The Federal Government of Nigeria has opened subscriptions for N260 billion value of bonds by means of the Debt Management Office (DMO) as a part of its October 2025 bond public sale.
According to a public discover by the DMO on Monday, October 27, 2025, the issuance includes two re-openings: a N130 billion 17.945% Federal Government of Nigeria (FGN) August 2030 bond (five-year tenor) and a N130 billion 17.95% FGN June 2032 bond (seven-year tenor).
The public sale, which started on Monday, will probably be settled on October 29, 2025, with every bond unit priced at N1,000 and a minimal subscription of N50,001,000, in multiples of N1,000 thereafter.
The DMO said that curiosity funds on the bonds could be made semi-annually, whereas full reimbursement would happen upon maturity.
The FGN bond programme, launched in 2017, was designed to broaden Nigeria’s home debt market, foster {financial} inclusion, and supply retail buyers entry to safe, low-risk funding devices backed by the Federal Government.
In its round, the DMO famous that the FGN bonds “qualify as securities in which trustees can invest under the Trustee Investment Act,” and are acknowledged underneath the Company Income Tax Act (CITA) and Personal Income Tax Act (PITA) for tax exemption for pension funds and different buyers.
Furthermore, the bonds are listed on the Nigerian Exchange Limited (NGX) and the FMDQ OTC Securities Exchange, qualifying as liquid property for banks in assembly statutory liquidity ratio necessities.
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The Office assured buyers that the devices are totally backed by the religion and credit score of the Federal Government of Nigeria and charged upon the nation’s basic property.
Investors are suggested to contact any of the first supplier market makers, together with Access Bank Plc, First Bank of Nigeria Ltd., Stanbic IBTC Bank Ltd., Citibank Nigeria Ltd., First City Monument Bank Plc, and Standard Chartered Bank Nigeria Ltd., for participation particulars.
Recent knowledge present that the DMO raised roughly N3.03 trillion from FGN bonds within the first eight months of 2025, exceeding the N2.13 trillion initially supplied. Investor urge for food remained sturdy, with complete subscriptions reaching N4.94 trillion in the course of the interval.
