Coral Treasury Bill Note (CTBN)
This product enables retail investors who have less than the minimum amount of N50,000,000 to buy Federal Government Treasury Bills in the primary market.
- Minimum Subscription amount is N5million
- Tenor is 91 days and 365 days
- Returns range from 3% to 7% p.a. depending on tenor, usually auction determined.
- Competitive returns on investment
- Capital preservation
- Portfolio diversification
- Contributing to nurturing a growing economy