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Treasury Bills In Nigeria - Investment (448) - Nairaland

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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

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Re: Treasury Bills In Nigeria by carik(m): 9:20am On Jan 02, 2018
Morning Fellas

Can the tb be started with 100k,what are the profits and yield time

Thanks
Happy new year
Re: Treasury Bills In Nigeria by vitality22(m): 10:16am On Jan 02, 2018
feelamong:

Happy New year to everyone in this Great Forum!

As we plan our Investment Portfolios for the year...... I encourage everyone to work harder, invest more than you ever did in the past year, read more and seek out better Investment opportunities for your hard earned funds.

Take a little more risk...try out new frontiers but always make sure its a calculated risk you are taking.

Those of us that tried the Cryptos arena know very well what I am talking about! Averaging over 12,000% Return is no Joke!

Once again Do have a rewarding and fun filled year!
Good morning, many thanks for this advise. Usitech was a huge success in 2017, my only regret was not starting investment with Usitech early enough. I know 2018 will definitely be better. I look forward to making more money from Usitech in 2018. If you are not on Usitech yet, you are really missing. Request to be added to the whatsapp group and you will be glad you did.

1 Like

Re: Treasury Bills In Nigeria by vitality22(m): 10:17am On Jan 02, 2018
vitality22:

Good morning, many thanks for this advise. Usitech was a huge success in 2017, my only regret was not starting investment with Usitech early enough. I know 2018 will definitely be better. I look forward to making more money from Usitech in 2018. If you are not on Usitech yet, you are really missing. Request to be added to the whatsapp group and you will be glad you did.
Re: Treasury Bills In Nigeria by TONY56: 10:56am On Jan 02, 2018
meetchandus:
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


Hmmmm.
In my opinion, one should take some risks and in this light, I think it's better to take the risk in partaking in this first auction of the year because the auction has been on suspension for weeks, the CBN has also recently mopped up liquidity in the system and this is a period when money is generally scarce due to payments of school fees and Christmas spendings etc.

My guess is that rush for TB tomorrow is going to be low whereas the offer is not low>>N11.76b; N33.9b &N115.84b for 91; 182 &364 days tenors respectively out of total of N1.3Trillion earmarked for this first quarter by CBN.

I won't be suprised if the stop rate tomorrow will be one of the highest in this first quarter since a lot of people want to "wait and see" and rush afterwards may bring subsequent ones down if demand outweighs supply from CBN.

That's my personal opinion and I have already submitted my completed form for tomorrow's auction.

7 Likes

Re: Treasury Bills In Nigeria by davit: 3:01pm On Jan 02, 2018
TONY56:



Hmmmm.
In my opinion, one should take some risks and in this light, I think it's better to take the risk in partaking in this first auction of the year because the auction has been on suspension for weeks, the CBN has also recently mopped up liquidity in the system and this is a period when money is generally scarce due to payments of school fees and Christmas spendings etc.

My guess is that rush for TB tomorrow is going to be low whereas the offer is not low>>N11.76b; N33.9b &N115.84b for 91; 182 &364 days tenors respectively out of total of N1.3Trillion earmarked for this first quarter by CBN.

I won't be suprised if the stop rate tomorrow will be one of the highest in this first quarter since a lot of people want to "wait and see" and rush afterwards may bring subsequent ones down if demand outweighs supply from CBN.

That's my personal opinion and I have already submitted my completed form for tomorrow's auction.
I just submitted mine too. Fingers crossed.
Re: Treasury Bills In Nigeria by ositadima1(m): 3:48pm On Jan 02, 2018
feelamong:

Happy New year to everyone in this Great Forum!

As we plan our Investment Portfolios for the year...... I encourage everyone to work harder, invest more than you ever did in the past year, read more and seek out better Investment opportunities for your hard earned funds.

Take a little more risk...try out new frontiers but always make sure its a calculated risk you are taking.

Those of us that tried the Cryptos arena know very well what I am talking about! Averaging over 12,000% Return is no Joke!

Once again Do have a rewarding and fun filled year!

12,000% ROI? Una dey print money ni? if I had invested that 500k I for hold 60 mils for hand now ��
Re: Treasury Bills In Nigeria by confluence: 4:02pm On Jan 02, 2018
Feelamong.is right, around January 2017 bitcoin was around $1000 imagine last two weeks of December 2017 was around $19000 , imagine those who took the risk and bought 1 or two coin must be sitting on precious digital currency
ositadima1:


12,000% ROI? Una dey print money ni? if I had invested that 500k I for hold 60 mils for hand now ��
Re: Treasury Bills In Nigeria by meetchandus(m): 6:10pm On Jan 02, 2018
TONY56:



Hmmmm.
In my opinion, one should take some risks and in this light, I think it's better to take the risk in partaking in this first auction of the year because the auction has been on suspension for weeks, the CBN has also recently mopped up liquidity in the system and this is a period when money is generally scarce due to payments of school fees and Christmas spendings etc.

My guess is that rush for TB tomorrow is going to be low whereas the offer is not low>>N11.76b; N33.9b &N115.84b for 91; 182 &364 days tenors respectively out of total of N1.3Trillion earmarked for this first quarter by CBN.

I won't be suprised if the stop rate tomorrow will be one of the highest in this first quarter since a lot of people want to "wait and see" and rush afterwards may bring subsequent ones down if demand outweighs supply from CBN.

That's my personal opinion and I have already submitted my completed form for tomorrow's auction.


Thanks a lot..Submitted mine already
Re: Treasury Bills In Nigeria by Pharmtj: 7:47pm On Jan 02, 2018
vitality22:

Good morning, many thanks for this advise. Usitech was a huge success in 2017, my only regret was not starting investment with Usitech early enough. I know 2018 will definitely be better. I look forward to making more money from Usitech in 2018. If you are not on Usitech yet, you are really missing. Request to be added to the whatsapp group and you will be glad you did.
how do I request to be added to the group
Re: Treasury Bills In Nigeria by Xkoba: 8:01pm On Jan 02, 2018
meetchandus:



Thanks a lot..Submitted mine already
Hello , I plan to bid this week. I contacted UBA I was informed they have submitted their bid..pls which bank is available
Re: Treasury Bills In Nigeria by TONY56: 8:52pm On Jan 02, 2018
Xkoba:

Hello , I plan to bid this week. I contacted UBA I was informed they have submitted their bid..pls which bank is available

Sorry there's no way you can do that again this week.
Auction takes place tomorrow morning and there is no bank that can take your bid this evening.
Sorry o. Wait till next fortnight and submit your bid at least 48hrs before 17th January which is the next auction date after tomorrow.

1 Like

Re: Treasury Bills In Nigeria by Geist(m): 9:39pm On Jan 02, 2018
TONY56:


Sorry there's no way you can do that again this week.
Auction takes place tomorrow morning and there is no bank that can take your bid this evening.
Sorry o. Wait till next fortnight and submit your bid at least 48hrs before 17th January which is the next auction date after tomorrow.
Can you please describe how to place bids and what rate do you think would be favorable this period?
Re: Treasury Bills In Nigeria by davit: 11:50pm On Jan 02, 2018
I just checked my account balance via my bank s app. The money has been deducted with extra 2500.Not sure what this means anyways since the other TB I did were not this way. Waiting for the outcome either tomorrow or Thurs. Fingers crossed!
Re: Treasury Bills In Nigeria by TONY56: 7:04am On Jan 03, 2018
Geist:
Can you please describe how to place bids and what rate do you think would be favorable this period?


Hmmmmmm.
If you don't know how to place bids, I guess you don't know much about Treasury Bills yet. So my advice is that you go to the beginning of this thread and start reading so as to acquire knowledge about it.
If I answer your question now, you will definitely continue to ask more.
This year, I want people who want to know about TB to sacrifice time to read the thread from the beginning to about the middle or more for better understanding because there's no question you want to ask that has not been answered very well by many gurus on this beautiful thread. There are some questions people ask on this thread that shows that they have not been following the thread or that they know little or nothing about TB. And such people should just do the needful by going to the beginning of the thread instead of waiting to be spoon fed and they often get their fingers burnt. I did just that too and funny enough some people now wrongly think that i am a guru grin grin grin-it doesn't really take too much time if you are really determined to learn.

I am really sorry if I sound harsh but that's my decision this 2018 and those who are ready to keep answering repeated questions can continue to do so for I have decided to "teach people how to fish" rather than giving them fish.
Anyone who takes to my advice will thank me later cause with time, they will be well equipped and informed so much that instead of asking questions on this thread, they will be sharing and discussing Treasury Bills like a guru.

7 Likes 1 Share

Re: Treasury Bills In Nigeria by TONY56: 7:18am On Jan 03, 2018
Believe it or not, i am a Mechanical Engineer and ALL I have contributed on this thread were acquired from here and very few other sources BUT majorly by reading from page 0 till when I joined the thread less than a year ago in 2017 and I have cause to be grateful to God for what I have gained in less than one year.

What it really need is courage and determination. Nothing more. When I joined this thread, nobody knew that I was a newbie and people would not even believe if i told them because I had digested the earlier pages and joined by contributing without asking questions and I am still learning too.

Many thanks to those who started this very beautiful thread and the many gurus herein who I have great respect for

4 Likes

Re: Treasury Bills In Nigeria by zinaunreal(m): 7:25am On Jan 03, 2018
Please i did treasury bills at gtbank. Is my money safe there? What if the bank should crash due to their ongoing saga? since na govt hold the money how do i get it back? Or should i just go and cancel the bills? Please advice needed

1 Like

Re: Treasury Bills In Nigeria by Nobody: 8:14am On Jan 03, 2018
zinaunreal:
Please i did treasury bills at gtbank. Is my money safe there? What if the bank should crash due to their ongoing saga? since na govt hold the money how do i get i back. Or should i just go amd cancel the bills? Please advice needed

Man, take a chill pill. Nothing will happen to your money and moreover bank don't just crash but get acquired by other bank. How do u mean that a whole GTB Tier 1 bank with Market capitalization of around 1.2 Trillion naira will just just crash, even those that have shares in GTB are not panicking let alone you with treasury bills that is guaranteed by the full faith of Federal Republic of Nigeria.

9 Likes

Re: Treasury Bills In Nigeria by MrHighSea: 8:18am On Jan 03, 2018
TONY56:
Believe it or not, i am a Mechanical Engineer and ALL I have contributed on this thread were acquired from here and very few other sources BUT majorly by reading from page 0 till when I joined the thread less than a year ago in 2017 and I have cause to be grateful to God for what I have gained in less than one year.

What it really need is courage and determination. Nothing more. When I joined this thread, nobody knew that I was a newbie and people would not even believe if i told them because I had digested the earlier pages and joined by contributing without asking questions and I am still learning too.

Many thanks to those who started this very beautiful thread and the many gurus herein who I have great respect for
Top truth.
Re: Treasury Bills In Nigeria by TONY56: 11:42am On Jan 03, 2018
Can anyone guess what we are likely to have as stop rates in today's TB biding?
Re: Treasury Bills In Nigeria by Adayoung(f): 12:04pm On Jan 03, 2018
Between mmf and tb which yeilds more
Re: Treasury Bills In Nigeria by Nobody: 12:45pm On Jan 03, 2018
Adayoung:
Between mmf and tb which yeilds more
Treasury bills because all other money market investment takes reference to its yield.
Re: Treasury Bills In Nigeria by Adayoung(f): 3:16pm On Jan 03, 2018
Jejebaba:

Treasury bills because all other money market investment takes reference to its yield.
thanks.
Re: Treasury Bills In Nigeria by lancee(m): 3:19pm On Jan 03, 2018
Still waiting for the results of todays T-bills ..we need to know which direction we re going
Re: Treasury Bills In Nigeria by thotianna: 3:27pm On Jan 03, 2018
lancee:
Still waiting for the results of todays T-bills ..we need to know which direction we re going
I know right? I have checked like 3 times today already.

1 Like

Re: Treasury Bills In Nigeria by vitality22(m): 3:44pm On Jan 03, 2018
Pharmtj:
how do I request to be added to the group
You can send me a whatsapp message and your name on 08099663004.
Re: Treasury Bills In Nigeria by TONY56: 3:51pm On Jan 03, 2018
thotianna:

I know right? I have checked like 3 times today already.

While waiting to see the official stop rates, let me wet your appetite with the speculations from PROSHARE:

https://www.proshareng.com/news/%20Bonds%20&%20Fixed%20Income/Ahead-of-Next-T-bills-Auction-Scheduled-for-3rd-January--2018/37850
Re: Treasury Bills In Nigeria by yinka2011: 5:22pm On Jan 03, 2018
Result of todays PRIMARY MARKET AUCTION direct from easykobo




link is here https://www.easykobo.com/News.aspx?id=19892

Re: Treasury Bills In Nigeria by TONY56: 5:31pm On Jan 03, 2018
yinka2011:
Result of todays PRIMARY MARKET AUCTION direct from easykobo




link is here https://www.easykobo.com/News.aspx?id=19892

Considering the situation of things in the country now, me think it's not really bad and subsequent ones may be lower this quartet because this was really over subscribed.

1 Like

Re: Treasury Bills In Nigeria by vitality22(m): 8:34pm On Jan 03, 2018
Hmmmm, just like yesterday 6 months is already here, one of my Tbills will mature tomorrow.

6 Likes

Re: Treasury Bills In Nigeria by jaychubi: 6:02am On Jan 04, 2018
All those ppl discussing crypto nonsense on this thread shld stop and go to crypto threads. Here is strictly for TB. Bikonu

3 Likes

Re: Treasury Bills In Nigeria by Ojix85: 11:03am On Jan 04, 2018
Just got a notification that GTBank's bid failed at 14.42%pa for 364 days.

angry angry angry
Re: Treasury Bills In Nigeria by Destinydele: 11:55am On Jan 04, 2018
I also received email now from first bank that their 364 days bid failed..

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