₦airaland Forum

ernie4life:
let me give you an example.

Ernie4life Eurobond is trading at a Discount of $95 dollars and pays a coupon of 10%.
So; to buy a 1000 units you paid $95,000 instead of $100,000.
lets say you hold the Eurobonds for just 1 Year.
at the end of the year you get a coupon of 10% of $100,000 which is $10,000
and still upon maturity they pay you $100,000 instead of $95,000 which was your cost.
In total you made $15,000 from this euro bond which is the offer yield, which is 15% of the bond value of $100,000

i hope i made sense

MCeemajesty:
Considering the volume of 1m (which is <50m min. bid volume in the treasury bills primary market auction as stipulated by CBN),you will be availed a secondary market rate at below 11%pa on treasury bills. My advise would be you go for a Fixed deposit with an investment house or Non-bank financial institution that invest in risk-free instrument(money market). Hope you find this helpful

Enyinne:
Pls can someone help me calculate 5m invested for 5yrs on compound interest at the rate of 15% being constant.

ahiboilandgas:
not really he can be using the coupons payment to buy dollars to reduce risk...

prigoz:
Let me go and start my own mining, may be skull or organ, anyone can serve. Mining is mining. Good morning good N/landers and do have blissful day ahead

EmekaBlue:
Oyinbo sport......

HisSexcellency:
WARNING:

To our money crazy politicians and co, know that these electric cars are not meant to be used in Nigeria. Because you still need to buy fuel to power your generators before you can recharge these cars. So just save the stress and refuel your car directly.

MillionDollars:
I’ve once watched the video and it’s obviously fake or edited, the door was obviously slightly bashed before she did the video, abi whats the point of showing us, so we would die? Rubbish

HAH:
Must this electric cars be charged at special stations , wont it be possible to charge them at home with an extension wire and plugs like the way we charge other items ?

Macnnoli4:
What kind of misleading headline is this?