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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4625014 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 blkmum700: 10:33am On Mar 19 |
Odunharry: Oky thanks |
Re: Treasury Bills In Nigeria by enque(f): 10:36am On Mar 19 |
biznus: 2 weeks ago |
Re: Treasury Bills In Nigeria by biznus: 10:43am On Mar 19 |
enque:prevalent rates then btw 16. - 17.% for over 300 days Last week witnessed as high as 18.% No updates this week |
Re: Treasury Bills In Nigeria by Nakedman: 11:26am On Mar 19 |
skydiver01: I know that feeling when the money keeps coming in without breaking a sweat. Knowlegde is power ![]() ![]() ![]() 2 Likes |
Re: Treasury Bills In Nigeria by Nakedman: 11:28am On Mar 19 |
Dum20: Don't mind them. Already offloaded from thier mutual funds. Investnow is the worst of them. they are still stuck t 12% |
Re: Treasury Bills In Nigeria by keeper303: 11:53am On Mar 19 |
skydiver01: I have not received my coupon yet. Should I worry or be patient? |
Re: Treasury Bills In Nigeria by Nakedman: 12:39pm On Mar 19 |
keeper303: Is this your first time of getting payment? If no don't worry you will get it. sometimes it take a few days to fully disburse funds |
Re: Treasury Bills In Nigeria by keeper303: 12:47pm On Mar 19 |
Nakedman: Thank you. Not my first time. I will wait awhile. |
Re: Treasury Bills In Nigeria by Akerewe(m): 1:16pm On Mar 19 |
keeper303: Calm down, same with me. I swear Ur post reminded me oo. Make we calm down, we go see am. |
Re: Treasury Bills In Nigeria by chukzyfcbb: 12:00am On Mar 20 |
biznus:Zenith bank offered 19% 364 days secondary market rate on Monday tho. Although I wasn't sure the customer care personell knew what she was checking because she quoted 364 ays |
Re: Treasury Bills In Nigeria by biznus: 12:39am On Mar 20 |
chukzyfcbb:I'd go for 19% but I get your point, never heard of 364 days secondary market ![]() |
Re: Treasury Bills In Nigeria by Nakedman: 8:07am On Mar 20 |
Hello House, Has anyone redeem mutual funds from Investnow lately? I submitted my redemption from since Monday and I am yet to be credited. I called them yesterday they told me they are working on it. It's over 48hrs now no credit from them. |
Re: Treasury Bills In Nigeria by donshady(m): 4:46pm On Mar 20 |
freeman67: Hello Freeman, Do you still use Investnow? I submitted redemption funds for mmf and this people never credit me. I have been seeing complaints. |
Re: Treasury Bills In Nigeria by freeman67: 6:00pm On Mar 20 |
donshady: Yes, I still use them. What I do in terms of redemption is that, I do the process online and follow it up instantly with mails to their customer service. Once you redeem online, an automated message is set to you immediately and not long you will be contacted. |
Re: Treasury Bills In Nigeria by donshady(m): 6:44pm On Mar 20 |
freeman67: I called them immediately, I chatted them via WhatsApp, I have called them for 2days consecutively now. I no see money o |
Re: Treasury Bills In Nigeria by freeman67: 9:36pm On Mar 20 |
donshady: That's serious ooo. This is a very disappointing situation. It shouldn't be na. So what are they telling you is the problem? |
Re: Treasury Bills In Nigeria by donshady(m): 9:56pm On Mar 20 |
freeman67: That is the mail I got from them after the calls this morning. I just pray I am able to get my funds. It's 72hrs now and no payment just excuses. I'll never use this investments house again. I'll stick to regular banks 3 Likes
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Re: Treasury Bills In Nigeria by freeman67: 5:16am On Mar 21 |
donshady: Na wa ooo. I just pray they do the needful today. If it's about getting your funds back you will do. It's just this their unnecessary delay in releasing. Sorry about your experience. 4 Likes |
Re: Treasury Bills In Nigeria by Nakedman: 7:20am On Mar 21 |
donshady: I also have the same issue with ucap. Stanbic Ibtc paid me within 2hrs of submitting redemption form. Just 2 hours. It's 3days now. I haven't heard from ucap. That's crazy 1 Like |
Re: Treasury Bills In Nigeria by donshady(m): 8:03am On Mar 21 |
freeman67:Hopefully. Thanks my brother. I'll see how it goes this week |
Re: Treasury Bills In Nigeria by freeman67: 10:40am On Mar 21 |
Nakedman: For online redemption, Stanbic is the best. Very fast and smooth. 1 Like |
Re: Treasury Bills In Nigeria by egojeny1(f): 10:48am On Mar 21 |
freeman67:Exactly 1 Like |
Re: Treasury Bills In Nigeria by biznus: 12:01pm On Mar 21 |
Investnow.. investment one... What's the difference ![]() |
Re: Treasury Bills In Nigeria by Nakedman: 12:19pm On Mar 21 |
freeman67: After calling them again this morning, I finally got paid from United capital. I just deleted the app and moving to stanbic. I’m done with them. Stanbic has been really smooth from deposit to withdrawal. 2 Likes |
Re: Treasury Bills In Nigeria by freeman67: 12:31pm On Mar 21 |
Nakedman: That's hasty. You should have just left the app there even after moving your funds as you may need it another day. Though, deleting does not mean your account is closed sha. Stanbic had a redemption ceiling of 2.5M back then, anything more will require you to mail and call them which is almost the same process with what you went through. I don't know if it has changed. 1 Like 2 Shares |
Re: Treasury Bills In Nigeria by Nakedman: 12:41pm On Mar 21 |
freeman67: I only use those investment house for mutual funds. I deleted it because their rate is poor and still sitting at 12% since tbills has been at 20%, Whislt the likes of fsdh is at 16.6%. Most of the time I’m invested in treasury bills. So I do not need them again as I already bid them goodbye. I redeemed 5m from stanbic bank via their app within 2hrs and I got my funds. The other fund I redeemed through their mail because the fund was over 5m took just 3days. That’s enough to keep investing with them. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by freeman67: 12:53pm On Mar 21 |
Nakedman: That's fair enough. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:31pm On Mar 21 |
Nakedman: I hope you know there are penalties if you want to terminate your Treasury bill investment before maturity. MMF rates are going up, the rates are affected by the underlying assets in their portfolio. I see FSDH MMF getting to 18% in the next 2 to 3 weeks 2 Likes |
Re: Treasury Bills In Nigeria by Nakedman: 1:46pm On Mar 21 |
emmanuelewumi: I have been doing tbills for over 10years now so I know the penalties. So when I put money in tbills 365days including the upfront payment all stays there. I don’t put emergency funds in tbills. Fsdh improves their rates very quickly. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:56pm On Mar 21 |
Nakedman: Because fsdh bought more TB at the current rate, this will make the average yield of their portfolio to go up I hope you remember when TB crashed to less than 10%, most of the MMF were paying 15% and above until about 4 months after that their rates went down to what was offered by TB 6 Likes |
Re: Treasury Bills In Nigeria by Nakedman: 2:20pm On Mar 21 |
emmanuelewumi: I think that was 2022. I remember. Both tbills and mutuals find have Thier advantages and disadvantages. Overall mutual fund has an edge because it's easy to pull out funds at anytime without penalties. But with this current rate of tbills, once has to shoot it ![]() |
Re: Treasury Bills In Nigeria by ogawisdom(m): 7:57pm On Mar 21 |
Please when is the next TB primary market auction? |
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