Associated Treasury Note (ATN) is a product specifically designed by Associated Discount House Limited to provide a unique combination of first class security and attractive return to investors. The product derives its value from a basket of FGN treasury bills. It combines the benefit of attractive yields on treasury bills with the flexibility of a shorter tenor. It therefore provides a unique opportunity to partake in the benefits associated with FGN treasury bills.
Features
- Minimum investment of N100, 000 (One Hundred Thousand Naira)
Minimum Tenor of 7 Days
No Services Charge
Individual / Joint/ Corporate Investors Allowed
Personalised and
Confidential Services
Benefits
- Can be used as collateral for credit facility
- Highly secured as it is backed by FGN Treasury Bills
- Tax incentive: Interest income is tax exempt
- Safety of investment at competitive rate
- Defined future value of investment known in advance
- Liquidity / Flexibility: Convertible to cash on demand (with penalty on interest portion only)