[quote author=TopFxManager post=120842979] You see, when we tell members of this forum to make use of google,



The people here don't use Google,they use oracle,lol. After the rubbish you wrote.I was expecting to see what you guys do different from MBA forex. And for you to tell me who regulates online forex trading in nigeria as you possess the required approval from them. Calling you guys scammer is me being polite to what you are doing to gullible Nigerians. You are thieves and many fall for your promises that you can make them rich quickly. Most times I wonder if you guys claim you are professional and sure of what you claim.Why don't you approach the banks or sell your properties to invest. The people here do it in stock market.....Mr google partner

Is there a responsive modern website to trade NSE?

emmanuelewumi:



Based on the current price of the bond, you will be paid coupon of about 320k in April and October till 2037

If not for Naira devaluation and inflation a steady annual income of #640k on a #4m investment isn't a bad business.

Well I already told my bank manager to key in my offers first thing tomorrow.

If I may ask which particular day should we expect the coupon payments both in APRIL and OCTOBER... Beginning of the month, middle of the month or ending of the month?

Thanks

megamart247:


If not for Naira devaluation and inflation a steady annual income of #640k on a #4m investment isn't a bad business.

Well I already told my bank manager to key in my offers first thing tomorrow.

If I may ask which particular day should we expect the coupon payments both in APRIL and AUGUST... Beginning of the month, middle of the month or ending of the month?

Thanks

The payment date can be found in the offer document.

Your coupons from bonds are predictable unlike rents or dividends, you can create growth by reinvesting the steady coupons in the stock market or mutual funds. With a good strategy your investment income will increase by 100% within 6 to 7 years

emmanuelewumi:



Talk to your stock broker or your bank manager.

If they are not forthcoming, open a Stanbic IBTC account and I will guide you on the produre

Kindly guide through the procedure, I will like to key in. Thanks

uote author=emmanuelewumi post=120806645]

It is N50 million if you want to bid yourself, I buy through my bank and I allow to to bid for me. As a matter of fact I opened a Stanbic IBTC Bank account because of bond investments.


With N1 million they can bid for you in the monthly primary market offering, with about 200k they can bid for the in the secondary market which happens every business day[/quote]

.

emmanuelewumi:


It is N50 million if you want to bid yourself, I buy through my bank and I allow to to bid for me. As a matter of fact I opened a Stanbic IBTC Bank account because of bond investments.


With N1 million they can bid for you in the monthly primary market offering, with about 200k they can bid for the in the secondary market which happens every business day

Good evening Sir. I contacted the Stanbic person whose number you indicated and he told me it's N50 Million for the auction. I still resent a message to further inform him of what I exactly wanted is for Stanbic to bid for me but he has yet to reply.
Is there any way I needed to have made my request or there is someone else who can understand me.

Here's a rundown of what happened last week on the Nigerian stock exchange

https://twitter.com/quansimodo/status/1624874812941148160?t=cTMg_41SLYgbx55zaa-wOA&s=19

vacanci:

Good evening Sir. I contacted the Stanbic person whose number you indicated and he told me it's N50 Million for the auction. I still resent a message to further inform him of what I exactly wanted is for Stanbic to bid for me but he has yet to reply.
Is there any way I needed to have made my request or there is someone else who can understand me.

Contact your account officer or relationship manager, you are expected to fill a form and your account should be funded with the required amount by 8am today. You don't need N50 million

If you can't make the primary market offer today, you can try the secondary market.

Our guest on the podcast is Mr Olaolu Boboye, head of macroeconomic, fixed income, sovereign credit research/ strategy team at CardinalStone Nigeria.

We discuss the macroeconomic highlights of 2022 and all the events that will likely shape 2023 such as rising interest rates, the general elections, subsidy and the Russia/ Ukraine war. He then shares his thoughts about how investors can profit from all the expected happenings.

I hope you enjoy the conversation as much as we did.

Thanks for listening.

https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy80ZWI5NzRjNC9wb2RjYXN0L3Jzcw/episode/ZDI3MjA5ZDQtMWU3NS00MjMyLTk1NGEtNmQzNGRmMmExZTgz?ep=14

For those interested in Nigeria's macro policy, Walle's musings in his ecoblog is quality reading. See https://eco215./2023/02/13/nigeria-fixed-income-weekly-134/

Here is an excerpt:

"Fundamentally, due to increased adoption of electronic payment channels, cash use in Nigeria is not very large. The CBN has marshalled a red-herring argument that currency outside banks (COB) is a high ratio (85%) of currency in circulation (CIC) and that this had increased from 75% in 2015. This is irrelevant as COB has historically averaged over 80% of CIC given the relatively large informal share of Nigeria’s economy which has a lot of low value transactions. The key metric is what share of aggregate money supply is held in the form of cash balances. That metric has declined over the last two decades to a level [4.9%] lower than what is obtainable in similar countries. The idea that somehow the less than NGN3trillion cash milling around the economy at the end of 2022 was somehow a bigger threat to monetary policy efficacy than the NGN22trillion printed by the CBN when it was lending money to the FGN in breach of statutory limits is an exercise in deceit. The big problems have nothing to do with that cash and this episode continues in the long line of deliberate policy misteps pushed by the CBN leadership over the last nine years."

Edit: Seems like Nairaland's anti-spam reformatted the link. It is eco215 dot wordpress dot com

Why so? Apart from a slightly higher processing fee and perhaps a difference in platform from Morgan, their operation seems decent to me.

Coolcash1:


Including StanbicIBTC stockbrokers. I had to move funds back to Morgan Capital

@ImperialCovfefe link is not functional, can you update the link ? can't find the page with google search either .. thanks

stumbled on Industrial and medical gas IMG recently, it seem to be in overdrive mode on investment front in it's niche. At this rate, definitely watching it for continual addition to portfolio for long term (15-30 yrs) dual purpose play (Growth +Dividend).. Open to ideas /suggestions.

vacanci:

Good evening Sir. I contacted the Stanbic person whose number you indicated and he told me it's N50 Million for the auction. I still resent a message to further inform him of what I exactly wanted is for Stanbic to bid for me but he has yet to reply.
Is there any way I needed to have made my request or there is someone else who can understand me.

You can try the secondary market, these are the current yield for the transactions concluded today

Good afternoon sir, thanks for the explanations. Pls if I decide to sell before the due date do I loose anything? E.g if invest 1m for FGbond 2027 at 16% and I decide to sell 2025, will I still get back my 1m?

emmanuelewumi:




You can try the secondary market, these are the current yield for the transactions concluded today

emmanuelewumi:




You can try the secondary market, these are the current yield for the transactions concluded today

can i do these with 1M?

is there any platform i can do this without someone telling me it must be 50M Naira?

will it reflect on my cscs if its 1M naira or less?

vacanci:


can i do these with 1M?

is there any platform i can do this without someone telling me it must be 50M Naira?

will it reflect on my cscs if its 1M naira or less?

Who do you bank with? You buy through the bank and move it to CSCS account

Kereokwu:
Good afternoon sir, thanks for the explanations. Pls if I decide to sell before the due date do I loose anything? E.g if invest 1m for FGbond 2027 at 16% and I decide to sell 2025, will I still get back my 1m?

It is frustrating repeating myself allover again and again.



If I may ask, what is the essence of the secondary market

Your N1 million might be 900k or N1.2 million depending on the current market price of your investment, but if you hold till maturity you are sure of getting exactly N1 million.

The volatility of bond is not as severe as that of the stock market. The market price might be at 20% discount or premium.

When it is selling at a discount, you are bound to get a better yield if you have the cash to invest

uote author=emmanuelewumi post=120880218]


Who do you bank with? You buy through the bank and move it to CSCS account [/quote]

I bank with Stanbic IBTC
I also trade stocks with Morgan capital.

I just need to have a way to be buying these bonds from secondary market from time to time without all the blockage of feedback of N50 Million naira and above and nothing less.

I have over 1.5M now and the Stanbic guy told me that they won't accept l as than 50M as they always fill it up before even considering people like us that want to pool funds together.

I need your help sir

quote author=vacanci post=120880649]
uote author=emmanuelewumi post=120880218]


Who do you bank with? You buy through the bank and move it to CSCS account

I bank with Stanbic IBTC
I also trade stocks with Morgan capital.

I just need to have a way to be buying these bonds from secondary market from time to time without all the blockage of feedback of N50 Million naira and above and nothing less.

I have over 1.5M now and the Stanbic guy told me that they won't accept l as than 50M as they always fill it up before even considering people like us that want to pool funds together.

I need your help sir[/quote]




Send a mail to your relationship manager and copy the team at the head office.

If I want to buy in the primary market, I usually send my request and fund my account a week before the due date.


Sending a mail less than 24 hours before the due date and trying to liquidate your MMF investment in order to fund your account will be a long thing.


The guy you mailed yesterday and other members of the team are responsible for all the offers from bank.


If you don't have upto N50 million make sure you fill the offer form a week before the primary market bid, so that your fund would have been pooled

emmanuelewumi:
quote author=vacanci post=120880649]
uote author=emmanuelewumi post=120880218]


Who do you bank with? You buy through the bank and move it to CSCS account

I bank with Stanbic IBTC
I also trade stocks with Morgan capital.

I just need to have a way to be buying these bonds from secondary market from time to time without all the blockage of feedback of N50 Million naira and above and nothing less.

I have over 1.5M now and the Stanbic guy told me that they won't accept l as than 50M as they always fill it up before even considering people like us that want to pool funds together.

I need your help sir




Send a mail to your relationship manager and copy the team at the head office.

i dont even know who and how to know my Relationship manager. I sent email to customer service since morning but no response yet

Result of today's auction

vacanci:


i dont even know who and how to know my Relationship manager. I sent email to customer service since morning but no response yet

Visit your branch and make an enquiry

emmanuelewumi:
Result of today's auction

N992 billion chased the N360 billion bonds on offer today and yet the yield increased.

Please, let us limit this thread to only Stock Market and discussions around shares, Dividends, bonuses, etc. For other forms of tradings and investments, please find their threads.

essentialone:
Please, let us limit this thread to only Stock Market and discussions around shares, Dividends, bonuses, etc. For other forms of tradings and investments, please find their threads.

A bit of talks on other investment horizon is harmless which sometimes bring the broader perspective for those who desire to diversify

essentialone:
Please, let us limit this thread to only Stock Market and discussions around shares, Dividends, bonuses, etc. For other forms of tradings and investments, please find their threads.

The bond market is the major barometer that determines the direction of the stock market and the economy

essentialone:
Please, let us limit this thread to only Stock Market and discussions around shares, Dividends, bonuses, etc. For other forms of tradings and investments, please find their threads.

Oga mi, I concur. As you don tell dem wey dem no hear, report dem to mods so dem go chop ban wella. Na rule No. 1 dem break so . Dem go chop ban if we dey report dem.

Oda threads dey for bond but dem no wan hear and dey form sense so tey dey derail our stock market tin here.

We neva even finish stock dem wan chuke bond to derail d thread. Report dem. I don report dem now sef for breaking rule 1

1. Please post all threads in the right section, and don't derail threads by posting off topic

emmanuelewumi:




The bond market is the major barometer that determines the direction of the stock market and the economy

Oga mi, no be true. Bond market no be barometer of stock exchange, na d measure based on the stock prices of representative large firms trading on the Stock Exchange be d barometer. For yankee, na S&P 500, Dow Jones Industrial Average. We get NSE own too and na dat we dey use as barometer of stock market, no be bond market. Bond market na fixed income abeg. E fit relate to stocks at some point if oda factors gel wit am but dat one no still make bond d barometer of stock market.

For economy sef, no be bond dey show d way, national economy dey broad and I don see say u no be economist if you dey call bond market barometer of economy. Barometer of economy na data from tins like gdp, gnp, hdi, gini coefficient ati bebe lo.

Make you help us carry bond matter go bond market thread. Wen we want sabi anything about bond, we go come dia come read am and contribute. Dis thread na for Stocks make we fi le be.

Igi pawpaw o ni wo pa wa o.

Una dey over elongate as well as derail this thread and it's not cool at all. We all are either learners, teachers, or both, on the stock market. Imagine, coming back to the thread and seeing so many comments. You go through them to learn about the stock market, just to see that it is either about bond or about bondage. You rush and skip through all of that and end up even skipping through an important stock information. As I always say, the stock market is largely emotional and reactionary. Despite all your bedsheets, and fv and technical analysis or candlesticks, investors need the latest info to make some unforeseen decisions.


Make una teach me how to report to Admins and Mods ooo