CDH Repo

CDH Repo

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

With this product CDH offers you, our valued customer, the opportunity to maximize interest whilst enjoying maximum security and flexibility.

A Repo can either be fixed or open depending on the customer's cash flow requirements.

Features

· An open Repo has no fixed maturity date to give you maximum flexibility

· The investment period for a fixed repo ranges from 2 to 273 days

· The investment period is flexibly suited to the customer's cash flow and fixed for that period

· A Repo is fully secured by Treasury Bills or Reserve Bank of Malawi Bills

· Minimum investment amount of K 250,000.00

Benefits

· Highly competitive interest rates.

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

· Highly liquid as Repo can easily be liquidated into cash

· A Repo can be used as a collateral when a customer wants to borrow elsewhere

· A Repo can be used to obtain a guarantee or performance bond.

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 the period of investment, the 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 sends periodic statements as a required by customer

How can a customer access their funds?

· A customer call funds as and when he/she needs them, if invested in an Open Repo

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

NOTE: Instructions to transfer the funds into customer's account must be received by 14:00Hrs, 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

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.