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Treasury Bills In Nigeria - Investment (615) - 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 yinka2011: 3:31pm On Nov 14, 2018
Mizwisdom:


Does this mean secondary auction is next week?


secondary market is open everyday but there could be OMO auction on Friday also...
Re: Treasury Bills In Nigeria by Mfunkynation(m): 3:38pm On Nov 14, 2018
yinka2011:
RESULTS FROM TODAYS PRIMARY MARKET AUCITON .....LINK IS HERE ...https://www.easykobo.com/News.aspx?id=20939


damn.... cbn stop rate has not increase... 364 days is the same as the last auction
FBN ....pls dont fail me...
Re: Treasury Bills In Nigeria by Just2endowed2(m): 3:38pm On Nov 14, 2018
alezzy13:


As in!!!! cheesy cheesy

I don learn Wella! Keep it up guys! smiley

But pls lets try to be civil even when disagreeing

Yes wink
Re: Treasury Bills In Nigeria by dotcomnamename: 4:50pm On Nov 14, 2018
jidobaba:
You people have effectively discouraged people from investing in this week's TBills auction!
Some people already wrote and scanned instructions waiting to send to their banks but are now instead looking for land to buy in developing areas...


Don't mind them. Awon JJCs forming legends grin. Their self consolation slogan is "If you know u know" . They know nothing O! Pride goes before a fall grin
Re: Treasury Bills In Nigeria by dotcomnamename: 4:51pm On Nov 14, 2018
Infinitisi:
Bottom line for everyone I think should be it is important to invest your time and money in financial and economic education.

There are many online courses on investing and portfolio management which will teach you the different asset classes, interest rates, inflation, currency devaluation and how all these factors affect investment decisions and how to properly allocate your funds among different asset classes.

More often than not what separates the successful investors from the rest are education and experience. At least you have control over how much education you get.

Knowledge and Understanding will never cease from you. 3 gbosa for you !!! grin

1 Like

Re: Treasury Bills In Nigeria by dotcomnamename: 4:51pm On Nov 14, 2018
katamo:


You hit the nail on the head!!

There are many factors that impact the price of financial assets - and in different ways. Educating yourself about this will position you to make better investment decisions. Every financial asset is useful and using the knowledge you have to best position yourself in the market is all you can do.

While there are people that changed their dollars to naira at N160 and have now lost money, someone else exchanged their naira to dollars at N160 and made some nice profits. Similarly, there are those who bought dollars a year ago at N365 and kept in their dom account. Today dollar exchange rate is N360. If you had invested that money in Tbills instead of buying dollars, you would have been much better off. Stock market is another example - NSE was one of the best performing indices last year with 42% return - however, all those gains have essentially been wiped out this year.

The point is that you need to understand what makes these assets move in price and be on the right side of the trade. Now, this is no easy task and if any of us knew all the answers, we probably will not be in this forum anyway. All you can do is to educate yourself so you can make informed decisions that will increase the chances of you being on the right side of the trade. Good luck investing!

E go better for you jor.. You sabi well cheesy

1 Like

Re: Treasury Bills In Nigeria by dotcomnamename: 5:05pm On Nov 14, 2018
deepwater:
Finally, they wan close this thread wey man pikin take they see small choppings.

Why fighting, any body should invest where they like.

People shouting millions millions here up and down, if u check now shi shi no gum dem. Some are just broke a.s.s investment bankers who have access to customers details, they go come KOLOBI the story like saythe thing happen to them directly.

The 2016 dollar rush should not be used as an investment example, as the odds are you could be struck by a thunder more times than seeing the 2016 rush repeat again.

PDP is coming to share the money again.

Guys dont get it, buy that TB today or before the election. Nigeria has defiled all logical terms and theory

You get time sef. No matter how hard you are trying to do something good for yourself, some people will always find one or two reason(s) you should be shaking. Is life itself not a risk? undecided
Re: Treasury Bills In Nigeria by cutedharmee: 5:11pm On Nov 14, 2018
Pls nah let someone tell me which one is primary market and which is secondary... wasn't told anytin of such when I went to first bank. Was only told to fill a form and bring it early on Friday. Someone should pls help
Re: Treasury Bills In Nigeria by Nnamz(m): 5:17pm On Nov 14, 2018
cutedharmee:
Pls nah let someone tell me which one is primary market and which is secondary... wasn't told anytin of such when I went to first bank. Was only told to fill a form and bring it early on Friday. Someone should pls help

Primary market occurs every 2nd Wednesday. You wouldn't know the rate until the bidding is over. Whereas secondary market is everyday; just email your account officer and ask what days and rates are available. They could say that they have 265 days at 11%, or 45 days at 10%, just an example. Bottom line is, you wait till every second Wednesday to do primary market, while you can do secondary market at any time of the day. Cheers

1 Like

Re: Treasury Bills In Nigeria by Nnamz(m): 5:18pm On Nov 14, 2018
Nnamz:


Primary market occurs every 2nd Wednesday. You wouldn't know the rate until the bidding is over. Whereas secondary market is everyday; just email your account officer and ask what days and rates are available. They could say that they have 265 days at 11%, or 45 days at 10%, just an example. Bottom line is, you wait till every second Wednesday to do primary market, while you can do secondary market at any time of the day. Cheers

Remember to submit your form the Monday before the day of the bidding.
Re: Treasury Bills In Nigeria by Nobody: 5:39pm On Nov 14, 2018
aremso:




so what happpens if the exchange rate does not get to #600 as you have anticipated and God will never allow us to get to that stage

If the rate never appreciates to 600, then the guy is screwed..

Mind you the dollar has been devalued by 222 naira over the period of 15 years , that's enough time to make a profit.

If you look at the graph , you will see dips that you can capitalize on to make a profit..

The people who scream inflation act like it's a compounding phenomenon.. eg

Inflation maybe 12% this year and 17% next year , that's only an increase of 5%, whereas your total interest on tb if your yearly average is 14%, means a total of 28% in two years ..that's s profit of 23%.


As have been expressed earlier nobody knows what the exchange rates will look like , it may go up, but in the interim there's lots of opportunities to make a profit..

Need I remind you that Somalias currency has gained significant value over the last 5 years , so it can happen.

2 Likes

Re: Treasury Bills In Nigeria by RealityShot: 5:52pm On Nov 14, 2018
Primary Market Date of Auction 12/9/2018 11/14/2018 11/14/2018 11/14/2018 Security Type NTB NTB NTB NTB Tenor 91 91 181 364 Marginal Rate 11 10.95 13.16 14.45 True Yield 11.3102 11.2573 14.0842 16.8829

today's rates got me crying! I locked at 12.8% barely 2 weeks ago!
Re: Treasury Bills In Nigeria by U1(m): 6:04pm On Nov 14, 2018
.
Re: Treasury Bills In Nigeria by aremso(m): 6:07pm On Nov 14, 2018
dotcomnamename:



Don't mind them. Awon JJCs forming legends grin. Their self consolation slogan is "If you know u know" . They know nothing O! Pride goes before a fall grin


Absolutely Boss! they know nothing just be forming for us here telling us stories about inflation, about putting money in dorm account....etc but just let matured minds be silent and keep watching them.

1 Like

Re: Treasury Bills In Nigeria by Mfunkynation(m): 6:20pm On Nov 14, 2018
let them continue on the inflation lecture for the next 5 pages.... na them be Economic guru
....
Re: Treasury Bills In Nigeria by zamirikpo(m): 7:03pm On Nov 14, 2018
aremso:



Absolutely Boss! they know nothing just be forming for us here telling us stories about inflation, about putting money in dorm account....etc but just let matured minds be silent and keep watching them.

When the mind can't accommodate or assimilate a higher level of reasoning the fastest way out nah to beef....

Mature minds don't act like that....they know that life is a classroom where we learn everyday.

IF U KNOW ,..U KNOW. cool tongue tongue grin grin

4 Likes

Re: Treasury Bills In Nigeria by Nobody: 7:07pm On Nov 14, 2018
aremso:



Absolutely Boss! they know nothing just be forming for us here telling us stories about inflation, about putting money in dorm account....etc but just let matured minds be silent and keep watching them.

Matured mind indeed .... So many individuals has gained lots of insights from the rich arguments .... Since you are all set and informed ,Gladly unfollow the thread ... Cheers Amigo sad

3 Likes

Re: Treasury Bills In Nigeria by aremso(m): 7:12pm On Nov 14, 2018
zamirikpo:


When the mind can't accommodate or assimilate a higher level of reasoning the fastest way out nah to beef....

Mature minds don't act like that....they know that life is a classroom where we learn everyday.

IF U KNOW ,..U KNOW. cool tongue tongue grin grin


Shior! which mind cant assimilate and who is beefing u! Do you know the calibers of people on this thread? for your Info am a graduate of Economics from the university of Lagos so which theory do you want to quote for me that i don't know? Just let me stop here, empty barrel like you make the loudest noise!

2 Likes 1 Share

Re: Treasury Bills In Nigeria by Alepa(m): 7:14pm On Nov 14, 2018
zamirikpo:


When the mind can't accommodate or assimilate a higher level of reasoning the fastest way out nah to beef....

Mature minds don't act like that....they know that life is a classroom where we learn everyday.

IF U KNOW ,..U KNOW. cool tongue tongue grin grin
Oga Goan sidown somewhere and stop derailing the thread cheesy

2 Likes

Re: Treasury Bills In Nigeria by Gokoyer0(m): 7:16pm On Nov 14, 2018
My sister, please enlighten me about trick of buying TBILLS before election. I bought some TBills and it's going to liquidate Jan 2019. I beg I want get better small chops. I can send you a PM if that's what suit you.
deepwater:
Finally, they wan close this thread wey man pikin take they see small choppings.

Why fighting, any body should invest where they like.

People shouting millions millions here up and down, if u check now shi shi no gum dem. Some are just broke a.s.s investment bankers who have access to customers details, they go come KOLOBI the story like saythe thing happen to them directly.

The 2016 dollar rush should not be used as an investment example, as the odds are you could be struck by a thunder more times than seeing the 2016 rush repeat again.

PDP is coming to share the money again.

Guys dont get it, buy that TB today or before the election. Nigeria has defiled all logical terms and theory
Re: Treasury Bills In Nigeria by zamirikpo(m): 7:21pm On Nov 14, 2018
aremso:



Shior! which mind cant assimilate and who is beefing u! Do you know the calibers of people on this thread? for your Info am a graduate of Economics from the un iversity of Lagos so which theory do you want to quote for me that i don't know? Just let me stop here, empty barrel like you make the loudest noise!

And I didn't even go to school.....ode

Am sure u finished with a 3rd class from the way u reason and write.

Olodo

3 Likes

Re: Treasury Bills In Nigeria by zamirikpo(m): 7:22pm On Nov 14, 2018
Alepa:

Oga Goan sidown somewhere and stop derailing the thread cheesy

No be me start am ooh......

1 Like

Re: Treasury Bills In Nigeria by Alepa(m): 7:33pm On Nov 14, 2018
zamirikpo:


And I didn't even go to school.....ode

Am sure u finished with a 3rd class from the way u reason and write.

Olodo
E don do na ! Chai
You get bad mouth . And Na ban you dy use play like this o
Re: Treasury Bills In Nigeria by dotcomnamename: 8:09pm On Nov 14, 2018
Alepa:

Oga Goan sidown somewhere and stop derailing the thread cheesy
I
Let me emulate. "If you know you know" Lol grin grin grin
Re: Treasury Bills In Nigeria by dotcomnamename: 8:10pm On Nov 14, 2018
aremso:



Shior! which mind cant assimilate and who is beefing u! Do you know the calibers of people on this thread? for your Info am a graduate of Economics from the university of Lagos so which theory do you want to quote for me that i don't know? Just let me stop here, empty barrel like you make the loudest noise!

But, but, but if you know you know grin
Re: Treasury Bills In Nigeria by dotcomnamename: 8:12pm On Nov 14, 2018
Alepa:

E don do na ! Chai
You get bad mouth . And Na ban you dy use play like this o
...

No e never do O, cos if you know you know grin
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:18pm On Nov 14, 2018
aremso:



Shior! which mind cant assimilate and who is beefing u! Do you know the calibers of people on this thread? for your Info am a graduate of Economics from the university of Lagos so which theory do you want to quote for me that i don't know? Just let me stop here, empty barrel like you make the loudest noise!
cbn governor why daf 95 xf is 7 million naira against 4 million in 2014 ?
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:19pm On Nov 14, 2018
Mfunkynation:
let them continue on the inflation lecture for the next 5 pages.... na them be Economic guru
....
why did dangote cement move from 1700 to 2500 per bag
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:23pm On Nov 14, 2018
dotcomnamename:



Don't mind them. Awon JJCs forming legends grin. Their self consolation slogan is "If you know u know" . They know nothing O! Pride goes before a fall grin
am very sure u just started investing in money markets less than a decade...ur post when u where learning are still there....u be confirmed jjc forming vetern if not post your year 2000 certificates...noise maker

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 8:37pm On Nov 14, 2018
dotcomnamename:
...

No e never do O, cos if you know you know grin
this my tankers I own several 28 am very sure am more grounded in bussiness more than you and understand inflation and devalution cos I import tyres and part ....i buy tires for 35 k each now it 70 k ....

3 Likes 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 8:39pm On Nov 14, 2018
aremso:



Shior! which mind cant assimilate and who is beefing u! Do you know the calibers of people on this thread? for your Info am a graduate of Economics from the university of Lagos so which theory do you want to quote for me that i don't know? Just let me stop here, empty barrel like you make the loudest noise!
people are taking about Harvard and sanford universities this one is taking about unilag not on 1000 best in the world ....am disappointed
Re: Treasury Bills In Nigeria by ositadima1(m): 8:50pm On Nov 14, 2018
ahiboilandgas:
am very sure u just started investing in money markets less than a decade...ur post when u where learning are still there....u be confirmed jjc forming vetern if not post your year 2000 certificates...noise maker

Mr Alikote is dat you?

By the way, someone made an interesting point earlier.

If inflation was indeed compounding in a few years naira would worth nothing. A 14% inflation that compounds negatively would require only 5 years to wipe initial principal, but, despite inflation being double digits for the past couple of years, naira is yet to hit the d floor. How is that so?

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