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Treasury Bills Backed Investment
An investment option that offers you utmost security as it is backed by the Federal Government of Nigeria Treasury bills. It helps mitigate the re-discounting risk on Treasury bills by offering shorter tenors than what obtains in the primary market (i.e. call, 30 and 60day tenors). This means that rather than buy 91 or 182day Treasury bills, we offer you shorter-tenured bills.
Features/ Benefits
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Security: Backed by the Federal Government of Nigeria, (there is no better secured instrument in the country).
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Liquidity: You can terminate your investments on call (from seven days onwards).
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Amount: Minimum amount of =N=1,000,000.00 (One Million Naira only)
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Collateral: Your investment can be used as collateral for borrowing; and KAKAWA can give an undertaking to that effect.
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Interest Rate: Determined by the CBN and discounted to the customer.
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Tenor: Between 30 - 90 days with roll over option.
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Alternatively, KAKAWA can bid for customer at CBN rate for physical Bills (Primary Market), commission would be 1/8% of total bid value.
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| Do not wait; the time will never be "just right." Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along. - Napoleon Hill
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Bohemian |
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