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FGN Savings Bond - Investment (4) - Nairaland

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FG's Savings Bond September Offer Closes 7th September / FGN Savings Bond / Federal Government To Sell N5,000 Savings Bond To Public (2) (3) (4)

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Re: FGN Savings Bond by Nobody: 9:17am On Jul 24, 2018
4601CE:
Yes, these CSCS people aren’t responding to my mails .
I sha know they will credit me my bond units before They’ll bring August subscription offer.
Thanks for the assistance
It’s finally back on my CSCS portfolio. ☺️☺️
Even tho I didn’t receive any text message from dmo
God bless Nigeria cheesy tongue
Cc Ihelp, Kopling .
Thank you
Re: FGN Savings Bond by IHelp: 9:59am On Jul 24, 2018
4601CE:
It’s finally back on my CSCS portfolio. ☺️☺️
Even tho I didn’t receive any text message from dmo
God bless Nigeria cheesy tongue
Cc Ihelp, Kopling .
Thank you
Ok. Hope it doesn't disappear again.
grin
Re: FGN Savings Bond by Nobody: 10:44pm On Jul 29, 2018
IHelp:

Ok. Hope it doesn't disappear again.
grin
grin
I have a question though.
Please
Will my Capital be paid at maturity into the account I provided on that Savings bond form? Or the one I provided when opening CSCS account?
Re: FGN Savings Bond by IHelp: 8:03am On Jul 30, 2018
4601CE:
grin
I have a question though.
Please
Will my Capital be paid at maturity into the account I provided on that Savings bond form? Or the one I provided when opening CSCS account?
It will be paid into the same account your coupon/interest is paid
Re: FGN Savings Bond by Nobody: 8:50am On Jul 30, 2018
IHelp:

It will be paid into the same account your coupon/interest is paid
Okay thanks
Re: FGN Savings Bond by IHelp: 12:43pm On Aug 06, 2018
August 2018 offer rate

This month the rate increased by 0.185

2years - 10.668% per annum
3years - 11.668% per annum

Re: FGN Savings Bond by Nobody: 8:54pm On Aug 08, 2018
IHelp:
August 2018 offer rate

This month the rate increased by 0.185

2years - 10.668% per annum
3years - 11.668% per annum
grin
Re: FGN Savings Bond by Flocky: 3:00pm On Aug 19, 2018
Hey guys!

I would love to invest in FGN savings bond come September but the issue i ve got not is that I do not know how to go about it. Can someone please help me with a step by step guide on how to go about it.

Thanks.
Re: FGN Savings Bond by Kolping: 9:52pm On Aug 19, 2018
Open an account with a stockbroking firm. Complete the FGN savings bond form and submit to your stockbroker with the amount to be invested. The list of stockbrokers and form can be found on the Debt Management Office website.


Flocky:
Hey guys!

I would love to invest in FGN savings bond come September but the issue i ve got not is that I do not know how to go about it. Can someone please help me with a step by step guide on how to go about it.

Thanks.

2 Likes

Re: FGN Savings Bond by peacengine(m): 5:02pm On Aug 20, 2018
Kolping:
Open an account with a stockbroking firm. Complete the FGN savings bond form and submit to your stockbroker with the amount to be invested. The list of stockbrokers and form can be found on the Debt Management Office website.




What do you think about Morgan capital?
Re: FGN Savings Bond by Kolping: 7:43pm On Aug 20, 2018
Unfortunately, I don't know anything about Morgan Capital so I can't comment.

peacengine:



What do you think about Morgan capital?
Re: FGN Savings Bond by peacengine(m): 4:59am On Aug 21, 2018
Kolping:
Unfortunately, I don't know anything about Morgan Capital so I can't comment.


Bro, which one can u recommend?
Re: FGN Savings Bond by Kolping: 11:37am On Aug 21, 2018
I am not in the habit of recommending for people. I would just say find a stockbroker that will cater to your needs and that can also provide you services no matter your location in the world.

peacengine:


Bro, which one can u recommend?

1 Like

Re: FGN Savings Bond by IHelp: 8:29am On Sep 03, 2018
September 2018 offer rate

This month the rate increased by 0.696

2years - 11.364% per annum
3years - 12.364% per annum

Re: FGN Savings Bond by Nobody: 11:29am On Sep 14, 2018
Please when do you get the interest in your bank accounts on the coupon payment dates .
I mean ,what time?
Is it in the morning?
Has it ever been delayed till next day ?
IHelp ,Kolping … please I need your review before I make some decisions.
Thanks .
God bless.
Re: FGN Savings Bond by IHelp: 5:39pm On Sep 14, 2018
4601CE:
Please when do you get the interest in your bank accounts on the coupon payment dates .
I mean ,what time?
Is it in the morning?
Has it ever been delayed till next day ?
IHelp ,Kolping … please I need your review before I make some decisions.
Thanks .
God bless.

The delay I have ever had was for my first coupon payment. I had issue with the bank details I submitted. It was later resolved and paid.
Apart from that, payment has been made same day indicated on the subscription form.
Sometimes it drops in the morning, some other time in the evening.
I received payment yesterday by 5pm and today 4pm
Re: FGN Savings Bond by Kolping: 11:00am On Sep 15, 2018
@4601CE
All interest payments are made to designated bank accounts on the days (once every quarter) specified in the bond subscription offer document , usually before the close of business. No interests payments have ever been made a day earlier or delayed to the next day.

I'll just say this, once you become a creditor to the Federal Government of Nigeria via bonds, your debt will be paid as and when due without failure.

Join the club!

4601CE:
Please when do you get the interest in your bank accounts on the coupon payment dates .
I mean ,what time?
Is it in the morning?
Has it ever been delayed till next day ?
IHelp ,Kolping … please I need your review before I make some decisions.
Thanks .
God bless.

1 Like

Re: FGN Savings Bond by Olohunjedalo(m): 11:36pm On Sep 23, 2018
IHelp.
How do you distribute your investments between Savings Bond and Stocks ?
I just want to learn o
Re: FGN Savings Bond by Olohunjedalo(m): 11:42pm On Sep 23, 2018
Olohunjedalo:
IHelp.
How do you distribute your investments between Savings Bond and Stocks ?
I just want to learn o
IHelp
Re: FGN Savings Bond by IHelp: 11:51pm On Sep 23, 2018
Olohunjedalo:
IHelp.
How do you distribute your investments between Savings Bond and Stocks ?
I just want to learn o

What works for me might not work for you.
My investment in bonds is more of my retirement fund. While my stock investment is spare fund I risk for higher returns.

2 Likes

Re: FGN Savings Bond by Olohunjedalo(m): 11:53pm On Sep 23, 2018
IHelp:


What works for me might not work for you.
My investment in bonds is more of my retirement fund. While my stock investment is spare fund I risk for higher returns.
Hmm ! This makes perfect sense.
Thanks Sir/Ma
Re: FGN Savings Bond by Ameera2018(f): 3:05pm On Sep 27, 2018
Hi everyone, i am new to this thread but i have read up from, start to finish.. great job.

I have a question giving the upcoming elections, how will that affect our investments both in savings bond and treasury bill. I will appreciate your thoughts. Thanks

1 Like

Re: FGN Savings Bond by IHelp: 8:14am On Sep 28, 2018
Ameera2018:
Hi everyone, i am new to this thread but i have read up from, start to finish.. great job.

I have a question giving the upcoming elections, how will that affect our investments both in savings bond and treasury bill. I will appreciate your thoughts. Thanks

ON FEAR OF FUND
You have nothing to worry about as this is one of the safest place your money could be at the moment.

ON RATE
I think the rates have a higher chance of going up than going down for now.
Re: FGN Savings Bond by Nobody: 1:24pm On Sep 30, 2018
What is the difference between FG bond and treasury bills.
Re: FGN Savings Bond by Olohunjedalo(m): 1:28pm On Sep 30, 2018
Ehuatamuigunisi:
What is the difference between FG bond and treasury bills.
FGN Bond or Fg Savings Bond?
Re: FGN Savings Bond by Olohunjedalo(m): 2:32pm On Sep 30, 2018
Ehuatamuigunisi:
What is the difference between FG bond and treasury bills.
Fg Bond has minimum of 5 years tenor and you get your interest biannually.
I.e ,every 6 months . The minimum amount you can invest is ten thousand naira .

Fg Savings Bond has a tenor of 2 and 3 years and you get your interest quarterly . I.e, four times a year . That’s every three months .
The minimum amount you can invest is five thousand naira . And maximum of fifty million naira .

Treasury Bills has a tenor of maximum 365 days and you get your complete interest upfront . The minimum amount you can invest varies with different banks . But for most banks ... the minimum as at today 30 September 2018 is one hundred thousand naira . undecided

3 Likes

Re: FGN Savings Bond by IHelp: 7:32pm On Oct 02, 2018
October 2018 offer rate

This month the rate reduced by 0.189

2years - 11.175% per annum
3years - 12.175% per annum

Re: FGN Savings Bond by Flattino(m): 9:15pm On Oct 02, 2018
IHelp:
October 2018 offer rate

This month the rate reduced by 0.189

2years - 11.175% per annum
3years - 12.175% per annum
Omg shocked
The calendar I have says October 8 to 12.
Thank you very much for this update. I hope I can meet up before Friday.
Re: FGN Savings Bond by Nobody: 11:59pm On Oct 02, 2018
Olohunjedalo:

Fg Bond has minimum of 5 years tenor and you get your interest biannually.
I.e ,every 6 months . The minimum amount you can invest is ten thousand naira .

Fg Savings Bond has a tenor of 2 and 3 years and you get your interest quarterly . I.e, four times a year . That’s every three months .
The minimum amount you can invest is five thousand naira . And maximum of fifty million naira .

Treasury Bills has a tenor of maximum 365 days and you get your complete interest upfront . The minimum amount you can invest varies with different banks . But for most banks ... the minimum as at today 30 September 2018 is one hundred thousand naira . undecided


Thanks for the explanation
Re: FGN Savings Bond by IHelp: 7:56am On Oct 03, 2018
Flattino:

Omg shocked
The calendar I have says October 8 to 12.
Thank you very much for this update. I hope I can meet up before Friday.

I was also surprised when I saw it.
#ThisIsNigeria

1 Like

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