As shared by the Federal Government’s twitter handle:

For legit list of distribution agents: visit


Source:
https://naijacomet.com/2018/09/04/federal-governments-savings-bond-is-out-to-close-7th-september/

Good development, I think I need to buy some.

Hope this bond will not be like that scam Daar communications and Raypower put up in 2008? Till now, I haven't gotten a penny in dividends. We're such a lawless set of people

No try am for Buhari era, he's looking for money to distribute for election

them problem

Whats this all about? Can someone please explain?

Nice

Savings bond

What's the minimum and how much for each unit

Not bad

I need a concise but comprehensive explanation please, ee learn everyday, thanks

Good

Please can somebody that understands and knows about bond tell me how this works?... I'm interested please

Can a corps member buy? How much for a unit and how does it work?

Smart way to find election money without raising eyebrow

Bond that will turn to financial bondage.

Thank you Goodluck jonathan

It'll be a worthy investment if there won't at any point in next 2 years be an inflation equal or greater than the 11.3% interest payable quarterly. The decision to invest had to be weighed viz a viz the eventual value of money at the end of the term.

nPower and prospective corpers, you should invest in this. Your savings will always be there, but your investments will always increase your savings and ability to save.

Nlders financial experts
Break it down to our understanding

What are the likely risk involve

NaijaTalkTown:
nPower and prospective corpers, you should invest in this. Your savings will always be there, but your investments will always increase your savings and ability to save.

How much are they earning that can buy a meaningful quantity? So, they should invest 18k for two years at 11% per year? So, how much will that yield? Or you think annum means month?

abumoney:
Hope this bond will not be like that scam Daar communications and Raypower put up in 2008? Till now, I haven't gotten a penny in dividends. We're such a lawless set of people

fed govt bond compared to private whatever??...u appear high or ignorant

i think buying this bond and liquidating after 3month or more won't be bad idea...pusyiter, lefulefu what do you guys think?

Owutuotuo:
It'll be a worthy investment if there won't at any point in next 2 years be an inflation equal or greater than the 11.3% interest payable quarterly. The decision to invest had to be weighed viz a viz the eventual value of money at the end of the term.

With salary increase in view, there is the likelihood of higher inflation rate over the period in view.

It doesn't look profitable.

More explanations needed

There interest rate is to poor I prefer T bills

Okay

rock003:


How much are they earning that can buy a meaningful quantity? So, they should invest 18k for two years at 11% per year? So, how much will that yield? Or you think annum means month?

18k for 24 months at 11% is better than 18k for 24 months and looking back and having nothing to show for it. Stop thinking the way you are thinking right now.

sirBLUNT:
i think buying this bond and liquidating after 3month or more won't be bad idea...pusyiter, lefulefu what do you guys think?

You must hold for 2-3 years

anjilgreat:
More explanations needed

Government (savings) bonds are assets in form of cash that are lend to the federal government for a duration of more than a year by individuals like me and you or corporate organisations and interest is paid quarterly and its not subject to withholding tax.

You can also read about Nigeria treasury bill, this is also financial instruments issue by government and the duration is less than a year. Also it's not subject to withholding tax and interest is paid upfront unlike fixed /savings account that's paid at the end of the duration.




Read more;https://www.nairaland.com/878880/treasury-bills-nigeria/563