Fixed Income Paper
Fixed Income Paper (FIP)
This repurchase agreement is backed by a debt instrument issued by a
government or corporation.
Benefits:
- Securities pledged with the Trinidad and Tobago Central Depository (TTCD)/an independent custodian
- Competitive rate of return
- Relatively low risk (refer to the brief description of risk outlined in Risk Disclosure section)
- Fixed rate of return
- Low initial minimum investment of TT $100,000 or US $15,000
- No fees
- Upon maturity, your funds can be paid via an Autmatic Clearing House ?(ACH) payment or managed cheques
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