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How to invest in FGN Bond

Application forms can be obtained from any of the authorized dealers(PDMMs), or download from the DMO’s website Complete the application forms and submit through any of the PDMMs Common- price auction system is normally employed as opposed to multiple price auctions Payments for the allotment are payable in full on application Minimum of N10,000.00 and multiple of N1,000 thereafter Investors can also access the FGN bonds after the auction through the secondary market FGN bonds purchase is confirmed by registration in the depository (CSCS) or by issue of certificates Interest is paid semi-annually until the maturity date when the principal amount is repaid 9. Payment of interest is through issue of interest warrant (cheque) or direct transfer to current or savings bank accounts.

2017-12-11T15:20:59+00:00
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