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1. TREASURY BILLS
- Short term financial instruments issued by Government through RBM
- Low risk and highly liquid instruments
- Rediscountable with discount houses
- Offered on three tenures 91, 182, 273 days
- Minimum investment amount of K10,000-00
2. OPEN MARKET OPERATIONS INVESTMENT
- Short term instruments issued by RBM for monitoring policy purposes similar to Treasury Bills but differs in:
- Minimum amount of K1.0 m
- Offered on two tenures 63 and 91 days
3. CDH INVESTMENT ACCOUNT
- An investment secured by treasury Bills, Open Market Operations Investment and Local Registered Stock
- Highly flexible tenures 7 days to 273 days and open term
- Competitive interest rates
- Highly liquid instrument
- Can be used as collateral where client wants to borrow elsewhere or obtain guarantee or performance bond.
- Minimum investment amount of K100,000.00
4. SECURED LOAN
- Agreement where client sells TB or RBM bill to CDH with simultaneous understanding to buy back at agreed price and period.
- Minimum reverse investment is K200,000.00
- Cash availed immediately
- No legal cost
- Seamless and speedy processing
- No rigorous assessment
5. GUARANTEE
- Facility where CDH makes an undertaking to repay on clients behalf loans obtainable elsewhere security is normally required in the form of client investment
- Investment continues to earn interest
- Customer credit rating is enhanced
- 80% of investment as maximum guarantee
- Minimum guarantee amount of K200,000-00
- 1 year maximum guarantee period
7. LOCAL REGISTRED STOCKS
- Long term financial instruments issued by government to finance medium to long term development
- Tenor ranges from 2 – 25 years
8. NEGOTIABLE CERTIFICATE OF DEPOSIT (NCD)
- Instrument issued by financial institutions certifying/confirming deposit made and is payable to holder of certificate at maturity.
- Tradable on secondary market at negotiable rate
- Can be denominated in local or foreign currency
9. COMMERCIAL PAPER
- An unsecured promissory note issued by a creditworthy corporate for specific amount and maturity day
- Provide alternative source of funding
- Issuer enjoys competitively priced financing
- Raises issuer’s profile and may enhance credit worthiness
- Tradable on secondary market
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