Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,198,122 members, 7,967,158 topics. Date: Saturday, 05 October 2024 at 12:53 PM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4663236 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)
(1) (2) (3) ... (80) (81) (82) (83) (84) (85) (86) ... (2266) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by TCann(m): 5:52pm On Feb 22, 2015 |
@Feelamong Please, can you help me with the details of your account officer? I have been frustrated enough by my account officer in one of the GTbank's branches, it's either most of these branch bank staff are ignorant of the workings of Treasury bills or they are just ready to frustrate one to accept the secondary market at their own rate. Pls advice me, concerning TBs, (since most of these branch bank staff seems ignorant of the workings of TBs), can I go to the Head office to initiate my TB primary market bidding by transferring my account to the Head Office branch or how do get a bank in Nigeria that will accept primary market bid from me and communicate my bid outcome through a formal email correspondence and receipting? Pls name the bank here and the branch to go. @Desanta Which bank are you using? I need to exit GTB for this investment purpose. Please, help me with all and every information that I need, to move this fund lying fallow in my current acct in GTB...send details to toni.cann@gmail.com |
Re: Treasury Bills In Nigeria by TCann(m): 6:12pm On Feb 22, 2015 |
sammily: Sammily, Please which bank are you using and how do you go about placing bid with your banch for primary market TB bidding? Thank you as I await your response. |
Re: Treasury Bills In Nigeria by Desanta(m): 6:24pm On Feb 22, 2015 |
@Desanta Which bank are you using? I need to exit GTB for this investment purpose. Please, help me with all and every information that I need, to move this fund lying fallow in my current acct in GTB...send details to toni.cann@gmail.com [/quote] I use First bank of Nigeria, plc. They are okay not perfect.. |
Re: Treasury Bills In Nigeria by sammily(m): 11:33pm On Feb 22, 2015 |
TCann: I use both FBN and Zenith. Just walk into the branch and ask who is in charge of NTB investment, fill the form and you are in. At FBN you mostly go with the bank rate which almost never fails but at Zenith, you can either go with the bank rate or place your own bid rate. |
Re: Treasury Bills In Nigeria by cee001(m): 2:59pm On Feb 23, 2015 |
Pls must I operate a current account in order to invest in treasury bills |
Re: Treasury Bills In Nigeria by Desanta(m): 5:18pm On Feb 23, 2015 |
cee001: No. I use my savings account. |
Re: Treasury Bills In Nigeria by cee001(m): 6:02pm On Feb 23, 2015 |
ok. thanks @Desanta |
Re: Treasury Bills In Nigeria by coderXO(m): 6:20pm On Feb 23, 2015 |
...good time to buy Nigerian assets with your hard currency folks. Meanwhile, Naira is plummeting against $$$ and CBN is stopping auctions. You are limiting the circulation of a commodity; the price will not go up? Mtschew. Clueless. |
Re: Treasury Bills In Nigeria by princeuk21(m): 6:53pm On Feb 23, 2015 |
sammily:too bad |
Re: Treasury Bills In Nigeria by princeuk21(m): 6:55pm On Feb 23, 2015 |
angelo82:those guys are crooks |
Re: Treasury Bills In Nigeria by princeuk21(m): 6:58pm On Feb 23, 2015 |
kaptinphilz:i don't think you'll need them or see any reason to trust them all they care about is to keep your fund in their bank and make more money from it for their bank |
Re: Treasury Bills In Nigeria by princeuk21(m): 7:00pm On Feb 23, 2015 |
unite4real:u re right |
Re: Treasury Bills In Nigeria by princeuk21(m): 7:03pm On Feb 23, 2015 |
cee001:pls go through the thread from the first to the current page it will help u. 1 Like |
Re: Treasury Bills In Nigeria by princeuk21(m): 7:05pm On Feb 23, 2015 |
angelo82:its still ok |
Re: Treasury Bills In Nigeria by princeuk21(m): 7:08pm On Feb 23, 2015 |
diamond88:go to first bank |
Re: Treasury Bills In Nigeria by princeuk21(m): 7:11pm On Feb 23, 2015 |
cee001:no 1 Like |
Re: Treasury Bills In Nigeria by princeuk21(m): 7:12pm On Feb 23, 2015 |
coderXO:asset like? |
Re: Treasury Bills In Nigeria by angelo82: 7:27pm On Feb 23, 2015 |
Yes is not bad......But I am going to open a new account with first bank,because they care more about ethics and they help you to improve in terms of investment....The other ones they drag your investment with you................ princeuk21: |
Re: Treasury Bills In Nigeria by coderXO(m): 10:30pm On Feb 23, 2015 |
if you got the money: land & houses, i.e property Properties that were "x amount" (Naira) 3 months ago, are still that same x amount today. Let's say a land you were eyeing one time was N1m , that woulda been $5500 Today that land is gonna cost you $4600. If you are a big hitter, that can save you $10 or 20 grand on some purchases. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 2:29pm On Feb 24, 2015 |
Mutual funds are another out let for investment. You can buy Newgold etf, performed good last year and has returned about 16% this year. It tracks gold so investing in it is like investing in gold indirectly. I do not hold it though because I do not have the money. You can get more information on www..com Good luck with your investments |
Re: Treasury Bills In Nigeria by Nobody: 4:49pm On Feb 24, 2015 |
Pls fellow investors, is there any change in the BVN registration of June 30, 2015 deadline and what is the implication if someone does not get registered before the deadline especially for those in diaspora. Thanks for your prompt response. 1 Like |
Re: Treasury Bills In Nigeria by diamond88: 11:40am On Feb 25, 2015 |
princeuk21: ok i will check out a branch close to me./ i hope tghey accept 100k |
Re: Treasury Bills In Nigeria by babesummy: 4:21pm On Feb 25, 2015 |
angelo82: #angelo82 My sister works in a bank and will happily assist. You won't have to tip her. Interested? |
Re: Treasury Bills In Nigeria by MARTINS630: 10:30pm On Feb 26, 2015 |
NairaQuest: Thanks bro |
Re: Treasury Bills In Nigeria by MARTINS630: 10:42pm On Feb 26, 2015 |
angelo82: True talk. Think of FirstBank for your investment needs. These guys truely care about their customers. They r out to satisfy their customers dis time around. Although dey r still some bad eggs amongst dem, dat aint strange, cos its evry were. For starters n all others investing with other banks, firstbank will do u well if u aint satisfied with ur current bank. I can testify to that cos I've been der. C ya |
Re: Treasury Bills In Nigeria by Damolaskynov: 6:12am On Feb 27, 2015 |
Great people, Can anyone here assist with the current Treasury bills auction time-table or schedule as published by CBN where they usually state which tenors are goin to be auctioned and the amount/value e.t.c? I remember either feelamong or angelo82 or someone posted that kind of quarterly schedule sometime late last year. I honestly would not want a repeat of what happened to me last week where my 365-day bid did not fly due to several reasons to happen again next week,that's why I'm requesting for the schedule.Thanks everyone,do enjoy your weekend ahead |
Re: Treasury Bills In Nigeria by nitrogen(m): 9:07am On Feb 27, 2015 |
Check out the file attached, see how it works: Maturing bills are always re-issued, and it helps CBN make quarterly schedules, now, the next issue will be next week (mar 4), meanwhile, some bills will mature on Mar 5, so, basically, the ones maturing are re-issued a day before maturity. In my file, quite easy to see bills maturing on mar 5, so expect the same to be issued on mar 4, as it stands, we expect 17.85bn of 91-day maturity, 50bn of 182-day maturity and 187.12bn of 364 day bill to be issued on wednesday (mar 5). Under normal circumstance(s), we are expecting all that stated above, situations(basically monetary policy issues) may warrant changes to be made, but most times, it doesn't change. Regards. PS. Leave the OMO issuance section, don't let us go into that now.
|
Re: Treasury Bills In Nigeria by angelo82: 9:50am On Feb 27, 2015 |
True......I have another Bills maturing on the 5th of next month.............I thought the guy is requesting research report of possible rates normally published by Meristem but I don't think they have the time now.....Everything is out of control especially the unpredictable exchange rate that keeps jumping up................ |
Re: Treasury Bills In Nigeria by Damolaskynov: 12:08pm On Feb 27, 2015 |
nitrogen: angelo82: @ nitrogen,thanks a billion for this information...at least,my account officer will not say that CBN did not offer 364 days tenor like they said last week @ angelo82,this schedule was exactly what I was requesting for.I do not bother myself anymore with all those statistics prepared by ''professionals" that never comes to pass...moreover,I go with the bank's rate so I don't lose out (half bread is better than chin-chin sometimes) 1 Like |
Re: Treasury Bills In Nigeria by angelo82: 12:10pm On Feb 27, 2015 |
Watch out for yourself anyway.......Goodluck! Damolaskynov: |
Re: Treasury Bills In Nigeria by nitrogen(m): 12:18pm On Feb 27, 2015 |
angelo82: Well, it all depends, most houses still forecast, infact, forecasting/making predictions is a normal stuff. I can actually give a possible rate range for a maturity to be issued anytime soon, but no time. Its all good. |
Re: Treasury Bills In Nigeria by just2endowed: 8:16am On Mar 02, 2015 |
When is the next auction date |
(1) (2) (3) ... (80) (81) (82) (83) (84) (85) (86) ... (2266) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: 5 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 60 |