The face of fixed income investing has been changed by Standard Chartered Bank Nigeria Limited. It has improved its offering to allow customers to invest in Nigerian Federal Government Eurobonds (FGN) with less than $20,000 and subsequently in multiples of $20,000.

In FGN eurobonds, the standard investment offering was capped at 200,000 USD. But the bank has proposed a solution that allows customers to reach their financial goals by investing. Now, its customers can benefit from regular coupon payments, stable cash flow, and easy access to the main value of their investment at maturity with fractional Eurobonds.

According to Lanre Olajide, Head of Wealth Management Nigeria & West Africa, Standard Chartered Bank Nigeria Limited is to boost trade and prosperity through our unique diversity. Offering fractional bonds is another way to demonstrate our commitment to this promise.