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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4625498 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 Nnamz(m): 4:32am On Jul 30, 2018 |
I feel like eating bread and fish. Somebody please teach me how to fry fish |
Re: Treasury Bills In Nigeria by Nobody: 6:18am On Jul 30, 2018 |
What's FBN current interest rate for secondary market? ![]() Can someone Pls confirm for me? |
Re: Treasury Bills In Nigeria by Dreamflyin(m): 11:12am On Jul 30, 2018 |
H. |
Re: Treasury Bills In Nigeria by megafaraday(m): 2:06pm On Jul 30, 2018 |
Nnamz: If primary market, u av the option of rolling over when filling the mandate form. That is not available with secondary market as ur account is credited with ur principal upon maturity 1 Like |
Re: Treasury Bills In Nigeria by megafaraday(m): 2:08pm On Jul 30, 2018 |
Izuogu1: Kindly walk into the bank to confirm or put a call through to their customer care agent. Reason is an available tenure now can be unavailable the next minute 4 Likes |
Re: Treasury Bills In Nigeria by sillysassysally(f): 3:29pm On Jul 30, 2018 |
Hey guys, what do you all think of http://i-investng.com/ |
Re: Treasury Bills In Nigeria by Nobody: 3:30pm On Jul 30, 2018 |
megafaraday:ok..Thanks for your response. |
Re: Treasury Bills In Nigeria by troy20(m): 5:43pm On Jul 30, 2018 |
You guys are awesome. Have been silently following for a long time. Please pardon my ignorance. Can someone tell me the difference between the primary and secondary markets. And the different institutions that offer them please. Just want clarity. And again what's the difference between the government bond and Tbills. Can they be acquired same way? |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:19pm On Jul 30, 2018 |
T-Bills Yields Close at 11.95% as Money Market Rates Gain 2.63% https://www.businesspost.ng/2018/07/30/t-bills-yields-close-at-11-95-as-money-market-rates-gain-2-63/ |
Re: Treasury Bills In Nigeria by Nnamz(m): 4:36am On Jul 31, 2018 |
Secondary market is what everyone that comments or posts here does because they do not have up to 50 million Naira. Our individual banks pulls everyone's money and buys directly from the primary market, which requires 50 million Naira and above. Government bonds has options like 1, 3, 5, or 10 years (maybe more lol). How it works is that you lock up your money for say 3 years at say 18% per annum, and your interest is paid (I think) quarterly, so that 18% (eg if you invested 10,000,000 at 18%) would be divided by 4 and for the next 3 years you would be paid 1.8 million divided by 4 every three months. At the end of three years you get back your 10,000,000. Whereas Treasury bills has options like 91, 182, 36 days. Your interest is paid upfront. This means that 450,000 for example would be debited from your account but you receive 500,000 at maturity (the 50,000 was your upfront paid interest). troy20: 1 Like |
Re: Treasury Bills In Nigeria by Nnamz(m): 4:42am On Jul 31, 2018 |
And if you threw in fixed deposit to the equation, the one that Zenith Bank likes to convince their customers to go for (DON'T EVER FALL FOR THIS. IN FACT, AVOID ZENITH BANK WHEN IT COMES TO INVESTMENTS!!!!), fixed deposit will debit you the full amount, and credit you back , at maturity, that full amount PLUS the interest. So in summary, bonds take the full principal, spread the interest over the tenure, and pays back the full principal at maturity. Tbs gives you interest upfront, and credits you the full principal. Fixed deposit takes all the principal, credits you NOTHING until maturity when you get both the principal and interest all at once. Nnamz: 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 6:21am On Jul 31, 2018 |
Nnamz:WHY DO YOU THINK FOLKS HERE DONT HAVE MORE THAN 50M ON TBILLS? NEVER GENERALIZE YOUR PERSONAL POSITION. SPEAK FOR YOUR SELF. 9 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nnamz(m): 7:22am On Jul 31, 2018 |
Because people with 50 million Naira or more don't have time to be on nairaland. So I still stand by my position lol Barrytone: 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 7:35am On Jul 31, 2018 |
Nnamz: Hmmnm, you think dangote don't have time for refreshments and recreation? When you break even in life, your money do the running around while you run around golf course and monitor your diet so you live long. 6 Likes |
Re: Treasury Bills In Nigeria by zinaunreal(m): 7:59am On Jul 31, 2018 |
Lawd when will i make and see my 50m with my koro koro eyes |
Re: Treasury Bills In Nigeria by cybertek(m): 8:18am On Jul 31, 2018 |
Barrytone: Abi very funny post watin de nairaland, ppl wih billi sleep in clubs sef |
Re: Treasury Bills In Nigeria by Iammelvin(m): 8:31am On Jul 31, 2018 |
Good mornin..pls can someone help me with the current rate of TB for 360 days in stanbic bank? |
Re: Treasury Bills In Nigeria by stephen13(m): 10:05am On Jul 31, 2018 |
Iammelvin:Just did today 11.49 for 362 days |
Re: Treasury Bills In Nigeria by troy20(m): 10:58am On Jul 31, 2018 |
Nnamz:Thank you. In other words fixed deposit is same as government bond. And at 18% percent per annum. Is the rate that high? |
Re: Treasury Bills In Nigeria by freeman67: 11:24am On Jul 31, 2018 |
troy20: Fixed deposit is not same as Government Bonds.. It been severally adviced here that once you stumble on this thread, the best thing to do is to read from the beginning at least covering the first 20pages would give enough knowledge that you will not need to ask some certain questions.. Once you do otherwise and start asking based on what you read from the page you met it. People that have read through that place/knowledgeable enough may not be around to respond to you. Fixed deposit is a financial instrument provided by banks that give investors higher interest than the regular savings account. For fixed deposit the tenure is determined by the customer/investor. You tell the bank how many days you want to fix and once the rate is agreed there fixed in some banks another account is created and money moved there you will see but can't touch or withdraw while in other banks the said amount will be deducted till it matures before it is returned back. Fixed deposit interest is subject to 10% Tax charge The interest accrued on Fixed deposit is only gotten after the investment matures.... All these are not the same with both government bonds For more knowledge or info on bond read thread the thread below. https://www.dmo.gov.ng/fgn-bonds |
Re: Treasury Bills In Nigeria by feelamong(m): 11:24am On Jul 31, 2018 |
troy20: Fixed deposit is not the same as Government Bond. Fixed deposits are investment instruments in Banks.. Government bonds are debt instruments issued by the governments be it LG, State or Federal |
Re: Treasury Bills In Nigeria by troy20(m): 11:34am On Jul 31, 2018 |
freeman67:Thank you. I've always known they were different. Just that Namz confused me a bit with some explanation earlier And its not such a bad thing to want to know better. |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:34am On Jul 31, 2018 |
Market Anticipates N540b Maturing Bills Thursday https://www.businesspost.ng/2018/07/31/market-anticipates-n540b-maturing-bills-thursday/ |
Re: Treasury Bills In Nigeria by joseph1013: 12:23pm On Jul 31, 2018 |
Nnamz: |
Re: Treasury Bills In Nigeria by zamirikpo(m): 1:38pm On Jul 31, 2018 |
Re: Treasury Bills In Nigeria by Ikmontana1: 2:53pm On Jul 31, 2018 |
Hello guys,
pls wic is more risk free and better btw FGN BONDS and T.BILLS ..??
tanx |
Re: Treasury Bills In Nigeria by aremso(m): 3:23pm On Jul 31, 2018 |
zinaunreal: Laughing here! with right investment mind and God is on your side, 50m is very small for you to have legit and not govt of fraud money. now let me tell you why the person that said if one has 50m, one has nothing doing on nairaland might not be totally wrong. if i have 50m and put it in TB for 364 days @ 12% the return will be 6m fine now play the game on investment on NSE for those who can take the risk like me which have been enjoying, stake 50m in one stock like zenith bank @ #18 cos as the election draws near, stocks prices would be going down due to uncertainty and the believe is election will come and go and naija still remain one. so back to 50m on zenith @ 18 it will give u 2,777,000units after the election and zenith release their finacial result which of couse would be ok, the stock can go to #28 but lets take #25 so 25x2,777,000=69,425,000 now lest say zenith do a dividend of #2.30 x 2,777,000=6,387,100. All together, return on #50m for less than 5month is #25,812,100. summary TB 50M(364DAYS)@ 12%=6m Stock zenith bank less that 5month= #25,812,100 now capital plust gain= 75,812,100. ok pull it back to TB @12% for 364days when share prices would have gone down. return would be #9,097,452+ 75,812,100=#84,909,552 same stock @18 then u get 4,717,000units by #25= 117,925,000+10,849,100@ # 2.3k div totalling #128,774,100 for period of 2yrs. so one can generate addditional #78m just in 2 yrs. i choose zenith cos have been investing in the stock for a decade now and no cause for alarm though i do some other stockS like GTB 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 3:37pm On Jul 31, 2018 |
aremso:What if the price drops further like it was in the past. In TBills you must gain. Generally the higher the risk, the higher the profit / loss. I rather remain with a win win situation that is TBills. I come to mainland to unwind, so no amount of money might take me off for now except we have alternative platform where Nigerian speaks their minds. |
Re: Treasury Bills In Nigeria by Iammelvin(m): 3:48pm On Jul 31, 2018 |
stephen13: Primary market or secondary? |
Re: Treasury Bills In Nigeria by aremso(m): 3:56pm On Jul 31, 2018 |
Barrytone: i have been in this stocks stuff for over a decade and the worst was experienced in 07/08 in which i learnt my lession in a very hard way but i will not say cos there is plane crash i will not board aircraft again. Go and reseach it as aside the global economic melt down of 07/08 zenith stock has not gone below #10 and gtb has not gone below 14 pls u can take the pain to confirm. am a risk taker i know the time to enter and exit i pulled out 8.2m from stock into TB after 450k div and now those stock are going down. so know the entry time and exit time. I love the game as taught by my mentor warren buffet. am hoping to get 3m from stock as gain next yrs by God grace 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:59pm On Jul 31, 2018 |
aremso:u have to be careful cos interest rate moving up in America...no fdi into nse |
Re: Treasury Bills In Nigeria by aremso(m): 4:08pm On Jul 31, 2018 |
ahiboilandgas: aware of that one too 1 Like |
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