view new rating here
 

 

CDL is a specialised financial Institution created by the Central Bank of Nigeria (CBN), to assist its management of liquidity in the economy. It is wholly owned by a consortium of eight (8) Solid Nigerian Banks led by Union Bank of Nigeria Plc and Afribank of Nigeria Plc; two of the leading banks in Nigeria.

Our crop of highly skilled, well trained and time tested work force are adequately equipped to deliver professional, effective and customised solutions in the following service areas:

 
 
Surplus Funds Management
Fixed Tenor Deposits/Interbank Takings
 
Trading services are provided to CDL's clients for
the Sale and purchase of treasury bills and

other government securities on an outright basis.
 
CDL Asset Management Limited (CAM) is a subsidiary of CDL, which is set up with complementary product offering to the core discount house business, which will create opportunity for synergy in related areas of operation as a means of enhancing shareholders value.
 
CDL provides rediscounting services to its customers in need of liquidity. Eligible bills for this service are treasury bills and commercial bills of top rated institutions.
   
 
CDL has been appointed as one of the Primary Dealers/Market Makers (PDMM) in FGN Bonds. Our skills in fixed income securities trading will help enhance the wealth of our clients. Customers can buy and sell FGN Bonds through us.
 
 
 
 
 
 
 
 
 
Date: 12 January, 2010
Mon. Policy Rate
6%
Deposit Rate
2%
Lending Rate
8%
360 Days
12.75%
180 Days
12.75%
90 Days
12.50%
60 Days
12.50%
30 Days
12.00%
4-7 Day
4.00%
 
Bid and Offer rates are indicative
Maturity
Bid - Offer
25-Jul-11
105 - 45/60
22-May-12
106 - 95/10
25-Jan-13
104 - 30/60
28-Sep-14
107 - 30/60
31-Aug-17
104 - 60/90
Complete buying & selling rates
Next auction bid date
 
Date: 11 January, 2010
Call

2.7917%

7 days

7.0000%

30 days

12.6667%

60 days

14.0833%

90 days

14.8333%

365 days
N/A
 
Date
11/01/2010
Index

22,057.64

Deals
 6,419
Volume
 307,437,865
Value
  N2,260,073,375.22
Cap.
 N5,284,157,816,751.00
 
Bull Plaza, 10th – 12th Floors
38/39 Marina
Lagos


Tel: +234 1 2644271 – 9 (Dealing)
+234 1 2644281 – 4 (PABX)
Fax:+234 1 2644280
E-mail: cdl@cdlnigeria.com