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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4542027 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 Incips: 7:44am On Aug 19, 2021 |
Great stuff! |
Re: Treasury Bills In Nigeria by dobnina(f): 9:21am On Aug 19, 2021 |
SALVAI:Don't do any Transaction with this guy. He is a Scammer. You have been warned. 9 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:24am On Aug 19, 2021 |
Adinije: It will reflect, call the customer service |
Re: Treasury Bills In Nigeria by Adinije(f): 12:18pm On Aug 19, 2021 |
emmanuelewumi:ok, Thanks |
Re: Treasury Bills In Nigeria by mickky22: 12:19pm On Aug 19, 2021 |
emmanuelewumi: Goodday Oga Emma |
Re: Treasury Bills In Nigeria by mickky22: 4:15pm On Aug 19, 2021 |
emmanuelewumi: Goodday Mr Emmanuelewumi, Trust is your day is great! I called Stanbicibtc stockbroker I was told that they can't help to buy from primary market... That I can only buy from secondary market... And is base on availability... I may not get choice bond. Please how can I buy from primary market with less than N50m. I missed yesterday bond just because I was unable write information on time. Please me... So I can buy next month. Thanks sir |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:25pm On Aug 19, 2021 |
mickky22: I buy through my bank. Find out about the secondary market offers, due to demand and supply it is possible to get better yield in the secondary market. What other assets or investments are you buying, I always preach diversification and steady cash flow from your investments or assets 5 Likes |
Re: Treasury Bills In Nigeria by mickky22: 5:14pm On Aug 19, 2021 |
emmanuelewumi: Hello sir I will appreciate if you can expantiate on them 1 Like |
Re: Treasury Bills In Nigeria by Akerewe(m): 6:05pm On Aug 19, 2021 |
mickky22:It may b at a premium or at a discounted rated. u may b lucky to come across high rate or lower rate from the secondary market. simply means, its base on availability. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:51pm On Aug 19, 2021 |
We now have the opportunity to japa out of this place 4 Likes
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Re: Treasury Bills In Nigeria by AngelicBeing: 6:59pm On Aug 19, 2021 |
emmanuelewumi:Hian, from fry-pan to fire ![]() 4 Likes
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Re: Treasury Bills In Nigeria by Adinije(f): 3:07pm On Aug 20, 2021 |
emmanuelewumi:
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:33pm On Aug 20, 2021 |
[quote author=Adinije post=104996280][/quote] Then send a mail |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:33pm On Aug 20, 2021 |
This will affect Kuda bank and Mayfair
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Re: Treasury Bills In Nigeria by Leezah(f): 8:36am On Aug 21, 2021 |
emmanuelewumi:TRUE |
Re: Treasury Bills In Nigeria by mickky22: 3:25pm On Aug 21, 2021 |
emmanuelewumi: Goodday Oga Emmanuelewumi I just opened account with Standbic IBTC Stockbroker. I just discovered that you are using Stanbic IBTC Asset management. Please what is the the difference between the two. I wants to use the account for FGN BOND and Euro bond. Thanks for urgent response. 1 Like |
Re: Treasury Bills In Nigeria by shulamitewoman(f): 6:09pm On Aug 21, 2021 |
Pls wen is the next treasury bill auction date and percentages? Plsss |
Re: Treasury Bills In Nigeria by emmasoft(m): 7:01pm On Aug 21, 2021 |
shulamitewoman: Next Auction date is Wednesday 25th August 2021. As at the last auction 1year rate was 7.35% If you wish to participate, you must be at your bank latest on Tuesday 24th August 2021 before 10am to apply. At the current rate, MMF is a better option than tbills. Just my opinion. 6 Likes |
Re: Treasury Bills In Nigeria by Entrepreneurrr: 7:41pm On Aug 21, 2021 |
emmasoft: What is d rate for mmf and d risk involved please? Is it possible to loose ur principal? |
Re: Treasury Bills In Nigeria by emmasoft(m): 8:32pm On Aug 21, 2021 |
Entrepreneurrr: Currently, Abacus money market fund managed by investment one is 7.86% as at yesterday and it's upward looking. By nature of fund no investor loses principal invested in mmf. The underlying assets of mmf is tbills and commercial paper basically. Another advantage of mmf is that you can redeem your funds without penalty after 30 days. You can also top up with any amount at any interval. To open account click the link on my signature to complete the online form. Note: You don't need cash to open Abacus money market fund account. It's free. You can also chat me up if you need further clarifications. 4 Likes |
Re: Treasury Bills In Nigeria by Foodempire: 8:55pm On Aug 21, 2021 |
https://www.nairaland.com/6712307/only-maximum-10000-domicilary-account Here we go again, CBN trying hard to deprive people from accessing dollar. Can the ants be easily separated from sugar? 1 Like |
Re: Treasury Bills In Nigeria by emmasoft(m): 9:07pm On Aug 21, 2021 |
Why I will prefer MMF at the current rate to one year Tbills. If you are following the low risk investment vehicles of recent particurly Tbills and money market fund MMF you will notice it's looking brighter compare to last year. Some reasons why I will prefer mmf are: You can start MMF with much lower amount compare to Tbills. With 1,000 you can start investing in Abacus MMF. The least for TBills is 100k. When rate increases it will not affect already invested funds in Tbills but it does with MMF You can't top up with Tbills. Top up is very possible with MMF even if you want daily top up. Terminating before tenor expiration in Tbills comes with penalties. For MMF after just 30 days exit is without penalties. MMF has other instruments like commercial papers that contributes to its rate. You can easily automate reinvestment of interest in MMF ie taking advantage of the power of compound interest. It's the investor that determines MMF tenor hence you can hold MMF as long as you wish no restrictions, Tbills particularly primary auction has fixed tenors 3 months, 6 months or 1 year. Right now mmf rates is on the rise. The above are my opinions. Do your due diligence. To open Abacus money market fund click the link on my signature. 5 Likes |
Re: Treasury Bills In Nigeria by shulamitewoman(f): 9:13pm On Aug 21, 2021 |
Pls can I knw more abt mmf |
Re: Treasury Bills In Nigeria by Entrepreneurrr: 9:22pm On Aug 21, 2021 |
emmasoft: Thanks. I saw where i will put my account number. Is it the account that i will use to fund the account created? |
Re: Treasury Bills In Nigeria by emmasoft(m): 9:35pm On Aug 21, 2021 |
shulamitewoman: First let me point out clearly that MMF is the best you can do if you are risk averse and if you want to have access to your money any time and still enjoy good rate. Abacus money market fund as the name implies is a MMF. Principal underlying asset is treasury bills and commercial papers hence there is little or no risk at all. You can only lose money if the country no longer exist. The interest is daily valued. It's currently 7.86% and it's upward looking base on economic realities right now. Interest can't be fixed because of market forces on Tbills but be rest assured there will always be interest and your capital is guaranteed. If you are conservative with low risk appetite then Abacus mmf is best for you. You earn interest daily but it's paid every quarter on the first day of the next quarter ie Jan 1st, April 1st, July 1st, Oct. 1st. You can also give instruction for your interest to be reinvested (compounding) which will be done automatically on those days as mentioned earlier. The one for second quarter was done July 1st. The 3rd quarter interest will be paid/reinvested Oct. 1st. Your capital and interest is guaranteed. minimum holding period is 30days and initial deposit from 1,000. Parties to the fund: Fund manager - investment one Trustees: United capital trustees ltd. custodian: citibank regulator: SEC You can do everything online- register and monitor your account. Depositing money is not restricted it can be any amount from 1,000 and at any interval without a specific pattern. Whenever you invest in the fund, your interest is prorated to cover the period of your investment before the payment date. That means if you register and invest say today 21st August 2021 you will be paid interest for 21st to 30th of September for that period and continues till another payment date. You can also reach me with the number on my signature if you need more. 1 Like |
Re: Treasury Bills In Nigeria by emmasoft(m): 9:44pm On Aug 21, 2021 |
Entrepreneurrr: The account number that is requested is the account that you can redeem your fund into or the account that your interest will be paid into. Your account can be funded from any account. 1 Like |
Re: Treasury Bills In Nigeria by Chuky7(m): 6:56pm On Aug 22, 2021 |
freeman67: Thank You for this. Is the FG Euro bonds the only and best way to attain what I want. I.e saving dollars in cases of naira devaluation |
Re: Treasury Bills In Nigeria by Chuky7(m): 6:57pm On Aug 22, 2021 |
jedisco: Please could you share again. Like I said I'm new here. would value your opinion. |
Re: Treasury Bills In Nigeria by Boyhood: 10:45pm On Aug 22, 2021 |
QueenNemesis:In this case I will advise you keep the money, invest it properly and make gains for yourself . But your offer letter didn't state the tenor and interest rate. |
Re: Treasury Bills In Nigeria by einsteine(m): 12:01am On Aug 23, 2021 |
emmanuelewumi: How so? Kuda doesn't allow transactions more than 1 million and their overdrafts are less than 500k. Although I think they will eventually raise more capital and become a commercial bank. |
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