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Treasury Bills In Nigeria - Investment (600) - Nairaland

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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 aremso(m): 9:26am On Oct 30, 2018
Nnamz:


Thank you for sharing your opinion. I apologize if I was rude to anybody. Happy investment everyone smiley


Thank you very much Sir, we would be learning learning everyday until our time is up. Many thanks Sir
Re: Treasury Bills In Nigeria by NL1960: 9:58am On Oct 30, 2018
deepwater:
Even if I don't work for the federal government, they would keep paying my house rent until I complete my house.

#TBillsThings
If you know, you know

Since federal government has refused to spend the recommended percentage of the budget on education thereby causing a decline in education, i have decided that na them go dey fund the education of my kids wen dey boarding house for now until dem decide to spend the recommended percentage on education. cool

7 Likes

Re: Treasury Bills In Nigeria by NL1960: 10:00am On Oct 30, 2018
DInkMan:
My TB matured on Thursday last week. Since then I have been on impulsive spending spree – pls don’t blame, lol.
Today I was at my bank to find rates and tenor as @ today. The secondary bills available are lower tenors which were not preferred by me.
I promptly requested for the primary auction form, filled, submitted & locked down instantly before I turned my capital to expenditure cheesy.
That is one of the advantages of TB!

Since you refused to flex us with the matured TB and decided to flex alone, no forget to flex us with the upfront interest o otherwise you go pay fine. cool

2 Likes

Re: Treasury Bills In Nigeria by michealekene(m): 2:06pm On Oct 30, 2018
Sorry o... I heard rates are hitting as much as 14.5% now in secondary market. .. Any confirmation for SIBTC and FBN account holders in the house?
Re: Treasury Bills In Nigeria by DInkMan(m): 2:34pm On Oct 30, 2018
NL1960:


Since you refused to flex us with the matured TB and decided to flex alone, no forget to flex us with the upfront interest o otherwise you go pay fine. cool

cheesy i will think it through -your proposal.
Re: Treasury Bills In Nigeria by GonFreecss1: 6:20pm On Oct 30, 2018
Hello everyone, glad to be able to post here now been following this thread for a while now... I like what you guys are doing, nice discussions all around. It's good to see many Nigerians, being serious about investing and making their money work for them.

1 Like

Re: Treasury Bills In Nigeria by dotcomnamename: 6:32pm On Oct 30, 2018
So TB never hit 18% wey i do am last? Well i'm still waiting sha grin .. Make my peppers still dey do press up in my MF accounts till TB reach 18% again.. I can't shout O! grin

1 Like

Re: Treasury Bills In Nigeria by Gabrielclint(m): 7:13pm On Oct 30, 2018
Has anyone been debited for todays Auction
Re: Treasury Bills In Nigeria by Nnamz(m): 8:30pm On Oct 30, 2018
dotcomnamename:
So TB never hit 18% wey i do am last? Well i'm still waiting sha grin .. Make my peppers still dey do press up in my MF accounts till TB reach 18% again.. I can't shout O! grin

Once your peppers finish press up na correct stew en go make
Re: Treasury Bills In Nigeria by Nobody: 8:37pm On Oct 30, 2018
dotcomnamename:
So TB never hit 18% wey i do am last? Well i'm still waiting sha grin .. Make my peppers still dey do press up in my MF accounts till TB reach 18% again.. I can't shout O! grin
You go wait tire
Re: Treasury Bills In Nigeria by Nobody: 9:44pm On Oct 30, 2018
Gabrielclint:
Has anyone been debited for todays Auction

Auction is Tomorrow, the 31st.
Re: Treasury Bills In Nigeria by dipoolowoo: 5:11am On Oct 31, 2018
Re: Treasury Bills In Nigeria by Just2endowed2(m): 1:01pm On Oct 31, 2018
dipoolowoo:
T-Bills Yields Drop to 12.35% on FAAC Inflows]
https://www.businesspost.ng/2018/10/31/t-bills-yields-drop-to-12-35-on-faac-inflows/

why is tb going south
Re: Treasury Bills In Nigeria by dotcomnamename: 1:27pm On Oct 31, 2018
4601CE:

You go wait tire

OK sir I've heard you.

1 Like

Re: Treasury Bills In Nigeria by Infinitisi(m): 2:33pm On Oct 31, 2018
Treasury Bills:

Stop rate for today's treasury bills Primary Market Auction.

91 days: 10.9752.

182 days: 13.49%.

364 days: 14.40%


Visit Nairametrics.com for more news.

5 Likes

Re: Treasury Bills In Nigeria by Bigdaddy234: 2:34pm On Oct 31, 2018
Get a Company registered today with CAC & Be your own Boss,
register your Business name,Limited company,church,mosque,NGOs, and clubs .with Corporate Affairs Commission (CAC) of Nigeria with Accredited professionals .


Cal/Whatsapp number: 07034672434

We deliver your certificate at your doorstep!

Location:Lagos but we can deliver certificate anywhere in Nigeria

Integrity Pays
Re: Treasury Bills In Nigeria by feelamong(m): 3:32pm On Oct 31, 2018
Infinitisi:
Treasury Bills:

Stop rate for today's treasury bills Primary Market Auction.

91 days: 10.9752.

182 days: 13.49%.

364 days: 14.40%


Visit Nairametrics.com for more news.

its gradually coming up..but not yet time to lock in for one year...

1 Like

Re: Treasury Bills In Nigeria by Mfunkynation(m): 3:35pm On Oct 31, 2018
Infinitisi:
Treasury Bills:
Stop rate for today's treasury bills Primary Market Auction.
91 days: 10.9752.
182 days: 13.49%.
364 days: 14.40%

Visit Nairametrics.com for more news.
Chisos oooooo!!!! see what i miss!
182 @ 13.49% so sumptuous
364 days @ 14.40% so delicious...
Behold i knock on the door FBN secondary market gbam gbam gbam
Re: Treasury Bills In Nigeria by donshady(m): 3:36pm On Oct 31, 2018
Infinitisi:
Treasury Bills:

Stop rate for today's treasury bills Primary Market Auction.

91 days: 10.9752.

182 days: 13.49%.

364 days: 14.40%


Visit Nairametrics.com for more news.

364 days looks attractive
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:37pm On Oct 31, 2018
feelamong:


its gradually coming up..but not yet time to lock in for one year...
when do u think will be the right time cos am targeting 17-18 around January

1 Like

Re: Treasury Bills In Nigeria by Mfunkynation(m): 3:37pm On Oct 31, 2018
feelamong:

its gradually coming up..but not yet time to lock in for one year...
Uncle, pls when will it be ripe to lock in for 365 days
Re: Treasury Bills In Nigeria by Agbaletu: 3:55pm On Oct 31, 2018
ahiboilandgas:
when do u think will be the right time cos am targeting 17-18 around January
I am also targeting January/February 2019.

1 Like

Re: Treasury Bills In Nigeria by tolajay: 4:02pm On Oct 31, 2018
Money market?

At the current market of Tbills, money market doesn’t seem like a better offer.

At my last enquiry at FBN about mutual funds or so, the attendant told me it was a 7% interest rate.

I was disturbed considering that I’d gotten about 13% profit on Tbills.

Perhaps, there’s something I don’t know about money market in general.

strategist007:
u can invest ur interest in money market eg if u buy 200k tbills monthly and they deduct lets say 195k just transfer the 5k to a money mkt acct, that way u still invest ur full capital monthly.
Re: Treasury Bills In Nigeria by feelamong(m): 4:06pm On Oct 31, 2018
ahiboilandgas:
when do u think will be the right time cos am targeting 17-18 around January

At the rate at which CBN is defending Naira, they only have to increase rates to attract foreign Investors...

January/ February would definitely be a good time.....hoping that Oil price doesnt go down faster than envisaged..
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:08pm On Oct 31, 2018
feelamong:


At the rate at which CBN is defending Naira, they only have to increase rates to attract foreign Investors...

January/ February would definitely be a good time.....hoping that Oil price doesnt go down faster than envisaged..
oil price doesn't go up ...mean more dollar to cbn.
Re: Treasury Bills In Nigeria by feelamong(m): 4:17pm On Oct 31, 2018
ahiboilandgas:
oil price doesn't go up ...mean more dollar to cbn.

If Oil price drops faster than envisaged....then CBN might have to trigger a rates rise earlier than we are projecting

1 Like

Re: Treasury Bills In Nigeria by GonFreecss1: 5:19pm On Oct 31, 2018
tolajay:
Money market?

At the current market of Tbills, money market doesn’t seem like a better offer.

At my last enquiry at FBN about mutual funds or so, the attendant told me it was a 7% interest rate.

I was disturbed considering that I’d gotten about 13% profit on Tbills.

Perhaps, there’s something I don’t know about money market in general.



First problem. Did you call their investment house (FBN Quest)? Or first bank themselves?

Some of this customer service operators don't know this things sometimes.

Or it could be the person thought it was Fixed deposit fund instead of money market fund.

If you go to the FBN quest site (not first bank), you should see the money market rates.

Left for me, I use Stanbic IBTC. They are better at this things than FBN quest. I.e. I can add money easily from the app and withdraw my money easily too.

1 Like

Re: Treasury Bills In Nigeria by tolajay: 6:05pm On Oct 31, 2018
I see! That could just have been the error point.

Please share the recent interest rate on your portfolio with Stanbic.

Thanks
GonFreecss1:



First problem. Did you call their investment house (FBN Quest)? Or first bank themselves?

Some of this customer service operators don't know this things sometimes.

Or it could be the person thought it was Fixed deposit fund instead of money market fund.

If you go to the FBN quest site (not first bank), you should see the money market rates.

Left for me, I use Stanbic IBTC. They are better at this things than FBN quest. I.e. I can add money easily from the app and withdraw my money easily too.
Re: Treasury Bills In Nigeria by GonFreecss1: 6:52pm On Oct 31, 2018
tolajay:
I see! That could just have been the error point.

Please share the recent interest rate on your portfolio with Stanbic.

Thanks

Currently, Stanbic Money market fund is at 11.55% per annum. The rate changes daily or weekly, depending on the distribution of the market instruments invested in, and the change in rates of those instruments. Since money market is low risk it focuses on low risk instruments like Treasury bills, Commercial papers, bankers acceptance etc.

Treasury bills might have a sweeter rate, but I think Money market has an advantage over Tbills.

2 Likes

Re: Treasury Bills In Nigeria by dammy222(f): 7:05pm On Oct 31, 2018
Who knows if Stanbic bid was successful today?
Re: Treasury Bills In Nigeria by Phyde: 7:38pm On Oct 31, 2018
dammy222:
Who knows if Stanbic bid was successful today?
We will know tomorrow.

2 Likes

Re: Treasury Bills In Nigeria by johnjay2012: 7:57pm On Oct 31, 2018
Phyde:

We will know tomorrow.

Would that be COB?

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