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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4611262 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 jonathansui: 5:47pm On Sep 27, 2015 |
Hello House, iv been following this forum for a long while now, iv just been observing and learning from you all. After alot of research i am ready to invest in Tbills ![]() Thanks |
Re: Treasury Bills In Nigeria by Desanta(m): 6:23pm On Sep 27, 2015 |
jonathansui: Yes it's that simple with some banks. |
Re: Treasury Bills In Nigeria by jonathansui: 7:41pm On Sep 27, 2015 |
Thanks @Desanta for your reply, any idea when the next deadline to submit a bid ? I understand that CBN issues Tbills every fortnight on wednesday. |
Re: Treasury Bills In Nigeria by Desanta(m): 7:57pm On Sep 27, 2015 |
jonathansui: There is a table for the 4th quarter on page 126. |
Re: Treasury Bills In Nigeria by just2endowed: 9:02pm On Sep 27, 2015 |
Desanta: pls from the table u pointed out.does it mean ntb will be weekly? coz next auction day is 8th oct 2015 |
Re: Treasury Bills In Nigeria by AmeLonRo(m): 9:39pm On Sep 27, 2015 |
I want a simple clarification please. On TB 91 days is what %= 182 days is what % = 364 days is what %= |
Re: Treasury Bills In Nigeria by caesaraba(m): 9:54pm On Sep 27, 2015 |
AmeLonRo: When they say 13.85%, it refers the to the % accruable upon maturity on a 364 day period just like in fix dep. 1 Like |
Re: Treasury Bills In Nigeria by mekaboy(m): 10:52am On Sep 28, 2015 |
What is the best way to invest 10m gotten from property sales? To buy 2020 bond and use the proceeds to be buying treasury bills. or be buying treasury bills yearly with the money. or buy bond of 6m and be buying tbills with 4m and the returns from the bond. Whats the best way to go about this.? 1 Like |
Re: Treasury Bills In Nigeria by feelamong(m): 11:17am On Sep 28, 2015 |
mekaboy: what is your investment horizon? what if you invest in Tbills and by the end of one year, the rates have crashed? and you now have a bigger reinvestment risk to deal with.. we need to understand your plans for the future and how much risk you are willing to take 1 Like |
Re: Treasury Bills In Nigeria by feelamong(m): 11:18am On Sep 28, 2015 |
mekaboy: what is your investment horizon? what if you invest in Tbills and by the end of one year, the rates have crashed? and you now have a bigger reinvestment risk to deal with.. we need to understand your plans for the future and how much risk you are willing to take.. |
Re: Treasury Bills In Nigeria by mekaboy(m): 11:38am On Sep 28, 2015 |
feelamong: This fund will be set aside for atleast 5yrs and part of interest will be used to expand already existing bizness. Since the owner is not sure of a business to invest such huge sum into without much risk . He rather invest some of the proceeds than the huge sum. He also considers the possibility that the value of the 10m might depreciate in 5yrs, hence the need to reinvest the proceeds. So that by the time the money is out in 5yrs, he will have extra to add to makeup for the depreciation. |
Re: Treasury Bills In Nigeria by pipz(m): 12:11pm On Sep 28, 2015 |
find below the NTB Auction Result for September 23, 2015. Auction Date 23/09/2015 23/09/2015 23/09/2015 Allotment / Issue Date 24/09/2015 24/09/2015 24/09/2015 Tenor (91-Day) (182-Day) (364-Day) Offer Amount (=N=) 31,190,876,000 10,614,270,000 59,081,137,000 Total Subscription (=N=) 28,141,577,000 54,337,276,000 235,247,949,000 Allotment (=N=) 28,122,000,000 13,683,146,000 59,081,137,000 Range of Bid Rates (%): 9.9800 – 14.0000 12.4000 – 14.5000 12.8000 – 15.9990 Recommended Stop Rates (%): 10.5000 13.1900 13.8012 91days - 10.50% 182days - 13.19% 364 days - 13.80% |
Re: Treasury Bills In Nigeria by Moses247(m): 6:47pm On Sep 28, 2015 |
pipz:bro can i bid for 13:50 for one year^?will de accept it?? |
Re: Treasury Bills In Nigeria by mekaboy(m): 12:46pm On Sep 29, 2015 |
Can someone answer my question. And also, when next will the 2020 bond be sold? |
Re: Treasury Bills In Nigeria by Ephemmm: 1:05pm On Sep 29, 2015 |
ukay2: Can I get a sample of letter from you? Forget the address and other paparasi: just go straight to the body of the letter. |
Re: Treasury Bills In Nigeria by ukay2: 1:34pm On Sep 29, 2015 |
Ephemmm: Your account officer should guide you... E.g Sir, Application for Nigeria Treasury Bill Auction for 30th September 2015 I write to apply for the above investment. Below are my account details: Name: Account number: Bank : Amount: Tenor: 91 or 182 or 364 days Interest: 13% or @GTBANK stop rate Thanks. Yours faithfully, Your signature Name Phone number. Hope this will help you. Happy investment. 1 Like |
Re: Treasury Bills In Nigeria by Ephemmm: 1:56pm On Sep 29, 2015 |
ukay2: Thanks so much: when is the next bidding date please? |
Re: Treasury Bills In Nigeria by ukay2: 2:04pm On Sep 29, 2015 |
Ephemmm: 08/10/2015. Submit your application latest Monday before the bidding Wednesday. Also check number 126 of this forum to see CBN NTB program for 4th quarter 2015 1 Like |
Re: Treasury Bills In Nigeria by mekaboy(m): 3:33pm On Sep 29, 2015 |
Can someone answer my question and also tell me when next 2020 bond will be sold. |
Re: Treasury Bills In Nigeria by manie(m): 6:37pm On Sep 29, 2015 |
What type of return should invesors expect from the N100 Billion Commercial Paper of Nigeria Brewery Plc? |
Re: Treasury Bills In Nigeria by Nobody: 6:45am On Sep 30, 2015 |
mekaboy:Oboi na big monioo! Please forget bond and lock the fund 1yr treasury bills, you'll be glad you did. On filling the form, just tick on TERMINATE AFTER 365 TENOR so it wont rollover the principal. |
Re: Treasury Bills In Nigeria by mekaboy(m): 7:56am On Sep 30, 2015 |
Royal155: I Heard the interest on bond is up to 15% and and it will be consistent. But with tbills after the the one year you cant tell if the interest will be the same or lower/higher. |
Re: Treasury Bills In Nigeria by Nobody: 8:13am On Sep 30, 2015 |
mekaboy:Why I prefer t.bills is because it is short term investment. As Nigeria economy is now, oboi I dey fearoo! |
Re: Treasury Bills In Nigeria by mekaboy(m): 8:34am On Sep 30, 2015 |
Royal155: Hmm thats true. Someone once said here that unlesd the country seizes to exist, the interest in bonds wont be tampered with. |
Re: Treasury Bills In Nigeria by Nobody: 8:48am On Sep 30, 2015 |
mekaboy:Yes. Just that I rather invest in real estate for long term than investing in bond for long term. But, that doesn't mean that bond is not save or good investment, but that's just my preference. Hope you understand what I mean? Not trying to discourage you dear. HAPPY INVESTING |
Re: Treasury Bills In Nigeria by Seun(m): 8:48am On Sep 30, 2015 |
What happened yesterday? LAGOS, Sept 29 (Reuters) - Nigeria's central bank sold 53.08 billion naira ($266.6 million)worth of treasury bills on Tuesday in a bid to mop up excess liquidity, dealers said, as the currency weakened on stronger demand from importers.http://af.reuters.com/article/nigeriaNews/idAFL5N11Z2UG20150929 |
Re: Treasury Bills In Nigeria by mekaboy(m): 9:19am On Sep 30, 2015 |
Royal155: Sure, if the value of the property appreciates by up to 10% annually. Thats cool. |
Re: Treasury Bills In Nigeria by osile2012: 10:58am On Sep 30, 2015 |
[size=18pt]@mekaboy if you dont want to use the funds urgently, i dont think bond is a bad idea. You shld be making atleast 1.5m a year on bonds. You can buy tbills with that. my 10 kobo .[/size] |
Re: Treasury Bills In Nigeria by Sveen: 11:57am On Sep 30, 2015 |
Plans by the Ogun State government to privatize water through a Public Private Partnership ( PPP ) model promoted by the World Bank is a recipe to enslave citizens of the state and generations yet born, an NGO and a trade union have warned . http://www.pmnewsnigeria.com/2015/09/30/groups-tackle-amosun-over-plan-to-privatise-water/ lalasticlala |
Re: Treasury Bills In Nigeria by tunai(m): 11:58am On Sep 30, 2015 |
Guru's in the house, please what rate would you guys advice for next bid date for 182days?. |
Re: Treasury Bills In Nigeria by lancee(m): 1:27pm On Sep 30, 2015 |
Seun: GT BANK , debited my money for t-bills dated 23rd sept on Monday , but yesterday i was surprised to see them crediting the whole money bank inot my account ..i was about calling them Then i recieved another debit alert , they debited the money back and when i checked, the date of the T-bills had been changed to 29th sept ..i am yet to understand what happened I think there was Auction yester |
Re: Treasury Bills In Nigeria by yomi007k(m): 2:13pm On Sep 30, 2015 |
Royal155:Real estate is not a bad idea but u need to consider a lot of factors. 1. Do u like omo onile stress? 2. Do u hav d finances to complete d structure. 3. If u finally complete d structure, will d returns be worth it? I knw someone who used about 1.5M to build a room- and parlor. Only for dem to be asking 60k per year. 1.5M on T-bill @ 13 percent will give u abt 180k. Different folks sha 1 Like |
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