₦airaland Forum

The total profit is going to be 50k annually and this same amount is going to be paid into your account quarterly.

Good day gurus in the house. i just stumbled on this. please when is the next offer date also is there a minimum amount one can invest. Thanks

debbydee:
Good day gurus in the house. i just stumbled on this. please when is the next offer date also is there a minimum amount one can invest. Thanks

Offer is always the first week of every month.
Minimum amount you can invest is 5K naira , and maximum is 50M naira.

Sukueponmalu:
Offer is always the first week of every month.
Minimum amount you can invest is 5K naira , and maximum is 50M naira.

thanks very much for the quick response. another question can i do it from a commercial bank or let me just ask what are the steps involved. please enlighten me i am new to this. thanks.

isangjohnson:
The total profit is going to be 50k annually and this same amount is going to be paid into your account quarterly.

Thanks boss, which stock broking firm do you recommend

debbydee:
thanks very much for the quick response. another question can i do it from a commercial bank or let me just ask what are the steps involved. please enlighten me i am new to this. thanks.

You have to open a stockbrocking account with a stockbroker .
See the list of accredited stockbrockers here
https://dmo.gov.ng/fgn-bonds/savings-bond/2041-updated-list-of-stockbroking-firms-accredited-by-the-dmo-to-market-and-distribute-fgn-savings-bond/file

However, some stockbrokers are subsidiaries of banks . And you should be able to open a stockbrocking account in their banks.

All of them are licensed. Just pick anyone of your choice sir.

If i invest 10m on bond of 16% and yield of 14% at a price of 120 naira per share. How much will my return be annually. Thanks

ernie4life

Barrytone:
If i invest 10m on bond of 16% and yield of 14% at a price of 120 naira per share. How much will my return be annually. Thanks

DaBogu:
ernie4life

I guess the coupon is 16%,
The price is 120 meaning its selling at a premium.
You will be paid 16% of the face value but effectively your returns will be 14% per annum

ernie4life:
I guess the coupon is 16%,
The price is 120 meaning its selling at a premium.
You will be paid 16% of the face value but effectively your returns will be 14% per annum

Thanks but still confuse. How much in naira, mbok

Barrytone:
Thanks but still confuse. How much in naira, mbok

Lol

Good morning. Any update as per fgn bond

debbydee:
Good morning. Any update as per fgn bond

Expect the offer rate for January by Monday

[quote author=IHelp post=85458740]Expect the offer rate for January by Monday [/quot

Thanks

January 2020 Offer Rate

2-year: 7.144 % per annum
3-year: 8.144 % per annum

FBN quest is also doing a fixed rate bond issue, i think the tenor is 3 years, minimum investment is 10M rate is around 10% or so

__

I received my interest from fgsavings bond few minutes ago.

titilope07:
I received my interest from fgsavings bond few minutes ago.

Nice

Congrats. Welcome to the club.

titilope07:
I received my interest from fgsavings bond few minutes ago.

February Offers

Sukueponmalu:
You have to open a stockbrocking account with a stockbroker .
See the list of accredited stockbrockers here
https://dmo.gov.ng/fgn-bonds/savings-bond/2041-updated-list-of-stockbroking-firms-accredited-by-the-dmo-to-market-and-distribute-fgn-savings-bond/file

However, some stockbrokers are subsidiaries of banks . And you should be able to open a stockbrocking account in their banks.

I can use FBN?

essence1:
I can use FBN?

Yes

I got my 1st quarter interest today.

Congrats. Passive income...making money while you sleep

mercifull:
I got my 1st quarter interest today.

mercifull:
I got my 1st quarter interest today.

Congrats

mercifull:
I got my 1st quarter interest today.

Pay your tithe to me

ernie4life:
FBN quest is also doing a fixed rate bond issue, i think the tenor is 3 years, minimum investment is 10M rate is around 10% or so

Pls any news on the Sukuk slated for this month..

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