The Federal Government raised N6.69 billion through its September 2026 Federal Government of Nigeria Savings Bond (FGNSB), according to the Debt Management Office (DMO).
The amount was raised through two-year and three-year savings bonds, which offered annual interest rates of 14.12 per cent and 15.12 per cent, respectively.
According to the latest issuance circular released by the DMO, N1.282 billion was allotted on the two-year
September 2028 bond, while N5.408 billion was raised through the three-year September 2029 instrument.
The September offer was open from 7 to 11 September, with settlement scheduled for 16 September.
The two-year bond attracted 1,690 subscriptions, while the three-year instrument received 3,209
subscriptions.
The latest issuance brings the total amount raised through the FGN savings bond to about N40.5 billion in the first nine months of 2026.
The DMO raised N6.341 billion in January, N5.913 billion in February, N3.859 billion in March and N3.639 billion in April. The amount increased to N4.074 billion in May and N4.678 billion in June.
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