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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4616667 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 zamirikpo(m): 10:50am On Aug 03, 2017 |
MssRose: My dear its always like this.....especially when ur mind starts playing tricks on u.......about how u may miss out ,one way or the other. I am still expecting from stanbic. 1 Like |
Re: Treasury Bills In Nigeria by Investnow2017: 11:33am On Aug 03, 2017 |
zamirikpo: Just be calm. It will come. It pains to miss out really. But that has not happened, though. First Bank Secondary Market Today 3rd Aug: 315days 18% 308days 18% 294days 18.40% 259days 18.10% 161days 18% Just in case Stanbic............ Although I don't see that happening. Take care |
Re: Treasury Bills In Nigeria by anitank(f): 11:34am On Aug 03, 2017 |
okochaik: But there is no guarantee you won't lose your money in your savings account if Nigeria divides. Go invest your money and stop worrying so much about things you have no control over 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by ihedioramma: 11:36am On Aug 03, 2017 |
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Re: Treasury Bills In Nigeria by Nobody: 11:51am On Aug 03, 2017 |
anitank: Thanks for the Advice. Please you know when one can place the next bid? |
Re: Treasury Bills In Nigeria by dotcomnamename: 12:50pm On Aug 03, 2017 |
okochaik: Nawa O! Nothing wey person no go see for this Nairaland. Some intended investors have turned this lovely thread into Comedy Villa.
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Re: Treasury Bills In Nigeria by AkDave1: 1:15pm On Aug 03, 2017 |
Very Funny. Though I also have same thoughts for some time... but like someone said, Don't worry over things you have no control over dotcomnamename: |
Re: Treasury Bills In Nigeria by abbeyboy2o15(m): 1:42pm On Aug 03, 2017 |
feelamong:pls what is the minimum rate to invest, and which bank or other place is the best now. |
Re: Treasury Bills In Nigeria by tobe4real(m): 1:52pm On Aug 03, 2017 |
2n2k:please what's the least amount of days one can invest in treasury bills?i fixed 8.2m for 60days and got 95k that was still taxed. |
Re: Treasury Bills In Nigeria by anitank(f): 1:53pm On Aug 03, 2017 |
authore=okochaik post=59107301] If you're going for the secondary market, you can walk in any bank preferably First Bank or stanbic and ask for their available tenures and rates. Fill the form and then wait to be debited. If you want to go for the primary market you have to stay updated on this thread to know when the next auction would be, then go before that date to your preferred bank and place your bid. |
Re: Treasury Bills In Nigeria by tobe4real(m): 1:57pm On Aug 03, 2017 |
So really 1m is the highest amount one can invest hmmm.... |
Re: Treasury Bills In Nigeria by Investnow2017: 1:57pm On Aug 03, 2017 |
tobe4real: At what discount? |
Re: Treasury Bills In Nigeria by tobe4real(m): 2:00pm On Aug 03, 2017 |
Investnow2017:10% |
Re: Treasury Bills In Nigeria by MOM1(m): 2:05pm On Aug 03, 2017 |
tobe4real: The minimum is 100k.. I will advise you split the fund for the TB and do different tenors because the amount you have right now is a lot. I am in the same dilemma right now. I split the fund and did different days though it primary market. I got the notification that one was successful and am still waiting on my relationship manager about the other one. This was done in First Bank. |
Re: Treasury Bills In Nigeria by Ugosample(m): 2:32pm On Aug 03, 2017 |
okochaik: This country is not disintegrating so no fear. If you want to invest, you invest |
Re: Treasury Bills In Nigeria by Nobody: 2:37pm On Aug 03, 2017 |
anitank:Thanks a lot dear, I guess I will watch out for the primary market. I am glad 1 Like |
Re: Treasury Bills In Nigeria by tobe4real(m): 2:40pm On Aug 03, 2017 |
MOM1:maximum nko?is it really 1m?and can one do 60-90days |
Re: Treasury Bills In Nigeria by elpiro: 2:45pm On Aug 03, 2017 |
tobe4real:maximum 30billion for the account.lol primary market--91 days minimum secondary market--subject to availability. 50 million gives you the right to decide your rate. 1 Like |
Re: Treasury Bills In Nigeria by tobe4real(m): 3:10pm On Aug 03, 2017 |
elpiro:ok thanks,someone on here said 1m is the maximum so i was wondering...please can someone on here show us how they calculate this things ![]() |
Re: Treasury Bills In Nigeria by MOM1(m): 3:15pm On Aug 03, 2017 |
tobe4real: You can go through previous posts. The calculation has been posted several times, but keep in mind. For TB, the longer the days the more money you make. |
Re: Treasury Bills In Nigeria by tobe4real(m): 3:34pm On Aug 03, 2017 |
MOM1:ok thanks....hmmm I just checked and saw it's 345 pages,I wonder when I'll be able to get done going through |
Re: Treasury Bills In Nigeria by Investnow2017: 3:47pm On Aug 03, 2017 |
House, there is a development I am envisaging going by the report I have just been given at my Branch of First Bank. The officer said that they have been hinted that they would stop Secondary Market in some of their branches. If that is true, I think the banks are making serious moves to discourage retail patronage of the Nigerian Treasury Bills. The same guy that opened his system and we both went through to get a competitive discount on my last T/Bills just last week is telling me now that he does not even have access to the portal any more. We have got to watch the space as I can see the banks already crying that their deposits are depleting due to retail patronage of the Nigerian T/Bills as individuals are moving funds away from their accounts to participate in the Tbills auctions. Please share your experience with the house so we can jointly monitor this disturbing development and know how to navigate it. |
Re: Treasury Bills In Nigeria by PhilJames: 4:01pm On Aug 03, 2017 |
tobe4real: 8.2M will get you 272,958 for 90 days.... Treasury bill is way better than Fixed deposit. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:19pm On Aug 03, 2017 |
Investnow2017: Where your branch? I doubt if the directive is from the head office. When I needed a loan and wanted to use my Treasury Bill as a collateral, my loan officer advised me to terminate my TB and convert the fund to fixed deposit. |
Re: Treasury Bills In Nigeria by tobe4real(m): 5:22pm On Aug 03, 2017 |
PhilJames:wow! |
Re: Treasury Bills In Nigeria by ugoelvis1(m): 5:56pm On Aug 03, 2017 |
Please with the recent policy changes, what amount limit makes one eligible for the TB primary market subscription. Also that qualifying for secondary market will be appreciated. What are there different rates primary/secondary? |
Re: Treasury Bills In Nigeria by Investnow2017: 7:01pm On Aug 03, 2017 |
zamirikpo: How far? Have you been debited now? At what rate and tenor ![]() |
Re: Treasury Bills In Nigeria by jp130(m): 7:09pm On Aug 03, 2017 |
no debit alert yet o frm sterling bnk, any bnk wit debit? |
Re: Treasury Bills In Nigeria by cooldudeng(m): 7:17pm On Aug 03, 2017 |
Stanbic just debited me! |
Re: Treasury Bills In Nigeria by tobe4real(m): 7:27pm On Aug 03, 2017 |
cooldudeng:can a good samaritan please help calculate 3.5m tb for 91days tenor? |
Re: Treasury Bills In Nigeria by inze(m): 7:33pm On Aug 03, 2017 |
tobe4real: You'll need to specify rate. Lets assume 17%, your interest should be 148k |
Re: Treasury Bills In Nigeria by tobe4real(m): 7:37pm On Aug 03, 2017 |
inze:ok thanks but I thought different tenors have different fixed rates |
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