Thehilah4jesus:


Please boss kindly respond to my email as am trying to message you.thanks

Thehilah4jesus:
Please help me,how do l complete the sukuk application form.l can't edit it.do l print it out and fill then scan it back to the email address. Biko l need urgent answer.thank you in anticipation

Thehilah4jesus:
Please what is the E-allotment details on the sukuk form(Applicant S4/Custodian A/C. I am pretty new to these things but l just registered my Cscs

Thehilah4jesus:
Please help me,how do l complete the sukuk application form.l can't edit it.do l print it out and fill then scan it back to the email address. Biko l need urgent answer.thank you in anticipation

Thehilah4jesus:
Please what is the E-allotment details on the sukuk form(Applicant S4/Custodian A/C. I am pretty new to these things but l just registered my Cscs

freeman67:



Tick CSCS and input your CSCS number in the space provided under. Then Tick CSCS under again.

skydiver01:
Kindly find below todays NTB auction results.

Livestrong:


Please I need some steer. Can someone fill the Sukuk form without d cscs, and then have it inputed in his cscs account later.
I used to operate with cashcraft which is now default, don't know if I can use their cscs, so I'm in process of opening a new stockbroking acct.

emmanuelewumi:



Print it out and fill it.

Send the proof and payment and filled form to Stanbic IBTC Capital the main issuing house to the deal.


I will delete this conversation in the next 4 hours, kindly get all the necessary information you require.

Thehilah4jesus:
Please who is meant to fill the part of the sukuk form for witness and sign? And what does it mean that applicant should not print his signature and if unable to sign the normal manner he should be treated for the purpose of this offer as an illetrate and his right thumb should be clearly

freeman67:



The person meant to fill the witness part is the literate person or the financial adviser filling the form for an intended investors that is not literate or would not be able to sign but thumbprint.

Your second question is self explanatory. You are to sign the form. If anything would make you not to be able to sign, then you thumbprint.

freeman67:



The person meant to fill the witness part is the literate person or the financial adviser filling the form for an intended investors that is not literate or would not be able to sign but thumbprint.

Your second question is self explanatory. You are to sign the form. If anything would make you not to be able to sign, then you thumbprint.

jedisco:
In summary, while we reap the fruits DMO bonds at rates which we know are detrimental to the economy given that the interest is practically new money printed out of thin air, let's not come back and blame the poorer masses who would bear the brunt of our profits when in the coming years when inflation continues to keep above 10%.

jedisco:
In summary, while we reap the fruits DMO bonds at rates which we know are detrimental to the economy given that the interest is practically new money printed out of thin air, let's not come back and blame the poorer masses who would bear the brunt of our profits when in the coming years when inflation continues to keep above 10%.

jedisco:
This brings me to the DMO and longer-term bond offerings... The DMO should work hand in hand with the CBN to harmonize rates

One thing is clear- the Nigerian economy or FGs revenue from such projects is not growing at such a pace to support the interest payments on bonds from income generated. This simply means that whatever interest is paid on local debt is from new money being minted.

Trickle down economics has not worked in any society. The first recipients of new money into an economy would always benefit the most simply because they bank and use their profits before inflation renders whatever gets to those lower down useless.

Following from what emefiele said and what we've seen with TBs, even if bond rates are halved, they'd still be oversubscribed. The question now is, why has the DMO continued to keep rates well above 10% which simply means that inflation will struggle to get below 10%? There should be more ingenious ways of injecting fresh fiat into the economy than rewarding portfolio investors at the expense of the poor masses

ositadima1:


Maybe, or maybe not. If and only if the bond revenue is used for what it was mapped out to be used for. I remember seeing on the DMO website what projects the collected moneys would be used for.

For example,what the roads that will be built will return in value creation, if done well should exceede the coupon payouts.

Olaide1295:


I beg to differ.
The project costs are so high that returns on them are barely enough to meet the interest payment. The government subsidizes train usage prices to make masses happy.

An example is the Lagos-Ibadan railway which costs $1.5Billion to build and currently generates revenue of less than $4million annually. Once operating expenses are factored in, the government is making a loss. Yet interest and capital still need to be paid separately.

Talk not of Abuja-Kaduna railway and Itakpe-warri. They are worse off financially.

Thehilah4jesus:
Please can anyone help me with stanbic ibtc email to forward my fgn sukuk application form and proof of transfer. @emmanuelewumi the stanbic email you sent can you help check and confirm it please.l sent email to the one you sent butthey ask that l follow up with my intended recipient to release.thanks

Thehilah4jesus:
Please can anyone help me with stanbic ibtc email to forward my fgn sukuk application form and proof of transfer. @emmanuelewumi the stanbic email you sent can you help check and confirm it please.l sent email to the one you sent butthey ask that l follow up with my intended recipient to release.thanks

ositadima1:


Maybe, or maybe not. If and only if the bond revenue is used for what it was mapped out to be used for. I remember seeing on the DMO website what projects the collected moneys would be used for.

For example,what the roads that will be built will return in value creation, if done well should exceede the coupon payouts.

emmanuelewumi:


Successful Investors don't do blame games, don't wail , but move on and are on the lookout for the next opportunities.


There will be losses and gains, but generally the gains are more than the losses, so regrets are not in their dictionary.

emmanuelewumi:



Inflation and devaluation are taken into consideration when determining the coupons for fixed income Investments

jedisco:


This is not about wailing or making excuses as I didn't do any of that. It's also not about being a successful investor. I'm simply pointing out the long-term effects of a macroeconomic decision. I can well go on and purchase the bond but wouldn't turn a blind eye to obvious facts cos it suits me
I did this specifically cos on this thread, folks like to climb on a high horse and see the average Nigerian as 'lazy'. I remember when an 'investor' on this thread who owned a BDC was bloating how he made millions weekly by simply round-tripping the dollar, that same person still turned around to blame smugglers for the devaluation of the naira. I had to take out time to let him know he's worse.

Another is the high TB rates that were in play years back
Did we on this thread benefit from it? Yes
Was it of any benefit to the nation? No
Did such rates play a role in the subsequent devaluation of the naira? Yes
Did hapless Nigerians have to bear the brunt of inflation due to a poor decision by their CBN? Yes

Thehilah4jesus:
Please can anyone help me with stanbic ibtc email to forward my fgn sukuk application form and proof of transfer. @emmanuelewumi the stanbic email you sent can you help check and confirm it please.l sent email to the one you sent butthey ask that l follow up with my intended recipient to release.thanks