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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4629106 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 katamo: 11:29pm On Nov 19, 2018 |
speedyconnect3:What you are asking for is the "real return" or "real interest rate" on your investment which represents the increase (or decrease) in the purchasing power of your invested funds after factoring in inflation. To find the real return/interest rate, you simply take the nominal interest rate (that is the TB interest rate) and subtract the inflation rate. In your example, it will be 15% (nominal TB interest rate) minus 14% (inflation) which will give you a 1% real return. 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 2:20am On Nov 20, 2018 |
BiafraIShere: According to the gurus �, the next auction is 29/11/2018 and if I will advise you according to the gurus,dump zenith bank and take your money to either Firstbank or Stanbic IBTC 2 Likes |
Re: Treasury Bills In Nigeria by Acidosis(m): 9:13am On Nov 20, 2018 |
katamo: I think he's supposed to consider the inflation rate for 2020 (maturity date), not 2019 (value date). Short-term tenors are exemptions though. |
Re: Treasury Bills In Nigeria by billtommy(m): 11:03am On Nov 20, 2018 |
Good morning y'all, I must say this is the most educative tread on nairaland so far....kudus to all the stakeholders and everyone that has been making it so. In order to tap into the ongoing discussion. Looking at the dollars rate, its obvious that the CBN has been doing a good job of saving the naira. My question is. What is the probability that the dollars rate will remain stable before the general election? Will it be worth the risk? |
Re: Treasury Bills In Nigeria by Grupo(m): 11:11am On Nov 20, 2018 |
billtommy: Wetin concern Tbills concern dollar rate na? Abi you wan start another round of arguments? 1 Like |
Re: Treasury Bills In Nigeria by dotcomnamename: 11:13am On Nov 20, 2018 |
Re: Treasury Bills In Nigeria by RealityShot: 3:19pm On Nov 20, 2018 |
Iamzik:please what are the risks in treasury bills? |
Re: Treasury Bills In Nigeria by RealityShot: 3:25pm On Nov 20, 2018 |
Agbaletu:so you are down 11.2% so what? For how long? Tbills is at 14+% right now. Convert to naira and invest now and get 2% profit UPFRONT. And please stop praying for bad things to happen to our naira - it affects us all as long as you live in naija Reinvest the upfront if possible to increase your profits. Happy investing 4 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 3:29pm On Nov 20, 2018 |
billtommy:it will remain stable : Buhari needs it to stay that way or his toast! By the way, crude prices are looking OK for now so our dollar income is way above budget.. CBN can keep up with the defense. 2 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 3:41pm On Nov 20, 2018 |
Grupo:then explain why our banks (only the top 5) Put in over 267 billion naira in treasury bills last year? Please explain what an investment means to you? 2 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 3:51pm On Nov 20, 2018 |
GonFreecss1:from your previous post, you don't seem to realize the power of crude oil exports and the dollar earnings from it. When you do, you will know why Nigerian treasury-bills is such a solid investment. Hmm.. In short... When you buy treasury bills, You are loaning government money and expecting to get A cut from their total earnings. So as long as Nigeria sells sweet crude she must pay up! Otherwise, when next she needs money BEFORE her crude sales checks clear, She will be begging us with higher rates! Higher rates don't mean bad for us, it means the government needs money fast! ![]() Understand the business you are doing and sleep like a baby. Think of Tbills like building a house that is foldable and movable every year or less. 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by Internetboy: 4:43pm On Nov 20, 2018 |
What was Gtbank or StanbicIBTC last primary rate for 91,182 and 364 tenors . Next TB primary auction is 29/11/2018. I want to lock up 15mill for 364, targeting 14% rate which is around 2,100,000.00 Naira. Tbill is really a sweet investment when you have idle cash . Please Gtbank and stanbic which one gives better rates in Primary market . I have used FBN , their rates are not so good. |
Re: Treasury Bills In Nigeria by dammy222(f): 5:14pm On Nov 20, 2018 |
Internetboy:Stanbic |
Re: Treasury Bills In Nigeria by katamo: 5:33pm On Nov 20, 2018 |
Acidosis: You would need to consider the inflation rate for the term of the TBill. So if you invest at the beginning of January 2019, you will look to the expected inflation rate for 2019. Also, be sure to use the true yield of the TBill in the calculation for a more accurate result. In this example, a 15% one-year TBill rate results in a true yield of 17.6%. 1 Like |
Re: Treasury Bills In Nigeria by Internetboy: 7:03pm On Nov 20, 2018 |
dammy222: I guess as much, their testimonies are numerous on this forum. I need to open an account with them tomorrow. ASAP. 1 Like |
Re: Treasury Bills In Nigeria by billtommy(m): 7:14pm On Nov 20, 2018 |
RealityShot: I thought so too, May God bless your words |
Re: Treasury Bills In Nigeria by Internetboy: 7:29pm On Nov 20, 2018 |
billtommy: Please can you state where we can be monitoring the crude oil prices. Do you normally update urself on random news, or you check a particular site(s)? (for crude prices) On the stable economy you quoted with reasons, I pray so because I'm lockup for 364 days in next primary auction. |
Re: Treasury Bills In Nigeria by GonFreecss1: 7:39pm On Nov 20, 2018 |
RealityShot: Either you know something others don't, or you are part of those who rely heavily on hopium. Oil prices will never always be good, buying up naira consistently is not sustainable. 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 7:43pm On Nov 20, 2018 |
RealityShot: Definitely too much hope. Optimism is good but basing investment strategy on optimism is not a good way to go. 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 7:46pm On Nov 20, 2018 |
RealityShot: Lol! So because all banks put money in something makes them smart? Or makes them know what they are doing? Hahahahahahahahahahahaha Go and ask about what happened in the US in the last global financial crisis. After you do that, I will advise everyone in the house including you, to watch the movies "The Big Short" and "Margin Call", you will gain a very important lesson from it. 2 Likes |
Re: Treasury Bills In Nigeria by billtommy(m): 7:47pm On Nov 20, 2018 |
GonFreecss1: Based on the realities of what is happening in the present, the future can be predicted. He only stated an opinion, not a fact....if you have a conflicting opinion on the subject matter, pls state it and let's all learn from you. |
Re: Treasury Bills In Nigeria by GonFreecss1: 7:55pm On Nov 20, 2018 |
RealityShot: You are assuming a whole lot, from thinking I don't understand Treasury Bills to crude oil exports. Lol! Lol. Who said anything about the government not being able to pay back? I have never said that. I don't care about my returns in naira if my buying power keeps reducing. I have only preached one thing here and that is buying power! So many of us place too much faith in Government and Banks, this is good short term, but history will always tell the truth about how there is nothing too big to fail. From banks, to government. I really want to say more, but because of the complication in mentioning a particular word, I will leave this matter for now. 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 8:21pm On Nov 20, 2018 |
billtommy: He is basically saying Oil prices will forever be good and Nigeria will keep making money from it. He is also saying Nigeria using the forex earned from this crude oil to buy naira to keep prices normal is sustainable. Since when did we have so much faith in the Nigerian government's interest in the people? Lol, how many of us here have insurance or trust insurance companies? Integrity is hard in Nigeria. Since when did we believe the Nigerian government are good financial risk managers? Go and look at the history of our declining buying power rate of the naira to understand. Even with all this, I still buy Treasury bills directly or indirectly, and I never said people shouldn't, my question now becomes what are we doing here if not to say the truth or advice other people about some things? Should I bask in mediocrity and pretense and keep doling out the fairy tale without saying the truth all because I don't want to make people uncomfortable? Thinking about it now, I can say this is one of the problems we have in the country. If you all think inflation rate is actually 11-12%, you are not understanding yet. I have consistently beat both the NSE, and the actual inflation rates (which I believe is 25%+) for some time now, and my buying power keeps on improving. I do not intend to scare the newbies, Treasury bills are good, they are safe. They are rated Triple A (AAA), this is a very good rating. A rating I don't take lightly, but then I am not one that minces words and I apologize for that, but if you want to preserve your buying power the real bitter painful truth is this, Treasury Bills alone won't do that for you. 5 Likes |
Re: Treasury Bills In Nigeria by veneza(f): 8:58pm On Nov 20, 2018 |
Is it still possible for one to invest 100k in tbill as at now. |
Re: Treasury Bills In Nigeria by GonFreecss1: 9:12pm On Nov 20, 2018 |
veneza: You should. Walk into a good bank and make inquiries, though it will probably be a secondary market rate. |
Re: Treasury Bills In Nigeria by veneza(f): 9:20pm On Nov 20, 2018 |
GonFreecss1: secondary market rate with hope of like how much interest, am a newbie though but learnt about it lately. |
Re: Treasury Bills In Nigeria by GonFreecss1: 9:43pm On Nov 20, 2018 |
veneza: To be honest, I don't know. Till you talk to the banks in question. |
Re: Treasury Bills In Nigeria by Pentagon1993(m): 12:53am On Nov 21, 2018 |
feelamong:Am interested |
Re: Treasury Bills In Nigeria by papadoculus(m): 2:58am On Nov 21, 2018 |
good one |
Re: Treasury Bills In Nigeria by Grupo(m): 8:05am On Nov 21, 2018 |
veneza: 100k will only give you around 13 to 14k in one year. If I were you, I would think again. Even buying and selling pure water in front of your house with 100k will likely give you more than 10k a month. 6 Likes |
Re: Treasury Bills In Nigeria by Yem0350: 8:38am On Nov 21, 2018 |
Grupo:Not everybody has time to do business due to work. Reason why people like this opt in for tbills rather than leave the money in bank account. There is difference between Investment and business 3 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 9:37am On Nov 21, 2018 |
Yem0350: Then invest in yourself. If you could only save 100k after several months of working, it means you have a low paying job. So what you should do is invest the money in your personal development, get new certifications, training, etc. All these will increase your chances of earning more and when you do, you start considering Tbills then. 3 Likes |
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