Fixed Income Investments

Download Resources

Different forms you can download.

Click Here

Fixed Income Investments

Treasury bills are short term debt instruments issued by the Federal Government of Nigeria through the Central Bank of Nigeria (CBN) for the purpose of financing government projects. They are guaranteed and backed by the full faith of the Federal Government of Nigeria. They are considered by many as risk-free and are issued at an interest rate for a period of one year or less. 

Federal Government Bonds - This is a safe investment instrument that guarantees quarterly interest payment by the Federal Government to Bond holders, while principal will be repaid at maturity. It is in tenors of 2 and 3 years, with a minimum investment amount of #5,000 and maximum of #50million. 

Benefits of Treasury Bills:

⇒ T-Bills are guaranteed and backed by the full faith of the Federal Government of Nigeria.R03;

⇒ They are tax free, hence maximising returns for investors.

⇒ They are easily traded in the secondary market at going rates, making it possible to exit before maturity.

⇒ T-Bills pay higher interest than a Commercial Bank fixed deposit rate.

⇒ Idle funds can be profitably invested before the need for it arises.

⇒ It provides a steady income for risk-averse investors, especially the elderly.

⇒ Minimum investment amount is lower than other money market securities like Commercial Papers (CP) and Bankers Acceptance (BA).

Benefits of FGN Savings Bond

⇒ Invest with as low as N5,000 and earn interest that usually accrue only to High net-worth investors.

⇒ Interest income is guaranteed, tax exempt and payable directly into bond holder’s bank account every quarter.

⇒ The Bond certificate can be accepted as collaterals by banks and can be sold for cash in the secondary market before maturity.

⇒ The investment is safe, as it is backed by the full faith and credit of the Federal Government of Nigeria.

⇒ Good for savings towards retirement, marriage, school fees etc.

How to Invest

⇒ Complete the FGN Savings Bond Subscription Form. Click here to download

⇒ Credit CSL Stockbrokers Account with the following details:

  • Bank name - FCMB
  • Account name – CSL Stockbrokers Ltd
  • Account number – 0000098011

⇒ Send the application form by email to cslcsu@fcmb.com