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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4608655 Views)
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 ChybuzzDD(m): 11:17am On Jun 23, 2021 |
maishai: No, problem, you would rather hold brief for your clueless brother who has run the country aground. Is that stupid disclaimer really necessary?? 2 Likes |
Re: Treasury Bills In Nigeria by Emndy(m): 12:42pm On Jun 23, 2021 |
exclusiveoloori: Yes, fund managers now receive funds/subscriptions via their custodian banks (as it should be). FBNQ made the change too. hope this picture helps.
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Re: Treasury Bills In Nigeria by exclusiveoloori: 12:56pm On Jun 23, 2021 |
Emndy: Thank you |
Re: Treasury Bills In Nigeria by Akerewe(m): 1:22pm On Jun 23, 2021 |
Adinije:yes i did same. if u av CSCS ACCOUNT just fund your stockbroaking account and send a mandate tru email 1 Like |
Re: Treasury Bills In Nigeria by Akerewe(m): 1:44pm On Jun 23, 2021 |
pls Oga Emmanuelewumi, i need clarifications on some things sir,, i bought a bond from stanbic @ 12.4% but to my suprise after i demanded for the analysis i discoverd that at maturity, my face value will be less tha my initial capital. like 49k will miss from my capital according to their breakdown. is this a normal thing or something went wrong? the bond is at 100.05 @ d rate of 12.4% emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:04pm On Jun 23, 2021 |
Akerewe: When will it mature? What was the yield? From my calculation you invested about N1 Million and you have been getting a coupon of 123k per annum. You bought at a premium, you should be more concerned the yield. You bought at N100.05 at maturity you will be paid N100.00 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:05pm On Jun 23, 2021 |
Akerewe: Who is the Stockbroker that bought for you? |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:13pm On Jun 23, 2021 |
stanbic ibtc stockbrokers, i just mail them and ask them for bond offer and i was asked to fun my cscs account nd the next thing i saw was transaction notification. i bought 1.5m but a change of like #890 was left in my account. emmanuelewumi: |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:14pm On Jun 23, 2021 |
its a new deal, just 2days ago. it was sold to me on Monday. emmanuelewumi:its for 2036 nd @ 12.40%. pls let me know if they cheat me so that i can start dragging them or is this how bond works? av bn buying treasury bills, sukuk and money market. i bought bond for the first time |
Re: Treasury Bills In Nigeria by ukay2: 2:19pm On Jun 23, 2021 |
Akerewe: You bought at premium price ...above 100 There is Par price...100 There is discount price....below 100 You will be ok with the coupons of you stay till maturity or sell when the bond market becomes bullish |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:21pm On Jun 23, 2021 |
Akerewe: You bout at N100.05 and you will get a coupon of N12.40 per annum, your yield is 12.39%. You will be paid at N100 at maturity if you hope to hold till then |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:23pm On Jun 23, 2021 |
am new to this, pls is everything ok with the bond or i was cheated by the broaker? and perhaps which one is the best among all these types of condition u listed. at par, at premium and at discount? thanks for ur input ukay2:ok if i sell at bullish will my capital be guarantee and will i make small money on it/ |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:25pm On Jun 23, 2021 |
emmanuelewumi:no the coupon is about 179k+ |
Re: Treasury Bills In Nigeria by ukay2: 2:32pm On Jun 23, 2021 |
Akerewe: Your not cheated at all The bond is ok Just target at discount prices next time to help you buy at discount price, like buying 1.5M bond for 1.4M... ...you get better the more you invest Some investors may have bought at higher premium prices like 150 in the early days of their bond investments... Keep learning as you invest.... 1 Like |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 2:36pm On Jun 23, 2021 |
Akerewe:Incase you didn't understand all the grammars, the long and short of it is that, You were not cheated. Everything is fine but you MIGHT loss if you don't hold till maturity. 2 Likes |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:39pm On Jun 23, 2021 |
ukay2:noted boss, i was just in haste to throw the money into something b4 the rate crash again because the money had been idle in mutual fund since january and i cant really factor out any interest payment on it because of their 0.1, -0.1 rate and the likes |
Re: Treasury Bills In Nigeria by maishai: 2:40pm On Jun 23, 2021 |
any-body here bought bond with the meritrade interface ![]() ![]() ![]() ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:43pm On Jun 23, 2021 |
pls bosses in the house, is there exist any passive investment with a re-investment and compounding option? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:45pm On Jun 23, 2021 |
Akerewe: No bad as another stream of income, make sure you send part the extra streams of income on errands to create more money 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:46pm On Jun 23, 2021 |
Akerewe: Fixed Income Fund. Nothing bad in doing your reinvestment and diversification by yourself 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:52pm On Jun 23, 2021 |
OgogoroFreak: It is plus and minus, You invested N1,050,000 and got coupon of N125,000 for 4 years and decided to sell at N1,000.000 at a loss of 50k. The 500k coupon is part of his return on investment. While calculating his yield the premium paid for the investment was taken into consideration 1 Like |
Re: Treasury Bills In Nigeria by Akerewe(m): 3:08pm On Jun 23, 2021 |
good, namely pls and from which broaker can i get that investment that would allow me to reinvest my coupon annually with the capital emmanuelewumi: |
Re: Treasury Bills In Nigeria by Akerewe(m): 3:09pm On Jun 23, 2021 |
i will do exactly boss emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:31pm On Jun 23, 2021 |
Akerewe: I use United Capital Asset Management and FSDH Asset Management. I get better returns from United Capital fixed income. I reinvest the dividends, I sell when I need funds. Sold about N1.5 million of my United Capital fixed income fund yesterday morning and got paid today. Unlike Money Market Fund where you will be paying within hours 6 Likes |
Re: Treasury Bills In Nigeria by Akerewe(m): 3:48pm On Jun 23, 2021 |
emmanuelewumi:noted chief |
Re: Treasury Bills In Nigeria by Hamachi(f): 3:53pm On Jun 23, 2021 |
RayRay06677:How? |
Re: Treasury Bills In Nigeria by Hamachi(f): 3:56pm On Jun 23, 2021 |
emmanuelewumi:Government gave them 150m |
Re: Treasury Bills In Nigeria by Hamachi(f): 3:57pm On Jun 23, 2021 |
Lazyyouth4u:This 2 in Evey 10 tenants |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:58pm On Jun 23, 2021 |
Hamachi: He will make that within 3 years. The property should be 6 plots and above I guess he must have Invested the money made from the property in the last 40 years to other things 1 Like |
Re: Treasury Bills In Nigeria by Hamachi(f): 3:59pm On Jun 23, 2021 |
![]() 400billionman: |
Re: Treasury Bills In Nigeria by Hamachi(f): 4:05pm On Jun 23, 2021 |
emmanuelewumi:Within six months he would make that |
Re: Treasury Bills In Nigeria by Adinije(f): 4:26pm On Jun 23, 2021 |
Akerewe:I have just Stanbic bank account |
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