My 1st ever bid was successful and am countin days 4 d maturity, so I can re-invest.I use stanbic IBTC. HAPPY INVESTING

adetunrayo: My 1st ever bid was successful and am countin days 4 d maturity, so I can re-invest.I use stanbic IBTC. HAPPY INVESTING

what is the minimum amount of bill u can buy from stanbic ibtc

adetunrayo: My 1st ever bid was successful and am countin days 4 d maturity, so I can re-invest.I use stanbic IBTC. HAPPY INVESTING

I've seen quite a number of positive reviews from those who use Stanbic. I'm seriously considering them.

All these discount houses are thieves. Minimum of 5M!! can you imagine??

Guys which among stanbic ibtc,First bank and diamond do u advise for treassury bills nd when is the next bid date?

[qu ehote author=groovie I knw
u s Te]feelamong my guy, abeg ehn my email address is ottiandrew@hotmail.com. Am realy interested in where to buy and how interest will be paid. E.g. Dat 88k u talked about is it at d end of the year o monthly? Wil they pay it into my account? Thanks 4 ur help.[/quote]



Pls which subsidiary. Do I use for d tb

Please can i buy tbs please.

purplecircle: Please can i buy tbs please.

You can buy, talk to your banker or broker.

plendil:

I've seen quite a number of positive reviews from those who use Stanbic. I'm seriously considering them.

All these discount houses are thieves. Minimum of 5M!! can you imagine??

They are not thieves, they only cater for high net-worth investors and Institutional investors.

Hello house, it's been a long time i read up on this thread, Anyway, i read an article and decided to share it here, It is about the fiscal and monetary policy overlap in this country, this is part of the reasons why t bills are over 10% Read via http://pocketeconomist..com/2013/11/the-fiscal-and-monetary-policy.html

@ALL PLS COMMENT IF U AV IDEA:WROTE FIRSTCONTACT REQUESTING THEM TO ASSIST ME OBTAIN /BID FOR ME,WAS TOLD I SHOULD FORWARD A WRITTEN AUTHORITY REQUESTING THAT,BEING ADDRESSED TO MY BRANCH OFFICE ATTACHING BIO DATA PAGE OF MY INTERNATIONAL PASSPORT,INWHICH I DID,BUT WITHOUT INTERNATIONAL PASSPORT ,RATHER DRIVERS LICENCE TELLING THEM I HAVE NO INTERNATIONAL PASSPORT,FEW DAY LETTER PRCISLY ON 4 OCT MY ACCOUNT WAS DEBITED FOR TB FOR THE AMOUNT I SPECIFIED.PLS AM CONFUSED ABOUT THIS UPFRONT INTREST THING,HOW DOES IT WORK....?

ikemefunam: @ALL PLS COMMENT IF U AV IDEA:WROTE FIRSTCONTACT REQUESTING THEM TO ASSIST ME OBTAIN /BID FOR ME,WAS TOLD I SHOULD FORWARD A WRITTEN AUTHORITY REQUESTING THAT,BEING ADDRESSED TO MY BRANCH OFFICE ATTACHING BIO DATA PAGE OF MY INTERNATIONAL PASSPORT,INWHICH I DID,BUT WITHOUT INTERNATIONAL PASSPORT ,RATHER DRIVERS LICENCE TELLING THEM I HAVE NO INTERNATIONAL PASSPORT,FEW DAY LETTER PRCISLY ON 4 OCT MY ACCOUNT WAS DEBITED FOR TB FOR THE AMOUNT I SPECIFIED.PLS AM CONFUSED ABOUT THIS UPFRONT INTREST THING,HOW DOES IT WORK....?

U are supposd to get ur interest immediately ur account is debite, i think they usually subtract ur interest 4rm d amount u re buying n take d rest e.g if u are buyin t-bills worth of 500k n ur interet is supposed to b 50k dey jst take 450k frm ur acc

ikemefunam: @ALL PLS COMMENT IF U AV IDEA:WROTE FIRSTCONTACT REQUESTING THEM TO ASSIST ME OBTAIN /BID FOR ME,WAS TOLD I SHOULD FORWARD A WRITTEN AUTHORITY REQUESTING THAT,BEING ADDRESSED TO MY BRANCH OFFICE ATTACHING BIO DATA PAGE OF MY INTERNATIONAL PASSPORT,INWHICH I DID,BUT WITHOUT INTERNATIONAL PASSPORT ,RATHER DRIVERS LICENCE TELLING THEM I HAVE NO INTERNATIONAL PASSPORT,FEW DAY LETTER PRCISLY ON 4 OCT MY ACCOUNT WAS DEBITED FOR TB FOR THE AMOUNT I SPECIFIED.PLS AM CONFUSED ABOUT THIS UPFRONT INTREST THING,HOW DOES IT WORK....?

Chomzy19: U are supposd to get ur interest immediately ur account is debite, i think they usually subtract ur interest 4rm d amount u re buying n take d rest e.g if u are buyin t-bills worth of 500k n ur interet is supposed to b 50k dey jst take 450k frm ur acc

First Bank does not discount your interest from the invested capital as suggested by Chomzy19- which is supposed to be the right thing- they will credit your account with the interest very soon- perhaps by Friday or early next week.

@all please i need assistance,i went to gtbank and applied for treasury bill, and i was told the bidding was today, and up till now my account has not been debited, was i given information on when the next bidding was taking place or has anyone used gtbank to apply and if yes how long did it take before you were debited

nairaxchan: @all please i need assistance,i went to gtbank and applied for treasury bill, and i was told the bidding was today, and up till now my account has not been debited, was i given information on when the next bidding was taking place or has anyone used gtbank to apply and if yes how long did it take before you were debited

calm down bro... the people that went to do the bidding at CBN are probably not even back in the office yet .

If you are successful, the amount due, less your upfront interest will be debited from you account tomorrow or Friday.

oga norrisman na my first time be this, i just needed to be sure if there was bidding today and possible scenarios.

Thanks 4 ur response, apprc8.

CBN STOP RATES

91 days ................10.89%

182 days...............11.60%

364 days ...............11.80%

Chomzy19: U are supposd to get ur interest immediately ur account is debite, i think they usually subtract ur interest 4rm d amount u re buying n take d rest e.g if u are buyin t-bills worth of 500k n ur interet is supposed to b 50k dey jst take 450k frm ur acc

I HAVE NOT RECEIVED ANY INTREST,WHAT DO U THINK I SHOULD DO?

Elai147:



First Bank does not discount your interest from the invested capital as suggested by Chomzy19- which is supposed to be the right thing- they will credit your account with the interest very soon- perhaps by Friday or early next week.

THANKS MAN,WILL KEEP MY FINGERS CROSSED.

ikemefunam: @ALL PLS COMMENT IF U AV IDEA:WROTE FIRSTCONTACT REQUESTING THEM TO ASSIST ME OBTAIN /BID FOR ME,WAS TOLD I SHOULD FORWARD A WRITTEN AUTHORITY REQUESTING THAT,BEING ADDRESSED TO MY BRANCH OFFICE ATTACHING BIO DATA PAGE OF MY INTERNATIONAL PASSPORT,INWHICH I DID,BUT WITHOUT INTERNATIONAL PASSPORT ,RATHER DRIVERS LICENCE TELLING THEM I HAVE NO INTERNATIONAL PASSPORT,FEW DAY LETTER PRCISLY ON 4 OCT MY ACCOUNT WAS DEBITED FOR TB FOR THE AMOUNT I SPECIFIED.PLS AM CONFUSED ABOUT THIS
UPFRONT INTREST TH
ING,HOW DOES IT.
WORK....?

@Ikemefunam I ve forwarded all the requirements you listed above, including my utility bill for the current month to firstcontact as requested by them.It is almost two weeks now and I've not heard from either firstcontact or my branch. Pls how long does it take them to respond in your own case? Iam realy worried.

@all pls, what is the minimum amount required by Gtbank for investment in treasury bills. A member of their staff told me sometime ago that it was N1 Million Naira minimum. Pls, forum members that applied for tbills through Gtbank, how far is this true. Your urgent response shall be appreciated pls.

When next is bidding date? was told it on monday 11th.How true is dat?

I did a tb of 1.1million naira with first bank, kwara State I received #26,212..is this my profit? I thought they say 10% or I will still receive another payment? If no..T.B is totally waste of time!!

chegson:

@Ikemefunam I ve forwarded all the requirements you listed above, including my utility bill for the current month to firstcontact as requested by them.It is almost two weeks now and I've not heard from either firstcontact or my branch. Pls how long does it take them to respond in your own case? Iam realy worried.

I WAS ATTENDED TO IMMEDIATELY,I IST WROTE THEM THAT AM A BUSY TYPE AND NEVER HAVE TIME TO LEAVE OFFICE DURING WORKING DAYS,IF THEY CAN.......SO WHEN I WAS TOLD TO WRITE THE LETTER ADDRESSED TO MY BRANCH I WROTE IT WITH SIGNATURE SPECIMEN(MINE) AS AN ATTACHEMENT,IN MY FORWARDING LETTER I ATTENTIONED IT TO THE PERSON THAT REPLIED ME COPING HER PERSONAL OFFICE MAIL ADRESS E.G.

RE:REQUEST TO BID TREASURY BILL ON MY BEHALF(CAPTION)

ATTENTION:ONYIA MUSTAPHA.

.............

@all anybody that has received his upfront intrest for nov 3rd or 4th bid for firstbank?NEED REPLY URGENTLY PLS.

Please I will like to know about treasury bills as it pertains to the Nigerian banking system. I will also like to know how to buy TBs. Please send me a mail on tosinajiboye@gmail.com

moneybag100: I did a tb of 1.1million naira with first bank, kwara State I received #26,212..is this my profit? I thought they say 10% or I will still receive another payment? If no..T.B is totally waste of time!!

And you will claim that you are a graduate o. Were you expecting 10% for 3 months? Its advertised as 10% PA so if you have invested for only 3 months, you get only 2.5%

pappilo:

And you will claim that you are a graduate o. Were you expecting 10% for 3 months? Its advertised as 10% PA so if you have invested for only 3 months, you get only 2.5%

lol

but thats a bit harsh,

you'd done a better job breaking it down for him.

inze:

lol

but thats a bit harsh,

you'd done a better job breaking it down for him.

Harsh indeed !

pappilo:

And you will claim that you are a graduate o. Were you expecting 10% for 3 months? Its advertised as 10% PA so if you have invested for only 3 months, you get only 2.5%

Why the insult ? I never knew it was PA, I got it all wrong, get that to you dumb head MR GRADUATE

Hi pals, av been following dis trend. U guyz are really doing a great job. Plz i need clarification on this, if one want too invest in TB, do u just pick an interest rate or check the previous rate before choosing what to bid for. Secondly, if one pick an interest rate of 11% for 91days and CBN actually rate came out as 10.59%, does it mean the investement will be unsuccessful or the investment will take effect with CBN rate. Thanks.

Hi pals, av been following dis trend. U guyz are really doing a great job. Plz i need clarification on this, if one want to invest in TB, do u just pick an interest rate or check the previous rate before choosing what to bid for. Secondly, if one pick an interest rate of 11% for 91days and CBN actual rate came out as 10.59%, does it mean the investment will be unsuccessful or the investment will still take effect with CBN rate. Thanks.