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Treasury Bills In Nigeria - Investment (541) - 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 Desanta(m): 8:26pm On Jul 16, 2018
eromosele1986:
I will like to ask the house if it's possible to opt out of Tbill, when the maturity date has not elapsed .

Yes it is possible to do so.
You may however forfeit part of your profit.

1 Like

Re: Treasury Bills In Nigeria by dipoolowoo: 1:09am On Jul 17, 2018
Buoyant System Liquidity Leaves Treasury Bills Market Bullish
https://www.businesspost.ng/2018/07/17/buoyant-system-liquidity-leaves-treasury-bills-market-bullish/
Re: Treasury Bills In Nigeria by jpphilips(m): 1:12am On Jul 17, 2018
madakiagwom:

Please what can you say about your experience with the i.Invest apps.
Are there any hidden charges?
Do you think their rates are okay as compared to other banks?
What do you think about the fact that your interest isn't paid up front.

Bad your interest isn't paid upfront but you can take out your capital anyday you wish.
Re: Treasury Bills In Nigeria by aremso(m): 10:21am On Jul 17, 2018
eromosele1986:
I will like to ask the house if it's possible to opt out of Tbill, when the maturity date has not elapsed .




very possible but you will pay fine inform of charges and as such, you will not get the totality of your money
Re: Treasury Bills In Nigeria by dipoolowoo: 12:53am On Jul 18, 2018
T-Bills Market Stays Bullish as Money Market Rates Drop on Reduced Funding Pressures
https://www.businesspost.ng/2018/07/18/t-bills-market-stays-bullish-as-money-market-rates-drop-on-reduced-funding-pressures/
Re: Treasury Bills In Nigeria by juicyinn: 8:17am On Jul 18, 2018
So my tbills with first Bank will mature tomorrow but I have not gotten the usual notification from them b4 the maturity. Hope it won't be renewed
Re: Treasury Bills In Nigeria by C4Ltd: 9:49am On Jul 18, 2018
juicyinn:
So my tbills with first Bank will mature tomorrow but I have not gotten the usual notification from them b4 the maturity. Hope it won't be renewed
their new thing, no more notifications. good thing you kept tabs on your maturity day. Just check your balance by tomorrow. my cash was idle in my account for weeks while I was waiting for the usual notification. lesson learned

1 Like

Re: Treasury Bills In Nigeria by oriflamebaby1(f): 9:56am On Jul 18, 2018
Please when is the next bidding day?
Re: Treasury Bills In Nigeria by Nnamz(m): 10:25am On Jul 18, 2018
Jeez can people just not be lazy and read previous threads and not ask questions like this. Or are we that lazy like our president said?

oriflamebaby1:
Please when is the next bidding day?
Re: Treasury Bills In Nigeria by freeman67: 10:26am On Jul 18, 2018
juicyinn:
So my tbills with first Bank will mature tomorrow but I have not gotten the usual notification from them b4 the maturity. Hope it won't be renewed

If you need the money tomorrow please make sure you contact them today to drop it. If it is primary market and you don't contact them they may roll it over. Terminating afterwards before maturity may cost you something...

1 Like 1 Share

Re: Treasury Bills In Nigeria by chukzyfcbb: 12:38pm On Jul 18, 2018
ernie4life:
House check out this commercial paper offer of 13% yeild net for 91days from Nigerian breweries, ends next week Tuesday.

Contact me if interested
cool
but I need maintain that Commercial paper is UNSECURED form of investment :-)

Just saying, cannot be compared to Tbills

1 Like

Re: Treasury Bills In Nigeria by zinaunreal(m): 8:16pm On Jul 18, 2018
yanjutomi:

I called they said there mininmum is 1 million

Please have you verified gtbs minimum for tbills?
Re: Treasury Bills In Nigeria by awesomeJ(m): 8:37pm On Jul 18, 2018
Today's stop rates from nairametrics: 91- 10% 182- 10.5% 364- 11.49%
They sold less than they offered. Bills were under subscribed.
https://nairametrics.com/july-18-treasury-bills-primary-auction-results/
Re: Treasury Bills In Nigeria by Nnamz(m): 8:50pm On Jul 18, 2018
100,000 is their minimum. I know this cause I do tbs with them

zinaunreal:


Please have you verified gtbs minimum for tbills?
Re: Treasury Bills In Nigeria by Zeiya(f): 9:36pm On Jul 18, 2018
awesomeJ:
Today's stop rates from nairametrics:
91- 10%
182- 10.5%
364- 11.49%

They sold less than they offered. Bills were under subscribed.

https://nairametrics.com/july-18-treasury-bills-primary-auction-results/

Thanks for the info
Re: Treasury Bills In Nigeria by Nobody: 10:50pm On Jul 18, 2018
Nnamz:
100,000 is their minimum. I know this cause I do tbs with them

yes, you’re right
Re: Treasury Bills In Nigeria by Nnamz(m): 11:15pm On Jul 18, 2018
Does your tbs request go through the same Wednesday or the following day? This would be my first ever Treasury bills
Re: Treasury Bills In Nigeria by zinaunreal(m): 11:24pm On Jul 18, 2018
Nnamz:
100,000 is their minimum. I know this cause I do tbs with them


Thanks for the info
Re: Treasury Bills In Nigeria by alezzy13: 3:16am On Jul 19, 2018
awesomeJ:
Today's stop rates from nairametrics:
91- 10%
182- 10.5%
364- 11.49%

They sold less than they offered. Bills were under subscribed.

https://nairametrics.com/july-18-treasury-bills-primary-auction-results/

Interesting. Can't recall NTBs under subscribed in recent times.

I guess investors are beginning to look to elsewhere. Rates have really not been encouraging past few months.
Re: Treasury Bills In Nigeria by alezzy13: 3:21am On Jul 19, 2018
.
Re: Treasury Bills In Nigeria by zamirikpo(m): 5:08am On Jul 19, 2018
awesomeJ:
Today's stop rates from nairametrics:
91- 10%
182- 10.5%
364- 11.49%

They sold less than they offered. Bills were under subscribed.

https://nairametrics.com/july-18-treasury-bills-primary-auction-results/
Come Ooh, what happened to the 0.01% in the 364 days tenure, CBN better put it back.
When am spiritually imagining 12% for 364 .

1 Like

Re: Treasury Bills In Nigeria by awesomeJ(m): 10:25am On Jul 19, 2018
zamirikpo:

Come Ooh, what happened to the 0.01% in the 364 days tenure, CBN better put it back.
When am spiritually imagining 12% for 364 .

Ordinarily, rates should have gone back to the 12-13% range by now.

It appears CBN&DMO really want it at sub 12% for now.

CBN have been selling OMOs at the 12-12.5% region though-for tenors above 200 days
Re: Treasury Bills In Nigeria by awesomeJ(m): 10:33am On Jul 19, 2018
alezzy13:


Interesting. Can't recall NTBs under subscribed in recent times.

I guess investors are beginning to look to elsewhere. Rates have really not been encouraging past few months.

Bonds were sold at 13.8% at the last auction in June.

Dangote Cement, Nigerian breweries, Coronation Merchant bank have all recently issued commercial papers at rates that beat T-bills.

This new woman at the DMO means business with lowering borrowing cost for the government.

1 Like

Re: Treasury Bills In Nigeria by FunmyKemmy(f): 2:58pm On Jul 19, 2018
A friend got 11% on 175 days today. How good?
Re: Treasury Bills In Nigeria by oriflamebaby1(f): 3:33pm On Jul 19, 2018
Nnamz:
Jeez can people just not be lazy and read previous threads and not ask questions like this. Or are we that lazy like our president said?

Please next time if you can’t help ignore. It’s quite appalling calling me lazy cos you don’t have an idea who you just called lazy. If I saw it I wouldn’t be asking but thanks anyway!

2 Likes

Re: Treasury Bills In Nigeria by handsomebolanle: 3:57pm On Jul 19, 2018
FunmyKemmy:
A friend got 11% on 175 days today. How good?

Good... It was 10.5 for 182days as at last week and zenith gave 10percent as at today... Very poor
Please why do the rates vary from one bank to another
Re: Treasury Bills In Nigeria by ladyflora(f): 4:16pm On Jul 19, 2018
handsomebolanle:


Good... It was 10.5 for 182days as at last week and zenith gave 10percent as at today... Very poor
Please why do the rates vary from one bank to another
.

10%for 98-days @UBA...
Pls how good....
It seems These TB is not paying again ooo.
Re: Treasury Bills In Nigeria by freeman67: 4:29pm On Jul 19, 2018
FunmyKemmy:
A friend got 11% on 175 days today. How good?

With yesterdays CBN stop rate.. Its very good..

1 Like

Re: Treasury Bills In Nigeria by Viqtour(m): 4:31pm On Jul 19, 2018
What are the recent rates and tenure of First Bank for secondary market
Re: Treasury Bills In Nigeria by Nnamz(m): 6:31pm On Jul 19, 2018
No offence. When I first took interest in Treasury bill, I read like the first 30 threads of this page, then skipped to like the last 15 threads. And it was very informative. What's more, it was also interesting so it's not like reading for an exam lol. So I didn't mean to call you lazy.

oriflamebaby1:

Please next time if you can’t help ignore. It’s quite appalling calling me lazy cos you don’t have an idea who you just called lazy. If I saw it I wouldn’t be asking but thanks anyway!

1 Like

Re: Treasury Bills In Nigeria by zamirikpo(m): 7:33pm On Jul 19, 2018
awesomeJ:


Ordinarily, rates should have gone back to the 12-13% range by now.

It appears CBN&DMO really want it at sub 12% for now.

CBN have been selling OMOs at the 12-12.5% region though-for tenors above 200 days

in essence my broda should we have any hope of getting to 12% any time soon.
Re: Treasury Bills In Nigeria by awesomeJ(m): 7:41pm On Jul 19, 2018
zamirikpo:


in essence my broda should we have any hope of getting to 12% any time soon.

Yes sir. Before end, Q3.

1 Like

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