FGN Bonds Offer Circular

"Please be informed that you can download the  offer documents from the website but you must submit the completed form to any of the Primary Dealer / Market Maker nearest to you. Thank you."
 
2008 FGN BondOfferCircular August

 

 

INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM

•  Applications must be made only on the official form. Any application made on a newspaper cutting or on Photostat copy of the Application Form will be rejected.

•  Applications must be for a minimum of N10, 000 and thereafter, in the multiples of N1, 000. The value(s) of bonds for which applications(s) is/are made and the value of the cheque or Bank draft attached should be entered in the boxes provided

•  a. The applicant should insert the caption of the Bond as appropriate for which he is bidding (e.g. 3 rd FGN Bond 2009 Series 1)

•  The bid interest rate being offered by the applicant must be set out in the box provided up to 2 decimal points e.g. 10.08% per annum.

•  The application form when completed should be lodged with any of the Receiving Agents. Applications must be accompanied by Cheque or Bank draft crossed “FGN BOND OFFER” with the name and address of the applicant at the bank, for the full amount due on application. The cheque or Bank draft should be made payable to the Receiving Agents with whom the application is submitted. All cheques and drafts will be presented for payment on receipt and applications in respect of which cheques are returned unpaid for any reason will be rejected.

•  Joint applications must all sign the application form

•  An application from a group of individuals should be made in the names of those individuals with no mention of the name of the group. An application by a firm, which is not registered under the Companies and Allied Matters Act, should be made either in the name of the proprietor or in the name of the individual partners. In neither case should the name of the firm be mentioned.

•  An application from a corporation must bear the corporate body's seal and be completed under the hand of a duly authorized official who should state his designation.

•  An application from a pension or provident fund must be in the names of the individual trustees unless the trustee is an incorporated company.

•  An application by an illiterate should bear his right thumb print on the application form and be witnessed by an official of the Bank or Stockbroker at which the application is lodged who must first have explained the meaning and effect of the application form to the illiterate in his own language. Above the thumb print of the illiterate, the witness must record in writing that he has given this explanation to the illiterate in a language understandable to him and that the illiterate appeared to have understood the same before affixing his thumb impression.

•  The applicant should not print his signature. If he is unable to sign in the normal manner he should be treated for the purpose of this Offer as an illiterate and his right thumbprint should be clearly impressed on the Application Form.