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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 clino: 5:01pm On Oct 08, 2015 |
I bidded thru FBN too for the last T-Bill and my money was re-funded I guess the bid was not successful. Anyone who used FBN and his/her was successful ? |
Re: Treasury Bills In Nigeria by DMerciful(m): 6:13pm On Oct 08, 2015 |
I bidded through first bank and it was successful. from my calculation 360 days was at 12.15%. I knew it will be around this range cos the rate was low when it was announced on tele. clino: |
Re: Treasury Bills In Nigeria by Adesiji77: 6:13pm On Oct 08, 2015 |
udysweet: 22-10-2015 |
Re: Treasury Bills In Nigeria by jonathansui: 6:25pm On Oct 08, 2015 |
Hello House Does anybody know the stop rate for yesterdays auction for 91 days ? Thanks in advance |
Re: Treasury Bills In Nigeria by Zeiya(f): 7:21pm On Oct 08, 2015 |
DMerciful:I was successful too. I got arnd 12% for 364 days |
Re: Treasury Bills In Nigeria by isaacology(m): 9:25pm On Oct 08, 2015 |
GTBANK also gave 12% for 182 days tenor |
Re: Treasury Bills In Nigeria by Moses247(m): 9:33pm On Oct 08, 2015 |
How Much go be my interest if i invest 750@12percent on T.b for 6months. |
Re: Treasury Bills In Nigeria by jonathansui: 9:37pm On Oct 08, 2015 |
Does anyone know the rate for 91 days, because i only got 2.4% from GTBank |
Re: Treasury Bills In Nigeria by isaacology(m): 9:52pm On Oct 08, 2015 |
i think this is what Gtbank gave out
2.4% for 91 days tenor
6% for 182days
12% for 365days |
Re: Treasury Bills In Nigeria by jonathansui: 9:56pm On Oct 08, 2015 |
@issacology in your last post, you said gtbank gate 12% for 182 days, but now you've said they gave 6% for 182 days, can you confirm which it is ? |
Re: Treasury Bills In Nigeria by ganilat4: 10:19pm On Oct 08, 2015 |
I think cbn stop rate is not yet out. |
Re: Treasury Bills In Nigeria by 1money: 10:32pm On Oct 08, 2015 |
clino:Same happened to me, I wonder why. I bidded for 91 days. What is the duration of your bid? |
Re: Treasury Bills In Nigeria by isaacology(m): 11:54pm On Oct 08, 2015 |
jonathansui: sorry, it was a mistake on my part .6% for 182 days tenor. |
Re: Treasury Bills In Nigeria by clino: 6:44am On Oct 09, 2015 |
1money:91days..... The bank was saying they were having prob with bidding for 182days tenure. |
Re: Treasury Bills In Nigeria by Moses247(m): 7:07am On Oct 09, 2015 |
hello everyone pls how much is 750k at d rate of 12percent for 6months?? |
Re: Treasury Bills In Nigeria by Nobody: 7:18am On Oct 09, 2015 |
DMerciful: Can you please educate me on treasury bill, or can we talk outside dis forum like chat or call. I am getting alot of distorted information. First of all i go to my bank ecobank and ask dem to help me with treasury bills 5m for 91days and d guy begins to say the best he can do his 9percent,he isnt sure dey hv 91days. Am like wth! but i hv a fixed deposit running at 8.5percent. I suspect he must be trading in d secondary market. What do i need to do to directly trade with cbn ? I understand cbn only trades twice is a month and d next one is 20th of this month. Can you guide me on hw tou went abt tour bidding? What rate did you use? Was yours primary or secondary market? Cos many of this bank are thieves and all dey want is to milk one dry. Who is d best person to speak to cos d marketer i spoke to did nt seem educated enough on the subject. |
Re: Treasury Bills In Nigeria by Nobody: 7:39am On Oct 09, 2015 |
udysweet: What rate did you use and hw long |
Re: Treasury Bills In Nigeria by Nobody: 7:40am On Oct 09, 2015 |
jonathansui: 2.4 ke |
Re: Treasury Bills In Nigeria by Etfash(m): 8:18am On Oct 09, 2015 |
Moses247: 45k. |
Re: Treasury Bills In Nigeria by DMerciful(m): 10:19am On Oct 09, 2015 |
I use first bank for treasury bills and i opened account with first bank because of this. They have a form you fill and you indicate the tenure but the bid rate is usually the bank's bid rate so you have to go with them however they are usually honest! 91days tenure is usually btw 9.5% while 180 and 365 days are higher keyman0007: |
Re: Treasury Bills In Nigeria by 1money: 10:19am On Oct 09, 2015 |
clino: Ok o. It means FBN bid for 91 days failed cause I went along with the bank rate. Guess we have to wait for the next bid in 2 weeks time. |
Re: Treasury Bills In Nigeria by ganilat4: 10:22am On Oct 09, 2015 |
Crash yield, this time Around. 91 days=10, 182 days=12.20 and 364 days=12.50 |
Re: Treasury Bills In Nigeria by AleAirHub(m): 10:41am On Oct 09, 2015 |
Hello gurus in the house. Please I will kindly to know if there is any difference between Money Market Fund & Treasury Bill. I have a mutual funds account with FBN CAPITAL & I have been thinking for weeks now weather to switch to shares trading or heritage fund or mortgage investment or online binary trade as well. Please your advice is highly appreciated... Thanks. Cc Seun |
Re: Treasury Bills In Nigeria by feelamong(m): 11:54am On Oct 09, 2015 |
ganilat4: The yields are fast crashing as expected.... would be watching the secondary market for the next few days to see if there will be any better deals there... anything below 13% is a no deal for me |
Re: Treasury Bills In Nigeria by yomi007k(m): 11:58am On Oct 09, 2015 |
feelamong: Na so |
Re: Treasury Bills In Nigeria by quertyquack: 1:10pm On Oct 09, 2015 |
I know of an investment house that has an investment vehicle paying 14%pa tax free. But you'll get your interest at the year end not before. Also, you cannot retrieve the cash at any time. I don't work for them but I invest with them. Is it okay to put up their name or is that some form of advertising? Cc Seun |
Re: Treasury Bills In Nigeria by ukay2: 4:46pm On Oct 09, 2015 |
[/color] feelamong:[color=#990000] feelamong: feelamong: please kindly clerify to me why you said THE YIELDS ARE CRASHING AS EXPECTED.....ALSO WHEN WILL THE YIELD START TO GO UP? THANKS 1 Like |
Re: Treasury Bills In Nigeria by Daddi: 6:13pm On Oct 09, 2015 |
feelamong:pls can you enlighten me on how to go or buy from the secondary market? |
Re: Treasury Bills In Nigeria by Daddi: 6:14pm On Oct 09, 2015 |
AleAirHub:pls how do the mutual fund work? |
Re: Treasury Bills In Nigeria by Etfash(m): 6:43pm On Oct 09, 2015 |
Daddi: The interest may be slightly less than that of TBills for similar period; Your interests accrue daily but not paid upfront; you can invest as low as 5k; you can redeem your investments after 30 days without any penalty. The above applies mainly to the Money market funds. There may be slight variations with other MF types. |
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