4601CE:
Yes, these CSCS people aren’t responding to my mails .
I sha know they will credit me my bond units before They’ll bring August subscription offer.
Thanks for the assistance

It’s finally back on my CSCS portfolio. ☺️☺️
Even tho I didn’t receive any text message from dmo
God bless Nigeria
Cc Ihelp, Kopling .
Thank you

4601CE:
It’s finally back on my CSCS portfolio. ☺️☺️
Even tho I didn’t receive any text message from dmo
God bless Nigeria
Cc Ihelp, Kopling .
Thank you

Ok. Hope it doesn't disappear again.

IHelp:

Ok. Hope it doesn't disappear again.

I have a question though.
Please
Will my Capital be paid at maturity into the account I provided on that Savings bond form? Or the one I provided when opening CSCS account?

4601CE:

I have a question though.
Please
Will my Capital be paid at maturity into the account I provided on that Savings bond form? Or the one I provided when opening CSCS account?

It will be paid into the same account your coupon/interest is paid

IHelp:

It will be paid into the same account your coupon/interest is paid

Okay thanks

August 2018 offer rate

This month the rate increased by 0.185

2years - 10.668% per annum
3years - 11.668% per annum

IHelp:
August 2018 offer rate

This month the rate increased by 0.185

2years - 10.668% per annum
3years - 11.668% per annum

Hey guys!

I would love to invest in FGN savings bond come September but the issue i ve got not is that I do not know how to go about it. Can someone please help me with a step by step guide on how to go about it.

Thanks.

Open an account with a stockbroking firm. Complete the FGN savings bond form and submit to your stockbroker with the amount to be invested. The list of stockbrokers and form can be found on the Debt Management Office website.

Flocky:
Hey guys!

I would love to invest in FGN savings bond come September but the issue i ve got not is that I do not know how to go about it. Can someone please help me with a step by step guide on how to go about it.

Thanks.

Kolping:
Open an account with a stockbroking firm. Complete the FGN savings bond form and submit to your stockbroker with the amount to be invested. The list of stockbrokers and form can be found on the Debt Management Office website.

What do you think about Morgan capital?

Unfortunately, I don't know anything about Morgan Capital so I can't comment.

peacengine:



What do you think about Morgan capital?

Kolping:
Unfortunately, I don't know anything about Morgan Capital so I can't comment.

Bro, which one can u recommend?

I am not in the habit of recommending for people. I would just say find a stockbroker that will cater to your needs and that can also provide you services no matter your location in the world.

peacengine:


Bro, which one can u recommend?

September 2018 offer rate

This month the rate increased by 0.696

2years - 11.364% per annum
3years - 12.364% per annum

Please when do you get the interest in your bank accounts on the coupon payment dates .
I mean ,what time?
Is it in the morning?
Has it ever been delayed till next day ?
IHelp ,Kolping … please I need your review before I make some decisions.
Thanks .
God bless.

4601CE:
Please when do you get the interest in your bank accounts on the coupon payment dates .
I mean ,what time?
Is it in the morning?
Has it ever been delayed till next day ?
IHelp ,Kolping … please I need your review before I make some decisions.
Thanks .
God bless.

The delay I have ever had was for my first coupon payment. I had issue with the bank details I submitted. It was later resolved and paid.
Apart from that, payment has been made same day indicated on the subscription form.
Sometimes it drops in the morning, some other time in the evening.
I received payment yesterday by 5pm and today 4pm

@4601CE
All interest payments are made to designated bank accounts on the days (once every quarter) specified in the bond subscription offer document , usually before the close of business. No interests payments have ever been made a day earlier or delayed to the next day.

I'll just say this, once you become a creditor to the Federal Government of Nigeria via bonds, your debt will be paid as and when due without failure.

Join the club!

4601CE:
Please when do you get the interest in your bank accounts on the coupon payment dates .
I mean ,what time?
Is it in the morning?
Has it ever been delayed till next day ?
IHelp ,Kolping … please I need your review before I make some decisions.
Thanks .
God bless.

IHelp.
How do you distribute your investments between Savings Bond and Stocks ?
I just want to learn o

Olohunjedalo:
IHelp.
How do you distribute your investments between Savings Bond and Stocks ?
I just want to learn o

IHelp

Olohunjedalo:
IHelp.
How do you distribute your investments between Savings Bond and Stocks ?
I just want to learn o

What works for me might not work for you.
My investment in bonds is more of my retirement fund. While my stock investment is spare fund I risk for higher returns.

IHelp:


What works for me might not work for you.
My investment in bonds is more of my retirement fund. While my stock investment is spare fund I risk for higher returns.

Hmm ! This makes perfect sense.
Thanks Sir/Ma

Hi everyone, i am new to this thread but i have read up from, start to finish.. great job.

I have a question giving the upcoming elections, how will that affect our investments both in savings bond and treasury bill. I will appreciate your thoughts. Thanks

Ameera2018:
Hi everyone, i am new to this thread but i have read up from, start to finish.. great job.

I have a question giving the upcoming elections, how will that affect our investments both in savings bond and treasury bill. I will appreciate your thoughts. Thanks

ON FEAR OF FUND
You have nothing to worry about as this is one of the safest place your money could be at the moment.

ON RATE
I think the rates have a higher chance of going up than going down for now.

What is the difference between FG bond and treasury bills.

Ehuatamuigunisi:
What is the difference between FG bond and treasury bills.

FGN Bond or Fg Savings Bond?

Ehuatamuigunisi:
What is the difference between FG bond and treasury bills.

Fg Bond has minimum of 5 years tenor and you get your interest biannually.
I.e ,every 6 months . The minimum amount you can invest is ten thousand naira .

Fg Savings Bond has a tenor of 2 and 3 years and you get your interest quarterly . I.e, four times a year . That’s every three months .
The minimum amount you can invest is five thousand naira . And maximum of fifty million naira .

Treasury Bills has a tenor of maximum 365 days and you get your complete interest upfront . The minimum amount you can invest varies with different banks . But for most banks ... the minimum as at today 30 September 2018 is one hundred thousand naira .

October 2018 offer rate

This month the rate reduced by 0.189

2years - 11.175% per annum
3years - 12.175% per annum

IHelp:
October 2018 offer rate

This month the rate reduced by 0.189

2years - 11.175% per annum
3years - 12.175% per annum

Omg
The calendar I have says October 8 to 12.
Thank you very much for this update. I hope I can meet up before Friday.

Olohunjedalo:

Fg Bond has minimum of 5 years tenor and you get your interest biannually.
I.e ,every 6 months . The minimum amount you can invest is ten thousand naira .

Fg Savings Bond has a tenor of 2 and 3 years and you get your interest quarterly . I.e, four times a year . That’s every three months .
The minimum amount you can invest is five thousand naira . And maximum of fifty million naira .

Treasury Bills has a tenor of maximum 365 days and you get your complete interest upfront . The minimum amount you can invest varies with different banks . But for most banks ... the minimum as at today 30 September 2018 is one hundred thousand naira .

Thanks for the explanation

Flattino:

Omg
The calendar I have says October 8 to 12.
Thank you very much for this update. I hope I can meet up before Friday.

I was also surprised when I saw it.
#ThisIsNigeria