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DMO opens subscription for March 2025 FGN savings bonds with interest rates up to 17.635% 

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The Debt Management Office (DMO) has launched the March 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 17.635% per annum.

The subscription window opened on Monday, March 4, 2025, and will close on Friday, March 7, 2025.

The DMO made this announcement via its official handle on X (formerly Twitter), stating, “We are opening this month with the following offers for subscription: 2-Year Bond due March 12, 2027, at 16.635% p.a., and a 3-Year FGN Bond due March 12, 2028, at 17.635% p.a. Offer is open and closes March 7, 2025. To invest, contact your stockbroker. Interest payment begins on June 12, 2025.

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FGN savings bonds are designed to encourage retail investors to participate in the bond market while providing a secure investment backed by the Federal Government of Nigeria. Some key benefits include:

Interested investors can purchase the savings bonds through stockbroking firms accredited by the DMO. These firms act as intermediaries between investors and the Nigerian Stock Exchange (NGX), where the bonds are listed for trading.

To invest, individuals must contact their stockbroker before the March 7, 2025 deadline to complete the subscription process.

Over the years, FGN savings bonds have gained popularity among Nigerians seeking risk-free investment options.

With inflation concerns and fluctuating interest rates in traditional savings instruments, government bonds provide a stable and predictable return on investment.

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