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Nairaland Forum / Nairaland / General / Investment / Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits (758 Views)
Federal Government Bonds / Which Is Better; Fixed Deposit Or Bonds? / Bonds Investors Hub (2) (3) (4)
Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by rossyc(f): 11:07am On Aug 29, 2017 |
How does it work? |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by Nobody: 1:09pm On Oct 27, 2017 |
rossyc:Hlo sis, came across ur post on idanre, I plan on visiting Idanre soon. Pls can you give me directions to the place . Thanks. I could come from either Lagos or akure. As per the bonds, have you gotten what you wanted? I trade in bonds, when I have I'm not using. Could give some perspectives too |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by rossyc(f): 2:42pm On Oct 27, 2017 |
Frenchfriez:I went there during my youth service in ondo state, don't really know the direction. If you are going from Akure to idanre u can ask for direction from the park. No I don't really know how the bond thing works, wanted to buy from First bank but they said they have closed so I didn't bother again. You can enlighten me. |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by Nobody: 4:14pm On Oct 27, 2017 |
rossyc:Well, bonds(more appropriately called Treasury Bills or T-Bills) are a secure and fail safe means of investment. There are different kinds of bonds but for starters, the FGN Bonds are cool. All you need are the cash and the middle man who could be your bank or stockbroker. Different financial housed have different rules and minimum amount to invest but the interests are generally even |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by Nobody: 4:19pm On Oct 27, 2017 |
Regularly, FG issues bonds with tenors(expiry dates) usually in multiple of 30days but the longer he tenor, the more the profit. For my bank(UBA), the minimum investment is 1m, the bank would let you know which tenors are available and the 'going profit'. For example, I usually prefer the 90day tenor which comes at 17-19% per annum. So if i invest 1m, I get a profit of about 15k or therabout |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by rossyc(f): 5:11pm On Oct 27, 2017 |
Frenchfriez:Drop ur WhatsApp line let me chat u up. |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by Nobody: 5:26pm On Oct 27, 2017 |
Re: Federal Government Bonds: Please Enlighten Me On The Procedures And Benefits by rossyc(f): 5:55pm On Oct 27, 2017 |
Frenchfriez:seen |
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