Mcy56:

Hmmmmm, respect sir. Seems you made me a bit confused now.
I'm just been concerned about the decimal placement. I think I will sure need the Lacombe to refresh my memory on Naija currency.

N0.01k is not same as 0.01k
The little signs matter during arguments

Buffalowings3:
ARM is very stupid
They are charging my calls without even talking to representatives
Very useless
Customer service zero

How will i subscribe
And you will be telling me to dowmload your app to know my statement
When infact im to begin loading all my details again

Im taking my money

The line is not toll free. Your network provider is charging you for the call.
You can drop your question here if it is not personal information while you try to reach them.

yak:

29th April

If the payment has not yet reflected by now, you have to contact the customer care.

yak:
please help. I did a top up on my mmf with Stanbic ibtc.till date, it has not reflected while I have been debited

Which day was the transaction done?

dominique:


He has, we hope he doesn't derail the thread again when he returns

It took you so long to do the needful. Thank you. It's better late than never.

RealityShot:
Treasury bills is still more favourable than that bond even at 10%.

why?
when you get your interest upfront, you can reinvest for more profits. But the bond pays interest every 3 months which will only be a fraction of what treasury bill holder gets upfront.

the only other option right now is EQUITY FUNDS

When rates are dropping just as we have now, it is better to lock in funds with a longer plan. I try to spread my investment. I have savings bond of over 14% locked for 3years. I invest in stock, treasury bill, savings bond, MMF......

lowkey28:


How do you calculate the FG BONDs? And where do i buy it? No time to waste

Same as treasury bill but for savings bond interest is paid every three months for the duration of the bond.

Check for better understanding

https://www.nairaland.com/3658395/fgn-savings-bond

I think FG want more people to embrace the savings bond. This month offer was 2yrs - 10.75% per annum and 3yrs - 11.75% per annum.

OBAGADAFFI:


Yes, you get the government official rates, if you buy from primary market.

Again not totally correct. Sometimes you get better rate from the secondary market (considering tenor and some other factors)

samzepaparazi:


Are the rates better for people who buy from the primary market?

You can get cleared going through the Tbill thread

April 2018 offer rate

This month the rate increased by 0.004

2years - 10.75% per annum
3years - 11.75% per annum

shegonchy:

Pls is this stanbic or arm investment?

Stanbic

shegonchy:
If AXA mansard could drop to this wonder what stanbic rates would be. Anyone on stanbic in the house should pls drop the current rate

12:29pm 04/04/18
14.73

rebekah2011:
Kindly recall our communication of 22 March 2018 informing the market of the temporary suspension of trading in the shares of UNIC Diversified Holdings Plc (UNIC) due to an observed trading anomaly. Please be informed that the suspension was lifted effective 3 April 2018.
In addition, we have placed a minimum price floor of N0.20K on all Category C Band securities. Thus, the prices of all securities that are in this Category will not fall below N0.20k. Prior to the 22 March suspension, UNIC was priced at N0.18k. In line with the new Category C Band floor, UNIC's price was adjusted to N0.20K at the time the suspension was lifted.
The foregoing is for your information. Additional communication will follow as appropriate.
Please be guided accordingly.

My plan to take over one of the 1k company has been cut short

2018 savings bond calendar

Unic drama about to start again. 0.01 bid and 0.5 offer available

Pharmtj:
is secondary markets open from Monday - Friday?

Yes

March 2018 offer rate

This month the rate increased by 0.469

2years - 10.746% per annum
3years - 11.746% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2363-march-2018-fgn-savings-bond-offer-for-subscription/file

@ Chibuking81 I feel your pain brother. Hope your next comment will be that she is now home.

February 2018 offer rate

The rate continued to reduce.
This month the rate reduced by 0.821

2years - 10.277% per annum
3years - 11.277% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2335-february-2018-fgn-savings-bond-offer-for-subscription/file

mercifull:
Hello.Hello . please has anyone invested in this using investment -one financial services? How can one know if the bond was bought?is there a certificate or any document that shows the investment ?I invested in the January FGNSB. I've sent mails to customer care over 2 weeks ago,no reply.

You will receive a message like this(below) from X-Alert
Dear "YOUR NAME" .... units of FGS202121 has be credited to your A/C ....... "NAME OF BROKER"

Also if you subscribed to CSCS, all your stocks and bonds will be listed in your account.

SamReinvented:
Hello everyone.

Please is there an active thread for the normal FGN bond? I want to invest in the normal bond, not savings bond.

Not aware of any. Though there are some threads where questions about bonds was asked.
Eg
https://www.nairaland.com/2236356/investing-federal-government-bonds-nigeria

crowntoro:
wish an answer could be given to this

Your friend can request for proof of investment from the bank. All the detais will be stated there.

hiscules:
God bless you for me bro, to subscribe,can I just approach my bank the way TBills is done?? Or must it be through an investment house?

Click on the link and read through as crowntoro suggested for better understanding.
List of accredited firms are on that thread.

Converting paper profit to capital is a sure way to preserve profit and increase capital.
Made over ×3 of my capital between January2017 till today.
I have converted half of the profit to capital.
Thanks to every one on this thread for your contributions. Special thanks to fxuser and Currentprice. I will send you a little token by weekend.

GODAKPAN:
Confirm that this bond is traded every month

Yes. Every month

mavinc4u:


please how exactly is it calculated? is the 11% interest for 2years paid every quarterly like one gets 11% of money deposited 4 times every year or how is it done?

The rate is per annum.
Assuming the rate for 2years is 10% and you invest 1,000,000
1year = 100,000
2years = 100,000×2
quartely =100,000÷4
You will get 25,000 per quarter for the period of 2years (25,000× and your capital at the end of the tenor

hiscules:
Hello House, not to derail this thread, just looking for more ways of earning from investments. I hear that there is federal government bond where one can invest minimum of 100k , but that it has to be locked in for at least 2 - 3 years and the returns is paid quarterly.
please what kind of bond is this and how can i go about investing in it?

seniors please throw some light

FGN SAVINGS BOND
Minimum is 5k
January subscription is still open till friday

https://www.nairaland.com/3658395/fgn-savings-bond

Kolping:
I'm not so sure. I've been checking the DMO website for dates but nothing so far.

January offer rate

The rate reduced by 0.64

2years - 11.098% per annum
3years - 12.098% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2306-january-2018-fgn-savings-bond-offer-for-subscription

Kolping:
Hi All,

Any idea when the January 2018 Offer will begin

I think it will be from Monday

December offer rate

The rate reduced by 0.353

2years - 11.738% per annum
3years - 12.738% per annum

http://dmo.gov.ng/fgn-bonds/savings-bond/2270-december-2017-fgn-savings-bond-offer-for-subscription

moemindz:
Please advice.

My stockbroker submitted my bid form without a cscs account number, because it haseems not been generated yet.

Also, am I supposed to get a bond certificate or just monitor my cscs account (according to them would soon be open) as they told me.

I dont think it will go through without the cscs account.
Maybe they are sure the account will be opened before they submit to DMO.
OR
They can buy and sell back to you through the secondary market when the account is opened.

November offer rate

The rate increased by 0.032

2years - 12.091% per annum
3years - 13.091% per annum

http://dmo.gov.ng/index.php/fgn-bonds/savings-bond/2238-november-2017-fgn-savings-bond-offer-for-subscription