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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 Investnow2017: 3:56pm On Aug 07, 2017 |
GodMercy2015: It depends on whether 30days tenor is available. Yes you can. 500, 000 x 18% / 365 x 30 = prorated interest. 1 Like |
Re: Treasury Bills In Nigeria by nonyjay(m): 3:58pm On Aug 07, 2017 |
Investnow2017: pls if I invest 1m for 90 days , what will the interest be? also which is better to deal: primary or secondary market? |
Re: Treasury Bills In Nigeria by henrinco(m): 4:24pm On Aug 07, 2017 |
Goodevening all I did 80 days... 2milion naira in First bank this morning. I was debited 2 milion. I am still waiting for my interest though. |
Re: Treasury Bills In Nigeria by punae: 4:25pm On Aug 07, 2017 |
UBA investors in the house please are you given certificate for proof of investment... And does the certificate contain the location of the branch where you invested |
Re: Treasury Bills In Nigeria by GodMercy2015: 6:04pm On Aug 07, 2017 |
Investnow2017:Oh I mean for 90 days, typo error. |
Re: Treasury Bills In Nigeria by wellsaid(m): 6:41pm On Aug 07, 2017 |
Good evening house. Please I don't know how significant this question am about to ask is but I am going to ask any way. What advantages do trading the secondary market have over the primary market and vice versa. I assume trading the secondary market is more convenient compared with trading the primary even though u sometimes get lower rates. Apart from the interest rate which other factor(s) would make waiting for the primary auction be a better decision than simply patronizing TBills in the secondary market? I will appreciate it is anyone can please enlighten me. Thank u. |
Re: Treasury Bills In Nigeria by vitality22(m): 7:02pm On Aug 07, 2017 |
wellsaid:Bros, I honestly think you will do yourself a lot of good if you take tme to read fRom previous pages. These things have been discussed over and over, again and again. My candid advice though. |
Re: Treasury Bills In Nigeria by wellsaid(m): 7:22pm On Aug 07, 2017 |
vitality22: I have done that, can't just recall what I read about it. Lot of pages with loads of info. Please I just need someone to help by highlighting the points |
Re: Treasury Bills In Nigeria by doreesy4k(f): 9:50pm On Aug 07, 2017 |
]Pls when is the next primary bidding |
Re: Treasury Bills In Nigeria by kondoAlata: 11:50pm On Aug 07, 2017 |
Investnow2017: V.good performance I must say |
Re: Treasury Bills In Nigeria by skydiver01: 7:04am On Aug 08, 2017 |
wellsaid: See below: 4 Likes 1 Share
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Re: Treasury Bills In Nigeria by RealityShot: 8:27am On Aug 08, 2017 |
wellsaid:you have all the facts RIGHT. what you need is confidence in the system. pri or sec is same thing. if you have the money now and next primary is in 2 weeks .. Go for Secondary if you see a rate close enough to your target rate. primary market is slow and requires waiting to know the resultant rate. But secondary market is instant and rate is known BEFORE you invest. except u want a full 364Dy tenor SEC is best for beginners 1 Like |
Re: Treasury Bills In Nigeria by wellsaid(m): 8:33am On Aug 08, 2017 |
skydiver01: @skydiver1: divine help shall always locate whenever u need one IJN. Thank u soo much for this. |
Re: Treasury Bills In Nigeria by wellsaid(m): 8:53am On Aug 08, 2017 |
RealityShot: Thank u so much and God bless you for the clarification and advice. 1 Like |
Re: Treasury Bills In Nigeria by Investnow2017: 9:32am On Aug 08, 2017 |
kondoAlata: Can you share some details please. Thanks |
Re: Treasury Bills In Nigeria by Nobody: 10:34am On Aug 08, 2017 |
Please house, does anyone knows the available tenors and rates for first bank today? |
Re: Treasury Bills In Nigeria by tolajay: 11:13am On Aug 08, 2017 |
With the increased awareness and activities on treasury bills, does it seem like there'll be new rules or interest benchmark? adegokekemi: |
Re: Treasury Bills In Nigeria by PhilJames: 3:06pm On Aug 08, 2017 |
Hello guys, I was told by a GTB staff that I cannot reinvest my interest accrued from 600k bid for 182 day. Stating that the interest is less than 100k Please how true is this? Should I visit another bank? |
Re: Treasury Bills In Nigeria by Nobody: 5:01pm On Aug 08, 2017 |
Investnow2017: 18% of 1,000,000 is 180,000 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Partnerbiz2: 6:04pm On Aug 08, 2017 |
sonnie10: How sound is this please Feelamong et al? 2 Likes |
Re: Treasury Bills In Nigeria by wellsaid(m): 6:23pm On Aug 08, 2017 |
Partnerbiz2: Well compounding N45m @ an average of 18% interest rate over 12 years becomes N283m after the 12th year 1 Like |
Re: Treasury Bills In Nigeria by olujaidi: 6:31pm On Aug 08, 2017 |
1 Like |
Re: Treasury Bills In Nigeria by sonnie10: 7:00pm On Aug 08, 2017 |
wellsaid: Thanks dear. Some people are just naturally dumb. |
Re: Treasury Bills In Nigeria by PhilJames: 7:02pm On Aug 08, 2017 |
PhilJames: Please guys reply |
Re: Treasury Bills In Nigeria by Nobody: 7:13pm On Aug 08, 2017 |
olujaidi: noted sire! Not as sweet as I imagined. lol |
Re: Treasury Bills In Nigeria by didfy: 8:31pm On Aug 08, 2017 |
PhilJames: You can do yourself good by taking just 3hrs of your time tomorrow by walking into all the banks (very few in Nigeria) for that info because it worth it moreover is an investment. |
Re: Treasury Bills In Nigeria by TONY56: 9:32pm On Aug 08, 2017 |
PhilJames: Why not? Especially when there are better and more profitable Banks than GTB when it comes to Treasury Bills. First Bank I think should be your next port of call because they allow compounding interest and their rates are ALWAYS better than GTB which I consider to be "Stingy" |
Re: Treasury Bills In Nigeria by PhilJames: 11:01pm On Aug 08, 2017 |
TONY56:Thank you Tony. Will check First bank tomorrow |
Re: Treasury Bills In Nigeria by Partnerbiz2: 11:26pm On Aug 08, 2017 |
wellsaid: How did you get this please? |
Re: Treasury Bills In Nigeria by chukzyfcbb: 1:18am On Aug 09, 2017 |
okochaik:the only thing holding you back is FEAR. During the Last election period, I spoke with zenith bank account manager if she thinks Tbills was safe to fly then. With the tension filled in the country then, I was scared of a possible breakup that could affect the investment. Because of that I accepted the miserly rate zenith bank offered after she talked me out of Tbills. PS; One of the worst banks to do Fixed deposit is with Zenith bank. My God, they are damn stingy with their rates. i think 90days then was bout 4-5% p.a Now election passed and nothing happened, and I lost on earning more if I had gone with treasury bills instead. So forget about Biafra and Invest your money. The agitation isn't even as scary as the Last concluded president campaigns in 2015, so fire on! |
Re: Treasury Bills In Nigeria by sonnie10: 1:35am On Aug 09, 2017 |
Partnerbiz2: Haven't you heard of compound interest before? 1 Like |
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