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DMO Opens October Savings Bond Offer with Lower Yields

The Debt Management Office (DMO) has opened the October 2026 Federal Government of Nigeria Savings Bond offer, featuring two-year and three-year instruments. The two-year bond offers a 13.071% interest rate, while the three-year bond provides 14.071%. These rates represent a decrease from September’s yields. The offer, which is open to retail investors with a minimum subscription of N5,000, closes on October 9, 2026, with quarterly interest payments. Total allotments for these bonds reached N47.25 billion in the first nine months of 2026, reflecting increased retail participation.

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