026. Throughout January to June 2026, the DMO raised N6.341 billion, N5.913 billion, N3.859 billion, N3.639 billion, N4.074 billion, and N4.678 billion, respectively.
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