Coral Treasury Bill Note (CTBN)
Coral Treasury Bill Note
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