Commercial Papers - Investment (3) - Nairaland
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Commercial Papers In Nigeria / If You Can Access A Bank Loan, Then You Can Access Commercial Papers / Commercial Papers (cps) - How You Too Can Benefit From This Debt Instrument (2) (3) (4)
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| Re: Commercial Papers by ernie4life(m): 7:23am On Sep 22, 2020 |
abraolas1: None is available for now. |
| Re: Commercial Papers by abraolas1: 9:44am On Sep 22, 2020 |
| Re: Commercial Papers by charlesogbonna(m): 1:09pm On Sep 23, 2020 |
Since commercial paper is not available for now, why not try UKDION investment, we have good packages and good ROI We are registered with SEC and your funds are safe |
| Re: Commercial Papers by benedictuyi(m): 1:43pm On Sep 23, 2020 |
charlesogbonna:How can I contact you? |
| Re: Commercial Papers by charlesogbonna(m): 4:00pm On Sep 23, 2020 |
charlesogbonna@ukdioninvestment.com |
| Re: Commercial Papers by jpphilips(m): 10:11pm On Feb 06, 2021 |
ernie4life: No bank or fund manager will offer you this rate on this CP, never!! while they ensure you indemnify them of all liabilities, your money takes all the risk while they make all the profit. |
| Re: Commercial Papers by damilola1978: 3:47am On Feb 07, 2021 |
jpphilips:did you look at the dates  ? |
| Re: Commercial Papers by jpphilips(m): 5:12am On Feb 11, 2021 |
ernie4life: Getting this directly is the problem. |
| Re: Commercial Papers by jpphilips(m): 5:12am On Feb 11, 2021 |
| Re: Commercial Papers by freeman67: 8:11am On Feb 20, 2021 |
CORPORATE DEALSDEAL: Dufil Prima announces N30 billion Series 3 & 4 Commercial Paper Dufil Prima has announced the issuance of its N30 billion Series 3 & 4 Commercial Paper Notes. Dufil Prima Foods Plc, Nigeria’s pioneer, and largest producer of noodles has announced the issuance of its N30 billion Series 3 & 4 Commercial Paper Notes Under the Company’s Commercial Paper Issuance Programme. The paper will be listed on the FMDQ trading platform a few days after its allotment date. Dufil, a leader in the Nigerian fast-moving consumer goods segment made this disclosure in an Investor Presentation sighted by Nairametrics today, the 19th of February 2021. In line with the information contained in the document, the company plans to raise as much as N30 billion through its Series 3 notes, and an additional N30 billion from its Series4 notes under its Commercial Paper Issuance Programme. However, offer for the N30 billion Series 3 & 4 Commercial Paper which will be officially issued on the 2nd of March 2021, and subsequently listed on the FMDQ trading platform, have been flagged open for interested participant today, 19th of February, the offer is expected to close by the 26th of this month. Key highlights of the Papers The N30 billion Series 3 Commercial Paper comes with a 182-day tenor has an implied yield of 4%, and it is expected to mature on 31st August 2021. The Register for the Series 3 paper will be closed from 24 August 2021 until the Maturity Date. The N30 billion Series 4 Commercial Paper issued by Dufil under its Commercial Paper Issuance Programme with a 262-day tenor and a maturity date pegged at 25th of November 2021, comes with a 5% implied yield range. The Register for the Series 4 paper will be closed from 18 November 2021 until the Maturity Date. https://nairametrics.com/2021/02/19/deal-dufil-prima-announces-n30-billion-series-3-4-commercial-paper/ |
| Re: Commercial Papers by ernie4life(m): 10:08am On Feb 20, 2021 |
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| Re: Commercial Papers by damilola1978: 2:58am On Mar 17, 2021 |
Please anyone with update on commercial papers?, I see interest rates are climbing slowly |
| Re: Commercial Papers by ernie4life(m): 8:13am On Mar 17, 2021 |
damilola1978: MTN commercial paper is currently available |
| Re: Commercial Papers by OgogoroFreak(m): 9:43am On Mar 17, 2021 |
ernie4life:Rate? |
| Re: Commercial Papers by ernie4life(m): 10:13am On Mar 17, 2021 |
OgogoroFreak: 4.97% and 6.01% Yields on the 180-Day & 270-Day Tenors |
| Re: Commercial Papers by damilola1978: 4:49am On Apr 14, 2021 |
Mixta
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| Re: Commercial Papers by freeman67: 11:46am On Aug 01, 2021 |
@ernie4life |
| Re: Commercial Papers by RayRay06677(m): 10:16am On Oct 18, 2022 |
Thanks guys, let's go |
| Re: Commercial Papers by RayRay06677(m): 12:13pm On Mar 26, 2023 |
Good luck
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| Re: Commercial Papers by freeman67: 12:58pm On Mar 26, 2023 |
Daraju CP. Flour Mills Corporate Bond is about will soon come up too.
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| Re: Commercial Papers by ejijorice: 5:06pm On Mar 26, 2023 |
Pls, how do we invest in this commercial paper? Thank you. |
| Re: Commercial Papers by freeman67: 7:53pm On Mar 26, 2023 |
ejijorice: RayRay06677: For this, you can google 'Afrinvest' or 'Coronation Merchant Bank' look for their contact there and mail/call their Customer Service. You will get a reply on how to go about it. It's not a complicated thing. Once you display people's phone numbers and email address here now scammers will want to feast on them. freeman67: For this, contact coronation merchant bank too. You will get an instant reply. 2 Likes |
| Re: Commercial Papers by ernie4life(m): 8:20am On Mar 27, 2023 |
RayRay06677: For this you can contact me |
| Re: Commercial Papers by NL1960: 8:00pm On Mar 27, 2023 |
. |
| Re: Commercial Papers by amordi: 7:27pm On Apr 13, 2023 |
. |
| Re: Commercial Papers by RayRay06677(m): 12:52am On Apr 14, 2023 |
Any paper anywhere? |
| Re: Commercial Papers by sirrotex: 8:40am On Apr 14, 2023 |
Can anyone educate me on the risk involved in CP and safety of the funds |
| Re: Commercial Papers by ernie4life(m): 11:28am On Apr 14, 2023 |
Let's do a short refresher course on commercial papers. Commercial papers are unsecured money market debt instruments used by organisation with good cash flows to raise short term working capital. Key points Commercial papers are the following - usually unsecured that means no collateral is provided by the organisation. - money market instrument meaning the highest maturity on commercial papers can not be more than a year. - proceed from commercial papers are usually used for working capital like buying raw materials or other input materials. It's also worthy of note that commercial papers are discounted instruments meaning when you invest you have the opportunity of getting your interest upfront and then your capital back on maturity. 2 Likes |
| Re: Commercial Papers by ernie4life(m): 11:28am On Apr 14, 2023 |
What should you consider when investing in commercial papers? First is the company, considering commercial papers are unsecured debt instruments you must ensure that the company has the ability to pay back your funds to avoid stories that touch, one major way to check this is through their credit rating and the rating agency that rated them. Also check their financials if possible who prepared the audit (personally I have preference for the big 5). In their financials what you should be after is their net profit and the cash flows (you can meet a financial analyst for this). Net Interest rate should be considered when investing in commercial papers, remember that interest on commercial papers investments are subject to withholding tax, you should compare it with similar investment with lower risk like treasury bill and decide if the premium (extra interest) is worth the risk. Lets say company XYZ is offering a 365 days commercial paper at 15% when treasury bills for Same Tenor is offering 14.5% it means the premium for the extra risk is 0.5%, so the question is, is 0.5% worth the extra risk of investing in XYZ commercial paper? 2 Likes |
| Re: Commercial Papers by ernie4life(m): 11:38am On Apr 14, 2023 |
Some commercial papers may be guaranteed by another company, Lapo bank or issuing house may guarantee the XYZ commercial papers, this means if you invest in XYZ commercial paper and upon maturity XYZ is unable to pay you, Lapo will pay you back your money, this is a way of adding more security to the commercial paper and boast investors confidence especially for companies that are new in the market. Disclaimer : All the above are for educational purpose always consult your financial advisor and do your due diligence before investing in any thing. 1 Like 1 Share |
| Re: Commercial Papers by freeman67: 12:22pm On Apr 14, 2023 |
RayRay06677: They not sent me any notifications for CO since like 2 weeks now. The last I got is on 24/3/23. However, I have got notifications for 2 Bonds. 1 Corporate Bond bond from Flour Mills of Nig PLC and a Sub National Bond from River Jamieson SPV ( C/o Edo State Gov).
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