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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4619201 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 amjustme2: 11:02am On Oct 04, 2017 |
I am no economic analyst, but if this is true, then we could see a loaf of bread for N7,000. Inflation is coming, maybe worse than we have seen. Maybe your N100,000 Tbills principal could only buy 1 a pair of moderate shoe, by the time the tenor has elapse. Unless this recklessness cease immediately. The economic policies of the present administration is alarming, don't scream at me. I am entitled to my personal opinion. Feelamong the 'father' of this thread raised this alarm about a week ago of this development. Diversification is the key now. That's why many people, including me have embraced crypto, after devising a means to manage the risk, at least volatility is better than inflation. katamo: 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:36am On Oct 04, 2017 |
priscaver: Who are your stockbrokers? I use United capital, CSL stockbrokers and Investment One, you may need to change your broker or you transfer the fund in your stockbroking account to your bank account for Trreasury Bills investment. |
Re: Treasury Bills In Nigeria by abimbola01(m): 3:23pm On Oct 04, 2017 |
Auction Date 4/10/2017 4/10/2017 4/10/2017 Allotment / Issue Date 5/10/2017 5/10/2017 5/10/2017 Tenor (91-Day) (182-Day) (364-Day) Offer Amount (=N=) 28,693,915,000 33,490,874,000 68,184,887,000 Subscription (=N=) 12,369,538,000 49,920,435,000 465,731,963,000 Allotment (=N=) 11,769,538,000 12,229,639,000 106,370,499,000 Range of Bid Rates (%): 12.8950 – 16.9000 15.0000 – 17.3000 15.0000 – 18.8000 Stop Rates (%): 13.25 15.499 15.7253 |
Re: Treasury Bills In Nigeria by feelamong(m): 3:36pm On Oct 04, 2017 |
abimbola01: The One year rate is a JOKE... ![]() ![]() |
Re: Treasury Bills In Nigeria by freeman67: 3:36pm On Oct 04, 2017 |
priscaver: Its true that some brokers and even banks don't do TB less than 1M but others do. So the best thing for you to do if you still want to invest in TB is to ask your broker to transfer that money to your bank account. Since it seem you only have GTB and UBA, the money should be transferred into your GTB for you. Some UBA branches don't do less that 1M too so I do not know where yours belong but with GTB you can do invest in primary... Their secondary is not like FBN or even stanbic.. From my own experience getting secondary in GTB most times is based on luck. Good luck |
Re: Treasury Bills In Nigeria by Santino1(m): 3:37pm On Oct 04, 2017 |
Holy crap!!! At the rate the stop rate is going down, it'll soon discover oil. Time to start reassessing my investment options. 1 Like |
Re: Treasury Bills In Nigeria by MGeey(f): 3:38pm On Oct 04, 2017 |
Odunharry: Please explain in layman terms how money Market Account works. Thanks |
Re: Treasury Bills In Nigeria by Santino1(m): 3:40pm On Oct 04, 2017 |
feelamong: You self dey see am. I'll spend the weekend getting myself acquainted with your crypto thread. Expect some surge in traffic to that thread ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by NL1960: 3:41pm On Oct 04, 2017 |
feelamong: Before nko. Did you see the Offer, Subscription and Allotment amounts of 68,184,887,000, 465,731,963,000 and 106,370,499,000?. |
Re: Treasury Bills In Nigeria by Santino1(m): 3:46pm On Oct 04, 2017 |
NL1960: Yeah. Oversubscribed by almost seven times. That's some scary stuff. |
Re: Treasury Bills In Nigeria by ade101(m): 3:47pm On Oct 04, 2017 |
Hello, Please, when will I know if my TB request is successful. I applied with Stanbic yesterday, till now, the money is still in my account. |
Re: Treasury Bills In Nigeria by U1(m): 4:21pm On Oct 04, 2017 |
katamo: Nice point, sir. But no matter how bad it gets, TB will always be better than leaving your money in the bank insofar as you will get your money back. 1 Like |
Re: Treasury Bills In Nigeria by feelamong(m): 4:42pm On Oct 04, 2017 |
NL1960: |
Re: Treasury Bills In Nigeria by feelamong(m): 4:43pm On Oct 04, 2017 |
Santino1: would be waiting for you there... ![]() its a brand new world with massive possibilities! |
Re: Treasury Bills In Nigeria by feelamong(m): 4:44pm On Oct 04, 2017 |
Re: Treasury Bills In Nigeria by feelamong(m): 4:45pm On Oct 04, 2017 |
Santino1: where were you when we were buying 364 days Tbills at 9% some moons ago? ![]() 1 Like |
Re: Treasury Bills In Nigeria by zamirikpo(m): 5:00pm On Oct 04, 2017 |
@ 15% we are not still doing badly......unless it drops below 12%. my risk endurance ratio is very very low. I cannot fit to take risk with years of savings. 7yrs exactly. |
Re: Treasury Bills In Nigeria by unite4real: 5:04pm On Oct 04, 2017 |
feelamong: Its not a joke. Look at demand and supply. Well, just like feelamong stated, we have been there when rates were 9%. I have even bought far below 9% in the past. The reason i have always referred to the over 18% as happy times. Just swallow the pills, for happy times are over but may come again sometimes in the future. |
Re: Treasury Bills In Nigeria by Sophie888: 5:08pm On Oct 04, 2017 |
Please how do I know if it's successful? Wrote a letter to my bank yesterday and I was told the letter has been scanned to my account officer. Up till now the money is still in my account. Please enlighten me. |
Re: Treasury Bills In Nigeria by Santino1(m): 5:10pm On Oct 04, 2017 |
feelamong: unite4real: You guys are right. Seems party time is over. The FGN bond at 14.8% is starting to look like a good idea now. 1 Like |
Re: Treasury Bills In Nigeria by amjustme2: 5:34pm On Oct 04, 2017 |
Yea it sure does, excluding inflation. I think inflation is worse than low rate Santino1: |
Re: Treasury Bills In Nigeria by Nobody: 5:35pm On Oct 04, 2017 |
zamirikpo:it might drop to 10 ![]() |
Re: Treasury Bills In Nigeria by dipoolowoo: 5:57pm On Oct 04, 2017 |
DMO to Issue Between N270b & N330b Bonds in Q4 https://www.businesspost.ng/2017/10/04/dmo-issue-n270b-n330b-bonds-q4/ |
Re: Treasury Bills In Nigeria by katamo: 6:20pm On Oct 04, 2017 |
U1: Agreed. You will essentially be losing money if you leave it in a bank account as the interest you will get will be lower than the inflation rate. Here are a couple of ways for people in the group to brace for higher inflation: 1. Stay away from long-term fixed income investments - T-bills will be fine because rates will adjust upwards to account for inflation. 2. Real estate is usually the best asset to invest in in times of high inflation, and often sees its greatest price appreciation during such periods. 3. Invest in sectors of the stock market that benefit from inflation including energy/oil, food, building materials etc. 4. Invest in gold and other precious metals. Other in the group, feel free to add to this! 2 Likes |
Re: Treasury Bills In Nigeria by Mup4life: 6:26pm On Oct 04, 2017 |
katamo:How do one invest in gold and other precious metals? |
Re: Treasury Bills In Nigeria by katamo: 6:53pm On Oct 04, 2017 |
Mup4life: You can invest in exchange traded funds that invest directly in actual gold or gold stocks. Here is one that used to trade on Nigerian stock exchange from Absa, the South African bank, that buys actual. (Caveat: This is not a recommendation! Just meant to give you an idea of what gold ETFs do). http://etfcib.absa.co.za/Fund%20Documents/NewGold%2030062017.pdf One other option I forgot to mention is to convert your cash to other currencies and think about investing in non-naira denominated assets as inflation will result in the naira falling against other currencies. |
Re: Treasury Bills In Nigeria by Nobody: 6:56pm On Oct 04, 2017 |
Please I need some clarification, what is the implicatiom of stop rate. I have some money that I intend to put in TB. For 1 month now FCMB has not been able to get me 363 days tenor so I ask, is it a message ? I am presently embarking on a building project, should I go ahead and divert the money to the building project or invest in TB ? Which do you all tjink is more profitable decision. Cement is presently 2,550 what if the price comes down ? It will be painful if the price comes down and I had bought for housing project at this price. So essentially from the data available and analysis, would you advise me to invest the money in the project or rather invest in TB. |
Re: Treasury Bills In Nigeria by Nobody: 7:07pm On Oct 04, 2017 |
katamo:my friend that refuse to invest in tb and build a house for 50 m and place it for sale @ 70 m has not been able to sell for 2 year now even at 55 m no buyer ....during the boom he built houses for 35 m and sold some for 55 m 2 Likes
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:09pm On Oct 04, 2017 |
katamo: Building materials, you got it right. I have 3 Treasury Bill Investments that will mature on 19th October 2017, the funds will be invested in the forthcoming right issues of Lafarge WAPCO in the last quarter of this year. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:13pm On Oct 04, 2017 |
Alikote: Why is he selling? What is the current rental income generated by the property? Where is the location of the property? What type of property? Is it residential, commercial, shopping complex, hotel, event center or multi purpose? Are you sure your friend didn't over pay for the property? |
Re: Treasury Bills In Nigeria by Mup4life: 7:17pm On Oct 04, 2017 |
katamo:thnks |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:17pm On Oct 04, 2017 |
Santino1: The party is almost over, sub 10% is very possible by December 2017. Guys should strive for multiple streams of income and learn to keep their options open and flexible. |
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