{
  "id": 17752120,
  "title": "DMO raises FGN Savings Bond rates to 13.25%, 14.25% for November",
  "url": "https://urgent.news/2026/11/02/dmo-raises-fgn-savings-bond-rates-to-13-25-14-25-for-november",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-02T05:39:45.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/11/02/dmo-raises-fgn-savings-bond-rates-to-13-25-14-25-for-november/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Debt Management Office (DMO) has announced an increase in the interest rates for the November 2026 Federal Government of Nigeria (FGN) Savings Bond, offering a rate of 14.25% per annum for the three-year instrument. This is an increase from the 14.071% offered in October, reflecting a rise in yields available to retail investors. The November offer includes both two-year and three-year bonds, with subscriptions closing on November 6, 2026. The two-year bond, due on November 11, 2028, offers a rate of 13.25% per annum, while the three-year bond, due on November 11, 2029, offers a higher rate of 14.25% per annum. The bonds are backed by the full faith and credit of the Federal Government of Nigeria and are structured as a retail investment product, with each unit priced at N1,000. Investors can subscribe from N5,000 and increase their holdings in multiples of N1,000, with a maximum subscription of N50 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}