1.Have a Stanbic IBTC account
Your account should be active and funded.
2. Have the appropriate investment/securities account
FGN Bonds are securities, so you may need a Stanbic IBTC Stockbrokers/investment account in addition to your normal bank account.
3. Access Stanbic IBTC’s digital investment/stockbroking platform
Stanbic IBTC states that its Stockbrokers mobile app and online e-trade platform allow investors to buy, sell and monitor securities from their phones/computers. �
Stanbic IBTC Holdings
4. Choose the FGN Bond you want
You can invest either when a new FGN Bond offer/auction is available or purchase an already-issued bond through the secondary market, depending on what Stanbic makes available to you.
5. Enter your investment amount
The platform should show the relevant price/yield, maturity and other transaction information before you confirm.
6. Fund the transaction from your Stanbic account
Make sure you have enough money to cover the investment and applicable charges.
7. Review and submit
Confirm the bond details, amount and terms, then authorise the transaction using the required security/OTP process.
8. Receive confirmation
Your investment/security position should subsequently appear through the applicable investment/securities platform.