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On The Money: Opportunities In Bond Market

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In Nigeria, bond market has increasingly become important in the development of the Nigerian emerging economy. A bond is a long-term financial debt

For retail investors, Kurfi, they can invest in Bond by subscribing through primary market by invest direct like in FGN Sukuk with a minimum of N10,000.00 or buy from Secondary market as Bonds are being traded.

The minimum to invest depend, some example FGN SUKUK always have minimum of N10,000.00, FGN Savings minimum of N5,000.00, while for the Homes Shelter Bond is N10 million minimum. The chief operating officer of InvestData Consulting Limited, Mr Ambrose Omordion said that investors in the fixed income market especially in bond had experienced a bull transition since the beginning of the year as activities in the bond market had increased in the direction with the market yields despite the weak economy and rising debt profile of the nation.

For him, he said no regrets as none of the bond issuer have defaulted or failed to redeem the instrument as at when due.

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