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Treasury Bills In Nigeria - Investment (2156) - 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 Oyindamolah: 5:07pm On Sep 10, 2023
Diversification is key, be invested in Money Mutual fund
Fixed Income Fund
FG savings bond
T-bills
Stock Market

This way your risk is reduced but first, you need to determine your risk appetite.

5 Likes 2 Shares

Re: Treasury Bills In Nigeria by NL1960: 7:40pm On Sep 10, 2023
Rubyjade:
First thing is to determine your risk appetite before venturing into any investment.Stock market is not for the faint hearted at all.

I know a lot about the stock market. I played it a lot then. Made some killings and made some losses. I just decided to go out of the stock market temporary. I mighy come in again to start playing it.

4 Likes

Re: Treasury Bills In Nigeria by emmasoft(m): 11:58pm On Sep 10, 2023
NL1960:


I know a lot about the stock market. I played it a lot then. Made some killings and made some losses. I just decided to go out of the stock market temporary. I mighy come in again to start playing it.

That is one of the good things about the stock market. One can go out and come in at convenience and it still remains relevant to achieving investment objectives of many investors at a particular time.

2 Likes

Re: Treasury Bills In Nigeria by alezzy13: 7:39am On Sep 11, 2023
chimex38:

Up or down?
From 5% to 4%
From 8% to 7%
From 13.97% to 12.55%
undecided

Am not talking recent rates. Few months back it dropped single digit, as low as 6-7% if not mistaken (ie 360 days)

So I just lost interest and stopped following. Didn't know it had risen again to as high as 13%

2 Likes

Re: Treasury Bills In Nigeria by chimex38: 7:56am On Sep 11, 2023
alezzy13:


Am not talking recent rates. Few months back it dropped single digit, as low as 6-7% if not mistaken (ie 360 days)

So I just lost interest and stopped & following. Didn't know it had risen again to as high as 13%

Ok.
No indication earlier.
Hence, didnt know the context you were coming from.

Noted.

2 Likes

Re: Treasury Bills In Nigeria by eniorisha(m): 3:16pm On Sep 11, 2023
I av been following NTB since 2015 & had my 1st investmt in it in 2016. Based on 2015 & this year's transitions, i observed political transition does help NTB rate rebound. My previous investmt (359 days @5%) matured 10th of last month. Since then, i av been waiting 4 d rate to go up. Now dt we saw d surging rate dipped by around 2%, do u see d rate already reached its peak compared to 2015/16 dt it rose to about 20% ? Do u see d rate recovered & goes up much higher in d coming weeks? Pls, pardon my "paragraghlessness". I typed with a small button phone
Re: Treasury Bills In Nigeria by Olaide1295: 9:33am On Sep 12, 2023
eniorisha:
I av been following NTB since 2015 & had my 1st investmt in it in 2016. Based on 2015 & this year's transitions, i observed political transition does help NTB rate rebound. My previous investmt (359 days @5%) matured 10th of last month. Since then, i av been waiting 4 d rate to go up. Now dt we saw d surging rate dipped by around 2%, do u see d rate already reached its peak compared to 2015/16 dt it rose to about 20% ? Do u see d rate recovered & goes up much higher in d coming weeks? Pls, pardon my "paragraghlessness". I typed with a small button phone

5% return seems small to me. With a period of 1 year in mind, the minimum returns anyone should be looking for should be 10%.
Depending on your risk profile, mmf or corporate bonds should give better returns. I don't know whether TB rates will increase. Ogas can help on that.
Re: Treasury Bills In Nigeria by eniorisha(m): 10:17am On Sep 12, 2023
[quote author=Olaide1295 post=125741025]

5% return seems small to me. With a period of 1 year in mind, the minimum returns anyone should be looking for should be 10%.
Depending on your risk profile, mmf or corporate bonds should give better returns. I don't know whether TB rates will increase. Ogas can help on that. QUOTES. I av a small capital of just N1.5m. Due to my small capital, very low risk appetite, & limited financial or business exposure, i have to stick with NTB. Meanwhile, dt 5% was d rate of my last 359 days tenor dt matured last month. Rates were so low this time last yr when i did it. 91 days was 2.3% then. I was at my bank last wk. They offered 9.2% for 362 days (secondary mkt)
Re: Treasury Bills In Nigeria by cutedharmee: 1:59pm On Sep 12, 2023
Good day everyone. Pls when is the next treasury bill Investment Sir's/Ma's
Re: Treasury Bills In Nigeria by RayRay06677(m): 2:20pm On Sep 12, 2023
Afrinvest is offering 14.5% for 364 days
Re: Treasury Bills In Nigeria by Tohmey(m): 6:40pm On Sep 12, 2023
RayRay06677:
Afrinvest is offering 14.5% for 364 days
That's small. . .
Palmpay flexible is 16% while there fixed deposit is 20% per annum

1 Like

Re: Treasury Bills In Nigeria by RayRay06677(m): 9:02pm On Sep 12, 2023
Tohmey:

That's small. . .
Palmpay flexible is 16% while there fixed deposit is 20% per annum

dem go survive for one annum? how old are they?

1 Like

Re: Treasury Bills In Nigeria by Foodempire: 1:06am On Sep 13, 2023
RayRay06677:
Afrinvest is offering 14.5% for 364 days

On which investment?
Re: Treasury Bills In Nigeria by enque(f): 2:20am On Sep 13, 2023
RayRay06677:


dem go survive for one annum? how old are they?
Palmpay has actually been around since 2019.
I
Re: Treasury Bills In Nigeria by RayRay06677(m): 4:33am On Sep 13, 2023
Foodempire:


On which investment?


structured investment, more like fixed deposit
Re: Treasury Bills In Nigeria by Hamachi(f): 7:49am On Sep 13, 2023
Tohmey:

That's small. . .
Palmpay flexible is 16% while there fixed deposit is 20% per annum
They will deduct WHT
Re: Treasury Bills In Nigeria by Tohmey(m): 1:37pm On Sep 13, 2023
Hamachi:
They will deduct WHT
Yeah 10% of your interest goes to WHT

1 Like

Re: Treasury Bills In Nigeria by Foodempire: 12:08am On Sep 14, 2023
RayRay06677:


structured investment, more like fixed deposit

What is the name of the instrument per se? Do other investment house offer such? I've been getting only 9-10% from fbnquest mmf, I need something better.
Re: Treasury Bills In Nigeria by RayRay06677(m): 4:44am On Sep 14, 2023
Foodempire:


What is the name of the instrument per se? Do other investment house offer such? I've been getting only 9-10% from fbnquest mmf, I need something better.


LIKE I SAID, ITS LIKE A FIXED DEPOSIT AND IS INHOUSE, SOMEONE MENTIONED EARLIER HERE THAT HIS OWN INVESTMENT HOUSE GIVES HIM 20%
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:04am On Sep 14, 2023
ALAGBAKA POWER LIMITED
₦4,200,000,000 [19%] FIXED RATE BONDS DUE 2029

The above bond was due yesterday being 13th September but I just can't find the money anywhere.

Just asking if anybody got paid?

Thanks.
Re: Treasury Bills In Nigeria by freeman67: 7:47am On Sep 14, 2023
RayRay06677:
ALAGBAKA POWER LIMITED
₦4,200,000,000 [19%] FIXED RATE BONDS DUE 2029

The above bond was due yesterday being 13th September but I just can't find the money anywhere.

Just asking if anybody got paid?

Thanks.

Mail the investment house through which the fund was made for confirmation.
Re: Treasury Bills In Nigeria by freeman67: 8:00am On Sep 14, 2023
Foodempire:


What is the name of the instrument per se? Do other investment house offer such? I've been getting only 9-10% from fbnquest mmf, I need something better.

Sometimes investment houses have some of those arrangements that gives more returns. However, it requires more money eg like Afrinvest AAPO which was issued 4 months ago, It was about 17% which is higher than the 8 or 9% TB was issuing. The least amount required I was told is 5M. Also, the risk involved is much more because it not as regulated as TB and MMF. The major assurance sometimes is the track records and guaranty from the issuer which sometimes may not be enough.

1 Like

Re: Treasury Bills In Nigeria by Meerahbel: 9:47am On Sep 14, 2023
What the implication of fx on MMF and TB AS THE $ TO A NAIRA IS 950
Re: Treasury Bills In Nigeria by pizapato(m): 10:02am On Sep 14, 2023
Chikebrain:
Please to all dorm acct users/owners. Can I do a dorm acct (dollar denominated) transfer to another bank dorm acct with usd cash deposited to my dorm acct?

Yes. You can do interbank transfer.
You also can transfer outside Nigeria as I've done that a few times

2 Likes

Re: Treasury Bills In Nigeria by freeman67: 10:22am On Sep 14, 2023
Chikebrain:
Please to all dorm acct users/owners. Can I do a dorm acct (dollar denominated) transfer to another bank dorm acct with usd cash deposited to my dorm acct?

I don't think that is possible these days except they have changed the rules after Buhari/Emiefele left. Transferring from a dorm account in a Nigeria bank to another dorm account will not sail. You can only withdraw and deposit it. However, can transfer abroad from your Nigerian Dorm Acct.

2 Likes

Re: Treasury Bills In Nigeria by Donbrig: 2:49pm On Sep 14, 2023
Very discouraging that nobody even bothered to answer someone who asked a question about treasury bills in a treasury bill thread, it is unfortunate to see questions on other topics that doesn't even belong to this thread are swiftly answered with long epistle...

Same situation that is killing our country Nigeria, leaving the main issues and tackling irrelevant issues that doesn't impact the lives of Nigerians. That's exactly why we are where we are as a nation.

@Cutedharmee, I believe the next treasury bill auction should be next week Wednesday, you can send your application before 12 noonTuesday next week.



cutedharmee:
Good day everyone. Pls when is the next treasury bill Investment Sir's/Ma's
Re: Treasury Bills In Nigeria by RayRay06677(m): 3:34pm On Sep 14, 2023
freeman67:


Mail the investment house through which the fund was made for confirmation.

Did that via phone call, was asked to give 2 more days.


Luckily it arrived today, everywhere stew stew

1 Like

Re: Treasury Bills In Nigeria by RayRay06677(m): 3:45pm On Sep 14, 2023
Donbrig:
Very discouraging that nobody even bothered to answer someone who asked a question about treasury bills in a treasury bill thread, it is unfortunate to see questions on other topics that doesn't even belong to this thread are swiftly answered with long epistle...

Same situation that is killing our country Nigeria, leaving the main issues and tackling irrelevant issues that doesn't impact the lives of Nigerians. That's exactly why we are where we are as a nation.

@Cutedharmee, I believe the next treasury bill auction should be next week Wednesday, you can send your application before 12 noonTuesday next week.




You might be right, greater percentage here stop doing TB about 3yrs or more ago.

When we don't have express answer, must we lie or ASSUME with wrong answers to make us happy. Better left unanswered than passing wrong information. My thoughts though.

In general, folks here are doing just great, a deviation from an average Nigerian or nairalanders. They attempt all questions and that ain't bad.

You would have answered without scolding members as nobody is paid to answer questions. I only beg for answers when I ask, not my inalienable right to get answers.

Now the real problem with nigerians is the ENTITLEMENT mentality.

13 Likes

Re: Treasury Bills In Nigeria by Donbrig: 4:56pm On Sep 14, 2023
No Sir, I didn't really mean to scold anyone, I was just stating the facts. Even if treasury bill interest rate is at 1%, there are many folks here who will still invest..

However, asking questions about treasury bills here and with expectations of getting the right answers isn't "Entitlement Mentality" but the opposite, because people with entitlement mentality don't ask questions that would equip them to help themselves.

RayRay06677:


You might be right, greater percentage here stop doing TB about 3yrs or more ago.

When we don't have express answer, must we lie or ASSUME with wrong answers to make us happy. Better left unanswered than passing wrong information. My thoughts though.

In general, folks here are doing just great, a deviation from an average Nigerian or nairalanders. They attempt all questions and that ain't bad.

You would have answered without scolding members as nobody is paid to answer questions. I only beg for answers when I ask, not my inalienable right to get answers.

Now the real problem with nigerians is the ENTITLEMENT mentality.
Ni

2 Likes

Re: Treasury Bills In Nigeria by cutedharmee: 7:06pm On Sep 14, 2023
Donbrig:
Very discouraging that nobody even bothered to answer someone who asked a question about treasury bills in a treasury bill thread, it is unfortunate to see questions on other topics that doesn't even belong to this thread are swiftly answered with long epistle...

Same situation that is killing our country Nigeria, leaving the main issues and tackling irrelevant issues that doesn't impact the lives of Nigerians. That's exactly why we are where we are as a nation.

@Cutedharmee, I believe the next treasury bill auction should be next week Wednesday, you can send your application before 12 noonTuesday next week.
God bless you Sir/Ma. I really appreciate 🙏



2 Likes

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