First Discount House

Local Registered Stocks

  • Interest bearing government securities for funding medium to long term projects.
  • Interest paid semi annually and redeemed at par ( face value) on maturity date
  • Free of default risk because they are obligations by the government
  • High degree of liquidity, can easily be converted into cash though at a relatively higher cost.
  • Issued for a period of 2 to 10 years
  • FDH able to discount LRS at a negotiable price.
  • FDH offers attractive rates to clients for long term investment in LRS
  • A good way of diversifying your money market portfolio into medium and longer term tenors at rates that match your investment goals

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Umoyo House, No. 8 Victoria Avenue North, Blantyre, Malawi +2651820219 info@