ayztech:

That's one thing but I assume all the gurus here, u know, feelamong dem, don't lose this much even when their bids do not go through and they buy from the secondary source, abi.

I wonder how they go about it.

Seun: That's the bank rate; the rate bid by the bank on behalf of customers who could not choose their own rates.

ayztech: ok..maybe the bank's rate varies by branch cos i had to ask another staff of same bank but different branch and he said 10.5% instead of the 10.2% for same 100days. i forwarded the form fast fast to him and twas dealt at 10.5%. the gain of the 0.3% difference was really material ...at least it can comfortably go one hairdo! thanks!

Cyndas: pls is it possible for the interest accured to be added to the principal and rolled over at the next bidding day? Instead of the interest coming back to my account and i end up spending it.

yogun:

What bank did u use? Must u have an acct with d bank?

feelamong:

send mail to feelamong@gmail.com

cikranco: hi feelamong i have writen to ur mail for long i need the link to were i will invest in T.Bill and am waiting for your reply, Please reply me cikranco@gmail.com

laceonline02: Pls guys is there biddin dis week..i no understand gtbank again o..na so dem them disappointed mi 2weeks ago

question:
This is the reason why I always go for long tenure bids.. The delay tactics of all these banks can be annoying sometimes.

feelamong: TBILLS STOP RATE FOR 19/06/2013

91 DAYS -----------------------11.50%

182 DAYS-----------------------11.82%

364 DAYS -----------------------12.99

Happy investing!

ojdollars: @All .... When do we stop being Selfish in this Country? This guy Mr.Feelamong took his precious time to enlighten every users and guest to this Forum about the Nigeria Treasury Bill, and instead of everyone to Aks the Question in the Open and demand for an Open answer for others to learn from, they are all providing their email address, only me wants to get the secret of wealth amounts to nowhere. We need the spirit of Collaboration in West Africa to make Progress.You just spoke my mind.All these send to my email is cheer selfishness.Any of you "send to my email" can go ahead and throw any insult you like at me ,I dont give a damn.Its just cheer selfishness.

@feelamong (Mr.) Thank you for the great Job you are doing here. I have a question regarding this Treasury Bill, if I go to my Diamond Bank or First Bank Branch here in my State of residence. Would they be able to help me out on this? Is it all banking insitution that has an idea about this Treasury Bill and can educate one about it? What would be the interest if I deposit or buy the Treasury Bill with the Sum of the following:

1) 500,000 Thousand Naira
2) 1,000,000 Million Naira
3) 1,500,000 Million Naira
4) 2,000.000 Million Naira
5) 2,500,000 Million Naira
6) 3,000,000 Million Naira and above.

I break it into this form, cause this is the Big Question in the Mind of all readers or all those who are following this post, can't sign up to comment for one reason or the other, but are learning anf eager to have this Big Question in their minds answered. Please it would do so much good if you would take your time to enlighten us and educate us on how much those figure up there can generate for any Nigerian with such an amount of Money readily for investment within the stipulated period of time the Treasury Bills pays back interest. 3months, 6months and 1year. Thank you

feelamong: Please find below, details of Wednesday T/Bills auction.

PRIMARY AUCTION RESULTS 26/06/2013

Tenor 91 Days 182 Days 364 Days

i tot the biddin is 2weekly..there was bidding last week i wasnt expectin any this week...i don miss out again...pls when is the bid
Stop rate (%) 11.624% 12.750% 13.219%

feelamong: Please find below, details of Wednesday T/Bills auction.

PRIMARY AUCTION RESULTS 26/06/2013

Tenor 91 Days 182 Days 364 Days


Stop rate (%) 11.624% 12.750% 13.219%

Ojix85:


Bro, I thought the auction was once every 2 weeks.. Could you pls explain?

feelamong:

Yea its suppose to be every two weeks but once in a while the Oga at Top in CBN distorts this..

But on a serious note if you care to look at the Tbill Time table that was realeased by CBN at the start of the year.. it showed that there is an unction on this date... just go the cbn web site..

pleep: With Nigeria's sky high inflation, the real interest rate is probably only like 4%

feelamong:

Yea its suppose to be every two weeks but once in a while the Oga at Top in CBN distorts this..

But on a serious note if you care to look at the Tbill Time table that was realeased by CBN at the start of the year.. it showed that there is an unction on this date... just go the cbn web site..