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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 RayRay06677(m): 4:16pm On Nov 06, 2023 |
Re: Commercial Papers by sirrotex: 5:30pm On Nov 06, 2023 |
Is the interest rate paid upfront on commercial paper like Tbills? |
Re: Commercial Papers by RayRay06677(m): 8:05pm On Nov 06, 2023 |
sirrotex: yes |
Re: Commercial Papers by sirrotex: 8:11pm On Nov 06, 2023 |
Any taxes deducted on the interest please? RayRay06677: |
Re: Commercial Papers by RayRay06677(m): 3:56am On Nov 07, 2023 |
sirrotex: Withholding tax |
Re: Commercial Papers by sirrotex: 6:31am On Nov 07, 2023 |
Many thanks RayRay06677: |
Re: Commercial Papers by narite: 11:27am On Nov 07, 2023 |
freeman67:How do I key into this? Website? App? |
Re: Commercial Papers by freeman67: 9:29am On Nov 08, 2023 |
narite: It was sent to me by Coronation Merchant Bank. You can Google them mail them directly or |
Re: Commercial Papers by narite: 11:44am On Nov 08, 2023 |
freeman67:Thanks! I will get in touch with them. |
Re: Commercial Papers by freeman67: 12:34pm On Nov 08, 2023 |
narite: Ok, please modify this last message and remove the details of the agent there. Thank You |
Re: Commercial Papers by ernie4life(m): 10:14am On Nov 29, 2023 |
Dangote CP is available, reach out if interested.
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Re: Commercial Papers by RayRay06677(m): 1:19pm On Nov 29, 2023 |
ernie4life: Poor rates |
Re: Commercial Papers by ernie4life(m): 3:47pm On Nov 29, 2023 |
RayRay06677: Same with MTN but was over subscribed. |
Re: Commercial Papers by sirrotex: 6:28pm On Nov 29, 2023 |
They are leveraging on their good ratings ernie4life: |
Re: Commercial Papers by ernie4life(m): 7:25pm On Mar 23 |
Open offers 3 Likes
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Re: Commercial Papers by ernie4life(m): 8:26am On Apr 03 |
Cp offer 1 Like
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Re: Commercial Papers by emmaodet: 10:21am On Apr 03 |
Re: Commercial Papers by ernie4life(m): 9:42am On Apr 16 |
New offer 1 Like
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Re: Commercial Papers by ernie4life(m): 1:10pm On Apr 24 |
These rates we see today will not always be here 3 Likes
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Re: Commercial Papers by sirrotex: 5:33pm On Apr 24 |
This looks good. How does one subscribe to it? ernie4life: |
Re: Commercial Papers by sirrotex: 5:44pm On Apr 24 |
What are the applicable taxes that would apply |
Re: Commercial Papers by RayRay06677(m): 5:54pm On Apr 24 |
sirrotex: WHT at 10% And service charge from the entity carrying out the transaction for u but likely in the range of 0.075% or thereabout. |
Re: Commercial Papers by sirrotex: 5:59pm On Apr 24 |
I see. Thank you. Looks like a good deal and their rating is A RayRay06677: |
Re: Commercial Papers by ernie4life(m): 9:45pm On Apr 24 |
sirrotex: I work with Coronation, we can help you buy or your can approach any regulated fund manager to help you buy |
Re: Commercial Papers by freeman67: 11:50pm On Apr 24 |
RayRay06677: If you deal directly with the arrangers most times you would not pay any service charge. It's only stock brokers like Afrinvest that usually charges for their service. Service charge is usually borne by the issuer. The problem I have about WHT on CP is that they don't usually state whether a particular CP is exempted or not till when it is close to maturity. |
Re: Commercial Papers by sirrotex: 6:11am On Apr 25 |
Does going through you give you any form of edge, like meeting up with a target or enabling you to get commission. If yes, then send me an official email address I could deal with and if no, I would reach out to my folks in Greenwich ernie4life: |
Re: Commercial Papers by ernie4life(m): 6:39am On Apr 25 |
freeman67: But you can always ask before investing, for example the last johnvents CP, there was no withholding tax |
Re: Commercial Papers by ernie4life(m): 6:43am On Apr 25 |
sirrotex: We all have deliverables, but for ease of transaction it's better you deal with Greenwich since you already have a relationship with them and you are conversant with their process. But from a point of value, dealing with me could mean I will offer you more investment options in the future that offer better returns. 1 Like |
Re: Commercial Papers by sirrotex: 6:29pm On Apr 25 |
How do I get in touch with you ernie4life: |
Re: Commercial Papers by ernie4life(m): 7:12pm On Apr 25 |
sirrotex: A DM will suffice |
Re: Commercial Papers by freeman67: 12:44am On Apr 26 |
ernie4life: That's true sha. So let me ask. Would they be any tax for FIDSON. Also, what is the difference before the infrastructure fund you guys are floating with NDIF on currently being traded on NGX. Will your pay quarterly dividends too.? |
Re: Commercial Papers by ernie4life(m): 7:38am On Apr 26 |
freeman67: Yes, withholding tax is applicable to Fidson. Not much difference considering we are also deploying the funds to infrastructure project to aid bridge the infrastructure challenges we face as country, however, we are consciously avoiding investment in oil and gas projects. In light of the current high-yield environment, we are aiming for a return of 23% to 24% which represents the yield on a 10 years FGN bond plus 4 percent. Our coupon payments will be distributed on a semi-annual basis, and we intend to list the fund on both the NGX and FMDQ exchanges.” |
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