awesomeJ:
You can just ask here still.

I believe you can find ways to mask any sensitive info you may be trying to avoid exposing.

For instance you could use a fraction or a multiple of the amount involved if you don't want to share the exact amount publicly.

Something like that.

Plus there may be others here who will give you a much better perspective/guidance.

Harddiskng:


Searched everywhere. Finally found it in my junk.

It about some calculations you dropped here.

I don’t want to derail the trend.

I would reply your email.

Please help me edit my edit my email addy from your previous posts. Spams from working boys on NL dey too plenty

PraiseDLord:
Please is there any bank that displays available secondary market T.Bills rates on its app or online banking platform and also permits customers to invest directly on such platform? If yes, please which bank and via what platform?
Thanks

awesomeJ:


Post's been edited sir.

Sorry I couldn't reply you. It's been a super busy day.

You can just schedule a meet for anytime after church tomorrow.

Use this code on Google meet:

Omonigeriarere:


There is difference between the two statements below bro:

1. You can't bid for primary market unless you have up to N50m.

2. You can't bid for primary market because you don't have up to N50m.

The logical and grammatical difference between the two statements lies in the use of "unless" in the first statement and "because" in the second statement.

1. Statement 1: "You can't bid for the primary market unless you have up to N50m."

This statement implies a condition for bidding in the primary market. It suggests that having up to N50m is a requirement or a threshold that must be met in order to bid.

2. Statement 2: "You can't bid for the primary market because you don't have up to N50m."

This statement provides a reason or explanation for why the person cannot bid in the primary market - because they do not have up to N50m. It directly links the lack of funds to the inability to bid.

In summary, the first statement sets a condition for bidding (having N50m), while the second statement explains the reason for not being able to bid (not having N50m).

Take things cool bro. Things are hard in the country, but we are all here.

davit:


Yes. I-Invest is a good platform for that. Check their app on play store. It is owned by sterling bank.

freeman67:


Yes, Standard Chartered Bank does through their banks mobile app but for you to access it, you have to set up your Investment risk profile and then you are good to go. Infact, there you will only access not just TBills but also FG Bonds.

You will also see foreign currency bonds listed (both FG Eurobond and other corporate bonds) and Foreign mutual funds which you can only access if you have a compatible settlement (Dorm) account domiciled with them.

PraiseDLord:

Thanks

Omonigeriarere:


I use the same platform and the ease of doing everything on same is top-notch. The only short-coming of the platform I know is that both interest and principal are paid at maturity.

freeman67:


That's like fixed deposit na. For, TB you get interest upfront. If you intend except you intend reinvest. Also, the rates on those platforms are very low when compared with what you can get from the bank platform. Also, payment to your bank account is direct with bank. You can either withdraw in the banking hall/ATM or transfer as you will as soon as you are credited.

Omonigeriarere:


Their policy is that they don't pay interest upfront. However, their interest rates are very competitive and sometimes more than what you can get from bank.

I know this because I trade using bank and the app.

Nero4306:
Good afternoon house …. Still waiting for sukuk4 rental payment 🤔🤔🤔🤔 any update ??

Foodempire:


Same here, nothing received yet.

Nero4306:
Good afternoon house …. Still waiting for sukuk4 rental payment 🤔🤔🤔🤔 any update ??

freeman67:


See there is nothing wrong for you to contact any bank you invest with either via call or email on the Friday of Auction week or at least Monday of the following week to confirm the status of your TBills subscription.

You can sometimes go out of the box of banks and contact other investment houses too because I don't understand what banks are doing these days. You can contact coronation, Greenwich, Afrinvest etc. Asides primary market, they sometimes some good deals in the secondary market too. You are just emails or calls away most times.

heavenisreal18:


Pls I got their response today that primary auction failed again that is only secondary that is available , what is the difference , challenges between primary auction and secondary auction
I need your response urgently.

Thank you

freeman67:


Sorry I didn't get to see your message when it came.

The difference is usually not very much of their rate is considerate.

1. The primary market is usually issued by the CBN through their different agents which are bank and co. While the secondary market is a kind of over the counter deal between those that bought from the issuer (CBN) and want to sell to an intending buyer. This too is facilited mostly by same agents which are bank and co.

2. The tenures of the Primary market are clearly stipulated (91,182 and 365 days.). Will be same irrespective of the agents you choose to buy through while In the secondary market, tenures are based on what they have available to offer.

3. The secondary market rates are most times a bit lower than the prevailing primary market rates. However, you could sometimes see equivalent or slightly above rates.

Overall, there is usually not too much difference in the end if you consider the fact that you may still leave your funds in the bank for two more weeks if you decide to wait for the next Primary Market Auction.

freeman67:


Sorry I didn't get to see your message when it came.

The difference is usually not very much of their rate is considerate.

1. The primary market is usually issued by the CBN through their different agents which are bank and co. While the secondary market is a kind of over the counter deal between those that bought from the issuer (CBN) and want to sell to an intending buyer. This too is facilited mostly by same agents which are bank and co.

2. The tenures of the Primary market are clearly stipulated (91,182 and 365 days.). Will be same irrespective of the agents you choose to buy through while In the secondary market, tenures are based on what they have available to offer.

3. The secondary market rates are most times a bit lower than the prevailing primary market rates. However, you could sometimes see equivalent or slightly above rates.

Overall, there is usually not too much difference in the end if you consider the fact that you may still leave your funds in the bank for two more weeks if you decide to wait for the next Primary Market Auction.

Risingcash94:
Good morning Chiefs. Pls I need to know. I applied with the FG SUKUK III 2020 through Afrinvest. That was my first time investing in SUKUK.
I need to know if at maturity I will be credited directly into my bank account or into the Afrinvest wallet from where I will be required to transfer to my bank account? Thank you. 🙏

heavenisreal18:


This is the rate I was offered for secondary, 142 days 15.50percent
177days 16.50percent, 247 days 17percent, 359days 19.50per.
Which of these days do you consider to be good to go for

Thanks for your response

Risingcash94:
GOOD MORNING MY BOSSES. PLS DOES ANYONE HAVE AN IDEA ABOUT THIS QUESTION BELOW ? THANKS 🙏


[sup][/sup]

heavenisreal18:


This is the rate I was offered for secondary, 142 days 15.50percent
177days 16.50percent, 247 days 17percent, 359days 19.50per.
Which of these days do you consider to be good to go for

Thanks for your response

Risingcash94:
GOOD MORNING MY BOSSES. PLS DOES ANYONE HAVE AN IDEA ABOUT THIS QUESTION BELOW ? THANKS 🙏


[sup][/sup]

emmasoft:


Your capital will be paid into the same account you used in receiving your coupon while the investment lasted.

Omonigeriarere:


I use the same platform and the ease of doing everything on same is top-notch. The only short-coming of the platform I know is that both interest and principal are paid at maturity.

abiolag:


Pls do you know the procedure to liquidate my treasury bills with zenith bank before maturity? I need d money badly and it was in April I subscribed.
Can I get it and what's d procedure