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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4615726 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 Gavrelino123: 10:07am On Sep 02, 2018 |
moneywoman74:It all depends on when you need your funds back.. It's all about planning...!!! Invest in a tenor that you are sure you won't liquiate your funds abruptly. Example,if you are planning to use your funds this coming January 2019 on a project,you should invest in @ 90days tenor. You see,it's all about planning and timing.. I prefer longer tenor(364 days) because I'm always sure i have no use for the invested funds. 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:16am On Sep 02, 2018 |
Gavrelino123:when u buy longer tenure at high rate and rate drop u can sell for profit 1 Like |
Re: Treasury Bills In Nigeria by aremso(m): 10:39am On Sep 02, 2018 |
ahiboilandgas: Still don't understand how this works |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:19am On Sep 02, 2018 |
aremso:if u buy at 15 then rate drop to 10 and u choose to sell before maturity u will make profit ,but if u buy at 10 and rate jump to 15 and u choose to liquidate u loose money 1 Like |
Re: Treasury Bills In Nigeria by irookie(m): 11:38am On Sep 02, 2018 |
Moses247: Yes you can to your bank for secondary market tomorrow (Monday 3rd). Ask the customer care officer that you want to invest in TB and will guide you accordingly. Its that simple. Feel free to ask any other specific question, we are here for you. Hope this helps 3 Likes |
Re: Treasury Bills In Nigeria by NobodyKnows(m): 12:00pm On Sep 02, 2018 |
Moses247:Who said anything like being right ![]() I said those staff are liars . and I showed a screenshot of a response I got when I sent them a mail about it sometime ago and they said it’s 100k. Next second you jumped on me and started asking me is change not constant anymore because I got the mail in June ![]() Now you’re talking about how someone attested to it . I bet you only selected what you wanted to hear cos I don’t know why you decided to ignore this person that responded to your question almost immediately lancee:But you decided to pick that person that said she was told the same thing . Who am I to tell you what to do with your money . Go do whatever you want boss man. |
Re: Treasury Bills In Nigeria by Gavrelino123: 12:04pm On Sep 02, 2018 |
ahiboilandgas:Kindly forget that method..!!! It's never advisable..☄☄ It's not worth it... What about the liquidation charges..? At the end,you will find out that you gained little or nothing after the whole stress.... The bank will be on an eagle-watch☄☄ and can decide to rip you off...!!!!, 1 Like |
Re: Treasury Bills In Nigeria by Moses247(m): 12:34pm On Sep 02, 2018 |
irookie:thanksssssss |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:36pm On Sep 02, 2018 |
Gavrelino123:nope it been traded daily on the index that where investment house and banks make the main money |
Re: Treasury Bills In Nigeria by Gavrelino123: 12:43pm On Sep 02, 2018 |
ahiboilandgas:We are talking about individual suscribers,not banks or investment houses.....!! You will gain little or nothing liquidating your T.B as an individual suscriber..☄☄ You will always be at the mercy of the bank if you try liquidating your TB prematurely. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:52pm On Sep 02, 2018 |
Gavrelino123:u seem faaaaar from understanding the game......when rate went from 18.5 to 11 cool money was made that a difference of 7.5 percent... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:53pm On Sep 02, 2018 |
The billions from secondary markets where do u think it coming from?hmm 1 Like |
Re: Treasury Bills In Nigeria by Gavrelino123: 1:09pm On Sep 02, 2018 |
ahiboilandgas:Lol..,our financial institutions will rip you off based on your gains...!!! I understand you lucidly...... You should also understand that the people who are privileged to gain from this full are banks and investment houses......!!!! As a customer who wants to liquidate his/her TB,the banks will tell you the rates they can buy from you,resale at the Secondary markets to an impending customer... |
Re: Treasury Bills In Nigeria by aremso(m): 1:11pm On Sep 02, 2018 |
ahiboilandgas: Many Thanks BOSS |
Re: Treasury Bills In Nigeria by RealityShot: 2:26pm On Sep 02, 2018 |
Rates jump to 14.99% on Wednesday and Sunday, the thread is on fire! Election madness everywhere! Imagine foreign reserves loosing several billions of dollars in just 3 months! That our finance minister needs to go and join Davido at NYSC camp O! Economy shaking mad! Guess it's time to pull out from mutual fund and position for next T-bills offer, right? |
Re: Treasury Bills In Nigeria by Kaysalas(m): 2:42pm On Sep 02, 2018 |
Chiscomax:Hi, saw ur request for investoo videos, i can give you all those vids and more (over 7 gig) if you want, for a token, affirm if you want or decline asap |
Re: Treasury Bills In Nigeria by Nobody: 2:59pm On Sep 02, 2018 |
Moses247: Lovely, am here to make money and nothing else. Wish you the best in your desires. 4 Likes |
Re: Treasury Bills In Nigeria by Ikmontana1: 9:28pm On Sep 02, 2018 |
RealityShot:14.99% .!!. hop this info is accurate boss ?? 1 Like |
Re: Treasury Bills In Nigeria by Ikmontana1: 9:33pm On Sep 02, 2018 |
pls bosses
wat is d difference btw d stop rate n true yields in t-bills calculation ?? |
Re: Treasury Bills In Nigeria by Gavrelino123: 9:34pm On Sep 02, 2018 |
Ikmontana1:It's actually 13+.......... The 14.99% is for True Yield.. |
Re: Treasury Bills In Nigeria by Ikmontana1: 9:34pm On Sep 02, 2018 |
pls bosses
wat is d difference btw d stop rate n true yields in t-bills calculation ??
cos it seem d true yields rate is usually higher dan d normal rate |
Re: Treasury Bills In Nigeria by Ikmontana1: 9:37pm On Sep 02, 2018 |
Gavrelino123:tanx boss .. but pls can u give me a calculation of d true yield of 14.99% at 13% rate on an investment of #1million?? |
Re: Treasury Bills In Nigeria by aremso(m): 9:42pm On Sep 02, 2018 |
RealityShot: Boss, sometimes this election madness is good oo cos it always the period of wealth transfer from the rich to the poor. In as much as our great country will not break up, after the election comes the grt harvest. So let the election madness continue while it last and let money keep coming into all my ogas pockets 1 Like |
Re: Treasury Bills In Nigeria by Gavrelino123: 9:43pm On Sep 02, 2018 |
Ikmontana1:True Yield is your actual return on investment.. Your yield becomes even higher if you reinvest your upfront interest instead of consuming it.. Divide the tenor you invested by days 365...that is your true yield.. You are investing your upfront interest to its lowest ends.... |
Re: Treasury Bills In Nigeria by Ikmontana1: 9:51pm On Sep 02, 2018 |
Gavrelino123:tanx boss u da best 1 Like |
Re: Treasury Bills In Nigeria by Gavrelino123: 10:02pm On Sep 02, 2018 |
Ikmontana1:If you invest 1,000000 at 13% your interest will be= 1,000000 ×13/100 =130,000 Your actual interest is 130,000 ☄☄ STEP 2 True Yield 1,000,000 - 130,000=870,000 Then,divide 130,000/870,00=0.1494% Finally, muliply 0.1494% by 100=14.9% 7 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 10:05pm On Sep 02, 2018 |
Ikmontana1:https://www.cbn.gov.ng/rates/govtsecurities.asp See for yourself |
Re: Treasury Bills In Nigeria by Ikmontana1: 10:33pm On Sep 02, 2018 |
RealityShot:yh boss, v understood it, tanx |
Re: Treasury Bills In Nigeria by Ikmontana1: 10:34pm On Sep 02, 2018 |
Gavrelino123:big ups boss 1 Like |
Re: Treasury Bills In Nigeria by Gavrelino123: 10:40pm On Sep 02, 2018 |
Ikmontana1:You are welcome.... we are all here to learn. |
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