Willie2015:


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

No news yet

Today's March Savings Bond Offer Circular shows a shedding of over 1% off the last one of February.

2-Year FGN Savings Bond due March11, 2022: 4.131% per annum
3-Year FGN Savings Bond due March 11, 2023: 5.131% per annum

FGN Savings Bond Offer for Subscription, March 2020

Hello house

I tried purchasing the federal government bond announced earlier in January through stanbic bank and the whole thing is looking So difficult and confusing.

At first, despite stanbic being listed as one of the places one can get the bond, their staffs didn’t know anything about it. I had to make calls upon calls to their various customer care number before I could get hold of someone who understood me.

To cut the long story short, I went to the bank, explained to the staff in charge of bonds whom as expected knew nothing about it. But after I gave her some specific information about the bond as given to me by their customer care, she swong into action.

But up till now, we are stock at opening a cscs account. I’ve been to the bank trice to ask why it’s taking time, and it’s one story to the other.

Pls, does it take time to open a cscs account? We’ve been on this since January. Last time they told me the ID provided was dark. I’ve given them another ID, yet it’s taking ages.

Also, is there a way I can get this bond easily. I am considering approaching Firstbank.

Kindly note it’s not the normal fgn savings bond with max of 5 years tenure. This one has upto 30 years and with better rates. See screenshot for more details

Uchefrancis16:
Hello house

I tried purchasing the federal government bond announced earlier in January through stanbic bank and the whole thing is looking So difficult and confusing.

At first, despite stanbic being listed as one of the places one can get the bond, their staffs didn’t know anything about it. I had to make calls upon calls to their various customer care number before I could get hold of someone who understood me.

To cut the long story short, I went to the bank, explained to the staff in charge of bonds whom as expected knew nothing about it. But after I gave her some specific information about the bond as given to me by their customer care, she swong into action.

But up till now, we are stock at opening a cscs account. I’ve been to the bank trice to ask why it’s taking time, and it’s one story to the other.

Pls, does it take time to open a cscs account? We’ve been on this since January. Last time they told me the ID provided was dark. I’ve given them another ID, yet it’s taking ages.

Also, is there a way I can get this bond easily. I am considering approaching Firstbank.

Kindly note it’s not the normal fgn savings bond with max of 5 years tenure. This one has upto 30 years and with better rates. See screenshot for more details

Call or email their stockbroker and explain ... they should sort it ASAP
01-4220004
stockbroking@stanbicibtc.com

Call is better.

Uchefrancis16:
Hello house

I tried purchasing the federal government bond announced earlier in January through stanbic bank and the whole thing is looking So difficult and confusing.

At first, despite stanbic being listed as one of the places one can get the bond, their staffs didn’t know anything about it. I had to make calls upon calls to their various customer care number before I could get hold of someone who understood me.

To cut the long story short, I went to the bank, explained to the staff in charge of bonds whom as expected knew nothing about it. But after I gave her some specific information about the bond as given to me by their customer care, she swong into action.

But up till now, we are stock at opening a cscs account. I’ve been to the bank trice to ask why it’s taking time, and it’s one story to the other.

Pls, does it take time to open a cscs account? We’ve been on this since January. Last time they told me the ID provided was dark. I’ve given them another ID, yet it’s taking ages.

Also, is there a way I can get this bond easily. I am considering approaching Firstbank.

Kindly note it’s not the normal fgn savings bond with max of 5 years tenure. This one has upto 30 years and with better rates. See screenshot for more details

You can also try Meristem Securities

United capital

Uchefrancis16:
Hello house

I tried purchasing the federal government bond announced earlier in January through stanbic bank and the whole thing is looking So difficult and confusing.

At first, despite stanbic being listed as one of the places one can get the bond, their staffs didn’t know anything about it. I had to make calls upon calls to their various customer care number before I could get hold of someone who understood me.

To cut the long story short, I went to the bank, explained to the staff in charge of bonds whom as expected knew nothing about it. But after I gave her some specific information about the bond as given to me by their customer care, she swong into action.

But up till now, we are stock at opening a cscs account. I’ve been to the bank trice to ask why it’s taking time, and it’s one story to the other.

Pls, does it take time to open a cscs account? We’ve been on this since January. Last time they told me the ID provided was dark. I’ve given them another ID, yet it’s taking ages.

Also, is there a way I can get this bond easily. I am considering approaching Firstbank.

Kindly note it’s not the normal fgn savings bond with max of 5 years tenure. This one has upto 30 years and with better rates. See screenshot for more details

Sefiuu:

Call or email their stockbroker and explain ... they should sort it ASAP
01-4220004
stockbroking@stanbicibtc.com

Call is better.

Thank u

I called them directly and they gave me their reason for the slowness.

Have been able to rectify the issue and account has now been opened.

Stanbic sent me this a few mins ago. Pls house I need help translating this.

What’s the actual yield/percentage I get yearly if I invest in this bonds (using that of 2037 for example)?

Thank u

Meself i wan do some investment. Will I be paid monthly? When is the next bond pls?

DMO suspends April 2020 FGN savings bond offer
By Chike Olisah -March 31, 2020
https://nairametrics.com/2020/03/31/dmo-suspends-april-2020-fgn-savings-bond-offer

The Debt Management Office (DMO) has announced the suspension of the FGN Savings Bond Offer, which was slated for the month of April 2020.

This was disclosed in a press statement that was released by the DMO on Monday, March 30, 2020 and seen by Nairametrics.

Part of the statement read, “The Debt Management Office (DMO) wishes to inform the general public that the FGN Savings Bond Offer for the month of April 2020, which was scheduled for April 6 – 10, 2020 has been suspended’’. ‘The DMO wishes to assure the general public that the FGN Savings Bond Offers will resume when the conditions change.”

Good day guys. I have invested in Jan2020 FG savings bond. The coupon payment was suppose to start 15-April. But am yet to receive payment. Please can anyone help me with what to do.

Has anybody received alert today? Have been expecting the payment since morning what is going on please?

medaura:
Good day guys. I have invested in Jan2020 FG savings bond. The coupon payment was suppose to start 15-April. But am yet to receive payment. Please can anyone help me with what to do.

received mine via gtb yesterday

titilope07:
Has anybody received alert today? Have been expecting the payment since morning what is going on please?

check your bank account balance
alert fails some times

X21:


check your bank account balance
alert fails some times

I just got paid now thanks I'm grateful

titilope07:
Has anybody received alert today? Have been expecting the payment since morning what is going on please?

Received alert today

X21:


check your bank account balance
alert fails some times

That means mine has problem. I have not receive payment up till now.

when is may offer?

why's this place quiet

steveneche:
why's this place quiet

savings bond sales on suspense. rates are too low

Kolping:
CSCS Online Subscription Fees Update

Please what is the meaning of these fees? Thanks

Kolping:
If you know your cscs account number, you can access your account details online with CSCS after paying the 2,500 yearly fee.

Stanbic Asset Management can purchase FGN savings bond on your behalf once you've filled the savings form and transferred the money to them. This can be done ny email. I suppose they are your new stockbroker.

Hey brother, but Stanbic IBTC Stockbrokers and not Stanbic Asset Management is the one on the list of accredited stockbroking firms. I'm confused

Please what is the latest offer

Uchefrancis16:
Hello house

I tried purchasing the federal government bond announced earlier in January through stanbic bank and the whole thing is looking So difficult and confusing.

At first, despite stanbic being listed as one of the places one can get the bond, their staffs didn’t know anything about it. I had to make calls upon calls to their various customer care number before I could get hold of someone who understood me.

To cut the long story short, I went to the bank, explained to the staff in charge of bonds whom as expected knew nothing about it. But after I gave her some specific information about the bond as given to me by their customer care, she swong into action.

But up till now, we are stock at opening a cscs account. I’ve been to the bank trice to ask why it’s taking time, and it’s one story to the other.

Pls, does it take time to open a cscs account? We’ve been on this since January. Last time they told me the ID provided was dark. I’ve given them another ID, yet it’s taking ages.

Also, is there a way I can get this bond easily. I am considering approaching Firstbank.

Kindly note it’s not the normal fgn savings bond with max of 5 years tenure. This one has upto 30 years and with better rates. See screenshot for more details

Were you able to buy the bonds eventually?

Emmaesty:
Please what is the latest offer

it been suspended.

Akin3891:


Were you able to buy the bonds eventually?

No

After all the procedures, and me getting the stock broking account opened, the secondary market rates I was getting from Stanbic was too poor. So I passed.

What I later did was use some for dollar fund. And put the rest in sukuk 2020 bond at 11.2%

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Please is the suspension off the fgn saving bond? what are the coupon rate like?

PHOTSEE:
Please is the suspension off the fgn saving bond? what are the coupon rate like?

No