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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4626293 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 hollerbaby: 9:44pm On Oct 08, 2018 |
alezzy13: I use GTB. And I think it's quite secured. The first time I did tb request by mail as suggested by someone on this platform. They honoured my request and afterwards restricted my account . It took a call to the customer care, answering few questions on my account and I finally sent them a scanned copy of my international passport for them to remove the restrictions. By the following day in the Morning my account was back to normal . But I felt some sort of security that the did what dey did. 1 Like |
Re: Treasury Bills In Nigeria by sherif4owo(m): 8:56am On Oct 09, 2018 |
alezzy13: I always send my TB instructions by to all the banks. 1 Like |
Re: Treasury Bills In Nigeria by irookie(m): 9:03am On Oct 09, 2018 |
sherif4owo: Including STANBIC IBTC?? |
Re: Treasury Bills In Nigeria by sherif4owo(m): 9:27am On Oct 09, 2018 |
Re: Treasury Bills In Nigeria by Nobody: 9:53am On Oct 09, 2018 |
sherif4owo: If secondary market, how do you know the rates available |
Re: Treasury Bills In Nigeria by Nobody: 9:53am On Oct 09, 2018 |
First Bank : 359 days for 12.8 days 1 Like |
Re: Treasury Bills In Nigeria by sherif4owo(m): 10:00am On Oct 09, 2018 |
Barrytone: Send a mail to request for rate. it changes often so you have to request for it and respond before 11am-12 |
Re: Treasury Bills In Nigeria by dipoolowoo: 10:01am On Oct 09, 2018 |
T-Bills Yields Drop as N175b Inflows Boost Liquidity https://www.businesspost.ng/2018/10/09/t-bills-yields-drop-as-n175b-inflows-boost-liquidity/ |
Re: Treasury Bills In Nigeria by jemypeters: 10:47am On Oct 09, 2018 |
[quote author=alterswerve post=71823013][/quote] have you guys tried investment banks... they offer fairly better rates than the federal government... you get your interest upfront too.. the 5million my uncle did last week for 180days was done on 15.5% interest PA and he got his upfront same day. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by jemypeters: 10:51am On Oct 09, 2018 |
alterswerve: have you tried investment banks... they offer fairly better rates than the federal government... you get your interest upfront too.. the 5million my uncle did last week for 180days was done on 15.5% interest PA and he got his upfront same day. |
Re: Treasury Bills In Nigeria by pafra(m): 10:59am On Oct 09, 2018 |
jemypeters: Which investment bank? |
Re: Treasury Bills In Nigeria by lancee(m): 11:21am On Oct 09, 2018 |
![]() 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by dejiotus: 11:35am On Oct 09, 2018 |
Barrytone: Secondary market rates for Stanbic on 9 October 2018. To mature on 3 Oct 2019; 359 days @ 12.75%. To mature on 10 Jan 2019; 11.73% for 93 days |
Re: Treasury Bills In Nigeria by jemypeters: 12:12pm On Oct 09, 2018 |
lancee: nope not really...there are some stress-free and far better interest rate investment banks regulated by CBN.... @least the one of my uncle is sure and has bin doing fine... their rates are fairly better and investments beyond 500,000 are non taxed @all. not evn hidden charges...... the company is UT FINANCIAL SERVICES LTD. look it up 1st 1 Like 1 Share |
Re: Treasury Bills In Nigeria by jemypeters: 12:13pm On Oct 09, 2018 |
pafra: UT FINANCIAL SERVICES... look it up and when you done, i can give you his account officer's number to call and find out more or ask more pertinent questions |
Re: Treasury Bills In Nigeria by lancee(m): 1:29pm On Oct 09, 2018 |
jemypeters: Thanks for the info sir ..I Think at the moment am satisfied with the rates of Cbn ..we have not heard of any default with the FG of Nigeria even when oil dey 30$ per barrel ..For now i dey with FGN No need for me to check their name online Once again Thanks sir 13 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Mfunkynation(m): 1:58pm On Oct 09, 2018 |
jemypeters:Monkey hunting..... 3 Likes |
Re: Treasury Bills In Nigeria by Ikmontana1: 3:31pm On Oct 09, 2018 |
lancee:LOL !!!! 2 Likes |
Re: Treasury Bills In Nigeria by Escapev: 4:09pm On Oct 09, 2018 |
jemypeters: Yinmu! My uncle this, uncle that. This is treasury bill thread. You may as well open another thread for d one you believe in. 3 Likes |
Re: Treasury Bills In Nigeria by Tabuse20: 4:38pm On Oct 09, 2018 |
jemypeters: An investment bank is called UT financial services ![]() ![]() 10 Likes |
Re: Treasury Bills In Nigeria by amjustme2: 7:12am On Oct 10, 2018 |
And Old friend of mine has been pitching me with ARM TB, saying they pay higher than CBN rate. And I Laugh, TB is managed by DMO, an arm of CBN, So how come you would pay higher than CBN ? I don't understand. Have not even bothered for explanations. |
Re: Treasury Bills In Nigeria by zamirikpo(m): 8:25am On Oct 10, 2018 |
amjustme2: Any thing can be called TB.....the one I know is under CBN In other matters pls I need confirmation that auctions would hold on the 17th of October. |
Re: Treasury Bills In Nigeria by dammy222(f): 8:28am On Oct 10, 2018 |
Pls who knows GT bank secondary rate as at yesterday? |
Re: Treasury Bills In Nigeria by Mfunkynation(m): 8:58am On Oct 10, 2018 |
dammy222:kindly look for todays rate... cos rates changing if there are buyers |
Re: Treasury Bills In Nigeria by Acidosis(m): 9:09am On Oct 10, 2018 |
Sometimes it's good to remind ourselves that TBills isn't the only investment option out there, and the common deposit money banks (e.g. GTB, Stanbic, etc) aren't the only licensed and regulated investment-/banks in the country. There are several investment banks and over 500 microfinance banks offering similar services in Nigeria and some of them even give loans at better interest rates with no bottleneck. As a matter of fact, TBills isn't even the core business of a deposit money bank like GTB or Stanbic Bank. It is the core duty of Investment centres such as ARM, Mansard, VFD, etc. Many big investors don't do deposit money banks as many of them don't have the time to fill forms in the conventional banks. They go to where they're well respected and given due and quality attention - and that's what many investment centres stand for. Do I need to mention that some of these investment centres pay their staff more than what staffs of conventional banks earn? If we must criticize, at least let's do it with an open mind. The common belief here is that Stanbic offers the best TBill services; some even hold on to this belief to the extent they don't believe other deposit money banks offer similar or better services. I was criticized on this thread sometime ago for mentioning my experience with Sterling bank. Today, the same Sterling bank came up with the i-Invest app while the likes of Stanbic and Firstbank are still in existence. 1 Like |
Re: Treasury Bills In Nigeria by IHelp: 9:56am On Oct 10, 2018 |
^^^^^^ This is Nigeria. When it comes to investment, most people tend to go where they believe there fund is secured. The banks are regulated more than most of this investment houses. That is why most people tend to trust them more. There is no doubt when there is issue with your fund, a well known company will act fast to protect their integrity more than this unpopular ..... How about being able to locate a close branch when you are having a challenge that can't be resolved through phone/email. .......... to be continued 5 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 10:46am On Oct 10, 2018 |
Money Market Rates Remain Calm as T-Bills Yields Shed 0.05% https://www.businesspost.ng/2018/10/10/money-market-rates-remain-calm-as-t-bills-yields-shed-0-05/ |
Re: Treasury Bills In Nigeria by Akerewe(m): 12:10pm On Oct 10, 2018 |
good day great investors in d house. stanbic ban has denied me primary market auctions twice now since last month by playing drama for nd calling me on phone to apologize all d time. I later went to Access bank for tb but I was told dey don't deal in primary market nd also their interest is paid at maturity. kindly share ur wealth of experience with me as regards tb with access bank secondary market. god bless u all. |
Re: Treasury Bills In Nigeria by lancee(m): 12:25pm On Oct 10, 2018 |
dammy222: Did 165 days @ 11.75% There was ..93 days @ 11.00 |
Re: Treasury Bills In Nigeria by dammy222(f): 12:48pm On Oct 10, 2018 |
lancee:Thank you |
Re: Treasury Bills In Nigeria by dammy222(f): 12:50pm On Oct 10, 2018 |
Mfunkynation:I mentioned yesterday because as at the time I asked I felt it will be too early in the day to know today's rate. Thanks |
Re: Treasury Bills In Nigeria by Mfunkynation(m): 1:42pm On Oct 10, 2018 |
Akerewe:leave access bank,try fbn or gtb or stanbic |
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