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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4616672 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 NL1960: 10:11am On Aug 02, 2017 |
tunene66: Thanks. Events have overtaken this a a simple and straight formula has been provided by someone here. |
Re: Treasury Bills In Nigeria by tunene66: 10:47am On Aug 02, 2017 |
NL1960: OK |
Re: Treasury Bills In Nigeria by walexlo78: 11:04am On Aug 02, 2017 |
Hi TONY56, I totally understand, I am also not a novice in this game but only pass on comments once in a while. I play this TB game and really hard. To do the compounded interest game based in my own scenario is to have 1M + other fees/commissions in your account while you put compounded face value of 1.216M on your application form, by so doing after the debit, no fund will remain idle in your account. The benefit of this is for investor who does not want the upfront interest to remain in the account after the bid and strategically you already invest the upfront interest before you earn it. The scenario you gave is different and will work if you have extra fund to match the face value on the form which you won't be using till after the bid cycle. My explained scenario will make a lot of sense when you look at high investment, example of 20m. At 18%, that's 3.6 meaning with your scenario you need to have 23.6 in your account. With my own scenario, you need to have only N20M plus the fees in your account but the 23.6 on the form. To do this with your scenario, you will need to also have the 3.6 in your account. My scenario is what I have always done with GTB before like I mentioned in another post. I hope I make some sense. TONY56: 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:21pm On Aug 02, 2017 |
Hello house i want you guys to advice me on this that have been bothering me. I have wanted to invest in TB since this year but i have a kind of fear that made me start to contemplate. I am a type that likes to invest all in one and so like to be careful not to lose at the end. What bothers me is the Biafran Agitation issues and now my question is, if anyhow Biafra separates can the Nigerian government decide not to refund my money? This have really left me with thoughts of using the money to buy land. Please i need professional advice from the house Note: No tribalism here |
Re: Treasury Bills In Nigeria by Mascotlawman: 1:41pm On Aug 02, 2017 |
[quote author=Mascotlawman post=59057330]Please house, I have been using Gtb, but from everything I read here, I just want to know the percentage difference between FBN and Stanbic in the primary market. I wish to go for either of the two. Ur advice will really be helpful. God bless [/quote Somebody should please help a brother before I make any mistakes. Really want to try a different bank, as I have been using Gtb. |
Re: Treasury Bills In Nigeria by TONY56: 3:06pm On Aug 02, 2017 |
unite4real: To me, I don't need those computations BUT w.e are not equally gifted about mathematical calculations, hence the need to come down to some people's level and I bet you that so many on this forum appreciate this method that you refer to as "Computation to infinity" than your "Simple formula". More over, the "Computation to infinity" you're referring to was'nt initiated by me. I merely made an observed correction of it. Because you are good in Mathematics does not imply that others must be so good in it |
Re: Treasury Bills In Nigeria by TONY56: 3:16pm On Aug 02, 2017 |
walexlo78: Oh yes. Very well understood |
Re: Treasury Bills In Nigeria by TONY56: 3:20pm On Aug 02, 2017 |
okochaik: Me think that you MAY only lose if you go with Biafra in the scenario you painted since it would mean that it's Biafra that's leaving Nigeria and not Nigeria leaving Biafra. That's just my thought!!! |
Re: Treasury Bills In Nigeria by TONY56: 3:24pm On Aug 02, 2017 |
okochaik: Mind you, even foreigners can and do invest in Nigerian Treasury Bills. So I don't see your fears at all. Better invest and go to sleep. 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by TONY56: 4:08pm On Aug 02, 2017 |
okochaik: Do you know that you MAY be worse of if you invest it in buying land especially if it's not in your side of the divide? But if the land is bought in your village it may be better but the value may drop by as much as 80% if people don't have money to buy then whereas you can come back to Nigeria as a foreigner to get your money even if you leave with Biafra. 2 Likes |
Re: Treasury Bills In Nigeria by confluence: 4:33pm On Aug 02, 2017 |
Got 18% @ Firstbank for 162 days There is also 196 days for 17.5 |
Re: Treasury Bills In Nigeria by vitality22(m): 6:53pm On Aug 02, 2017 |
tunene66:I really would love to have the work sheet. I sent you a pm to that effect. Thanks |
Re: Treasury Bills In Nigeria by Desanta(m): 7:37pm On Aug 02, 2017 |
We wish to inform you that your bid for a Treasury Bill of xxxxxxxxx with reference number 110151002860 was successful. Full details below: Reference Number: 110151002860 Principal: xxxxxxxxxx Rate: 18.25% Tenor: 364 days Maturity Date: 2018-08-02 Thank you for choosing FirstBank. 1 Like |
Re: Treasury Bills In Nigeria by MOM1(m): 8:47pm On Aug 02, 2017 |
Desanta: Waiting on my email confirmation... 2 Likes |
Re: Treasury Bills In Nigeria by lotannam: 9:55pm On Aug 02, 2017 |
Please someone should kindly post the result of today primary market auction. |
Re: Treasury Bills In Nigeria by Nobody: 10:03pm On Aug 02, 2017 |
TONY56: Thanks for the reply bro, I am grateful |
Re: Treasury Bills In Nigeria by AkDave1: 11:36pm On Aug 02, 2017 |
Has anyone been debited by Stanbic Bank... I am beginning to think that my request was not treated, or how can one know the status of the request. Gurus please help out |
Re: Treasury Bills In Nigeria by mindtricks: 1:50am On Aug 03, 2017 |
AkDave1: Isnt that too early? |
Re: Treasury Bills In Nigeria by mindtricks: 3:56am On Aug 03, 2017 |
Mascotlawman: Bro, simple difference: First Bank- better Secondary market rates Stanbic - better Pry market rates, Though,both are generally preferred amongst all. |
Re: Treasury Bills In Nigeria by Gazelle22: 6:35am On Aug 03, 2017 |
That performance amounts to about 5% returns in low risk trading and 12.5% in high risk trading in just one day. That is FOREX Trading. Though over time, trading in online FOREX has been discredited due to the get-rich-quick approach of traders towards it which make them burn their fingers. Nevertheless, forex trading remains a valid means of diversifying risk of investment and ensuring decent returns. Why not? Presently, Treasury Bills returns maximum 22% backend and 18.5% upfront, a returns FOREX trading, using my system for instance, guarantees in about one week. In a quick rush, this post is derailing, but just before you pass a judgment, let me assure you that I am a great fan of Treasury Bills and heavily invested in it too through Firstbank and Investment-one Financial Services. I also have equity in FBNQUEST and Renmoney. Now, 90% of all my investible capital is in Treasury Bills, then, only about 10% is in FOREX Trading. Yet, the returns from the 10% invested in FOREX trading far outshines that of Treasury Bills related investments. However, the greatest challenge in FOREX trading is getting a good trading system. I am only dropping some decent financial or investment education. For further clarification, you may reach me on watsapp 07063995085 I am not a scammer, but a financial educator. Not a professional one, but one who constantly generate and share ideas from within. Thank you. 1 Like
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Re: Treasury Bills In Nigeria by olujaidi: 8:30am On Aug 03, 2017 |
Primary Market Auction Results 91d- 13.422 182d- 17.4 364d- 18.53 |
Re: Treasury Bills In Nigeria by AkDave1: 8:48am On Aug 03, 2017 |
Ok ooo. So when will the debit start mindtricks: |
Re: Treasury Bills In Nigeria by AkDave1: 8:49am On Aug 03, 2017 |
Wow.. Juicy. Have you been debited? olujaidi: |
Re: Treasury Bills In Nigeria by MssRose(f): 8:59am On Aug 03, 2017 |
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Re: Treasury Bills In Nigeria by MyPicsSaysItall: 9:03am On Aug 03, 2017 |
MssRose:lol ![]() Today is thursday. Be patient. You will definitely be debited |
Re: Treasury Bills In Nigeria by Investnow2017: 9:41am On Aug 03, 2017 |
MssRose: I thought today is THURSDAY ![]() ![]() ![]() ![]() ![]() 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 9:49am On Aug 03, 2017 |
MssRose: Are you based in New Zealand?. ![]() ![]() ![]() 2 Likes |
Re: Treasury Bills In Nigeria by mexite: 9:56am On Aug 03, 2017 |
Please when is the next auction bid for First Bank, I missed out on the yesterday's? |
Re: Treasury Bills In Nigeria by Investnow2017: 10:06am On Aug 03, 2017 |
olujaidi: And yet First bank gave me 18.25%. Well not bad as the yield is great - 22% |
Re: Treasury Bills In Nigeria by MssRose(f): 10:22am On Aug 03, 2017 |
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Re: Treasury Bills In Nigeria by MssRose(f): 10:29am On Aug 03, 2017 |
NL1960:Lol. don't mind me. this time seems too slow |
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