Treasury Bills In Nigeria - Investment (2266)

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Treasury Bills In Nigeria - Investment (2266) - 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 awesomeJ(m): 8:48pm On Sep 25

Itsrm:
This is reminding me of NNPCs rain, lightning and thunderstorm causing fuel scarcity.

Trust DMOs system issues at your own risk. All lies.

😁😁

1 Like

Re: Treasury Bills In Nigeria by Akerewe(m): 9:40pm On Sep 25

Chuksteve:
Hello everyone. I want to invest in FGN treasury bill. I currently reside abroad. Please, is it safe to invest and which platform will you advise? Thanks.

Yes it's fully backed by fgn

1 Like

Re: Treasury Bills In Nigeria by youngestland: 8:10am On Sep 26

t-bills is still balling o yesterdays result was impressive grin

Re: Treasury Bills In Nigeria by realking(m): 9:06am On Sep 26

youngestland:
t-bills is still balling o yesterdays result was impressive

please assist with yesterday's result

Re: Treasury Bills In Nigeria by youngestland: 10:09am On Sep 26

realking:
please assist with yesterday's result

3 Likes

Re: Treasury Bills In Nigeria by cucumbar: 6:24pm On Sep 26

youngestland:
t-bills is still balling o yesterdays result was impressive

inflation is rendering any gain made from this useless 🤔

4 Likes

Re: Treasury Bills In Nigeria by emmaodet: 11:01pm On Sep 26

cucumbar:
inflation is rendering any gain made from this useless 🤔

There is a way around it if you know how to trade it

1 Like

Re: Treasury Bills In Nigeria by kniru: 3:22am On Sep 27

Egbon Drop update !

emmaodet:

There is a way around it if you know how to trade it

2 Likes

Re: Treasury Bills In Nigeria by Plus10(m): 9:01am On Sep 27

emmaodet:

There is a way around it if you know how to trade it

Which way o, please show us the way!

Re: Treasury Bills In Nigeria by SirLaw12: 11:36am On Sep 27

Please someone should guide me on how to liquidate my treasury bill investment.

Re: Treasury Bills In Nigeria by freeman67: 11:55am On Sep 27

SirLaw12:
Please someone should guide me on how to liquidate my treasury bill investment.

Just contact the same channel you bought it from and tell them you want to sell it.

Read your proof/certificate of investment very well ooo. You may lose money as penalty for default.

Also, consider the fact that you have collected upfront and they will minus it except if you didn't collect it.

2 Likes

Re: Treasury Bills In Nigeria by efismikoko(m): 12:29pm On Sep 27

cucumbar:
inflation is rendering any gain made from this useless 🤔

It’s still better than keeping money you cannot use for business I.e 1m - 10m

2 Likes

Re: Treasury Bills In Nigeria by Reelz: 5:32pm On Sep 27

emmaodet:

There is a way around it if you know how to trade it

Pls Tell us d how

1 Like 1 Share

Re: Treasury Bills In Nigeria by skydiver01: 10:23pm On Sep 27

Good morning wink

Re: Treasury Bills In Nigeria by Internetboy: 12:38pm On Sep 28

emmaodet:

There is a way around it if you know how to trade it

Please give more insights .

Re: Treasury Bills In Nigeria by jedisco(m): 10:38am On Sep 29

emmaodet:

...
So we have virtually 20% cash left for 200m plus Nigerians to fight for at an expensive rate from the banks because they will only loan it to the highest bidders anyway.
Which brings me to the question -
If you are discouraging manufacturers thereby reducing production, some even close up due to loan defaults and layoff, how you want take grow economy when people are been thrown into more hardship and unemployment.
This type of economic move still dey baffle me.
Anyway, I didn't graduate from Cambridge or hold an MBA, so I will leave that to exparts or professionals in that sectoe

Good expouse.

Issue is that CBN is copying what western nations did to combat inflation without first asking themselves why it worked there. Consumer debt is huge in the West meaning a small rise in interest rate would affect how much people can pay for housing, cars and their disposable cash. In Nigeria it's the opposite. What's worse is that while we all agree inflation was driven by reckless new money printing, where we differentiate from stable economies is how much we print is what we use our new money for. The nation is not using new money to provide infrastructure, support SME's, free/affordable healthcare, good education to its citizens rather it's being looted by politicians or siphoned to the rich why the everyday folks suffer the effects of inflation

Before Buhari, all the naira ever printed was 19 trillion. Buhari + Emefiele printed over 30 trillion. I.e in 8 years they had access to almost double of all the naira we had in our combined history. What economic output was that used to create? Ultimately such printing would lead to serious inflation which was worsened by the fact that our economy regressed during that time.

10 Likes 1 Share

Re: Treasury Bills In Nigeria by jedisco(m): 11:00am On Sep 29

Rampant inflation plus currency collapse without economic growth is terrible.

Recently was speaking with someone who was advising I buy land as investment in certain areas. Person used their purchase years back as an example. At about 2009, they had bought a piece for 16 million. That piece is now about 75 million. Good profit he thought.

We sat down and crunched the numbers.
1. 16 million in 2009 at exchange of about 135 was about 118k usd
2. 75m today at an exchange of 1600 is about 46k usd. I.e 72k usd lost.

This is depressing but then we have not considered that the dollar itself has lost over 40% of its value in that time. So despite the land being worth more naira, there is no real term return (i.e after taking out inflation) but rather a significant loss.
Some might say why bother about usd- this would be true if our currency was stable. Today, the usd exchange determines the cost of most goods we buy.

What burst our brain was crunching the numbers to see if that money was put in a globally diversified index fund. Historically, despite volatility, these have yielded an average of 7-9% annually longterm. That 118k usd if invested in a global fund would be worth at least 374k usd today. That's how to track or beat inflation and how many westerners fund lavish retirements. I'm not even going into ease of sale e.t.c between both

18 Likes 2 Shares

Re: Treasury Bills In Nigeria by emmasoft(m): 3:39pm On Oct 01

In all your getting, get financial independence it will prevent a lot of troubles!

To Start your journey to financial independence with mutual funds or Stocks click the link on my signature or contact me.

Re: Treasury Bills In Nigeria by oluarems: 9:53am On Oct 02

Dear Nairalanders,pls advice is needed.
My Fgn savings bond coupon payment due since 12th September has not been paid. Pls what step can I take. Iv called and emailed the broker, but nothing reasonable has been done

Re: Treasury Bills In Nigeria by SIBELY: 8:35pm On Oct 02

Dear esteemed investors. Please help clarify. I invested N5m in NTB with Stanbucibtc secondary auction for a 180days tenure at 19.5%. But the return on the investment was about 450k instead of about 880k. Is the rate for TB also annualized. Please help vlarify

Re: Treasury Bills In Nigeria by aieromon(m): 9:31pm On Oct 02

SIBELY:
Dear esteemed investors. Please help clarify. I invested N5m in NTB with Stanbucibtc secondary auction for a 180days tenure at 19.5%. But the return on the investment was about 450k instead of about 880k. Is the rate for TB also annualized. Please help vlarify

5,000,000 * 19.5/100 * 180/364

2 Likes

Re: Treasury Bills In Nigeria by Risingcash94: 9:56pm On Oct 02

Also except my calculation is wrong he is suppose to have around #475k after all the charges not #450k

aieromon:

5,000,000 * 19.5/100 * 180/364

2 Likes

Re: Treasury Bills In Nigeria by Reelz: 8:34am On Oct 04

SIBELY:
Dear esteemed investors. Please help clarify. I invested N5m in NTB with Stanbucibtc secondary auction for a 180days tenure at 19.5%. But the return on the investment was about 450k instead of about 880k. Is the rate for TB also annualized. Please help vlarify

It is annualized sir. U wan pack all the money abii..

2 Likes

Re: Treasury Bills In Nigeria by youngestland: 10:01am On Oct 07

lets go guys

Re: Treasury Bills In Nigeria by efismikoko(m): 10:21am On Oct 07

youngestland:
lets go guys

I gat payment on the 9th next tomorrow let them pay first b4 I decide

Re: Treasury Bills In Nigeria by Joyful365: 10:23am On Oct 07

youngestland:
lets go guys

Dont the government ever offer these bonds in USD?

Like 80% of my asset is liquid and in USD and losing value too fast cos of inflation in America.

Is there no sure way to buy bonds in USD and earn this good interests, though the fund is not large....it's small but i trust USD more than NGN and I want it to grow instead of sitting idle in a bank that may crash at anytime.

1 Like

Re: Treasury Bills In Nigeria by Chuksteve(m): 4:15pm On Oct 07

youngestland:
lets go guys

How do I invest in this? I live abroad and can only see treasury bills offer on Afrinvestor 2.0

Re: Treasury Bills In Nigeria by efismikoko(m): 9:53pm On Oct 07

Chuksteve:

How do I invest in this? I live abroad and can only see treasury bills offer on Afrinvestor 2.0

Just send them a mail they will probably send you a form fill and transfer the funds

Re: Treasury Bills In Nigeria by tagonn077: 4:40pm On Oct 08

but why is bamboo rate 18% on Tbillls?

Re: Treasury Bills In Nigeria by freeman67: 7:57pm On Oct 08

Chuksteve:

How do I invest in this? I live abroad and can only see treasury bills offer on Afrinvestor 2.0

Very easy, you can do it with same Afrinvest na.

Just send them a mail. Expressing your intentions to invest in Federal Government Savings Bond for either 2 or 3 years tenure depending on your preference and they would send you the required details and account number to fund for it.

This and several other investments like CP's and co they do are usually not listed on their app. Its only when you personally indicate interest that they'll send them to you. Attached is the notice sent to me by Afrinvest.

Re: Treasury Bills In Nigeria by martin123: 12:18pm On Oct 09

House, please what is the rate for today??

Re: Treasury Bills In Nigeria by efismikoko(m): 4:42pm On Oct 09

This Zenith will not let me know if fgn saving bond has paid coupon now
No internet banking, no text, no email I tire joor

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