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

• Capital preservation and growth

• Steady income stream

• Minimized risk

• Interest on bonds are tax free

• Bond certificates can be used as collateral for borrowing

• High and stable returns

• Minimum investment requirement of N50, 001,000.00.