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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 ihedioramma: 9:58am On Jul 19, 2017 |
ositadima1:Freeman67 how true is this ? . |
Re: Treasury Bills In Nigeria by Investnow2017: 10:22am On Jul 19, 2017 |
Investnow2017: |
Re: Treasury Bills In Nigeria by Investnow2017: 10:24am On Jul 19, 2017 |
Please help. Who has ever computed when the interest is invested along with the principal? I had thought it was straightforward but i am feeling there might be more to it. Pls has anyone ever earned where interest was invested+principal? Help |
Re: Treasury Bills In Nigeria by Nobody: 10:42am On Jul 19, 2017 |
I just got 78days for 15%.. is this a good investment from firstbank?? Although i saw 18% for 176days which i could have gone for but i took in consideration of the maturity date that's why i settled for the former. Plus in i signing the treasury certificate given to me by the bank? Although i didnt get any credit or debit alert from the bank, but when i checked, the money has been deducted. |
Re: Treasury Bills In Nigeria by MOM1(m): 10:44am On Jul 19, 2017 |
Fm4real06: The longer the days the more money you get.. |
Re: Treasury Bills In Nigeria by freeman67: 11:40am On Jul 19, 2017 |
ihedioramma: Alikote: Wow... This is the real experience... 1 Like |
Re: Treasury Bills In Nigeria by mindtricks: 11:52am On Jul 19, 2017 |
Fm4real06: The rates appear ok. I guess it's primary you went for? |
Re: Treasury Bills In Nigeria by mindtricks: 11:59am On Jul 19, 2017 |
Investnow2017: Abeg, Feelamong and other gurus make una come put mouth for this. |
Re: Treasury Bills In Nigeria by bestidafa(m): 12:08pm On Jul 19, 2017 |
Fm4real06: Trust me it's a good investment. But may I know the range of investment for that interest rate. Is it from 500,000k |
Re: Treasury Bills In Nigeria by Nobody: 12:12pm On Jul 19, 2017 |
Please hw does a treasury bill certificate look like?? The one i got is nigerian treasury bills proof of investment and d name of the bank is written on it. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 12:15pm On Jul 19, 2017 |
bestidafa:Any amount from 100k. Treasury bills rate doesnt correlate with the investment amount. It is fixed deposit rate that may be determined by the amount you want to fix at a fixed rate. |
Re: Treasury Bills In Nigeria by Nobody: 12:20pm On Jul 19, 2017 |
Investnow2017:Check previous pages maybe 5pages before this current page... someone has done the calculation here.. 1 Like |
Re: Treasury Bills In Nigeria by Investnow2017: 12:37pm On Jul 19, 2017 |
Fm4real06: Lets assume a figure of 1m @18% for 182 days with a re-invested interest for 1,000,000 × 18% = 90,000 90,000 x 18% = 8,000 8,008 x 18% = 720 At the end of 6 months or 182 days will be: 90,000 + 8,008 + 720 = 98,728 Am i right? |
Re: Treasury Bills In Nigeria by crowntoro(f): 1:06pm On Jul 19, 2017 |
Fm4real06:how do you know the percentage that you got because I didn't know mine, just got debit alert and my upfront interest has not been paid When should I be expecting the interest because I was debited yesterday |
Re: Treasury Bills In Nigeria by beyolah: 1:16pm On Jul 19, 2017 |
crowntoro: What bank did you invest with? |
Re: Treasury Bills In Nigeria by Nobody: 1:23pm On Jul 19, 2017 |
crowntoro:Try to go back to the bank. If you invested in d primary market, u may not know the rate until the interest is paid. But, if u invested in secondary market, you should know the rate you are investing.. Gurus in the house im i right or wrong.. Deepwater Investnow2017 Freeman67 Tony56 1 Like |
Re: Treasury Bills In Nigeria by crowntoro(f): 1:37pm On Jul 19, 2017 |
beyolah:FBN, Festac branch |
Re: Treasury Bills In Nigeria by Nobody: 1:41pm On Jul 19, 2017 |
crowntoro:I also did mine with fbn too although another branch. I have just been debited but no credit alert for interest paid yet. So maybe u can check back in the bank to enquire why u havent received d interest upfront. Perhaps you didnt tick interest to be received upfront. |
Re: Treasury Bills In Nigeria by crowntoro(f): 2:07pm On Jul 19, 2017 |
Fm4real06:I hope i did oh because I need the money I Filled form on the 4th of July and I just got debiTed on Monday (17th) Was yours primary or secondary market |
Re: Treasury Bills In Nigeria by olujaidi: 2:34pm On Jul 19, 2017 |
Primary Market Auction Results 91D- 13.4250 182D- 17.3989 364D- 18.5490 1 Like |
Re: Treasury Bills In Nigeria by deepwater(f): 2:57pm On Jul 19, 2017 |
Fm4real06: you are correct, however, what the person got was just a debit alert more of a lien place on the account to hold the money pending a successful auction or otherwise. If the auction sails through, a debit advise would follow asap with all required details, otherwise, the money returns back. I did mine yesterday, cos i have not been around to submit earlier, i got 'debited' this morning, although no alert, i just checked my balance and saw that the money has been zapped This doesnt spell a succesful auction for me yet, till about friday, then i would know better fm4real06 i am not yet a guru 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 3:18pm On Jul 19, 2017 |
crowntoro:Lol.. dont be scared u will be paid ur interest. I have also gone to the bank to ask why i have been debited and my interest not yet paid to me. The banker said i should wait till after 4pm that i would get d interest. The one i did last week and today are secondary markets since there are no 83days and 78days in primary market auctions. We only have: 91days, 182days and 364days in primary market tenors. |
Re: Treasury Bills In Nigeria by Nobody: 3:56pm On Jul 19, 2017 |
I did my tb on the Primary market which was supposed to be auctioned on the 20th, which is tommorow with first bank. I got a notification today advising I got 18.3% for 364 days. It seems a bit low especially because it was done on the Primary market, also principal amount debited and no interest on the account. Is this normal? |
Re: Treasury Bills In Nigeria by crowntoro(f): 4:12pm On Jul 19, 2017 |
Fm4real06:I guess what they did for me was primary market because 182days was indicated in the debit alert that was sent |
Re: Treasury Bills In Nigeria by crowntoro(f): 4:16pm On Jul 19, 2017 |
junglep:interest was not indicated in my alert Pls and I did 182days and it hasn't even been paid l am confused oooo Guys, Pls enlighten me |
Re: Treasury Bills In Nigeria by Nobody: 5:45pm On Jul 19, 2017 |
crowntoro:Yes. I think so too. Just wait till 2mao, if u dont get credit alert for the unterest, then you can go to d bank to make enquiries. |
Re: Treasury Bills In Nigeria by Winneygirl(f): 6:36pm On Jul 19, 2017 |
junglep: Today was the auction day, not 20th. 18.3% is almost the best you will get. 18% and above is great for 364 days. I don't know what your expectation was. 30%?? |
Re: Treasury Bills In Nigeria by freeman67: 6:56pm On Jul 19, 2017 |
please house let us note that if investment is done through primary market.. Interest is paid after settlement. Settlement is mostly done on Thursday preceding the auction Wednesday. For those Using First Bank always be sure of the option you choose; try and remember if you ticked for you interest to be reinvest with your principal or not to avoid unnecessary anxiety.. For those complaining they do not know the rate given to them kindly go to your bank on Friday or mail them to send you your proof of investment. That way you will know the exact rate you are given and what is deducted ad commission by your bank. 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by jp130(m): 7:40pm On Jul 19, 2017 |
I wish all members will read dis particularly pple hu bid today's auction 1 Like |
Re: Treasury Bills In Nigeria by akinola98: 9:28pm On Jul 19, 2017 |
freeman67: This is very informative. Thanks �� |
Re: Treasury Bills In Nigeria by Investnow2017: 10:42pm On Jul 19, 2017 |
Winneygirl: I had said earlier that today 19th was the auction day but I WAS CORRECTED. Think its always good to check facts. |
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