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Nairaland Forum / Nairaland / General / Investment / FGN Savings Bond (47459 Views)
FG's Savings Bond September Offer Closes 7th September / FGN Savings Bond / Federal Government To Sell N5,000 Savings Bond To Public (2) (3) (4)
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Re: FGN Savings Bond by Ugosample(m): 8:49pm On May 30, 2018 |
Kolping: But I'm still a bit confused tho How can I buy bonds from my stock brokering firm? |
Re: FGN Savings Bond by SoNature(m): 6:09am On May 31, 2018 |
IHelp: But a quarter is supposed to be every three months, making it four in one year. Please don't argue |
Re: FGN Savings Bond by freshpzy1(m): 6:57am On May 31, 2018 |
hello house.....
pls i av this questions
is my investment in fgn savings bond free from tax?
and is the interest i receive from it free from tax too? |
Re: FGN Savings Bond by IHelp: 9:38am On May 31, 2018 |
SoNature: Thanks. Every 4months was a mistake. (Correction: Every 3months). I have corrected it on the post. All other calculations on the post is correct. 1 Like |
Re: FGN Savings Bond by IHelp: 9:42am On May 31, 2018 |
freshpzy1:Yes. It is tax exempt 1 Like |
Re: FGN Savings Bond by IHelp: 9:48am On May 31, 2018 |
Ugosample: If you already have an account with a stock brokering firm, fill the Fgn savings bond subscription form and send to them. Make payment for the value you want to purchase. Some firms use the same account for your stock and bonds while some have different account for bonds. You should contact your broker for more info. 1 Like |
Re: FGN Savings Bond by Kolping: 4:40pm On May 31, 2018 |
The information provided by IHelp above is the same as what I would have written. The link to the form is here: https://dmo.gov.ng/fgn-bonds/savings-bond/1963-fgn-saving-bond-subcription-form/file Ugosample: 1 Like |
Re: FGN Savings Bond by IHelp: 6:37am On Jun 04, 2018 |
June 2018 offer rate This month the rate increased by 0.864 2years - 10.344% per annum 3years - 11.344% per annum 1 Share
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Re: FGN Savings Bond by Affordablerent: 5:12am On Jun 05, 2018 |
Ugosample: You are well known in travel section for encouraging people to abandon the country for foreign land, one of the people who say there's no hope in Nigeria. If someone told me that you can invest a kobo in Nigeria I would never believe, my brother fear God o chaii |
Re: FGN Savings Bond by Affordablerent: 5:13am On Jun 05, 2018 |
How can I open an account with a broker and which one do you suggest? |
Re: FGN Savings Bond by Ugosample(m): 7:51am On Jun 05, 2018 |
Affordablerent: Well I still have portfolio investments in Nigeria i am planning to expand. The rates are good and the exchange rate has been stable, so why not? |
Re: FGN Savings Bond by Adayoung(f): 11:26am On Jun 05, 2018 |
Good day, between mmf and fgn bonds which is better? |
Re: FGN Savings Bond by IHelp: 9:47am On Jun 08, 2018 |
Adayoung: Both have it's advantage and disadvantage. It depends on your investment plan. |
Re: FGN Savings Bond by Kolping: 1:57pm On Jun 19, 2018 |
@IHelp Do you have any contact at DMO to confirm a purchase of FGNSB June offer? |
Re: FGN Savings Bond by IHelp: 11:37am On Jun 20, 2018 |
Kolping: I do not have any personal contact at DMO. They have some numbers on their website. Though I have not tried reaching them through that channel. You can as well try registering with cscs. As you can confirm your bond/stock online through them. When ever I need clarification I contact my broker or Cscs. I am yet to get notification for the purchase of June Fgn savings bond but I have already confirmed it in my cscs account. |
Re: FGN Savings Bond by Kolping: 12:00pm On Jun 20, 2018 |
Update: Just received SMS confirmation from DMO Ok. Thanks. I received my investor account details (dated 14 June) from my stockbroker but the June offer was not listed. I also haven't received the usual SMS confirmation from DMO. IHelp: |
Re: FGN Savings Bond by IHelp: 12:17pm On Jun 20, 2018 |
Kolping: Just got the notification for June purchase. |
Re: FGN Savings Bond by Nobody: 8:48pm On Jul 01, 2018 |
Waiting patiently for the July rates |
Re: FGN Savings Bond by Nobody: 8:43am On Jul 02, 2018 |
IHelp:Please why is July rates and all not out yet?? |
Re: FGN Savings Bond by IHelp: 9:39am On Jul 02, 2018 |
July 2018 offer rate This month the rate increased by 0.139 2years - 10.483% per annum 3years - 11.483% per annum m784n: m784n:
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Re: FGN Savings Bond by Nobody: 11:32am On Jul 02, 2018 |
. |
Re: FGN Savings Bond by Nobody: 8:01am On Jul 16, 2018 |
IHelp:Ive subscribed to that CSCS and I can’t find anything like FGN Savings Bond there. Which kind DMO is this na. I even contacted my broker and they said … CSCS/DMO is yet to credit me account with the bond unit. And they’re hoping it will be credited before the end of this week |
Re: FGN Savings Bond by IHelp: 11:17pm On Jul 16, 2018 |
4601CE: You should be able to see previous subscriptions. That of July 2018 is yet to reflect. When you login to your account, on the menu list click on "My Portfolio". If you have account with different brokers with the same CHN, it will all be listed there. Click on the account you used to subcribe and you will be able to view what is in that account. |
Re: FGN Savings Bond by Nobody: 11:30pm On Jul 16, 2018 |
IHelp:Thank you, but I checked all those places . It’s july2018 I’m looking for. I guess I don’t hAve any other choice now than to wait |
Re: FGN Savings Bond by Nobody: 12:34pm On Jul 17, 2018 |
4601CE:Finally… It has reflected on my CSCS portal . Thanks ya’ll. |
Re: FGN Savings Bond by Nobody: 10:58pm On Jul 18, 2018 |
4601CE:this is becoming more interesting as it has disappeared from my portfolio. I weak |
Re: FGN Savings Bond by IHelp: 9:25am On Jul 19, 2018 |
4601CE: Contact cscs to know what happened |
Re: FGN Savings Bond by Nobody: 3:22pm On Jul 20, 2018 |
IHelp:They have refused to respond. |
Re: FGN Savings Bond by Kolping: 9:00pm On Jul 20, 2018 |
You could also confirm from your stockbroker. 4601CE: |
Re: FGN Savings Bond by Nobody: 9:30pm On Jul 20, 2018 |
Kolping:Here’s there response I kinda don’t like that second part |
Re: FGN Savings Bond by Kolping: 4:13pm On Jul 21, 2018 |
You can now use this information and send it to CSCS by email. 4601CE: |
Re: FGN Savings Bond by Nobody: 4:22pm On Jul 21, 2018 |
Kolping: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 |
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