CDH Callable Buyback

CDH Callable Buyback

This is a 91 day Repo where CDH offers you, our valued customer, the option of accessing half of your money before maturity.

A Repo is an agreement by CDH to sell Treasury Bill, Reserve Bank of Malawi Bill or other financial instruments to a customer with a simultaneous undertaking to buy it back at an agreed price and period.

Features

· A customer is able to access half of the funds before maturity of investment

· A maximum of 3 calls an be made before maturity

· Interest rate is fixed

· Interest plus principal is payable on maturity

· Minimum investment amount is K 1 million

Benefits

· Competitive return.

· Interest rate is fixed for the entire period

· Funds are fully secured by Treasury or Reserve Bank of Malawi Bill, thereby giving the customer peace of mind

· Half of the funds can be accessed up to 3 times

· No charges are applied for accessing the investment

· No hidden costs

Who can invest?

· Companies/Organizations

· Non-Governmental Organizations

· Banks and Non-bank financial institutions

· Clubs and Association

· Individuals

How can a customer invest with CDH?

· A customer contacts CDH to agree on interest rate and amount to be invested.

· A customer completes an application form

· A customer transfers funds to CDH via transfer instruction letter to his/her bank or deposits funds on-line into CDH bank account and sends a copy of the deposit slip to CDH or issue out a cheque.

· CDH confirms receipt of funds by sending a deal confirmation

· CDH will also send the customer periodic statement

How can a customer access their funds?

· A customer call funds up to three times before maturity. Up to 50% of funds are callable

· Alternatively, CDH on maturity transfers the principal or interest or both to the customers Bank account

Note: Instruction to transfer the funds into customer's account must be received by 14:Hrs, if the transfer is to be effected on the same day.

Why invest with CDH?

· CDH has direct access to the primary Market

· Strong knowledge of the money market

· 100% security of the customer's money

· The customer has the peace of mind

· Highly Liquid Products

· High Degree of Flexibility

· Borrowing opportunities

· High quality products and service

· Free professional investment advice

· Reputable and strong shareholder base

· Strong financial position

Please contact our Dealers on the following numbers

+265 (0)1 821 913 / (0)1 822 840 / (0)8 874 170 / (0)8 835 992
should you require additional information.