GeneralOjukwu:


Mr Megawax , hanne and dotun365....greatly appreciate your financial advice. By His Grace, would see what 2018 would hold as per Treasury Bills...

ogobaby23:
How does this work?

megawax8:


You're welcome.

*also read the modified part in the text you quoted*

GeneralOjukwu:


WOW!. I greatly appreciate this Megawax. Just checked the modification. One can apply for treasury bills through a bank, right?

If it's as high as 18.7%...that's great! Would definitely invest soon. Must one buy January or you can buy at any time in the year?

whitebeard:
Ethiopia..Is there any war in Ethiopia.

sanerugwei:


You can buy at any time from the secondary market offerings from any of the banks. The banks with the best rates so far are IBTC, 1st Bank and then GTB hovers around 18.1% per annum.

For primary market it is done bi-weekly, no need to wait unless you have 50M and above to directly invest in primary auction.
Otherwise walk into any of the banks and ask for secondary auction for FG/CBN treasury bills.
Note: The higher the tenure the better the returns, plus you can liquidate at any time too.

JohnieWalker12:


It's not all the time troops move via land. They get airborne as well.

hannne:
. You invest as low as 5000 through a stockbroker and your interest is paid quarterly. although the interest stated is yearly figure. your interest will be prorated for the first 3month. E.g. you invest N100,000 and the interest rate is 13.189%. it means in a year, your total interest will be N13,189. so for the first quarter,federal govt will pay you.N13,189/4 is N3297.25. Thats how it works but you can only access them through a licensed stockbroker. Contact us Cowry asset Management Limited.

hannne:
. Yup. What do you want to find out. I work with Cowry Asset Management Limited.

GeneralOjukwu:



Thanks so much for this. Been interested in such for a while. God bless.

Are treasury bills not more lucrative? Someone told me you get 17% per annum. PLEASE clarify

You mentioned fixed deposits in the comment below....which is best?

Max i can drop is 3 million...minimum 1 million

hannne:

You can access the bond by contacting a stockbroker licensed by DMO. Cowry asset management Limited is one of the stockbrokers for this

judecares1:

Tanks boss but can someone access 4m Nigeria stock exchange?Do u mean 4m worth of treasury bills through the stock exchange. YES

Misterpaul:

Government bond is the most secured investment you can think of, Zero risk! Since Govt can never stop operating. Your money is sure.

BoboKush:

Once the bonus is ntn to write abt what the point.... 1-3years and u only get token as bonus. .. or what the % if I may ask

hannne:
. Yup. What do you want to find out. I work with Cowry Asset Management Limited.

FakoMaybach1:


Please forward me your mail lets communicate further, abeg




-Maybach $$

hannne:
. Yup. What do you want to find out. I work with Cowry Asset Management Limited.

spartacus11:
i want to buy, can you contact me for details

hannne:
What is your email address. or you can contact me on hagbai@cowryasset.com

hannne:
What is your email address. or you can contact me on hagbai@cowryasset.com

sanerugwei:


So 14% to 18.5% for FGN Savings bond to CBN NTB at near zero risks is nothing to you? These rates are reflective of the current inflationary rates and its really not good for the economy and most importantly the citizenry, to have doube digit inflation rates.

This one no be MMM o... Let me come and be going...