A minimum value of N10,000.00 and multiples of N1,000 thereafter can be invested. An investment of a minimum value of N1,000,000.00 is however encouraged.

Investments in FGN bonds are classified as risk free. This is because the issues are based on the full faith of the Federal Government of Nigeriaand is charged upon the general assets of the Federal Republic of Nigeria.

Usually results are communicated a day after the auction and accounts are expected to be funded on or before the settlement date (which is two days after the auction).

Bonds are redeemed at maturity but can be sold at any time through a Dealer such as CSLS.

At CSLS, any of our bond dealers will be willing to offer advice on market expectation and to give historical data on bonds in issue. The investor will finally make the decision regarding what rate to buy after evaluating available information.

There is no limit to how often to participate; the auction is open at advertised times for regular participation.

Every investor has equal access to invest in the FGN bonds. There are however two avenues through which such investments can be done (Primary or Secondary Market) Notices of primary issues auction are placed a week to the auction in most of the daily newspapers, informing the public about the various tenors of bonds available for sale.
 
To participate in the auction, all that is needed is for you to fund your account with CSLS or any of the other 19 Primary Dealers/ Market Makers (PDMMs), and fill the bid form which can be downloaded on our website, or picked up at the offices of the various Discount Houses, Banks and Stockbroking firms. The bid can then be submitted through CSLS or any of the other PDMMs.

At the secondary market, CSLS or any of the other 19 PDMMs can be called for quotes (Bid & Offer) and once a favorable price/yield is available, deals can be sealed.

Less than 100,000,000 – 1.00%

100,000,001 - 300,000,000 - 0.75%

300,000,001 - 500,000,000 - 0.50%

More than 500,000,000- 0.35%

All Monetary values are quoted in Nigeria Naira

Inform us and we will provide all the necessary support needed to get the facility. However, it should be noted that certain criteria need to be met before you can qualify for the facility; this is necessary in order to protect you and us against unexpected market movement.

A bond is a long-term financial obligation (debt) of an entity that promises to pay a specified sum of money at specified future dates. Bonds are fixed income securities.