NL1960:


This was why i asked if it is possible for Gtbank to have 300+ days next week if they loose this week 364 days. My thinking is that banks sell from their pool and if there was a failure of 364 days, will that not mean that they do not have any in their 364 days pool?.

My Oga,any tenor can be in Secondary market.....they may have,they may not....!!!
I too,i need 300+ tenor preferably..
Most of our account officers aren't sincere....!!
It's always better to confront them in person to make them give you what you want....!!!

pls bosses in d haus,
since it seem t-bills rates increased at d last auction..
I have some cash wit me presently, so is it best I wait till d next auction before investing, or I jus invest in d secondary market ??

Gavrelino123:

Thanks,i already did that,she told me she has only 195 days @ 11% available for secondary Markets.....I reciprocated that she swings into action with immediate effect....!!!
I would have preferred a day closest to 364 days....
Well,i just hope to be debited today by God's grace..!!
I'm tired of all these failed bid..!!!!!!!!!

I have to be intelligent here,
I will be the one loosing "Each day i delay",because the actual interest is calculated on a daily basis in the Accounting World juxtaposed with reality...!!

don't do 365 days cos rate will jump to 15 by January target this

ahiboilandgas:
don't do 365 days cos rate will jump to 15 by January target this

Hmmmm......I pray ooo....kindly give more analysis on this....15% is wow..!!
Let me just work with the bird at hand first with a reduced tenor..!!

Ikmontana1:
pls bosses in d haus,
since it seem t-bills rates increased at d last auction..
I have some cash wit me presently, so is it best I wait till d next auction before investing, or I jus invest in d secondary market ??

In my opinion,it's a slight increase........I think you will loose more waiting for 2 weeks..!!
Just get a shorter secondary market tenor and monitor the situation lucidly..!!!
Or are you will to tie your funds down for two weeks because of 1% increase...?
Do you think it's worth it..?

Gavrelino123:

In my opinion,it's a slight increase........I think you will loose more waiting for 2 weeks..!!
Just get a shorter secondary market tenor and monitor the situation lucidly..!!!
Or are you will to tie your funds down for two weeks because of 1% increase...?
Do you think it's worth it..?

hmm tanx boss..
will go for a short tenor sec market then ..

Gavrelino123:

Hmmmm......I pray ooo....kindly give more analysis on this....15% is wow..!!
Let me just work with the bird at hand first with a reduced tenor..!!

check the bond rate it tells the direction 14 ,with the depletion of reserve by investors moving out of nigeria it needs to be halt by the cbn ...only 15 to 18 rate can keep the fdi attracted to Nigeria

current t-bills rate as at 29/08/18 as posted on CBN website ..

91 days. -- 11%

182 days --- 12.3%

364 days --- 13%

Ikmontana1:
current t-bills rate as at 29/08/18 as posted on CBN website ..


91 days. -- 11%


182 days --- 12.3%


364 days --- 13%

Rate going high since investors are cashing out on stock

NL1960:


This was why i asked if it is possible for Gtbank to have 300+ days next week if they loose this week 364 days. My thinking is that banks sell from their pool and if there was a failure of 364 days, will that not mean that they do not have any in their 364 days pool?.

I just got debitted GTBANK.....11.6%@ 195 days..
At least it's manageable other than waiting for an unpredictable Bi-week.

Ikmontana1:
hmm tanx boss.. will go for a short tenor sec market then ..

You are welcome..

Ikmontana1:
current t-bills rate as at 29/08/18 as posted on CBN website ..


91 days. -- 11%


182 days --- 12.3%


364 days --- 13%

Zenith gave me 10.75% for 365days at the primary market, they must have succeeded in cheating me again. Though I asked the bank to use their bidding rate, because whenever I suggest my own rate, I never win the bid. Pls, did anybody purchase t-bills with zenith at primary market in the last auction?

Donbrig:


Zenith gave me 10.75% for 365days at the primary market, they must have succeeded in cheating me again. Though I asked the bank to use their bidding rate, because whenever I suggest my own rate, I never win the bid. Pls, did anybody purchase t-bills with zenith at primary market in the last auction?

Jeez
10.75% for 365 days
It should be 11. Something na . Abah
Or 12 sef.
Wetin I know

Donbrig:


Zenith gave me 10.75% for 365days at the primary market, they must have succeeded in cheating me again. Though I asked the bank to use their bidding rate, because whenever I suggest my own rate, I never win the bid. Pls, did anybody purchase t-bills with zenith at primary market in the last auction?

I purchased 182 days tenor with zenith and was given 10%..Pure daylight robbery..

meetchandus:


I purchased 182 days tenor with zenith and was given 10%..Pure daylight robbery..

Lol banks are for the profit...

Donbrig:


Zenith gave me 10.75% for 365days at the primary market, they must have succeeded in cheating me again. Though I asked the bank to use their bidding rate, because whenever I suggest my own rate, I never win the bid. Pls, did anybody purchase t-bills with zenith at primary market in the last auction?

hmmm... It's poor.
Well,it's not bad,let's thank God for everything.

And here I was almost crying for getting 11.5% for 182days. lemme manage my percentage

elpiro:
And here I was almost crying for getting 11.5% for 182days.
lemme manage my percentage

Which bank sir

NobodyKnows:
Which bank sir

Not bank sir,bid through investment-one

elpiro:

Not bank sir,bid through investment-one

Oh . Ok
I have only a stockbrocking account with them

The rate is gradually increasing, let us keep monitoring.

Please... I'd advice no one... And I repeat.. No one should use Zenith Bank... They gave me 10percent when other banks gave 10.53 there about.... It's their way

Those using other banks and crying for lesser rate, what did you guys expect?

If you’ve been following the page, you should know better by now.

If it’s not any of the banks below, forget it.
1st. STANBIC IBTC
2nd. FBN
3rd. GTB

Just my 2 kobo...

ahiboilandgas:
check the bond rate it tells the direction 14 ,with the depletion of reserve by investors moving out of nigeria it needs to be halt by the cbn ...only 15 to 18 rate can keep the fdi attracted to Nigeria

Why are the investors leaving , what did Nigeria do to them.
Elections are still far off would have said it's for fear of the electioneering era.

Pls educate us somebody.......in as much as i know that TB is backed by the full weight of the FG I would like to understand why investors are leaving to enable me evaluate the situation.

Pls house help a sis out I got a credit alert on my phone of 109,896.45 for 364day pls can someone tell me how the percentage was gotten @1,000,000

Moses247:
pls oooooooooo. how true is this?? I visted a branch of First bank yesterday for T.b and d lady in charge told me that d minimum amount they accept for T. b is 1m? how true? cos I wanted to invest only 550k but I couldn't proceed.

Yes, same thing was told to me by one of their staff, i am still saving to make up 1m.

Gavrelino123:

My Oga,any tenor can be in Secondary market.....they may have,they may not....!!!
I too,i need 300+ tenor preferably..
Most of our account officers aren't sincere....!!
It's always better to confront them in person to make them give you what you want....!!!

Please is longer tenure better than shorter tenure? Please you people should put me through i am learning.

zamirikpo:


Why are the investors leaving , what did Nigeria do to them.
Elections are still far off would have said it's for fear of the electioneering era.

Pls educate us somebody.......in as much as i know that TB is backed by the full weight of the FG I would like to understand why investors are leaving to enable me evaluate the situation.

the us have raised interests rate hence they are moving money back to buy up treasury bills there secondLy other emerging market like Kenya,ghana etc have better rate more than Nigeria and more stable democracy and election are far off ...if they get 17 in Kenya why come to Nigeria

ahiboilandgas:
the us have raised interests rate hence they are moving money back to buy up treasury bills there secondLy other emerging market like Kenya,ghana etc have better rate more than Nigeria and more stable democracy and election are far off ...if they get 17 in Kenya why come to Nigeria

Thank you sir.........so we in for better days in the TB market.

amiibaby:
Pls house help a sis out I got a credit alert on my phone of 109,896.45 for 364day pls can someone tell me how the percentage was gotten @1,000,000

likely 11% which is 110000 then the charges which left you with 109896.45. just ask for your certificate from the bank, then and there it will become clearer

Good morning people. Is it better to buy T-Bills in bits as the money comes or just allow the money to gather before buying in large quantity?

pxjosh:
Good morning people. Is it better to buy T-Bills in bits as the money comes or just allow the money to gather before buying in large quantity?

time value of money ,buy as soon as the money come ...