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Treasury Bills In Nigeria - Investment (75) - 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 Sylverly(m): 9:43am On Jan 07, 2015
Just processed mine at zenith, 364 days at 15.5.. Heaven take charge.. grin
Re: Treasury Bills In Nigeria by Mozarinia(m): 9:53am On Jan 07, 2015
I just left a FBN Branch and was told that I should come back next week.
Re: Treasury Bills In Nigeria by Desanta(m): 11:03am On Jan 07, 2015
Mozarinia post=2956what?7127:
I just left a FBN Branch and was told that I should come back next week.

Why? For what?
Re: Treasury Bills In Nigeria by pappilo(m): 11:16am On Jan 07, 2015
Desanta:


Why? For what?

No vacancy..... LoL
Re: Treasury Bills In Nigeria by Mozarinia(m): 3:27pm On Jan 07, 2015
Please can somebody give me a link through which I can know if bills will be issued on a particular day and the current trending bid rate on that day.
Re: Treasury Bills In Nigeria by coderXO(m): 9:34pm On Jan 07, 2015
pappilo:


No vacancy..... LoL

heheheh!
Re: Treasury Bills In Nigeria by obiak4(m): 10:22pm On Jan 07, 2015
coderXO:
undecided doomsday is for sure nearing. People talking about 17% interest and laughing about it.

Hell folks, Ghana pays 23%; you might run there and put your money in and see what becomes of it.

tbill in Ghana is exclusively for Ghanaian citizens but if u are willing to go true a rigorous process and compulsory stay in Ghana for a period of time then you can invest don't let the interest attract you bro
my 10kobo contribution
Re: Treasury Bills In Nigeria by princeuk21(m): 11:46pm On Jan 07, 2015
pappilo:


No vacancy..... LoL
lol
Re: Treasury Bills In Nigeria by princeuk21(m): 11:48pm On Jan 07, 2015
cool
Re: Treasury Bills In Nigeria by coderXO(m): 3:46am On Jan 08, 2015
obiak4:

tbill in Ghana is exclusively for Ghanaian citizens but if u are willing to go true a rigorous process and compulsory stay in Ghana for a period of time then you can invest don't let the interest attract you bro
my 10kobo contribution


You didn't get the gist of the post.
Ghanaian cedis is a poor currency to hold that's why TBills in Ghana are paying such high interest rates.
Re: Treasury Bills In Nigeria by obiak4(m): 4:56am On Jan 08, 2015
coderXO:



You didn't get the gist of the post.
Ghanaian cedis is a poor currency to hold that's why TBills in Ghana are paying such high interest rates.

yes that's true so are u saying if it get to high it means the currency is weak?OK I garit
Re: Treasury Bills In Nigeria by otokx(m): 8:25am On Jan 08, 2015
When is the next exercise?
Re: Treasury Bills In Nigeria by Sylverly(m): 9:59am On Jan 08, 2015
otokx:
When is the next exercise?
is this really the otokx I know cheesy... T/bill is expected two weeks from the last auction
Re: Treasury Bills In Nigeria by Mpeace(m): 12:34pm On Jan 08, 2015
anyone with information now the last auction should please past.
Re: Treasury Bills In Nigeria by Caracta(f): 1:51pm On Jan 08, 2015
Bid date: Thursday, January 08, 2015

Tenor: 91 days

Rate: 11% (firstbank).

Wow!

1 Like 1 Share

Re: Treasury Bills In Nigeria by pappilo(m): 2:05pm On Jan 08, 2015
Dont know the range of successful rates but I just got an email saying my 364 day bid at 14.99% was successful.
Re: Treasury Bills In Nigeria by otokx(m): 2:30pm On Jan 08, 2015
Sylverly:
is this really the otokx I know cheesy... T/bill is expected two weeks from the last auction

So you sef reach here? chai 2015.
Re: Treasury Bills In Nigeria by Sylverly(m): 3:28pm On Jan 08, 2015
otokx:


So you sef reach here? chai 2015.
lol..nah so...sign of wonderful 2015
Re: Treasury Bills In Nigeria by Sylverly(m): 3:29pm On Jan 08, 2015
pappilo:
Dont know the rates but just got an email saying my 364 day bid at 14.99% was successful.
which of the banks...?.
Re: Treasury Bills In Nigeria by pappilo(m): 3:31pm On Jan 08, 2015
Sylverly:
which of the banks...?.

Used GT and specified my own bid rate
Re: Treasury Bills In Nigeria by Damolaskynov: 5:55pm On Jan 08, 2015
Ok House,just got alert from GT bank...from my calculation,I got 14.78% for 364-day tenor at the BANK's rate before commission and other deductions...not bad for me as it was within my estimation. Congrats to everyone who bidded at their own rates and got it,this is gradually unfolding as a very interesting year indeed.
Anyone with the successful bid rates range should please share.Thanks,heads up everyone...
Re: Treasury Bills In Nigeria by feelamong(m): 9:02am On Jan 09, 2015
Dear XXXXX,

Please see below the result of the last Primary Market Auction:

PRIMARY MARKET AUCTION RESULT

TENOR (DAYS) STOP RATE

91 11.20%

182 14.40%

364 15.00%

1 Like

Re: Treasury Bills In Nigeria by Ojix85: 9:18am On Jan 09, 2015
feelamong:
Dear XXXXX,

Please see below the result of the last Primary Market Auction:

PRIMARY MARKET AUCTION RESULT

TENOR (DAYS) STOP RATE

91 11.20%

182 14.40%

364 15.00%


Shoot, i missed out. angry angry angry
Re: Treasury Bills In Nigeria by dandollar1: 12:07pm On Jan 09, 2015
Happy days are here again.
feelamong:
Dear XXXXX,

Please see below the result of the last Primary Market Auction:

PRIMARY MARKET AUCTION RESULT

TENOR (DAYS) STOP RATE

91 11.20%

182 14.40%

364 15.00%

1 Like

Re: Treasury Bills In Nigeria by obiak4(m): 4:56pm On Jan 09, 2015
feelamong:
Dear XXXXX,

Please see below the result of the last Primary Market Auction:

PRIMARY MARKET AUCTION RESULT

TENOR (DAYS) STOP RATE

91 11.20%

182 14.40%

364 15.00%

be like this guys no want to increase this thing make we take small risk and make small money ooo chia DAT 90day suppose to increase na Chai scratching my head ooooo
wetin man go do now be like I go go break for now ooooo
Re: Treasury Bills In Nigeria by obiak4(m): 4:57pm On Jan 09, 2015
dandollar1:
Happy days are here again.
no bro was expecting more than these ooooo
Re: Treasury Bills In Nigeria by princeuk21(m): 5:17pm On Jan 09, 2015
obiak4:

be like this guys no want to increase this thing make we take small risk and make small money ooo chia DAT 90day suppose to increase na Chai scratching my head ooooo
wetin man go do now be like I go go break for now ooooo
lol
Re: Treasury Bills In Nigeria by deennest: 5:19pm On Jan 09, 2015
Thanks for d infos.

Please I need to know; what is the implication of having my rate higher than the CBN stop rate apart from not being able to purchase the tbills that week?

- Also will I be charge for bidding higher?


Thanks in advance
Re: Treasury Bills In Nigeria by obiak4(m): 5:19pm On Jan 09, 2015
princeuk21:
lol
true bro was expecting 91 days @15% now it just 11:20% below my expectation.
Re: Treasury Bills In Nigeria by obiak4(m): 5:22pm On Jan 09, 2015
deennest:
Thanks for d infos.

Please I need to know; what is the implication of having my rate higher than the CBN stop rate apart from not being able to purchase the tbills that week?

- Also will I be charge for bidding higher?


Thanks in advance
no bro u will not be charged but you can also reapply directly with your bank but remember you won't get the CBN stop rate from your bank give and take -0.5-1% reduction
Re: Treasury Bills In Nigeria by deennest: 5:31pm On Jan 09, 2015
obiak4:

no bro u will not be charged but you can also reapply directly with your bank but remember you won't get the CBN stop rate from your bank give and take -0.5-1% reduction

Thanks bro!

So this mean there is no problem and no risk in bidding high, I can be lucky!
Re: Treasury Bills In Nigeria by petikal(m): 6:37pm On Jan 09, 2015
deennest:


Thanks bro!

So this mean there is no problem and no risk in bidding high, I can be lucky!

The "risk" is that if your bid is higher than the stop rate, then you'll lose out. That is, your money stays in your account.

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