The Nigerian Exchange Limited (NGX) has listed the Federal Government of Nigeria (FGN) Savings Bonds issued for November 2025, providing retail investors access to new government-backed fixed-income instruments.
According to the notice released by the Exchange, the bonds were admitted to the Daily Official List on Wednesday, December 3, 2025, following the completion of the subscription and allotment process conducted by the Debt Management Office (DMO).
The November issuance comprises two separate tranches with the following details:
November 2025 FGN Savings Bonds Listing Details
1. 13.565% FGN Savings Bond Due November 2027
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Amount Issued: N958,416,000
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Units: 958,416
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Coupon: 13.565%
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Symbol Name: 13.565% FGS NOV 2027
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Symbol Code: FGS202702
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ISIN: NGFGS2027020
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Tenor: 2 Years
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Issue Date: 12 November 2025
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Maturity Date: 12 November 2027
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Coupon Payment Dates: February 12, May 12, August 12, November 12
2. 14.565% FGN Savings Bond Due November 2028
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Amount Issued: N2,874,664,000
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Units: 2,874,664
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Coupon: 14.565%
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Symbol Name: 14.565% FGS NOV 2028
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Symbol Code: FGS202803
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ISIN: NGFGS2028036
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Tenor: 3 Years
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Issue Date: 12 November 2025
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Maturity Date: 12 November 2028
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Coupon Payment Dates: February 12, May 12, August 12, November 12
The listings reinforce the Federal Government’s strategy to deepen retail investor participation in the domestic bond market while providing savers with secure investment options backed by sovereign credit.
The FGN Savings Bond programme continues to be a key instrument for promoting financial inclusion, enabling small investors to earn stable returns through periodic coupon payments and guaranteed principal repayment at maturity.