Eisenhower:
Please people, just got interested in treasury bill investments. I want to know if I can start small with let say 15-25k in buying treasury bill at the next auction and which bank is the best bet cos I run bi with fidelity bank ,first bank,GTbank, and wema bank.
I want to be part of the next auction on April 9th..

Let's assume the rate is 10%
25k @ 10% gives u about 2500 ÷12 = 208.3

So I don't know if u will be Happy with urself or the bank if ur paid N625 as 90 days investment.

Eisenhower:
Please people, just got interested in treasury bill investments. I want to know if I can start small with let say 15-25k in buying treasury bill at the next auction and which bank is the best bet cos I run bi with fidelity bank ,first bank,GTbank, and wema bank.
I want to be part of the next auction on April 9th..

My Advice.
1) the bank may not accept such amount.

2) eg. 25k×10÷100÷4= 625. (why tie such capital in this investment) ?

3) you can use the 25k to start a business that will create 1k each day as profit just do your market research very well.

4) so painful to say this but NTB is not for small capital most investors here do millions to earn thousands with 91 days tenor talk less of thousand like 25 or 30k to make how much N500 or N700 for 3 months? so my advice is save up some cash maybe 300k and you will enjoy your profit but you can start a business first.

5) you can always read from the first page to know more about this investment vehicle don't just trow your hard earn money in this investment with little or no knowledge about it believing someone may help u when things go wrong (only you can help yourself. people are always ready to play tricks on you if they know you know nothing about where you are heading to).

I HOPE YOU FIND THIS ADVICE USEFUL.


Am always here to assist and help you guys on the subject.
Princeuk21

They pay your interest upfront.

Greetings house gurus, what rates do you suggest for bidding this week? Would like to have an idea on your forecasting skill analysis. I think maybe the rates might not differ significantly from the previous one, or what do you think?

I've just registered for the treasury in fbn, but was supprised on how they debited my account and #10k+ was left in my account as the interest. so i ask, do u guys think they gave me from the ones they have? what could be the possible conversion rate that amounted to that 10k+? thanks

Royal155:
I've just registered for the treasury in fbn, but was supprised on how they debited my account and #10k+ was left in my account as the interest. so i ask, do u guys think they gave me from the ones they have? what could be the possible conversion rate that amounted to that 10k+? thanks

You have to inform us about the face value(amount you invested) and which tenor (30 days, 182 days or 365 days ) you chose

Is t bills save with the new govt inplace?

slimtriggaman:


You have to inform us about the face value(amount you invested) and which tenor (30 days, 182 days or 365 days ) you chose

I invested 300k for 91days

Royal155:

I invested 300k for 91days

The rate should be 13% + that way. If there was no money in your account earlier, then the rate is fair enough in my opinion.

Etfash:


The rate should be 13% + that way. If there was no money in your account earlier, then the rate is fair enough in my opinion.

Wow! Anyway, they said i should come today for my receipt and certificate today. By so doing, i can be able to know what their exact rate was. If it was as u said, i'll invest another 600k for a yr. thanks dear

With the change in power and successful election, rate will dramatically reduce. My bank is recommending I bid 13.25% for 182 days. It was around 14.50% 2 weeks ago.

kennyzboy:
Greetings house gurus, what rates do you suggest for bidding this week? Would like to have an idea on your forecasting skill analysis. I think maybe the rates might not differ significantly from the previous one, or what do you think?

Your TBills will always be safe regardless.

lanruma001:
Is t bills save with the new govt inplace?

Hello House !!
It's been awhile,I just wanted to drop a note and wish you all a profitable bidding this week. I will watch and study the trends for now to see where it all pans out during this transition period,the rate at which the Naira appreciated to the dollar just after the announcement of the presidential elections is enough reason for me to take things easy for now and really see how it all patterns out.
Stay blessed and safe,everyone

13.25? that's terrible...it should have dropped at 14 at least until after gubernatorial be for it dips lower than that..

I absolutely agree with you. I have now put off bidding till next 2 weeks again. I doubt I want to go with 13.25% for 182 days.

Pluslargent:
13.25? that's terrible...it should have dropped at 14 at least until after gubernatorial be for it dips lower than that..

what makes you think it be higher in two weeks time...market indicators makes it look like down hill from here except the gubernatorials churn up a lil chaos

Dear House,
Pls, can one still send in one's request for today's bidding as I guess today is the bid date? Thanks

Epphy:
Dear House,
Pls, can one still send in one's request for today's bidding as I guess today is the bid date? Thanks

I don't think so sir , u may have to wait till the next auction
The account officer gave me before 5 pm yesterday to submit , but u can try

Thanks a bunch

lancee:



I don't think so sir , u may have to wait till the next auction
The account officer gave me before 5 pm yesterday to submit , but u can try

Hello guys,


91 days - 10.5%
182 days - 14.1%
364 days - 14.15%

Source:
http://www.cenbank.org/rates/GovtSecuritiesDrillDown.asp?beginrec=1&endrec=10&market=NTBP

Ojix85:
Hello guys,


91 days - 10.5%
182 days - 14.1%
364 days - 14.15%

Source:
http://www.cenbank.org/rates/GovtSecuritiesDrillDown.asp?beginrec=1&endrec=10&market=NTBP

Wow! E good ooo! I'll be investing 400k in the next auction.

Ojix85:
Hello guys,


91 days - 10.5%
182 days - 14.1%
364 days - 14.15%

Source:
http://www.cenbank.org/rates/GovtSecuritiesDrillDown.asp?beginrec=1&endrec=10&market=NTBP

Nice one... Hopefully the tempobwill be sustained till they mop up all the monies the outgoing presidency was sharing around. Or at least till the new govt settles in and start the much talked about fiscal squeeze.



BTW.... Between GTB and FBN which bank has better yield in terms of bid experience...

hello people.... how does buying treasury bills work...and which profits most in buying bonds,stocks or treasury bills

mctifey:
hello people.... how does buying treasury bills work...and which profits most in buying bonds,stocks or treasury bills

treasury bills are better than fgn bonds and both are risk free. Stocks have the potential for much higher returns, but are more risky as well.

Seun:
treasury bills are better than fgn bonds and both are risk free. Stocks have the potential for much higher returns, but are more risky as well.

So which of them is risk free?. Each time I hear stocks/bonds or anything that has to do with capital market, The global financial crises comes to my mind!.

joseph1832:
So which of them is risk free?. Each time I hear stocks/bonds or anything that has to do with capital market, The global financial crises comes to my mind!.

no investment is risk free, with stocks you stand the chance of making huge return on your investment like wise you stand the chance of loosing all your money, treasury bills and bonds have moderate risk level in that the federal government is expected under normal conditions to pay it's debt. depending on your risk appetite that's what that should guide you in your investment but it is better to diversify, that way you don't lay all your eggs in one basket

joseph1832:
So which of them is risk free?. Each time I hear stocks/bonds or anything that has to do with capital market, The global financial crises comes to my mind!.

Nigeria Treasury Bills and FGN Bonds denominated in naira are risk free in the sense that the Nigerian government cannot run out of naira.

Hello house, has anyone used Zenith bank to invest in treasury bills and how long did it take for them to credit the discounted (interest) amount to your account?, cuz I did and up till now nothing

slimtriggaman:
Hello house, has anyone used Zenith bank to invest in treasury bills and how long did it take for them to credit the discounted (interest) amount to your account?, cuz I did and up till now nothing

Still waiting as well

please when is the next auction coming up?

What bank is best for TB.