How long does it take generally to be credited once the T-bill reaches maturity? One of my FBN secondary market purchases is due today, is there any action required from investor or just sidon look while it drops? Thanks

megacontrol:
How long does it take generally to be credited once the T-bill reaches maturity? One of my FBN secondary market purchases is due today, is there any action required from investor or just sidon look while it drops? Thanks

Mine dropped around 10.00am today. First Bank has network issues so you might not get an alert, but you can check your account balance through First online or use your ATM to check your balance.

megacontrol:
How long does it take generally to be credited once the T-bill reaches maturity? One of my FBN secondary market purchases is due today, is there any action required from investor or just sidon look while it drops? Thanks

You should see the credit by tomorrow morning latest.

thanks for the prompt response.

honestly,i now wish this was longer tenure considering the rate it was purchased and fact that i do not necessarily need this cash at this time.
Now that the rate sucks, i have to look elsewhere.

emmanuelewumi:


Mine dropped around 10.00am today. First Bank has network issues so you might not get an alert, but you can check your account balance through First online or use your ATM to check your balance.

MOM1:


You should see the credit by tomorrow morning latest.

I was at FBN today. These were the rates on offer:

short
14 days @ 12.5%

49 days @ 10.5%

84 days @ 10%

98 days @ 12%


longer
238 days @ 13%

245 days @ 14%

294 days @ 14.2%

6 days to the next auction, I am optimistic.

megacontrol:
thanks for the prompt response.

honestly,i now wish this was longer tenure considering the rate it was purchased and fact that i do not necessarily need this cash at this time.
Now that the rate sucks, i have to look elsewhere.

NSE. Its going to rock in early 2018. The signals are looking good. Do your due diligence.

help house, please I want to do this treasure bill, is it on sale, and can I make use of my bank fidelity to purchase.

Good morning house, please I went to a branch of FBN today to apply for TB and the guy sounded uninterested, though he asked me to fill the form but I don't trust him and I really need the TB now. I am planning to go to another branch and fill the form but please what is the implication if the 2 of them eventually process it?

[quote author=Dalighieri post=63684546][/quote]


Good Day Sir,

You can do your research and choose from the following Stockbroking Firm;
- CSL Stockbrokers
- Meristem Securities Limited
- Morgan Capital Group.

Sir, i would suggest you hold on to your stock investment until July 2018. However, if you are in urgent need of cash, you can divest in April/May 2018. As in all investments, the decision is yours.

Best regards.

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Please i wish to invest in FGN savings Bond...how do I go about it?

Hi guyz, I have 400k which am willing to purchase TB with it.... Help as am new to this. Which rate and tenor will b nice... Thanks...

adetumi:
Good morning house, please I went to a branch of FBN today to apply for TB and the guy sounded uninterested, though he asked me to fill the form but I don't trust him and I really need the TB now. I am planning to go to another branch and fill the form but please what is the implication if the 2 of them eventually process it?

There is no big deal if you have enough money in your account to pay for both.
If not, which ever branch that debits your account first shall be the one that will buy it for you while the other one will not buy since you don't have funds to back the 2nd one up.

You really don't need to do what you did especially if you don't intend to process both. You could have simply gone to another branch where the officer could "sound interested"

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HAPPY NEW YEAR TO YOU ALL.

Remember that you have only tomorrow Tuesday 2nd January 2018 to apply for the very first Treasury Bill of 2018 which will be bided for on Wednesday 3rd January 2018.

Happy New Year 2018!!!
i wish God's Favour althrough this year!
...with love DD

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Happy new year

HAPPY NEW YEAR TO THE GUYZ ON THIS THREAD.


In another news , if you know you have not had your birth this year please gather here for prayers.
6. 44pm.

TONY56:
HAPPY NEW YEAR TO YOU ALL.

Remember that you have only tomorrow Tuesday 2nd January 2018 to apply for the very first Treasury Bill of 2018 which will be bided for on Wednesday 3rd January 2018.

Thanks sir.. will wait till the second t bills to see how rates will be like..Dont want bank to tell me stories / biddin for rates that doesn't make sense

Please what is the minimum amount of money needed to buy treasury bills.

Xlarge42:
Please what is the minimum amount of money needed to buy treasury bills.

100k I guess

Izuogu1:
100k I guess

That's in FBN, GTB is 500k.

MrHighSea:

That's in FBN, GTB is 500k.

ok.

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Happy new year to you all.Glad to be a part of these forum as it has helped me a lot..Please will like to know if it is advisable to go for primary market this week or wait to see how the rate turns out...

Thanks will appreciate any contribution..

@TONY56

Please when can we go nd fill form

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Happy New year to everyone in this Great Forum!

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Once again Do have a rewarding and fun filled year!