₦airaland Forum

Good Morin hux... just got my Sukuk bond subscription confirmed... Payment starts from June 29.... All united subscribed for was allotted to me... Tnk God I go enjoy 13% for the next 10 years

Gud afternoon hux .... Plz any update on sukuk4 allotment ? Still waiting to hear from DMO

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

How do one subscribe to this 2021 sukuk bond??

[quote author=emmanuelewumi post=102795662]Don't expect any payment today[/quote
Lol I got my alert already.... E shock u �

TotoNaRubber:
Sukuk alert never enter o
The thing don suppose ring gbagam for account. Make somebori call Buhari ask hwfar. Anyway maybe dem dey wait midnight.

I remember someone said he was double paid here during the last SUKUK coupon payment, can you indicate if you receive double payment again or no payment?

I was double paid oh am even thinking dat is why I haven't seen any alert yet oh

Good evening hux... Hope we should be expecting our next sukuk3 rental payment by June 16 ���

hoyo:
N280k

Good .... I got 560k

hoyo:
Use Principal × Rate × Time / 36500

Use ur formular to calculate the interest for 5M and tell me

[quote author=hoyo post=97137801]I guess your calculation is Principal × Interest/ 100 which will give you 100% of what you invested now but it's the wrong formula[/quot
e]
What is the right formular ?

emmanuelewumi:
He will vomit the excess payment, even if he sells his bond in the secondary market

Na den negligent so not my concern... The highest den go do b say den no go pay me the next payment����

emmanuelewumi:
DMO will soon write you, your gain is someone's loss. They will investigate and a restitution will be made

Am waiting for them

emmanuelewumi:
Really, it will be difficult for them to make that mistake

Well i will wait and see what i will get by June 2021 the next payment

.

emmanuelewumi:
It is per annum, you got half of it now the other half will be paid in 6 months time.

What i got is 11.2% of what i invested am surprised

.

I got this from him

Good day my big investment gurus in the house. Has anyone try Lotus Halal Fixed Income Fund? A stuff who i subscribed my Sukuk3 bond through sent me some documents and said they offer ROI of 13% on average annually .

purpose08:
I am interested sir. I also wondered how 10m will result in 46m at 16.5% in 10years. I thought if you get 16.5% every year on your 10m, you'd have 1.65m annually and 16.5m accumulated after 10years if you add that to 10m that's 26.5m. How have I missed it, sir?

Also sir, how would i know when the next primary market offering is out? what do I need to track and how do I know if the rates are wise to invest in or not.

Thanks

Bros the 46m they box ur head lol ok here is the calculation
Using compound interest formal : P(1+r)^n
Where P= principal(10m), r= rate(0.165), n = numbers of years (10yes)
10,000,000(1+0.165)^10
10,000,000(1.165)^10
10,000,000* 4.6053
= 46,053,140.73

vacanci:
What was the rental dates on your letter please, including the first rental date. Mine is June 16 and December 16 annually

Same with mine

Thanks to everyone who gave some tips during the subscription process (sukuk bond) ���

Wow .... I got all units subscribed for at sukuk bond allotted to me... If one door close another one must open.... TB down... Bond come up... Sure of 11.20% for the next 7 years

aieromon:
Confirmed!!!

https://www.lotuscapitallimited.com/sukuk/FGN_SUKUK_3_FAQS_FINAL.pdf

Thanks boss

Please house help me to confirm this account for the Sukuk bond for Zenith bank. Thanks

Bank : Zenith Bank Plc
Account Name: FGN Roads Sukuk Issue Proceeds Account 3
Account Number: 1017166578

freeman67:
You do may no need your bank to increase your transfer limit if you are in Nigeria and in an area where you can go into a branch of your bank bank for transaction. Transfer done from within the banking hall has no limit.

Okay thanks bro...

Mills55:
Check your email. I have sent the form to you.

I have seen it ,
Thanks bro.... Appreciated

Mills55:
I printed the form, after filling it, I scanned it with the teller and send.

Please can you give me the link where you printed the form from? Oghesco@gmail.com thanks

Mills55:
I did normal transfer in the bank. and uploaded the teller with the form.

Thanks for your reply... You did you application online or manual form? I mean the form you submitted along with the transfer teller

Mills55:
Thank you so much brother for your assistance. I actually corrected the account number to this Stanbic account 0035763997. I am trying to send a mail to stockbroking@stanbicibtc.com
the form and the payment slip. God bless you

Plz enlighten me about the payment slip... Did u do direct deposit, mobile transfer or normal transfer inside the bank.? Thanks

I got this mail from Lotus Financial service limited
" Thank you for subscribing to the 3rd FGN Sukuk Issuance. You are almost done!

Your application however is INCOMPLETE until you pay for your subscription.

Kindly click on the PAY NOW button to complete your application."

Hope am on track? I just hope my bank increase my transfer limit by monday so i meet up with deadline...

oludy:
Yes, you are right, you will get an allotment advice if successful. What happens if not successful? Never experienced that anyway. I guess you will be notified still and refunded.

I was told by one of the agent of lotus that am chatting with on whatsapp that the amount not allotted will be refunded back to your account

emmasoft:
My bros what were you expecting when you make Enquiries? In investment, there is a little bit of courage added to due diligence to make informed decisions. Zenith bank is an institution that is verifiable. Walk in and check up. On the sukuk form you can see banks listed. Use anyone. True there are bad guys but it's a global thing. Nigeria is not an exception. To allay your fears read some recent past pages on this thread there are enough guidance. The primary auction for this sukuk is time bound if you are interested don't waste time. By Tuesday it's all over. All the best

Thanks bros