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Treasury Bills In Nigeria - Investment (590) - 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 RealityShot: 9:16am On Oct 13, 2018
donshady:



All my investment will end December/January.. Let me shoot the shot then.. 15% grin grin grin
ME, I have locked in till next October at 12.8
Re: Treasury Bills In Nigeria by donshady(m): 9:18am On Oct 13, 2018
RealityShot:

ME, I have locked in till next October at 12.8

Sharp guy
Re: Treasury Bills In Nigeria by Akerewe(m): 12:03pm On Oct 13, 2018
Mfunkynation:
see Jamb question
respond to people's post with some manner. ok?

1 Like

Re: Treasury Bills In Nigeria by Akerewe(m): 2:57pm On Oct 13, 2018
Mfunkynation:

best wait for their response
I don't really know what stanbic has turn to dis, I call their help line yesterday on tbills nd i was told secondary market not available.
Re: Treasury Bills In Nigeria by Dreamflyin(m): 3:46pm On Oct 13, 2018
Akerewe:
I don't really know what stanbic has turn to dis, I call their help line yesterday on tbills nd i was told secondary market not available.

Surprising too. I have a few TBills yet to reach maturity, but I did a new N200k, and got N3,739 as SKPF.
First time am being debited such preposterous sum on a N5k+ interest.
I'm still waiting for their 'response'. I need an explanation. It's ridiculous.
Re: Treasury Bills In Nigeria by opeyemmmy(m): 3:59pm On Oct 13, 2018
Akerewe:
I don't really know what stanbic has turn to dis, I call their help line yesterday on tbills nd i was told secondary market not available.

Please send me a PM... I should be able to assist you with a reliable contact.
Re: Treasury Bills In Nigeria by Akerewe(m): 5:04pm On Oct 13, 2018
opeyemmmy:


Please send me a PM... I should be able to assist you with a reliable contact.
av port to Access bank shapely
Re: Treasury Bills In Nigeria by Adegokenath(m): 9:42pm On Oct 13, 2018
Akerewe:
av port to Access bank shapely
what is the access bank rate
Re: Treasury Bills In Nigeria by Nobody: 9:51pm On Oct 13, 2018
Do you all really leave your funds for a whole year??

1 Like 1 Share

Re: Treasury Bills In Nigeria by dipoolowoo: 12:12am On Oct 14, 2018
Re: Treasury Bills In Nigeria by Desanta(m): 10:18am On Oct 14, 2018
strategist007:
Do you all really leave your funds for a whole year??

Sure.
Why not?

2 Likes

Re: Treasury Bills In Nigeria by Olohunjedalo(m): 12:19pm On Oct 14, 2018
strategist007:
Do you all really leave your funds for a whole year??
grin grin
This is not “business” , it’s “investment”
grin

1 Like

Re: Treasury Bills In Nigeria by brane: 5:07pm On Oct 14, 2018
Olohunjedalo:

grin grin
This is not “business” , it’s “investment”
grin

More like let the money do some work at an interest rate above that of a savings account.
Re: Treasury Bills In Nigeria by Nobody: 5:13pm On Oct 14, 2018
Desanta:


Sure.
Why not?
the rates would definitely increase during that one year..while u will be stuck on an old rate
Re: Treasury Bills In Nigeria by Nobody: 5:14pm On Oct 14, 2018
Olohunjedalo:
grin grin This is not “business” , it’s “investment” grin
not advisable for a tbills investment where the rate is fixed
Re: Treasury Bills In Nigeria by Olohunjedalo(m): 6:06pm On Oct 14, 2018
strategist007:
not advisable for a tbills investment where the rate is fixed
Not advisable for you. Ok

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 8:55pm On Oct 14, 2018
I have 1m to buy Tbills 364 days. Any advice on a better bank? Gtb or Stanbic.

1 Like

Re: Treasury Bills In Nigeria by Nobody: 8:58pm On Oct 14, 2018
By d way can I buy from primary market with my 1m? Pls respond friends. Thanks

1 Like

Re: Treasury Bills In Nigeria by Just2endowed2(m): 9:02pm On Oct 14, 2018
Satoshi:
I have 1m to buy Tbills 364 days. Any advice on a better bank? Gtb or Stanbic.

Use stanbic to get better rate.
Re: Treasury Bills In Nigeria by ozymes: 7:53am On Oct 15, 2018
Millionnaireeeeee grin
Satoshi:
By d way can I buy from primary market with my 1m? Pls respond friends. Thanks
Re: Treasury Bills In Nigeria by dipoolowoo: 9:11am On Oct 15, 2018
Re: Treasury Bills In Nigeria by sunvick(m): 12:56pm On Oct 15, 2018
Please guys, when is the next primary market bidding gonner hold??

I heard its 18th, just want to be sure.
Thanks
Re: Treasury Bills In Nigeria by Skanas(m): 1:01pm On Oct 15, 2018
Satoshi:
I have 1m to buy Tbills 364 days. Any advice on a better bank? Gtb or Stanbic.
Need this advice too
Re: Treasury Bills In Nigeria by tolajay: 1:23pm On Oct 15, 2018
So, I decided to try out the primary market with FBN for once.

They’ve debited me this morning just when I thought the bidding/debiting will be on Wednesday. However, they’ve not credited my account with the interest rate.

I hope the rate comes out fine, and better than the secondary market ooo.

The Tbills officer said the last primary bidding was 13.1% for 365 days, so I thought it’d be a better deal this week.

Right now, fingers are crossed.

Anyone experiencing same situation?
Re: Treasury Bills In Nigeria by tolajay: 1:24pm On Oct 15, 2018
Stanbic’s rates are juicer than GTB.

Skanas:

Need this advice too
Re: Treasury Bills In Nigeria by zamirikpo(m): 1:26pm On Oct 15, 2018
sunvick:
Please guys, when is the next primary market bidding gonner hold??

I heard its 18th, just want to be sure.
Thanks

I think is on the 17th , housemates Don vex , them no dey answer questions on dates ...... grin

I have placed my order today.
Re: Treasury Bills In Nigeria by tolajay: 1:30pm On Oct 15, 2018
Absolutely!

As a young man (working class), it’s one of the most assured investments in a country where you’re not of what would happen the next minute.

Businesses hardly thrive, social services and nets are non-existing, virtually everyone wants to feed off your business and money once they see you’re starting out.

I lost over 500k to proxy farming barely a year back.

I’ve concluded that it’s safe to have your money in Tbills, collect the interest and wait till it’s maturity than start a business that you can’t be there to manage and get people to squander your sweat and blood work-out money.

But I know you know better!



strategist007:
Do you all really leave your funds for a whole year??

2 Likes

Re: Treasury Bills In Nigeria by freeman67: 1:48pm On Oct 15, 2018
tolajay:
So, I decided to try out the primary market with FBN for once.

They’ve debited me this morning just when I thought the bidding/debiting will be on Wednesday. However, they’ve not credited my account with the interest rate.

I hope the rate comes out fine, and better than the secondary market ooo.

The Tbills officer said the last primary bidding was 13.1% for 365 days, so I thought it’d be a better deal this week.

Right now, fingers are crossed.

Anyone experiencing same situation?


A generation of people in haste with everything... Go back and read at least 20 first pages to gain insight una no go gree.. That the deduction was done today does not mean you will get the interest today. First Bank most times debit your account to place the money on hold immediately you indicate interest by applying. However, TB primary market auction is usually on Wednesday of the week, then settlement is on Thursday that's from when you should start expecting your interest.

1 Like

Re: Treasury Bills In Nigeria by tolajay: 2:44pm On Oct 15, 2018
Your response would have been appreciated if and only you chose to be more civil and let go of your sweeping generalization.

SMH

freeman67:



A generation of people in haste with everything... Go back and read at least 20 first pages to gain insight una no go gree.. That the deduction was done today does not mean you will get the interest today. First Bank most times debit your account to place the money on hold immediately you indicate interest by applying. However, TB primary market auction is usually on Wednesday of the week, then settlement is on Thursday that's from when you should start expecting your interest.

4 Likes

Re: Treasury Bills In Nigeria by lancee(m): 3:08pm On Oct 15, 2018
https://punchng.com/siblings-in-forex-scam-as-3500-investors-demand-n2bn-deposits/



Newbies on this forum ..pls stick to fed govt tbills rates..Do not risk your hard earned money cos of difference of 2 to 5 percent ..If u do not know much about the companies don't risk it ..Most won't even tell you some of tbe businesses they re into .. This is naija but u can always minimize ur risk ..Thanks

1 Like 1 Share

Re: Treasury Bills In Nigeria by freeman67: 3:33pm On Oct 15, 2018
tolajay:
Your response would have been appreciated if and only you chose to be more civil and let go of your sweeping generalization.

SMH


Most times I don't do it for your appreciation.. I know it's what you are not aware of but instead of you to take time and find out you would rather want to be spoon fed with it.. I will not stress my self for that without stressing you too.

zamirikpo:


I think is on the 17th , housemates Don vex , them no dey answer questions on dates ...... grin

I have placed my order today.

If you check the bolded comment in the quote above you will know it's people like you that keep repeating already answered questions that have deprived others from getting what they should when they should. If not, auction dates changes and people can easily answer that but your particular question about FBN has been repeatedly answered and it remained that way so reading from behind would have resolved it.. Instead of noting what I said and move on, :Pyou want to show me you are foul mouthed by telling you would have appreciated my comments. Did you see me write anywhere that you should appreciate it?

1 Like

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