moemindz:
Please advice.

My stockbroker submitted my bid form without a cscs account number, because it haseems not been generated yet.

Also, am I supposed to get a bond certificate or just monitor my cscs account (according to them would soon be open) as they told me.

I dont think it will go through without the cscs account.
Maybe they are sure the account will be opened before they submit to DMO.
OR
They can buy and sell back to you through the secondary market when the account is opened.

F

December offer rate

The rate reduced by 0.353

2years - 11.738% per annum
3years - 12.738% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2270-december-2017-fgn-savings-bond-offer-for-subscription

Hi All,

Any idea when the January 2018 Offer will begin

Kolping:
Hi All,

Any idea when the January 2018 Offer will begin

I think it will be from Monday

I'm not so sure. I've been checking the DMO website for dates but nothing so far.

IHelp:


I think it will be from Monday

Kolping:
I'm not so sure. I've been checking the DMO website for dates but nothing so far.

January offer rate

The rate reduced by 0.64

2years - 11.098% per annum
3years - 12.098% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2306-january-2018-fgn-savings-bond-offer-for-subscription

Thanks.

IHelp:


January offer rate

The rate reduced by 0.64

2years - 11.098% per annum
3years - 12.098% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2306-january-2018-fgn-savings-bond-offer-for-subscription

following.

IHelp:


January offer rate

The rate reduced by 0.64

2years - 11.098% per annum
3years - 12.098% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2306-january-2018-fgn-savings-bond-offer-for-subscription

please how exactly is it calculated? is the 11% interest for 2years paid every quarterly like one gets 11% of money deposited 4 times every year or how is it done?

mavinc4u:


please how exactly is it calculated? is the 11% interest for 2years paid every quarterly like one gets 11% of money deposited 4 times every year or how is it done?

The rate is per annum.
Assuming the rate for 2years is 10% and you invest 1,000,000
1year = 100,000
2years = 100,000×2
quartely =100,000÷4
You will get 25,000 per quarter for the period of 2years (25,000× and your capital at the end of the tenor

IHelp:


The rate is per annum.
Assuming the rate for 2years is 10% and you invest 1,000,000
1year = 100,000
2years = 100,000×2
quartely =100,000÷4
You will get 25,000 per quarter for the period of 2years (25,000× and your capital at the end of the tenor

Almost same as treasury bill calculation. thanks

Confirm that this bond is traded every month

GODAKPAN:
Confirm that this bond is traded every month

Yes. Every month

Hello everyone.

Please is there an active thread for the normal FGN bond? I want to invest in the normal bond, not savings bond.

Hello.Hello . please has anyone invested in this using investment -one financial services? How can one know if the bond was bought?is there a certificate or any document that shows the investment ?I invested in the January FGNSB. I've sent mails to customer care over 2 weeks ago,no reply.

SamReinvented:
Hello everyone.

Please is there an active thread for the normal FGN bond? I want to invest in the normal bond, not savings bond.

Not aware of any. Though there are some threads where questions about bonds was asked.
Eg
https://www.nairaland.com/2236356/investing-federal-government-bonds-nigeria

mercifull:
Hello.Hello . please has anyone invested in this using investment -one financial services? How can one know if the bond was bought?is there a certificate or any document that shows the investment ?I invested in the January FGNSB. I've sent mails to customer care over 2 weeks ago,no reply.

You will receive a message like this(below) from X-Alert
Dear "YOUR NAME" .... units of FGS202121 has be credited to your A/C ....... "NAME OF BROKER"

Also if you subscribed to CSCS, all your stocks and bonds will be listed in your account.

February 2018 offer rate

The rate continued to reduce.
This month the rate reduced by 0.821

2years - 10.277% per annum
3years - 11.277% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2335-february-2018-fgn-savings-bond-offer-for-subscription/file

March 2018 offer rate

This month the rate increased by 0.469

2years - 10.746% per annum
3years - 11.746% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2363-march-2018-fgn-savings-bond-offer-for-subscription/file

2018 savings bond calendar

April 2018 offer rate

This month the rate increased by 0.004

2years - 10.75% per annum
3years - 11.75% per annum

@mercifull
Smart woman for investing. I hope you were able to confirm your purchase.

mercifull:
Hello.Hello . please has anyone invested in this using investment -one financial services? How can one know if the bond was bought?is there a certificate or any document that shows the investment ?I invested in the January FGNSB. I've sent mails to customer care over 2 weeks ago,no reply.

Pls how do one begin.

Start by opening an account with a stockbroker, then check the dates for the next bid here -
http://www.dmo.gov.ng/fgn-bonds/savings-bond

emma1983:
Pls how do one begin.

May 2018 offer rate

This month the rate reduced by 1.27

2years - 9.48% per annum
3years - 10.48% per annum

Someone kindly assist with possible reasons the rates are reducing steadily

moemindz:
Someone kindly assist with possible reasons the rates are reducing steadily

Government is generating more money now as price of oil is increasing.
Government also got cheaper rate from the Euro bond and now need less local fund.

.....When you desperately need something you tend to pay higher unlike when you are not.

I got my eyes on the June rates.

You're not the only one...counting down to Friday or maybe Monday next week.

Ugosample:
I got my eyes on the June rates.