The Debt Management Office has set the interest rate on the April 2026 Federal Government Savings Bonds at up to 14.082 per cent per annum, offering retail investors a secure and accessible fixed-income option in Nigeria’s current high-interest-rate environment.
The offer includes two tenors: a two-year bond maturing on April 15, 2028, with a coupon of 13.082 per cent per annum, and a three-year bond maturing on April 15, 2029, yielding 14.082 per cent per annum. Both instruments will pay interest quarterly on July 15, October 15, January 15, and April 15.
The subscription window opened on April 7, 2026, and closes on April 10, 2026, with settlement scheduled for April 15. Each bond is priced at ₦1,000 per unit, with a minimum investment of ₦5,000 and additional purchases in multiples of ₦1,000 up to a maximum of ₦50 million per investor.
Backed by the full faith and credit of the Federal Government, the bonds are listed on the Nigerian Exchange Limited, providing liquidity and enabling secondary market trading. They also carry regulatory and tax advantages that enhance their appeal to a broad investor base.
The DMO’s latest offer follows a similar issuance in March, when savings bonds with rates of up to 13.906 per cent per annum were made available to retail investors. With yields remaining well above inflation expectations, the April 2026 bonds are positioned as a low-risk savings tool for individuals seeking steady, government-backed returns.
