TREASURY PRODUCTS

Secured Call Deposit and Open Buy Back (OBB)

CDL facilitates the flexible management of your surplus funds on a secured basis. This service affords the clients the opportunity to recall their funds at any time before 1.30 p.m. on any working day without prior notice to CDL.

Client's investments are secured by the transfer of Treasury Bills to their custody on an Open Buy Back (OBB) basis. The relevant securities are callable upon the termination of transaction.

Fixed Tenor Deposits / Interbank Takings

These tenored deposits are secured by CDL's holdings of Government securities and Commercial bills of Triple- A rated outfits.

Repurchase Agreement (REPOS).

Repos entail the sale to CDL clients of Treasury Bills and other Triple - A rated bills with the agreement to repurchase same bills from clients at an agreed rate and date.

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Head Office: 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

Abuja Office: Union Bank Building 3rd floor, Hadeija Close off J.S Tarka Street, Area 3, Garki, Abuja Tel: +234 9 2341696-7 Tel: +234 9 6726868-9 Fax:+234 9 2341698 E-mail:abuja@cdlnigeria.com

Port Harcourt Office: Areta Plaza, 1st Floor 178, Aba Road, Port Harcourt Rivers State. Tel: + 234 84 577807 Tel: + 234 84 235522 Fax:+ 234 84 236121 E-mail: ph@cdlnigeria.com