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Treasury Bills In Nigeria - Investment (439) - 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 Lexit: 5:21pm On Dec 10, 2017
Hello house, when is the next TB auction?
Re: Treasury Bills In Nigeria by dipoolowoo: 5:25pm On Dec 10, 2017

2 Likes

Re: Treasury Bills In Nigeria by dipoolowoo: 5:30pm On Dec 10, 2017
Lexit:
Hello house, when is the next TB auction?

The last t-bills auction via the primary market was conducted on Nov 29, 2017. We still await the CBN to conduct sale of t-bills via OMO. I hope this information helps.

1 Like

Re: Treasury Bills In Nigeria by PETERiCHY(m): 6:44pm On Dec 10, 2017
dipoolowoo:
Investors Anticipate N138.6b Maturing Treasury Bills This Week
https://www.businesspost.ng/2017/12/10/investors-anticipate-n138-6b-maturing-treasury-bills-week/

Praise the LORD smiley
Re: Treasury Bills In Nigeria by dipoolowoo: 8:09pm On Dec 10, 2017
Pharmtj:
thanks. I want other legit means to invest in apart from tbils. any idea?

Investment Opportunities in FGN Savings Bonds
https://www.businesspost.ng/2017/12/10/investment-opportunities-fgn-savings-bonds/
Re: Treasury Bills In Nigeria by watzz: 11:09pm On Dec 10, 2017
watzz:
Morning to you all, nice work you've been doing so far. I currently hold an account with GT and am interesting in investing in Tbills however due to the nature of my job, am not chanced to visit the bank and make enquiries. Please I need a date for the next sales, when can I walk in to the bank to purchase and who do I meet exactly?

I intend investing 1.250m for 90days.


Too Bad no one want to help, Still pleading though for a way around. anyone? kindly put me through.
Re: Treasury Bills In Nigeria by cooldudeng(m): 8:07am On Dec 11, 2017
watzz:



Too Bad no one want to help, Still pleading though for a way around. anyone? kindly put me through.

I believe 30th of November was the last auction date for the year. Would advice you get from the secondary market through First bank

Cheers
Re: Treasury Bills In Nigeria by Winneygirl(f): 10:55am On Dec 11, 2017
watzz:



Too Bad no one want to help, Still pleading though for a way around. anyone? kindly put me through.

13th December is the next auction date.
Please go to the bank between today(monday) and tomorrow(tuesday) to place your request.

2 Likes

Re: Treasury Bills In Nigeria by amjustme2: 2:45pm On Dec 11, 2017
LOL. Its I agree 100%.

dotcomnamename:
[s][/s]

All RISK . No heart attack in Treasury Bills because it is safe and you will sleep well!

2 Likes

Re: Treasury Bills In Nigeria by dotcomnamename: 2:48pm On Dec 11, 2017
amjustme2:
LOL. Its I agree 100%.


People are really making money right now in crypto especially bitcoin, but when the kasala go burst, lot of hospitals will reject many people with strange high blood pressure grin. If investors can take the risk, good then.

2 Likes 1 Share

Re: Treasury Bills In Nigeria by MOM1(m): 3:42pm On Dec 11, 2017
dotcomnamename:


People are really making money right now in crypto especially bitcoin, but when the kasala go burst, lot of hospitals will reject many people with strange high blood pressure grin. If investors can take the risk, good then.

Lol..
Re: Treasury Bills In Nigeria by watzz: 6:03pm On Dec 11, 2017
Winneygirl:


13th December is the next auction date.
Please go to the bank between today(monday) and tomorrow(tuesday) to place your request.


thanks Winneygirl.. was at the bank today, told to write a letter, stating the tenure and amount which I did. said that's all, hope am on the right track?
Re: Treasury Bills In Nigeria by skydiver01: 5:24am On Dec 12, 2017
There will be no Primary Auction this December.. Maturing TBills in December 2017 will be redeemed in full.
---
DMO Redeems N198bn Treasury Bills in December

http://www.thisdaylive.com/index.php/2017/12/12/dmo-redeems-n198bn-treasury-bills-in-december/


dipoolowoo:


The last t-bills auction via the primary market was conducted on Nov 29, 2017. We still await the CBN to conduct sale of t-bills via OMO. I hope this information helps.
Re: Treasury Bills In Nigeria by adetumi: 7:03am On Dec 12, 2017
skydiver01:
There will be no Primary Auction this December.. Maturing TBills in December 2017 will redeemed in full.
---
DMO Redeems N198bn Treasury Bills in December

http://www.thisdaylive.com/index.php/2017/12/12/dmo-redeems-n198bn-treasury-bills-in-december/



This may not be true as TB is on this week and most likely next week. My fund has been deducted by my bank for that purpose anyway, just waiting for the bidding on Thursday.

2 Likes

Re: Treasury Bills In Nigeria by dipoolowoo: 10:09am On Dec 12, 2017
T-Bills Yields Drops to 15.54% as Overnight Rate Falls to 4.08%
https://www.businesspost.ng/2017/12/12/t-bills-yields-drops-15-54-overnight-rate-falls-4-08/
Re: Treasury Bills In Nigeria by MrHighSea: 11:04am On Dec 12, 2017
skydiver01:
There will be no Primary Auction this December.. Maturing TBills in December 2017 will redeemed in full.
---
DMO Redeems N198bn Treasury Bills in December

http://www.thisdaylive.com/index.php/2017/12/12/dmo-redeems-n198bn-treasury-bills-in-december/


Got a call from FBN that secondary market was not available for the time period I requeste. Just Got debited by FBN via Primary market.
Re: Treasury Bills In Nigeria by awesomeJ(m): 11:36am On Dec 12, 2017
It appears the DMO has actually pulled through with this refinancing plan they had. Papers maturing in December will most likely be outrightly paid off, rather than get rolled over. So I don't expect anymore t-bills auction this year.
If you've debited upfront expect a refund by Thursday, and if you're still waiting on an auction, then be ready to wait till 2018, or just shift plans to the secondary market where you may actually get better deals.

Many thanks, skydiver for the info.

2 Likes

Re: Treasury Bills In Nigeria by U2077(m): 12:10pm On Dec 12, 2017
Just left stanbic ibtc
Pray it sails through
Re: Treasury Bills In Nigeria by Investnow2017: 12:47pm On Dec 12, 2017
adetumi:


This may not be true as TB is on this week and most likely next week. My fund has been deducted by my bank for that purpose anyway, just waiting for the bidding on Thursday.

Wednesday
Re: Treasury Bills In Nigeria by dandollar1: 1:53pm On Dec 12, 2017
Dear All,

Please be informed that the Debt Management (DMO) has stated that the N198.032B Nigerian Treasury Bills which will mature in December 2017 will not be rolled over. 
 
Kindly type in  link below unto your browser to see full information.
https://www.thisdaylive.com/index.php/2017/12/12/dmo-redeems-n198bn-treasury-bills-in-december/
This information has led to an aggressive demand in the Treasury bills Secondary market thereby crashing the rates further.
 
At this time, being 12 noon Treasury bills in the Secondary  market are trading as follows:
 
91days - 7.40%
182 days -  7.00%
364days - 7.00%

Thank you.


This was the news I got from my bank this afternoon.
Will the rates rise again?
Re: Treasury Bills In Nigeria by yomi007k(m): 3:33pm On Dec 12, 2017
dandollar1:
Dear All,

Please be informed that the Debt Management (DMO) has stated that the N198.032B Nigerian Treasury Bills which will mature in December 2017 will not be rolled over. 
 
Kindly type in  link below unto your browser to see full information.
https://www.thisdaylive.com/index.php/2017/12/12/dmo-redeems-n198bn-treasury-bills-in-december/
This information has led to an aggressive demand in the Treasury bills Secondary market thereby crashing the rates further.
 
At this time, being 12 noon Treasury bills in the Secondary  market are trading as follows:
 
91days - 7.40%
182 days -  7.00%
364days - 7.00%

Thank you.


This was the news I got from my bank this afternoon.
Will the rates rise again?

Wats happening?
Re: Treasury Bills In Nigeria by dandollar1: 4:07pm On Dec 12, 2017
Dear All,
 
Following the instruction from the Debt Management Office (DMO) that the maturing NTBs of N198 billion for 14 and 21 December, 2017 be fully redeemed.
 
We hereby write to inform you that the NTB auctions of the 14 and 21 December,2017 will not hold.
 
However, the next NTB auction would  hold on 3rd January, 2018.
 
Thank you.
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:55pm On Dec 12, 2017
dandollar1:
Dear All,

Please be informed that the Debt Management (DMO) has stated that the N198.032B Nigerian Treasury Bills which will mature in December 2017 will not be rolled over. 
 
Kindly type in  link below unto your browser to see full information.
https://www.thisdaylive.com/index.php/2017/12/12/dmo-redeems-n198bn-treasury-bills-in-december/
This information has led to an aggressive demand in the Treasury bills Secondary market thereby crashing the rates further.
 
At this time, being 12 noon Treasury bills in the Secondary  market are trading as follows:
 
91days - 7.40%
182 days -  7.00%
364days - 7.00%

Thank you.


This was the news I got from my bank this afternoon.
Will the rates rise again?

You can't get the quoted dates from the secondary market.

Are you sure of the rate you posted.

Sub 10% may be the norm by the end of first quarter of 2018.
Re: Treasury Bills In Nigeria by dandollar1: 5:27pm On Dec 12, 2017
emmanuelewumi:


You can't get the quoted dates from the secondary market.

Are you sure of the rate you posted.

Sub 10% may be the norm by the end of first quarter of 2018.

Well, that was what my bank sent to me. Maybe time will tell.

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