Connect with us

NEWS

FGN Savings Bond: March 2025 Offer Now Open for Subscription

Published

on

The Federal Government of Nigeria (FGN) has opened the subscription window for the March 2025 FGN Savings Bond, providing investors with a secure and profitable avenue for wealth creation. The offer, which began on Monday, will close at 5 PM on Thursday, March 6, 2025.

Investment Opportunity and Returns

The FGN Savings Bond is a government-backed security that allows individuals and businesses to invest in the nation’s development projects while earning attractive quarterly interest. The bond is designed to encourage inclusive participation in Nigeria’s financial markets.

Bond Offer Details

  • Two-Year FGN Savings Bond (Maturing March 12, 2027) – Interest rate: 16.635% per annum.
  • Three-Year FGN Savings Bond (Maturing March 12, 2028) – Interest rate: 17.635% per annum.

Quarterly Coupon Payment Dates:

  • June 12
  • September 12
  • December 12
  • March 12

Who Can Invest?

The FGN Savings Bond is open to:

  • Individual investors, including joint account holders
  • Businesses and corporate entities

Investment Limits:

  • Minimum Subscription: ₦5,000 (multiples of ₦1,000)
  • Maximum Subscription: ₦50,000,000

How to Subscribe Interested investors can follow these steps:

  1. Make payment to the designated account:
    • Account Name: SISL/FGN SAVINGS BOND
    • Account Number: 0024904846
    • Bank: Stanbic IBTC Bank
    • Payment Narration: Investor’s first and last name
  2. Complete the official FGN Saving Bond subscription form and upload proof of payment.
  3. Ensure personal details match across bank accounts, CSCS details, and BVN to prevent processing delays.

Security and Repayment

As a sovereign-backed security, the FGN Saving Bond is regarded as the safest investment in Nigeria’s debt capital market. Investors will receive a bullet repayment of their principal at maturity.

Next Investment Window

Investors who miss this subscription round can participate in the next offer, scheduled from Monday, April 7, 2025, to Thursday, April 10, 2025.

Investor Support and Contact Information

For inquiries, investors can reach out via email at FGNSavingsBond@stanbicibtc.com or call 0201 422 0004 / 0708 0602 700.

The FGN Savings Bond remains a compelling investment choice for Nigerians seeking risk-free returns with guaranteed interest payments. This initiative aligns with the government’s financial inclusion drive while offering individuals and businesses a reliable means to grow their capital.

Share

Discover more from Asiwaju Media

Subscribe to get the latest posts sent to your email.

We serve you the recent Political, Entertainment, Sports, news in Nigeria today from latest celebrity news, Opinion, photos, scandals & many more. We are dressed with compelling News and Opinion articles that grow unique visitors and we ensure returning visitors become loyal readers.

Click to comment

Leave a Reply

TRENDING

Discover more from Asiwaju Media

Subscribe now to keep reading and get access to the full archive.

Continue reading