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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4610962 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)
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Re: Treasury Bills In Nigeria by Nobody: 4:52pm On Aug 29, 2015 |
What duration does FGB work ...5yrs only? |
Re: Treasury Bills In Nigeria by babakess: 9:27am On Aug 30, 2015 |
Ephemmm: 200k or so not so sure |
Re: Treasury Bills In Nigeria by htconeline: 11:56am On Aug 30, 2015 |
What is the least year one can buy inbond....... And if say I buy for2 years and my brother buy bond of 4years. Will I enjoy the benefit that off four years also benefit........and let say am on bond for 3 years with one million naira and I decide to opt out in d second year what we I forfeit. |
Re: Treasury Bills In Nigeria by Nobody: 1:33pm On Aug 30, 2015 |
htconeline: What is the least year one can buy inbond....... And if say I buy for2 years and my brother buy bond of 4years. Will I enjoy the benefit that off four years also benefit........and let say am on bond for 3 years with one million naira and I decide to opt out in d second year what we I forfeit. |
Re: Treasury Bills In Nigeria by Nobody: 3:26pm On Aug 30, 2015 |
Gurus in the house. Help me with this https://www.nairaland.com/2563710/what-best-way-invest-1 |
Re: Treasury Bills In Nigeria by Nobody: 4:05pm On Sep 01, 2015 |
When is the next treasury bill auction in Gtbank? |
Re: Treasury Bills In Nigeria by babakess: 8:25pm On Sep 01, 2015 |
adrianstylez: tomorrow |
Re: Treasury Bills In Nigeria by Ephemmm: 8:40pm On Sep 01, 2015 |
babakess: Any suggestion on the rate I can bid with 500k for 91 days? However, what does 10% interest for 91days represent? Does it mean 50,000 for the whole 3 months? |
Re: Treasury Bills In Nigeria by Daddi: 10:03pm On Sep 01, 2015 |
Naijainvestor:pls I want to invest in FG bond for 16th sept 2015, for the 5yrs(4.5yrs) duration but what I want to understand in a lay-man's knowledge is; if i subscribe for that of N500,000 how much (the amount) 'll be my interest if the percentage is like 15.54% for instance. when'll i be paid, i hear things like semi annually? Pls gurus in the house help thanks. cc: naijainvestor , feelamong 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 10:18pm On Sep 01, 2015 |
babakess: Please are you sure about this because the guy I met at Gtbank today said it hold s every 2 weeks and the last one ended today. He doesn't seem too learned though. Where I knew he wasn't learned is where he said you can't liquidate before your duration matures in the secondary market, as opposed to what I have read and seen in this the treasury bill thread. |
Re: Treasury Bills In Nigeria by babakess: 10:44pm On Sep 01, 2015 |
adrianstylez:he is right ....auction is every 2 weeks ...wednesdays.....tomorrow......but application ended today....so you have to wait for the next one ........after the auction morrow ...entries are passed on thurs |
Re: Treasury Bills In Nigeria by babakess: 10:50pm On Sep 01, 2015 |
Ephemmm: i go with the banks bid rate most times to avoid missing out ..........and secondly the rate for 91days tenor should be around 10%.....its been around that......10% of 500k is 50,000 per annum....so 91 days is 1/4th the annual figure that is 50,000/4= 12,500naira. My Advice is if you dont have need for the money its better to buy 364days and enjoy a higher rate like 13 to 14% per annum........that 3 to 4% will cost you over a long period of you look at it critically. |
Re: Treasury Bills In Nigeria by Nobody: 11:24pm On Sep 01, 2015 |
babakess: So when next can I invest my cash?? |
Re: Treasury Bills In Nigeria by petikal(m): 1:31am On Sep 02, 2015 |
adrianstylez:Like he said (and it's been repeated here), TBills happen every two weeks. If you want to get in on the next, talk to your bank rep 1 week in advance. 1 Like |
Re: Treasury Bills In Nigeria by Ephemmm: 11:02am On Sep 02, 2015 |
babakess: Thanks. I think it is high time I look for land within this range instead of allowing the money to remain idle. Accept my warmest regards. |
Re: Treasury Bills In Nigeria by Nobody: 12:55pm On Sep 02, 2015 |
petikal: Thanks a lot. |
Re: Treasury Bills In Nigeria by xammy(m): 1:03pm On Sep 02, 2015 |
In progress
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Re: Treasury Bills In Nigeria by xammy(m): 1:10pm On Sep 02, 2015 |
hoping 364day will close at 14% |
Re: Treasury Bills In Nigeria by motherlode: 1:59pm On Sep 02, 2015 |
freeman67:would a TB certificate be issued to me if i invest in TB with 100k/200k? Can i choose to invest both the interest and principal on my first day of bidding? If it is possible for me, will i be credited with the interest and principal before it is reinvested? |
Re: Treasury Bills In Nigeria by babakess: 2:51pm On Sep 02, 2015 |
motherlode: you can reinvest the interest next auction day which is 2 weeks frm that day........and provided it meets the minimum required amount for bidding ........there by increasing your annual return yr/yr..........Example........Lets say i purchase N2,000,000 at 14% at today's auction ...my return or interest is 280,000 for the 364days....over the same period i can increase my interest for the year by using the 280k to repurchase the bills two weeks later.....assuming interest fell after two weeks to 13.5% per 364days.....280k *0.135=N37800......to adjust for the two weeks ....................it becomes 37800*(350/364)=36346. add that to your original 280k interest then you have N316,346,Meaning your ROI for the year is 15.82%......1 to 2% interest increase in ur annual return can increase your wealth by millions after a long time. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by babakess: 3:08pm On Sep 02, 2015 |
THIS IMAGE SHOWS YOUR WEALTH COMPOUNDING AT 10%....FOR 20 YEARS I.E (1+0.1)^20 X PRINCIPAL=6.73 X PRINCIPAL after 20years .....(1) now.....15.82% compounding over the same period ..... (1+0.1582)^20 x PRINCIPAL =18.87 X PRINCIPAL...............(2) THAT MEANS INCREASING THE INTEREST RATE BY HALF(1.5)......tripled the multiplication factor of our wealth.........each percetage count over the long run AND TBILLS IS safe....Thats[b] Explosion[/b] folks .........no putting into consideration your contribution for the year in form of savings WHATS YOUR PRINCIPAL TODAY start now and be free in 10years minimum
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Re: Treasury Bills In Nigeria by mekaboy(m): 4:50pm On Sep 02, 2015 |
htconeline: Maybe deliverance from bondage. |
Re: Treasury Bills In Nigeria by ukay2: 8:12pm On Sep 02, 2015 |
Re: Treasury Bills In Nigeria by mickey45: 10:56pm On Sep 02, 2015 |
babakess: GTB takes 100k upwards... But they'll first tell you 500, only when you tell the customer care/acc.officer person willhe then accede to your 100k |
Re: Treasury Bills In Nigeria by mickey45: 10:58pm On Sep 02, 2015 |
adrianstylez: He's sorta right, instruction window/portal for bid placement closes a day before d real date While actual execution of your instruction takes place. The day itself What rates are they offering? The one here told me 9.7 |
Re: Treasury Bills In Nigeria by mickey45: 11:01pm On Sep 02, 2015 |
babakess: Morning Babakess! What are the official rates for stanbic/Access/GTB please? |
Re: Treasury Bills In Nigeria by Setaje(f): 11:09pm On Sep 02, 2015 |
mickey45: You no dey sleep ![]() |
Re: Treasury Bills In Nigeria by mickey45: 2:43am On Sep 03, 2015 |
Setaje:@ Setaje; didn't know you also frequent this joint, shai! Money no dey do you? How every? I pm-ed you o!, wetin happen? |
Re: Treasury Bills In Nigeria by mickey45: 2:44am On Sep 03, 2015 |
Setaje: @ Setaje; didn't know you also frequent this joint, shai! Eego no dey do you? How every? I pm-ed you o!, wetin happen? |
Re: Treasury Bills In Nigeria by babakess: 8:36am On Sep 03, 2015 |
THESE ARE THE RATES FOR YESTERDAYS AUCTION T/BILLS: PRIMARY (02/09/15) 91 Days : 10.0000 182 Days : 13.5000 364 Days : 14.6900 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Setaje(f): 8:54am On Sep 03, 2015 |
mickey45: You pm me. I no see am ooooo. Good morning. |
Re: Treasury Bills In Nigeria by adaxxy: 10:14am On Sep 03, 2015 |
babakess:Hello dear and thank you for the explanatoin above, but i have a problem with gtbank i deposited some amount in my account 3months ago to invest tb and they kept dissuading me to go for fixe deposit but i declined and i insist that i want TB and now i keep spending the money and replacing it back, i now told them i want to transfer to another bank , but after a lot of begging that they will do it for me and i was told that another one was ongoingg and ended on friday last week because i was there on wednesday last week and up till now the money have not left my account and to now discover that another one ended yestarday , please what do i do now. |
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