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Treasury Bills In Nigeria - Investment (410) - Nairaland

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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 PhilJames: 12:54pm On Oct 09, 2017
Please guys, is it normal not to get the debit alert immediately after secondary market purchase from First Bank?

Got 269 @ 17% this morning but yet to get any debit
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:03pm On Oct 09, 2017
PhilJames:
Please guys, is it normal not to get the debit alert immediately after secondary market purchase from First Bank?

Got 269 @ 17% this morning but yet to get any debit

Your bid is not yet successful, until you are debited.
Re: Treasury Bills In Nigeria by PhilJames: 1:06pm On Oct 09, 2017
emmanuelewumi:

Your bid is not yet successful, until you are debited.
Thanks. So I will still be hopeful?
Re: Treasury Bills In Nigeria by tolajay: 1:10pm On Oct 09, 2017
Guys, can I still get Tbills from First Bank, now (today)?
Re: Treasury Bills In Nigeria by pkang: 1:26pm On Oct 09, 2017
One lady just dey here dey convince me to enter primary market for 180 days.

She no know say I sabi pass am. I go come early tomorrow do the secondary market option.
Re: Treasury Bills In Nigeria by Investnow2017: 1:44pm On Oct 09, 2017
tolajay:
Guys, can I still get Tbills from First Bank, now (today)?


Why not. It is a question of whether or not you will like the rates available.
Re: Treasury Bills In Nigeria by Investnow2017: 1:46pm On Oct 09, 2017
pkang:
One lady just dey here dey convince me to enter primary market for 180 days.

She no know say I sabi pass am. I go come early tomorrow do the secondary market option.

At current rates, unless you are bent on doing 364 days, rates at the Secondary Market will come juicier than there are in the Primary Market.
.

2 Likes

Re: Treasury Bills In Nigeria by Olamytea(m): 2:01pm On Oct 09, 2017
I just got a bid for 185 @ 15.5% at the secondary market with Stanbic. Waiting to get debited.
Re: Treasury Bills In Nigeria by tolajay: 2:02pm On Oct 09, 2017
Just got these rates from FBN at the secondary market:

227 Days - 15%
255 Days - 14.2%
269 Days - 17%


tolajay:
Guys, can I still get Tbills from First Bank, now (today)?
Re: Treasury Bills In Nigeria by anitank(f): 2:41pm On Oct 09, 2017
PhilJames:


I got the same from first bank this morning but have not being debited... Please were you debited immediately?


Please guys is this normal?
Yes I got debited immediately.

Gotten my interest alert too
Re: Treasury Bills In Nigeria by billtommy(m): 2:43pm On Oct 09, 2017
PhilJames:
Please guys, is it normal not to get the debit alert immediately after secondary market purchase from First Bank?

Got 269 @ 17% this morning but yet to get any debit

I got the same rate, I am yet to be debited.
Re: Treasury Bills In Nigeria by Reyus: 3:27pm On Oct 09, 2017
I wonder why some banks debit the entire tills value and plan to credit the customer at the end of the tenure with the tills value plus interest.

My people, is this normal for tbills secondary market?
Re: Treasury Bills In Nigeria by olujaidi: 3:32pm On Oct 09, 2017
Reyus:
I wonder why some banks debit the entire tills value and plan to credit the customer at the end of the tenure with the tills value plus interest.

My people, is this normal for tbills secondary market?

Perhaps you unwittingly chose to re-invest your interest.

1 Like

Re: Treasury Bills In Nigeria by nonnycn12: 3:34pm On Oct 09, 2017
Pls tb gurus. I'm in FBN nw.

Under marurity, wat is best advised to pick:

Roll over principal plus interst
Roll over principal only

Terminate investment.
Nid reply ASAP plsss
Re: Treasury Bills In Nigeria by dotcomnamename: 4:11pm On Oct 09, 2017
nonnycn12:
Pls tb gurus. I'm in FBN nw.

Under marurity, wat is best advised to pick:

Roll over principal plus interst
Roll over principal only

Terminate investment.
Nid reply ASAP plsss

If i were you i will add lot, i mean lot of money then go for the Pri + Int grin
Re: Treasury Bills In Nigeria by Cation(m): 4:17pm On Oct 09, 2017
FGN savings bond rate has dropped also

Re: Treasury Bills In Nigeria by PhilJames: 4:43pm On Oct 09, 2017
billtommy:


I got the same rate, I am yet to be debited.

Since 8am o. Yet to be debited.. FBN why na? Its like we have entered one chance.. Has anyone experienced such delay with FBN secondary market?
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:55pm On Oct 09, 2017
PhilJames:


Since 8am o. Yet to be debited.. FBN why na? Its like we have entered one chance.. Has anyone experienced such delay with FBN secondary market?
The problem is with officer in charge of Treasury Bills in the Branch
Re: Treasury Bills In Nigeria by PhilJames: 5:00pm On Oct 09, 2017
emmanuelewumi:

The problem is with officer in charge of Treasury Bills in the Branch

I was the first person she attended to. After everything she told me its done that I should go. No debit at all...

Now my fears are becoming real
Re: Treasury Bills In Nigeria by Nowayo4Real: 5:04pm On Oct 09, 2017
PhilJames:


Since 8am o. Yet to be debited.. FBN why na? Its like we have entered one chance.. Has anyone experienced such delay with FBN secondary market?

Same here Ooo
Up till now I have not been debited
Re: Treasury Bills In Nigeria by PhilJames: 5:12pm On Oct 09, 2017
Nowayo4Real:


Same here Ooo
Up till now I have not been debited
This is serious o. Another guy said he hasn't been debited as well. Only a Lady has confirmed debit and interest.

Village people don come o
Re: Treasury Bills In Nigeria by Nowayo4Real: 5:23pm On Oct 09, 2017
PhilJames:


Village people don come o
grin grin grin grin
Re: Treasury Bills In Nigeria by Olamytea(m): 5:29pm On Oct 09, 2017
I just got debited for a successful bid at the secondary market. Went with Stanbic 185 days @ 15.5%
Re: Treasury Bills In Nigeria by gentlemate00: 7:03pm On Oct 09, 2017
Got debited with 4th auction with stanbic

364 days 15.72%

I was debited next day
Re: Treasury Bills In Nigeria by godello: 10:55pm On Oct 09, 2017
if the calendar is anything to go by, i thought 19th oct is the next bidding day?
Re: Treasury Bills In Nigeria by judlice84: 2:28am On Oct 10, 2017
Gurus in the house,is it advisable to change dollars to naira and buy treasury bill or not....
Please,I need advice.
Thank you
Re: Treasury Bills In Nigeria by PeterKbaba: 2:44am On Oct 10, 2017
Very sad, but I had no choice but to invest my large sum into 241 tenor for 15.25%.

My Question Is:
Is 241 Days Tenor For 15.25% Okay?
Is this rate okay?
Re: Treasury Bills In Nigeria by Kemade2007(f): 8:26am On Oct 10, 2017
Please house, I'm at stanbic bank for TB secondary market. The officer in charge told me he needs to send a mail to confirm the tenor and rate on ground and more than 10mins now,they have not replied the mail. My question is
Is it normal procedure because I'm always on primary this is my first time of doing secondary market

Pls I need urgent reply.Thanks in advance
Re: Treasury Bills In Nigeria by birg84: 8:53am On Oct 10, 2017
Markets open at 10am. Could be the cause of the delay. Cheers
Re: Treasury Bills In Nigeria by Kemade2007(f): 8:58am On Oct 10, 2017
birg84:
Markets open at 10am. Could be the cause of the delay. Cheers

OK. Thanks
Re: Treasury Bills In Nigeria by Kemade2007(f): 9:02am On Oct 10, 2017
anitank:
Just left first bank now. Had to go very early because people are not smiling anymore grin

Although I wanted anything above 300 days but I got 269 @ 17% and grabbed it immediately.

Got debited and now waiting for my interest smiley

@brig84 someone shared this yesterday early in the morning before 10am
Re: Treasury Bills In Nigeria by Nowayo4Real: 9:57am On Oct 10, 2017
Olamytea:
I just got debited for a successful bid at the secondary market. Went with Stanbic 185 days @ 15.5%
Up till now I haven't been debited, though I did with FBN yesterday.

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