chloride6:


Money market fund?

Almost everything revolves around 12% right now
TBills and all the MMFunds.

4601CE:
Almost everything revolves around 12% right now
TBills and all the MMFunds.

Still beat oversubscribed t bills

Expect Single Digit T bills soon.

chloride6:


Still Sold 16% on Thursday

Youre a rich man .
Show me the way Oga mi

4601CE:
Youre a rich man .
Show me the way Oga mi

Who be Oga?

chloride6:


Still beat oversubscribed MMF

Expect Single Digit T bills soon.

If that happens.
It surely will affect the MMF too.
That’s what they do with the money,TBs, Bonds and all…

4601CE:
If that happens.
It surely will affect the MMF too.
That’s what they do with the money,TBs, Bonds and all…

And Comm papers too?

High yield comm papers.

chloride6:


Who be Oga?

Richest man in Babylon

chloride6:


And Comm papers too?

High yield comm papers.

I don’t have 5 million naira

4601CE:

Richest man in Babylon

Walai u dey high

chloride6:





Walai u dey high

You can say that again

4601CE:
You can say that again

But really i hate T bills

Money invested in T bills can fund a lot of infrastructural development.

Over 5 Trillion of PFA money is in T bills.

Can you imagine?

5 Trillion?

This is discounting several other massive pots of investment.

MMF beats T bills anyday. You know why?

Your portfolio managers have information you can NEVER have.

Enjoy

chloride6:


But really i hate T bills

Money invested in T bills can fund a lot of infrastructural development.

Over 5 Trillion of PFA money is in T bills.

Can you imagine?

5 Trillion?

This is discounting several other massive pots of investment.

MMF beats T bills anyday. You know why?

Your portfolio managers have information you can NEVER have.

Enjoy

I have some money in Stanbic mmf .
But they will deduct their management fee.
So, the interest is almost the same with TBills in the long run.
I hope you know that?

4601CE:
I have some money in Stanbic mmf .
But they will deduct their management fee.
So, the interest is almost the same with TBills in the long run.
I hope you know that?

Your portfolio managers have information you can NEVER have.

The average portfolio has a CFA, MBA and industry contacts.

You just have your phone

chloride6:


Your portfolio managers have information you can NEVER have.

The average portfolio has a CFA, MBA and industry contacts.

You just have your phone

I wasn’t responding to that part .I have no idea, Lol.
I was only talking about where you said mmf is better anytime. I assumed you were talking about the interest rates

Gavrelino123:

Yes......And this is the time to take the risk.

not just yet... Prices are falling but are still high..

Wait till after primaries at least...

chloride6:

But really i hate T bills
Money invested in T bills can fund a lot of infrastructural development.
Over 5 Trillion of PFA money is in T bills.
Can you imagine?
5 Trillion?
This is discounting several other massive pots of investment.
MMF beats T bills anyday. You know why?
Your portfolio managers have information you can NEVER have.
Enjoy

you clearly have no understanding of what treasury bills are.
Please go read more about it.

RealityShot:
you clearly have no understanding of what treasury bills are.

Please go read more about it.

I see?

I have no understanding what t bills are.

And you do?

CBN Sells N187b T-Bills in One Week as Lending Rate Falls
https://www.businesspost.ng/2018/08/19/cbn-sells-n187b-t-bills-in-one-week-as-lending-rate-falls/

ahiboilandgas:
the cbn got only few arsenal ,We want the polity to be heated with even sign of coups so the international hawks run away and leave us local champion to hit 15 cos we suffered devaluation in 2016 yet to recover....we both bad guy cbn and investors

.We must make money ..We don't pray for such things to happen..Na so everyone dey fear 2015 ..Hopefully there won't be war

Please house, if I bought TB for 1m at 13% and I didn't wait until maturity before selling in the secondary market at 11% .. would I make a profit from the low rate?
Considering I sold about 50 days to maturity for a dull tenor(364) days..

Secondly, who determines the price it is resold, I or the banks..can I also influence this?

sorry for much qtns this early Sunday morning..
I became interested on seeing the news of govt selling TB 2day and at falling rate of 11%..
Note: I have read some pages on this thread n learnt a little.. Thanks for understanding

Internetboy:
I invested on TB and was debited with the investment capital but yet to receive the upfront interest.

Has someone experience this kind of delay in receiving TB 's upfront interest rate. I invested via First Bank.

Any necessary input will be supportive.

Internetboy:



Okay make sense. Tnx for your input.

I have not been paid uptill this moment.

What's the possible cause.

Acidosis:


Tender is between Monday to Wednesday, issue and payment on Thursdays. You will be paid tomorrow.

I have not been paid up till this moment.

What is the possible cause for the delay.

chloride6:

I see?
I have no understanding what t bills are.
And you do?

you are clearly not a wise person. Good bye.

Chloride6 and realityshot, please kindly seize fire as its not the norm here. Thanks.

Barrytone:
Chloride6 and realityshot, please kindly seize fire as its not the norm here. Thanks.

lol.. Surely, you read my last message.
I ain't talking to that person no more.

Thanks though.

Please house, if I bought TB at 13% and I didn't wait until maturity before selling in the secondary market at 11% .. would I make a profit from the low rate?
Considering I sold about 50 days to maturity for a dull tenor(364) days..

To break it down, i would gain 13%* 1000000=N130,000 as interest..
On selling 50 days to end of tenor, that interest will be reduced by 130,000*50/364=N17,857.14..
Meaning I would be left with=N112,142.857(excluding transaction charges).
My qtn is, where does the extra interest come in by selling at 11% in the secondary market?
Thank you..
Other experts can assist me on this, thank you.

Internetboy:



I have not been paid up till this moment.

What is the possible cause for the delay.

Check your account balance. You might not receive alert. I used 1st bank too and noticed they paid on Friday when I got alert for a different transaction.

chimex38:
Please house, if I bought TB for 1m at 13% and I didn't wait until maturity before selling in the secondary market at 11% .. would I make a profit from the low rate?
Considering I sold about 50 days to maturity for a dull tenor(364) days..

Secondly, who determines the price it is resold, I or the banks..can I also influence this?

sorry for much qtns this early Sunday morning..
I became interested on seeing the news of govt selling TB 2day and at falling rate of 11%..
Note: I have read some pages on this thread n learnt a little.. Thanks for understanding

chimex38:
Please house, if I bought TB at 13% and I didn't wait until maturity before selling in the secondary market at 11% .. would I make a profit from the low rate?
Considering I sold about 50 days to maturity for a dull tenor(364) days..

To break it down, i would gain 13%* 1000000=N130,000 as interest..
On selling 50 days to end of tenor, that interest will be reduced by 130,000*50/364=N17,857.14..
Meaning I would be left with=N112,142.857(excluding transaction charges).
My qtn is, where does the extra interest come in by selling at 11% in the secondary market?
Thank you..
Other experts can assist me on this, thank you.

This deserves an award for the most confusing question ever
Bros , just buy the TBills if you want

mercifull:

Check your account balance. You might not receive alert. I used 1st bank too and noticed they paid on Friday when I got alert for a different transaction.

After your input, I noticed that they credited me without sending alert message.

Thank you, your comment helped me.

Hi guys I bank with GTB please how can I buy tBills with GTB cos I went there to write letters and nothing was done help

Good morning my sabi people,AKA gurus....
I invested on Tbills Feb 2018,for 91 days tenure.(primary market) it ended around may,den it was rolled over to this August.I sent a mail to first bank DAT I don't want it to be rolled over again,(am not in d state I did d tbills) dey replied I should go to any first bank branch n put in application to terminate it. Meanwhile it was on d eve evening of d tenure .(15/8/2018)so I went to d nearest branch d next day,unfortunately it has already been rolled over.16/8/2018
When I applied for it to be terminated, d in charge advice me to leave it ,because I will be charged high .so he collected my number DAT after scanning n is sending it to the branch and it been approve,he will tell me d amount I will be credited.
N.B.... I the money invested is 1.59M,so when he called d next day he said I will be credited with 1.48M.DAT 11k will be deducted ,just after 1 day,not even d interest, it from my main capital. I was shocked I ask him to hold on.
He said it was rolled over at 9.85%
Pls my question is ,is it for real,or he just said DAT to scared me.11k is too much na,I tot it will be around 2_5k.
Pls advice me on what to do. Am confused.
Am sorry for the long post