Product Overview
The VM Wealth Repo Max Money Market Repurchase agreement is an investment instrument geared at helping members/customers to invest towards achieving their short term financial goals or for clients with a very low tolerance for risk.
Product Details
Target Groups
- High Net-Worth
- Emerging HNW
- Affluent
- Corporate & Institutional
Features
- Available in J$ or US$
- 30, 90, 180, or 365 days tenures
- Interest accrued daily and paid on maturity
Benefits
- Safe, secure backed by GOJ securities
- Attractive interest rates
Requirements
- Minimum Investment of J$1M or US$10,000