A Bond is a long term debt instrument issued by an entity (company or government) that has an evidence of a “promise to pay” and the duration is usually more than one year. Interest payments, which are called coupon payments, are commonly made every 6 months (semi-annual basis). The principal repayment is made in lump-sum at maturity of the bond.
Features & Benefits
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Capital preservation and growth
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Steady income stream
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Minimized risk
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Interest on bonds are tax free
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Bond certificates can be used as collateral for borrowing
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High and stable returns
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Minimum investment requirement of N50, 001,000.00.
Individual Application
Joint Application
Corporate Application