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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4625439 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 1stNumeroUno: 1:04pm On Aug 02, 2018 |
Hi Experts/Pros, I've been reading from page one and I need to confirm if what I'm assimilating is correct. Let say I've TB offer of 10% for 91days tenure from my bank (secondary market) and I'm doing N1m. Does it implies that I'll pay 900k at inception and I'll be given N1m TB certificate. At maturity (after 91days) I'll collect my 900k and go home with N20,250 as interest? |
Re: Treasury Bills In Nigeria by awesomeJ(m): 1:43pm On Aug 02, 2018 |
1stNumeroUno:Good thing you know your interest wouldn't be 100k. It would be 25,000 ( I don't know how you got 20,250 though) So at inception, this 25,000 is discounted from the face value of your investment. I.e 975k is debited. On maturity, you'd get 1m credited to your account. 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 2:03pm On Aug 02, 2018 |
1stNumeroUno: awesomeJ: I = PTR/36400 = (1,000,000 * 91 * 10) / 36400 = 25,000 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Ikmontana1: 3:10pm On Aug 02, 2018 |
Just2endowed2:pls wic is better.?? |
Re: Treasury Bills In Nigeria by Gilbertkwabena(m): 3:14pm On Aug 02, 2018 |
Hello am Gilbert by name, a half Nigerian and Ghanaian. Am into Haulage business( we carry natural resources) and presently I was awarded a contract with Ghana Manganese to haul/transport Manganese to Takoradi Port. I need an investor/partner to come on board so we can execute the contract together. My line is +233559801073(call or whatsapp). Any facilitator also will be compensated based on agreement. Thanks |
Re: Treasury Bills In Nigeria by Desanta(m): 3:55pm On Aug 02, 2018 |
umulobi: FBN 364 days bid was lost. They just refunded my account. |
Re: Treasury Bills In Nigeria by awesomeJ(m): 4:08pm On Aug 02, 2018 |
Gilbertkwabena:Things like these are why you need to establish lines of credit for your business. Talk to your banks. Credit cards, overdrafts are some of the quick offers you may get. I don't know how things are in Ghana, but you could also try microfinance institutions. There are some in Nigeria that'll give you up to NGN 4m within 24 hours. Reasons like these are also among why you should build good relationship with friends and family. They'd be more likely to come through for you than those of us here. If people still ask once a while how safe T-bills are, trusting a stranger with their funds may not be very likely. Have a successful contract execution sir. 13 Likes |
Re: Treasury Bills In Nigeria by awesomeJ(m): 4:11pm On Aug 02, 2018 |
Desanta:If I bidded for myself, I would have lost too, cos I would have done something in the 11.5-11.75 region. This DMO na wah. |
Re: Treasury Bills In Nigeria by Hamthablow(m): 7:36pm On Aug 02, 2018 |
aremso:No probs brotha |
Re: Treasury Bills In Nigeria by Nobody: 8:16pm On Aug 02, 2018 |
awesomeJ:This part got me ![]() |
Re: Treasury Bills In Nigeria by Jesusbabygirl(f): 8:52pm On Aug 02, 2018 |
Nnamz:Spot on! Ever considered a career in teaching? lol. 3 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 12:43am On Aug 03, 2018 |
CBN Rakes N363b from N600 OMO Bills Offered to Investors https://www.businesspost.ng/2018/08/03/cbn-rakes-n363b-from-n600-omo-bills-offered-to-investors/ |
Re: Treasury Bills In Nigeria by spenca: 7:19am On Aug 03, 2018 |
Ikmontana1: T-bill is more risk free |
Re: Treasury Bills In Nigeria by zamirikpo(m): 10:56am On Aug 03, 2018 |
Pls what are the rates for Wednesday's auctions. |
Re: Treasury Bills In Nigeria by awesomeJ(m): 1:43pm On Aug 03, 2018 |
zamirikpo:Excerpt from Nairametrics: The DMO consequently rolled over the total amount of maturing T-bills at slightly lower rates; -10bps and -19bs on the 182- and 364-day bills, while the 91-day bill remained unchanged from previous levels. The stop rates for the 91-, 182- and 364-day bills cleared at 10.00%, 10.40% and 11.30% respectively. |
Re: Treasury Bills In Nigeria by Oma255: 3:22pm On Aug 03, 2018 |
My tbills on Wednesday primary market auction with Stanbic Bank was 10% for 91 days. I’m not really happy with the rate but I can’t complain. ![]() |
Re: Treasury Bills In Nigeria by Nobody: 5:36pm On Aug 03, 2018 |
Greetings experts in d house. I'm a very new investor in tbills. I applied for 200, 000 for 91days Gtbank. Jus yesterday I saw a debit alert of 195,000. So what is d significance? Is it a good bargain? |
Re: Treasury Bills In Nigeria by Nobody: 5:45pm On Aug 03, 2018 |
Satoshi:thats 10% na . Abi |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:01pm On Aug 03, 2018 |
Satoshi:Pls u can used the money for small scale biz 5000 k for 3 months that 1600 permonths less than 60 naira daily |
Re: Treasury Bills In Nigeria by Nobody: 6:12pm On Aug 03, 2018 |
ahiboilandgas:He knew what he was doing when he invested his money in treasury bills ![]() 6 Likes 2 Shares |
Re: Treasury Bills In Nigeria by aremso(m): 6:17pm On Aug 03, 2018 |
awesomeJ: infact, for me CAPITAL NO NO, i can never do such biz...... TB i know, Stocks/shares iknow, fixed deposit iknow. Hullage who are u? 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:37pm On Aug 03, 2018 |
4601CE:not that he might not be very informed |
Re: Treasury Bills In Nigeria by Horlartunes: 7:05pm On Aug 03, 2018 |
Please when is the next tBills I went to GTB they tend I was informed is till upper week Wednesday help and two this my first time how do I make my first investment there am I to tell them the percentage I want Ni or how help thanks |
Re: Treasury Bills In Nigeria by ugonna1054(m): 6:56pm On Aug 04, 2018 |
Hello, Goodevening Bosses!!! Please does anyone know the recent range of Tbills rate for Diamond Bank?? Cos that's my Bank.. Is it adviseable to open a Stanbic account cos of relatively high Tbills rate (frm comments here)?? Let's say i inquire about Tbills rate in Diamond bank, orile branch for example, will the rates be the same in another diamond bank branch at that particular time?? I'd also appreciate a little light on FGN bonds, why is it better or not than Tbills, and how do one go about purchasing them?? Response ll be much appreciated.......Thank you!! |
Re: Treasury Bills In Nigeria by chukzyfcbb: 2:14am On Aug 06, 2018 |
Nnamz:I will advice you speak for yourself , it seems you are new to this thread otherwise you would know there are movers and shakers here. I know of some. so stick to what you know 1 Like |
Re: Treasury Bills In Nigeria by chukzyfcbb: 2:16am On Aug 06, 2018 |
zinaunreal:Just Compound your interest and add something to your account yearly, Rinse repeat for some years. In some years you will reach 50m or close to it. 3 Likes |
Re: Treasury Bills In Nigeria by chukzyfcbb: 2:20am On Aug 06, 2018 |
aremso:50m in stocks? lool that person must be worth 10times that in physical cash to mess around Nigerian stocks with 50million. Everybody now is laughing at 12% last year when ROI was almost 20%, una no remember stocks o. Stock is a high risk yielding asset, Playing with it with 50m is playing with fire, except you can stomach losing 50% of 50m in a twinkle of an eye. 2 Likes |
Re: Treasury Bills In Nigeria by teeking: 2:23am On Aug 06, 2018 |
Hello all! I'm a spirit member ![]()
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Re: Treasury Bills In Nigeria by dipoolowoo: 11:21am On Aug 06, 2018 |
Market Anticipates N452b Treasury Bills Maturing This Week https://www.businesspost.ng/2018/08/06/market-anticipates-n452b-treasury-bills-maturing-this-week/ |
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