Treasury bills
BDD TANDEM FINANCIAL Inc. gives its clients the opportunity to invest their free capital into the Treasure bills issued at 3 or 6 months maturity date. This tupe of investment can generate a very high rates of return what makes the Treasure bills a very important substitution for commercial bills and for company bonds.
Treasury bills are being traded over the periodical auctions helded according to a predetermined trading calendar. The whole trading process is backed up with the Central Securities Depository and Clearing House trading platform.
If an investor wants to buy the Treasury bills he will have to do the following:
- to conclude an intermediate agreement for purchasing the treausry bills with a broker-dealer house and to provide its broker with a bying order in which he had defined a discount rate for the bills he wanted to compete with.
- to transfer at least 25% of total buying fund, at the auction day, between 9:00 and 10:00 a.m, to the money-accout of the Broker-dealer house at the Central Securities Depository and Clearing House on the basis of both the Agreement and the buying order. After acceptance of its bying bid by a Ministry of finance, a buyer is obliged to pay the rest of the sum at the same day between 12:00 and 13:00 a.m.
- as soon as the buying order has been successfuly realized, the treasurry bills are being re-entered to client´s proprietary account oppened by a broker in accordance with all legal rules as well as with the balancing deadlines.
A client is being payed a full nominal amount on the day of the maturity.