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Nairaland Forum / Nairaland / General / Business / CBN To Sell N252bn Treasury Bills Next Week (14603 Views)
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Re: CBN To Sell N252bn Treasury Bills Next Week by saifuhot: 11:16am On Jan 28, 2018 |
marshalldgreat:lol funny person |
Re: CBN To Sell N252bn Treasury Bills Next Week by calmG(m): 11:30am On Jan 28, 2018 |
[color=#990000][/color]If only Nigerians understand the secrets of how money,the economy and the government works...treasury bills is EVIL.the government is increasing our national debt sellling out treasury bills(ie creating IOUs).the evil thing is that its still the citizens that will still pay this debt and the interest on the debt...This is how people see treasury bills:A government borrowing from the masses promising to pay with interest...of course that is what it is...But time to pay what does the government do? They sign an outrageous check to Central Bank of Nigeria (CBN).(In this case they'll sign 252 billion naira check) FROM AN EMPTY account.Yes an EMPTY account...The CBN now issue this check to NSPM(Nigeria Security Printing and Minting Plc).that check is like a license to print money...That is how money is printed...when the government contiues this process over and over again it devalues our currency leading to inflation...why do you think prices of goods and sevices keep going up?This is the cause... NOTE:be ready for a hype in prices of goods in few months from now... 2 Likes |
Re: CBN To Sell N252bn Treasury Bills Next Week by PNomsule: 11:42am On Jan 28, 2018 |
calmG:my nigga!�� |
Re: CBN To Sell N252bn Treasury Bills Next Week by ogtavia(m): 12:01pm On Jan 28, 2018 |
pejuakinab:They are not sharing money....they are rather receiving loans from individuals to the tune of a total 252bn...FT will pay back with interest at stipulated times |
Re: CBN To Sell N252bn Treasury Bills Next Week by ogtavia(m): 12:02pm On Jan 28, 2018 |
ct2:what about the interest? |
Re: CBN To Sell N252bn Treasury Bills Next Week by ogtavia(m): 12:03pm On Jan 28, 2018 |
NwanyiAwkaetiti:Hi NwanyiAwkaetiti ...remember me? |
Re: CBN To Sell N252bn Treasury Bills Next Week by CyberWolf: 12:28pm On Jan 28, 2018 |
Mayflowa:only invest in quality coins. |
Re: CBN To Sell N252bn Treasury Bills Next Week by CyberWolf: 12:35pm On Jan 28, 2018 |
Sultannayef:Shut up |
Re: CBN To Sell N252bn Treasury Bills Next Week by Crafts(m): 12:47pm On Jan 28, 2018 |
Let me have your number. I'm interested |
Re: CBN To Sell N252bn Treasury Bills Next Week by pejuakinab: 12:54pm On Jan 28, 2018 |
ogtavia:Thanks, now its clear |
Re: CBN To Sell N252bn Treasury Bills Next Week by Neldrizzy(m): 12:55pm On Jan 28, 2018 |
. |
Re: CBN To Sell N252bn Treasury Bills Next Week by Neldrizzy(m): 12:57pm On Jan 28, 2018 |
NwanyiAwkaetiti:kindly drop your contact ASAP |
Re: CBN To Sell N252bn Treasury Bills Next Week by Mynightmare: 1:30pm On Jan 28, 2018 |
sarrki:is there anything juicy again in this co3 since ur messiah took over |
Re: CBN To Sell N252bn Treasury Bills Next Week by AroOkigbo(m): 1:44pm On Jan 28, 2018 |
CaptainJeffry:scan your application to your account officer. He/she will do the needful. 1 Like |
Re: CBN To Sell N252bn Treasury Bills Next Week by AroOkigbo(m): 1:53pm On Jan 28, 2018 |
lastmessenger:Wrong! At 14.16% per annum , #1m will give you an interest of #141, 600. The good thing about tbills is dat it's risk free and you get your interest upfront. |
Re: CBN To Sell N252bn Treasury Bills Next Week by AroOkigbo(m): 2:00pm On Jan 28, 2018 |
wink2015:The highest duration you can get for tbills is 1yr. The regular bond could be 5 or 10 yrs. ..or in some cases (rare)up to 20yrs (you need a min of #50.1m to buy unless from the secondary market). The total "interest" for tbills is paid upfront while for bonds you get it twice yearly (half of total after every 6 months). There's also the savings bond (min investment of 1k and max of 50m) that has duration of 2 or 3 yrs. ..your "interest" is paid after every quarter. Each of these come with it's interest rate |
Re: CBN To Sell N252bn Treasury Bills Next Week by AroOkigbo(m): 2:03pm On Jan 28, 2018 |
Honestagbons:In simple terms, the FG wants to buy up your free naira for an interest. 1 Like |
Re: CBN To Sell N252bn Treasury Bills Next Week by AroOkigbo(m): 2:13pm On Jan 28, 2018 |
ladyF:It's all about FREE money. Yes, that same free money dat you leave in the bank and get 3% interest. 1 Like |
Re: CBN To Sell N252bn Treasury Bills Next Week by spenca: 4:40pm On Jan 28, 2018 |
CaptainJeffry: Approach an investment house in Nigeria. |
Re: CBN To Sell N252bn Treasury Bills Next Week by spenca: 4:47pm On Jan 28, 2018 |
wink2015: They are both fixed income financial instrument issues mostly by the government. What majority differs TB from Bonds is the duration. TB is more of a money market instrument while Bonds are capital market instruments . 1 Like |
Re: CBN To Sell N252bn Treasury Bills Next Week by rastaLivity: 4:57pm On Jan 28, 2018 |
which one b treasure bill again, make them sell even the treasure reserve sef mtschewwwww |
Re: CBN To Sell N252bn Treasury Bills Next Week by Honestagbons(m): 6:52pm On Jan 28, 2018 |
AroOkigbo:okay thanks for d undunderstanding |
Re: CBN To Sell N252bn Treasury Bills Next Week by Nobody: 4:37pm On Jan 29, 2018 |
ogtavia:Yea...are you interested in the sublet? |
Re: CBN To Sell N252bn Treasury Bills Next Week by Nobody: 4:37pm On Jan 29, 2018 |
Neldrizzy:Send a pm plz if u are interested |
Re: CBN To Sell N252bn Treasury Bills Next Week by ogtavia(m): 4:38pm On Jan 29, 2018 |
NwanyiAwkaetiti:not really...just wanted to 'hail' you small.. |
Re: CBN To Sell N252bn Treasury Bills Next Week by Nobody: 4:40pm On Jan 29, 2018 |
ogtavia:Not really? Are u sure? |
Re: CBN To Sell N252bn Treasury Bills Next Week by Neldrizzy(m): 4:41pm On Jan 29, 2018 |
NwanyiAwkaetiti:check your mail |
Re: CBN To Sell N252bn Treasury Bills Next Week by Nobody: 4:53pm On Jan 29, 2018 |
Neldrizzy:Done |
Re: CBN To Sell N252bn Treasury Bills Next Week by ogtavia(m): 6:06pm On Jan 29, 2018 |
NwanyiAwkaetiti:yes I am....except you have strong observations.. |
Re: CBN To Sell N252bn Treasury Bills Next Week by Nobody: 8:05pm On Jan 29, 2018 |
ogtavia:Well Kubwa is cool |
Re: CBN To Sell N252bn Treasury Bills Next Week by ogtavia(m): 8:59pm On Jan 29, 2018 |
NwanyiAwkaetiti:yeah it is..out of curiosity,can you give me a little bit info about the property you want to "sublet"... |
Re: CBN To Sell N252bn Treasury Bills Next Week by Nobody: 6:59am On Jan 30, 2018 |
ogtavia:Out of curiosity alone? Well d couple need extra money for shii so they are putting up d master bedroom for rent. Heard the room is very big plus a big compound. They will share the kitchen. The couple are childless for now. |
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