About this product
Medium-term investment that allocates capital to Federal Government Treasury Bills and quality commercial papers for a defined tenor (typically 365 days).
- Objective: Attractive fixed return over a set period
- Tenor: Customizable, commonly 365 days or above
- Ideal for: Investors with a defined horizon
Fund Placement has a minimum Investment amount of N1,000,000.00 (One Million Naira only).
Investors can withdraw their investments or roll over at maturity.
Investors may also choose to receive their interest upfront or re-invest with the initial principal amount.
Fund Placement Interest rate is based on prevailing market conditions.