ojesymsym:
lol... Based on this your explanation, failure rate go high.

Please when is the next treasury bills primary auction?

Thanks

RayRay06677:
Please when is the next treasury bills primary auction?

Thanks

In 5 days.

awesomeJ:

In 5 days.

Thanks boss, that's Wednesday. the 8th of may?

enque:


walk into any bank branch and tell them you wanna buy TBills.

When you walk in and ask for tbills, they automatically channel you towards the secondary market.

But I understand that some banks can bid for you directly at the primary market which offers a higher interest rate, however there's a minimum amount you must invest. I learnt Access is 50m, FBN is 1m, etc

I need more clarification on this.

Bluekapon:


When you walk in and ask for tbills, they automatically channel you towards the secondary market.

But I understand that some banks can bid for you directly at the primary market which offers a higher interest rate, however there's a minimum amount you must invest. I learnt Access is 50m, FBN is 1m, etc

I need more clarification on this.

Minimum is usually 50/100k if the bank is bidding for you.

Pls can I bid for 3mths and hw many percentage will that be.thks

Itsrm:


Minimum is usually 50/100k if the bank is bidding for you.

teejay5:
Pls can I bid for 3mths and hw many percentage will that be.thks

Yes, you can. Last auction was 16.2% for 91 days.

lajid:
Chiefs pls I’m simple term, someone should explain discount rate and yield for me. What’s the difference

Discount rate is rate that applies when you decide to take interest upfront. Yield applies when you go for interest backend/maturity.

Bluekapon:


When you walk in and ask for tbills, they automatically channel you towards the secondary market.

But I understand that some banks can bid for you directly at the primary market which offers a higher interest rate, however there's a minimum amount you must invest. I learnt Access is 50m, FBN is 1m, etc

I need more clarification on this.

Pls I am also interested in this.
I thought individual can now be bided for by the banks in the primary market for amounts
far lower than 50m

RayRay06677:


Thanks boss, that's Wednesday. the 8th of may?

Yes sir.

Join the Investment Train

- Four months gone in 2024.
- Rates of debt instruments are looking good, reducing negative real returns
- The stock market is not doing badly at all.
Where is your money kept? or where is your money working?

Your money should not be left idle let your money work for you. Send your money on an errand!

You can invest in money market fund, fixed income fund, and the stock market to benefit
from all the high rates and the good market performance so far.

click the links on my signature to open an investment account for free or chat me up for guidance
on how you can send your money on errands.
currently, we have:
Money market funds
- Stanbic MMF: 17.64% net click the first link on my signature to start
- Norrenberger MMF: 18.21% goss chat me up to start

- Norrenberger Dollar Fund: 9.41% gross chat me up to start.

Fixed income fund
SfS capital fixed income fund: 14.52% net click the second link on my signature to start

Stocks
Investment One stockbrokers click the third link on my signature to start

With 5,000 you can start any of the investments.

Note: if you wish to invest in FGN Bonds and don't have a large capital, you can still benefit.
Fixed income fund is your best bet.

emmasoft:
Join the Investment Train

- Four months gone in 2024.
- Rates of debt instruments are looking good, reducing negative real returns
- The stock market is not doing badly at all.
Where is your money kept? or where is your money working?

Your money should not be left idle let your money work for you. Send your money on an errand!

You can invest in money market fund, fixed income fund, and the stock market to benefit
from all the high rates and the good market performance so far.

click the links on my signature to open an investment account for free or chat me up for guidance
on how you can send your money on errands.
currently, we have:
Money market funds
- Stanbic MMF: 17.64% net click the first link on my signature to start
- Norrenberger MMF: 18.21% goss chat me up to start

- Norrenberger Dollar Fund: 9.41% gross chat me up to start.

Fixed income fund
SfS capital fixed income fund: 14.52% net click the second link on my signature to start

Stocks
Investment One stockbrokers click the third link on my signature to start

With 5,000 you can start any of the investments.

Note: if you wish to invest in FGN Bonds and don't have a large capital, you can still benefit.
Fixed income fund is your best bet.

Please what is the tenor for the money market

freemindcity:

Please what is the tenor for the money market

Money market fund tenor is determined by the investor.
Unlike Tbills or Bonds that are tenor-based, MMF is not such that your investment is as long as you want it to remain. It can be as short as 30 days or as long as you wish. Some investors use MMF as an emergency fund, personal pension, target savings etc.

MMF has easy entry and exit. You can start it at any time and also withdraw your money at any time.
Chat me up for a voice note that explains more.

emmasoft:
Join the Investment Train

- Four months gone in 2024.
- Rates of debt instruments are looking good, reducing negative real returns
- The stock market is not doing badly at all.
Where is your money kept? or where is your money working?

Your money should not be left idle let your money work for you. Send your money on an errand!

You can invest in money market fund, fixed income fund, and the stock market to benefit
from all the high rates and the good market performance so far.

click the links on my signature to open an investment account for free or chat me up for guidance
on how you can send your money on errands.
currently, we have:
Money market funds
- Stanbic MMF: 17.64% net click the first link on my signature to start
- Norrenberger MMF: 18.21% goss chat me up to start

- Norrenberger Dollar Fund: 9.41% gross chat me up to start.

Fixed income fund
SfS capital fixed income fund: 14.52% net click the second link on my signature to start

Stocks
Investment One stockbrokers click the third link on my signature to start

With 5,000 you can start any of the investments.

Note: if you wish to invest in FGN Bonds and don't have a large capital, you can still benefit.
Fixed income fund is your best bet.

I need clarity on the interest rate for all of the above, is it monthly or yearly?

cdor777:


I need clarity on the interest rate for all of the above, is it monthly or yearly?

All stated rates for govt regulated investments like Mutual funds are per annum (yearly),
but for MMF, it's prorated daily such that your interest accrued daily and will either be reinvested to your capital at the end of the month/quarter or it's paid to your bank account depending on what you opt for at the point of registration.

emmasoft:
Join the Investment Train

- Four months gone in 2024.
- Rates of debt instruments are looking good, reducing negative real returns
- The stock market is not doing badly at all.
Where is your money kept? or where is your money working?

Your money should not be left idle let your money work for you. Send your money on an errand!

You can invest in money market fund, fixed income fund, and the stock market to benefit
from all the high rates and the good market performance so far.

click the links on my signature to open an investment account for free or chat me up for guidance
on how you can send your money on errands.
currently, we have:
Money market funds
- Stanbic MMF: 17.64% net click the first link on my signature to start
- Norrenberger MMF: 18.21% goss chat me up to start

- Norrenberger Dollar Fund: 9.41% gross chat me up to start.

Fixed income fund
SfS capital fixed income fund: 14.52% net click the second link on my signature to start

Stocks
Investment One stockbrokers click the third link on my signature to start

With 5,000 you can start any of the investments.

Note: if you wish to invest in FGN Bonds and don't have a large capital, you can still benefit.
Fixed income fund is your best bet.

Hello,
The amount percentage quoted for the stanbic MMF, is it monthly yield on investment?? Thanks

yungmin:

Hello,
The amount percentage quoted for the stanbic MMF, is it monthly yield on investment?? Thanks

Scroll up and check the answer to the question @cdor777 asked. It's the same answer to your question

emmasoft:


Scroll up and check the answer to the question @cdor777 asked. It's the same answer to your question

Good day sir,

I see you now promote stanbic mutual funds.

I have an issue. I created an account some days back and funded it (as the welcome email said I have to fund the account to be sent my login details.)

I have been trying to login since then all to no avail. Once I input the OTP they send me, I get the error message in the screenshot below.

I have sent them an email several times, no reply.

This is frustrating. Do you know anyone within the company I can talk to?

Grupo:


Good day sir,

I see you now promote stanbic mutual funds.

I have an issue. I created an account some days back and funded it (as the welcome email said I have to fund the account to be sent my login details.)

I have been trying to login since then all to no avail. Once I input the OTP they send me, I get the error message in the screenshot below.

I have sent them an email several times, no reply.

This is frustrating. Do you know anyone within the company I can talk to?

Sorry my Oga for the wahala. After payment did you receive an email from them giving you a password that you are made to change at your first login? If yes then you will need to call customer care. If not then you need to wait for the mail to be sent to you. See the attached for the new customer care number. Let your e-account number be handy before you call in case you are asked.

emmasoft:


Sorry my Oga for the wahala. After payment did you receive an email from them giving you a password that you are made to change at your first login? If yes then you will need to call customer care. If not then you need to wait for the mail to be sent to you. See the attached for the new customer care number. Let your e-account number be handy before you call in case you are asked.

Yes, I was sent that password. I then signed in with the password. And upon sign in, they sent me an OTP to my phone. But when I enter the OTP, I get the error message shown.

emmasoft:


Sorry my Oga for the wahala. After payment did you receive an email from them giving you a password that you are made to change at your first login? If yes then you will need to call customer care. If not then you need to wait for the mail to be sent to you. See the attached for the new customer care number. Let your e-account number be handy before you call in case you are asked.

This number is not going through. It's saying it's invalid number.

Grupo:


This number is not going through. It's saying it's invalid number.

Really. I used it last week to reach them. Maybe try it by tomorrow, better to call before 4 pm and best in the morning.

emmasoft:


Really. I used it last week to reach them. Maybe try it by tomorrow, better to call before 4 pm and best in the morning.

Boss, for mutual funds account,

can two parties have access to it? like granting another person access through mandate form like in normal account?

Need a situation someone can manage or be able to withdraw it (either party can sign)

DAramis:

Boss, for mutual funds account,

can two parties have access to it? like granting another person access through mandate form like in normal account?

Need a situation someone can manage or be able to withdraw it (either party can sign)

Yes, what you wish to do is possible. it means you will do a joint account. One of the documents you will sign is the signature mandate which you can structure based on what you want to achieve.

emmasoft:


Yes, what you wish to do is possible. it means you will do a joint account. One of the documents you will sign is the signature mandate which you can structure based on what you want to achieve.

Okay, trying to set it up but unfortunately the code is sent to my bvn number which I don't have access to

Any other way to setup account?

emmasoft:


Yes, what you wish to do is possible. it means you will do a joint account. One of the documents you will sign is the signature mandate which you can structure based on what you want to achieve.

Yeah.

Just need to grant another party right to the account in case of emergency funds needs. Full right with no restrictions whatsoever but want the account name and details to be under me

DAramis:

Yeah.

Just need to grant another party right to the account in case of emergency funds needs. Full right with no restrictions whatsoever but want the account name and details to be under me

If the account already exists, Then you will need to call customer care and tell them your intention that you wish to convert an individual account to a joint account. If it's a fresh account chat me up or send a PM so that I can get the form across to you.

emmasoft:


If the account already exists, Then you will need to call customer care and tell them your intention that you wish to convert an individual account to a joint account. If it's a fresh account chat me up or send a PM so that I can get the form across to you.

It doesn't exist. Already sent a pm to you.

DAramis:

It doesn't exist. Already sent a pm to you.

Mail replied with the form attached.

I just applied for t.bill with zenith bank, they just gave me a form to fill. But they didn't issue any form of document as a prof that I applied for t.bill.
Pls will they send me any mail or document if the purchase goes through?
I asked the lady about these things she just said I will receive a debit alert if the purchase goes through

stokfrick:
I just applied for t.bill with zenith bank, they just gave me a form to fill. But they didn't issue any form of document as a prof that I applied for t.bill.
Pls will they send me any mail or document if the purchase goes through?
I asked the lady about these things she just said I will receive a debit alert if the purchase goes through

A proof or certificate is issued after the auction. That's if your bid or the bank's bid is successful. Just applying does not mean the purchase has been made. So you will have to wait till you see alert or like Friday or next week Monday and confirm if it when through before you request for proof.

Depending on the bank you may receive a debit alert as soon as you place the bill like first bank that takes shields the money from your reach once you apply or like like Stanbic that will only debit you after the bid is successful.