Debenture Bonds

About the Fund

Product Characteristics

These were the first capital market products offered by the bank and represent the bank’s largest source of funding. Typical bond terms are as follows:

  • Fixed or floating interest (coupon) rates
  • Taxable or tax free interest income
  • Interest paid semi-annually or at maturity
  • Principal repaid at maturity

Key Features

What to Expect

The bonds are attractive to investors looking for:

High quality interest income investments

Guaranteed principal

Assets which qualify for the Statutory Deposit and Fund under the Insurance Act

Assets which pay regular semi-annual interest

Required Documents

What you need to apply

Requirements for Individuals

Requirements for Companies

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