How do one subscribe to this 2021 sukuk bond??

You can purchase them from the secondary market daily (excluding weekends and public holidays). I think N100k minimum. Your bank or broker can process this for you.

Ojix85:


Can you kindly advise how one can purchase FG Bonds without having the 50m capital? (Retail purchase)

Thanks.

Nero4306:
How do one subscribe to this 2021 sukuk bond??

You can contact any of the receiving bank listed there or your registered stock broker if you have one.

freeman67:


Thank you for this.

Please when is the payment of FGN SUKUK 2020 for December? I was thinking it is yesterday or max today but I haven't seen anything yet.

Likely to drop today

The payment might not drop until 22 Dec upwards, which is the closing date for the newly published Sukuk bond.

The last Sukuk FGN wanted to borrow N150 billion, ended up borrowing N165 billion.

This year they want to borrow over N250 billion, who knows how much they will end up borrowing. The settlement of maturing Sukuk seems to be paid for with monies generated from new subscribers, I think there was another Sukuk in June used to settle accrued interests.

A country is only assumed to handle it's debt portfolio well when the subscribers have money to pump into it, when the money becomes scarce and worthless, foul nyash go open "wozaaaaaa"

Phyde:

Likely to drop today

PresidentBuhari:
The payment might not drop until 22 Dec upwards, which is the closing date for the newly published Sukuk bond.

The last Sukuk FGN wanted to borrow N150 billion, ended up borrowing N165 billion.

This year they want to borrow over N250 billion, who knows how much they will end up borrowing. The settlement of maturing Sukuk seems to be paid for with monies generated from new subscribers, I think there was another Sukuk in June used to settle accrued interests.

A country is only assumed to handle it's debt portfolio well when the subscribers have money to pump into it, when the money becomes scarce and worthless, foul nyash go open "wozaaaaaa"

The expected coupon payment is about 9.2B. that cannot wait till subscribers make payments for the new sukuk. Alerts will drop tonight and latest tomorrow.

PresidentBuhari:
The payment might not drop until 22 Dec upwards, which is the closing date for the newly published Sukuk bond.

The last Sukuk FGN wanted to borrow N150 billion, ended up borrowing N165 billion.

This year they want to borrow over N250 billion, who knows how much they will end up borrowing. The settlement of maturing Sukuk seems to be paid for with monies generated from new subscribers, I think there was another Sukuk in June used to settle accrued interests.

A country is only assumed to handle it's debt portfolio well when the subscribers have money to pump into it, when the money becomes scarce and worthless, foul nyash go open "wozaaaaaa"

please stop spreading false information . naira obligations is the least of governments worries as it relates to debt repayment and servicing

Sukuk just landed. Christmas settlement.

Mills55:
Sukuk just landed. Christmas settlement.

Still waiting for mine oooo

needful:


Still waiting for mine oooo

No need to worry. It will land, provided you have a helipad.

Sukuk payment just landed.... See groove.... I just subscribe for sukuk 4.... E b like say dis sukuk na cum win am oh 12.80% for 10 years.... Oya na

Mills55:
Sukuk just landed. Christmas settlement.

Confirmed.... Mine too has entered.

freeman67:


Confirmed.... Mine too has entered.

YES SUKUK, U R WELCOME!

Mills55:


No need to worry. It will land, provided you have a helipad.

Confirmed, straight to sukuk 4 subscription

needful:


Confirmed, straight to sukuk 4 subscription

You are doing well, use at least 40% of the coupon to buy Eurobond fund, real estate and good stocks that is how to diversify, create a financial plan or build a solid and consistent wealth creating machine.


The only exception is if you are a retiree who needs the income for sustenance

How many of us invested in these?

15.7% and 16.5%


These are the coupon rates for Sukuk 1 and Sukuk 2.


Most of us bought Sukuk 3 at 11.6%, when Treasury Bills crashed

@Oga Emma which is the best way to buy this sukuk fund.Will my stock broker charge commission if I buy through them.And is this a good investment for a child education in Nigeria

Biafran4life:
@Oga Emma which is the best way to buy this sukuk fund.Will my stock broker charge commission if I buy through them.And is this a good investment for a child education in Nigeria

It will close next week Wednesday, get in touch with your Stockbroker or bank. You are not paying commission.

Good for cash flow, coupons will be paid on 24th June and 24th December for the next 10 years

emmanuelewumi:


You are doing well, use at least 40% of the coupon to buy Eurobond fund, real estate and good stocks that is how to diversify, create a financial plan or build a solid and consistent wealth creating machine.


The only exception is if you are a retiree who needs the income for sustenance

God bless you immensly sir. I had plans to invest all my coupon in real estate, amazon, google etc. Your advise few yrs back has been steadily paying. Thank u sir

needful:


God bless you immensly sir. I had plans to invest all my coupon in real estate, amazon, google etc. Your advise few yrs back has been steadily paying. Thank u sir

Remember to also enjoy ur sweat every now and then for the future is uncertain. If the "trumpet" was to be blown today, some of us would miss out on a lot of things within our reach.

Guys check these airdrop is � legit hurry up and grab yours few days left

https://metakings.ai/buy?r=WmED9bSuuA

Mommytas:
Guys check these airdrop is � legit hurry up and grab yours few days left

https://metakings.ai/buy?r=WmED9bSuuA

. Any wey them dey scream legit dey in haste is likely going to bring tears at the end...

No sir, we have hope

freeman67:


. Any wey them dey scream legit dey in haste is likely going to bring tears at the end...

Good morning great investors, Pls fgn bond & sukuk bond, which one is more better in terms of yield?

Akerewe:
Good morning great investors, Pls fgn bond & sukuk bond, which one is more better in terms of yield?

For fgn bonds it depends on the maturity and the yield you buying at. But the sukuk is mostly 10years... So it's almost the same unless that in fgn bonds, there are more extended maturities

The Sukuk tenors are rather lengthy (7 and 10 years) if someone subscribes to them and intends getting out pre-maturity is it guaranteed he/she will suffer a loss on their initial investment?

creategist:
The Sukuk tenors are rather lengthy (7 and 10 years) if someone subscribes to them and intends getting out pre-maturity is it guaranteed he/she will suffer a loss on their initial investment?

Na market forces go determine that one ooo....

Please oga Emma, how can I keep track of these Sukuk offerings?
I'm planning to start saving for the next one after this Sukuk 4 (That will be Sukuk 5, I guess?)
Thanks.

emmanuelewumi:
How many of us invested in these?

15.7% and 16.5%


These are the coupon rates for Sukuk 1 and Sukuk 2.


Most of us bought Sukuk 3 at 11.6%, when Treasury Bills crashed

ositadima1:


Remember to also enjoy ur sweat every now and then for the future is uncertain. If the "trumpet" was to be blown today, some of us would miss out on a lot of things withing our reach.

I no dey joke with enjoyment. I be cruise for that side. Thanks for reminding me about it. Its well noted

bfn1:
Please oga Emma, how can I keep track of these Sukuk offerings?
I'm planning to start saving for the next one after this Sukuk 4 (That will be Sukuk 5, I guess?)
Thanks.

Subscribe to the mailing list of DMO. I will always share the opportunities on this platform

God bless you greatly sir.

You're always a source of inspiration!

I'll subscribe to the DMO mailing list right away.

emmanuelewumi:

Subscribe to the mailing list of DMO. I will always share the opportunities on this platform

I can't understand this banks.I have been to ibtc, zenith and Fbn head offices in uyo. And thr response to this sukuk is they have no mandate to the offer.The Fbn guys said nothing like that is even going on.That the last they had idea was fg saving Bond and it is closed. Is Nigeria all about Lagos and abj .