FGN Savings Bond Offers 13.9% Interest for March 2026

The Federal Government of Nigeria (FGN) has unveiled a savings bond offer for March 2026, featuring an interest rate of 13.906% per annum for retail investors. This offer, disclosed in a circular published on the Debt Management Office (DMO) website, presents an opportunity for individuals seeking secure and steady returns backed by the sovereign guarantee of the federal government.

The subscription window is open from March 2, 2026, to March 6, 2026, with settlement scheduled for March 11, 2026. The March 2026 savings bond offer includes two tenors with different yield structures, indicating a lower rate compared to the February 2026 issuance.

The FGN savings bond program aims to deepen the domestic debt market and encourage retail participation, providing individuals access to sovereign debt instruments at an affordable entry level. The bond is backed by the full faith and credit of the Federal Government of Nigeria, offering investors a sovereign-backed security with several regulatory tax recognitions enhancing its attractiveness.