Give your portfolio a more competitive edge. Choose fixed-income investments with an attractive rate of return. Repurchase agreements are similar to Certificate of Deposits in that they pay a fixed rate based on a fixed investment period. The principal is secured by the underlying government or corporate security. With a Repo, your funds are invested at an agreed upon rate for a fixed period of time with a specified maturity date. At maturity, full payment of the initial investment plus the interest is available to you. Sagicor Investment offers repos in the following currencies:
- Trinidad and Tobago dollar
- United States dollar
- TT$60,000, US$10,000; opens your account
- Flexible terms from 30 days to 1 year
- Get our highest rate when you open a one-year repo
- Monthly statements available
- Reinvest the interest payments to the matured principal or have it deposited into your personal bank account
- Automatic renewal options available
- Competitive fixed interest rates—within the investment period
Funds invested in a repo are not deposits and not covered by the Deposit Insurance Corporation.
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For more information, give us a call at 800-SAGE (7243) or email [email protected] to speak to a Sagicor Investments Specialist today.