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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4628967 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 kristien4(m): 11:26am On Nov 22, 2018 |
feelamong:Please when is the best time to lock in for one year?? |
Re: Treasury Bills In Nigeria by feelamong(m): 3:54pm On Nov 22, 2018 |
kristien4: Once I lock in for one year......i will announce it here 1 Like |
Re: Treasury Bills In Nigeria by Phyde: 4:39pm On Nov 22, 2018 |
maryjames9:It is 28 Nov. please, and filled forms should be submitted before 27 Nov. |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 6:45pm On Nov 22, 2018 |
Just spotted 294 days @13% in iinvest app. 1 Like |
Re: Treasury Bills In Nigeria by speedyconnect3: 6:46pm On Nov 22, 2018 |
Freedem: 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. I need to understand this please. See this scenario. If inflation rate is 12% this year and in 2019 its 14%. That's 2% rise. If I do t bills at 15% in 2019, does it mean that I gained 13% because of 2% rise. Or that I gained 1% because inflation is 14% in 2019. Gonfreecss1 Feelamong Ahiboilandgas Nl1960 Zamirikpo Acidosis Realityshot Et al |
Re: Treasury Bills In Nigeria by zamirikpo(m): 6:56pm On Nov 22, 2018 |
CBN MPC hold interest rates at 14%. |
Re: Treasury Bills In Nigeria by Mfunkynation(m): 7:02pm On Nov 22, 2018 |
vexing:how sure are you that FBN gave u 14%? I did 364 days... from my calculation is 13.8+% |
Re: Treasury Bills In Nigeria by hias2012(m): 7:26pm On Nov 22, 2018 |
Interesting financial piece for us without a cost. https://punchng.com/you-can-earn-a-high-income-and-still-be-broke/ 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by sonshyne: 7:31pm On Nov 22, 2018 |
Today is the maturity date of the TB I bought from Gtb primary market and are yet to get alert even till now. Did anyone experience same? |
Re: Treasury Bills In Nigeria by Nobody: 7:40pm On Nov 22, 2018 |
Phyde: OK, my bankers FBN prefer locking in all tbillls application a week before the date of auction. |
Re: Treasury Bills In Nigeria by wuwu2: 7:47pm On Nov 22, 2018 |
TONY56:Oh. K. Tnx bro |
Re: Treasury Bills In Nigeria by walcolm(m): 12:38am On Nov 23, 2018 |
Jennypharb1: it's normal, that's how interest is calculated. the 10.5% is per annum which means you have to leave your 3.6m with the bank for 1yr to get that 10.5%. if you leave it for 91days, that's a quarter of a year which means you're going to get 2.5% on your 3.6m 2 Likes |
Re: Treasury Bills In Nigeria by Jesusbabygirl(f): 12:59am On Nov 23, 2018 |
Yem0350:Spot on, I guess people always forget that t-bills and some other forms of investment requires no significant time investment. On the other hand, not only are most businesses riskier, they require significant time investment. Finance 101 says the higher the risk, the higher the return, so business paying off more is nothing special. Along the same lines, diversification is great. I mean anyone who has taken Finance classes knows that diversification is an almost sure way to hedge the risk of your investment but there is much more to it. You cannot diversify with portfolios that are positively correlated, by that, I mean you cannot diversify using Nigerian t-bills and Nigerian bond because when the Government defaults on one, the probability of defaulting on the other is as close to 1 as they get. That's why I appreciate the comment from someone (can't search for the post and moniker now) that you should diversify in different currencies. But also remember that tracking different investments also requires time, so for some people, t-bills ONLY might be what they can and should do for now. Maybe when they become more informed and have more time, then they can diversify. Between, Finance is an amazing field and education to have. I'm loving studying it at a Masters level right now, wish I started earlier. 8 Likes |
Re: Treasury Bills In Nigeria by rOsy247(f): 2:29am On Nov 23, 2018 |
BiafraIShere: What's the current interest rate of tbills for 90 days? |
Re: Treasury Bills In Nigeria by rOsy247(f): 2:56am On Nov 23, 2018 |
Druss: Needed this. Thnx |
Re: Treasury Bills In Nigeria by dipoolowoo: 4:47am On Nov 23, 2018 |
One-Year T-Bills Yields Marginally Drop 0.01% in Mixed Trading Session https://businesspost.ng/2018/11/23/one-year-t-bills-yields-marginally-drop-0-01-in-mixed-trading-session/amp/ |
Re: Treasury Bills In Nigeria by Acidosis(m): 10:26am On Nov 23, 2018 |
sonshyne: Any luck with payment? I think you should check your calendar again. Next maturity date should be 29th/30th November, a day after auction date. Whatever people invest on the 28th November (next auction date) would be deployed for payment on the 29th/30th November (next maturity date). Tbills is an upgraded version of MMM with lower interest rate. NB: I'm not 100% certain about the above claims. ![]() |
Re: Treasury Bills In Nigeria by feelamong(m): 11:42am On Nov 23, 2018 |
Acidosis: yes its FG guaranteed MMM ![]() |
Re: Treasury Bills In Nigeria by peterphd(m): 11:49am On Nov 23, 2018 |
feelamong: Hello sir, what are your ideas on the diamond bank eurobond subscription thing? I have no idea but the basics and a pointer in the right direction will help. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:50am On Nov 23, 2018 |
feelamong:unlike mmm fg have assets and facc accounts generate profit to offset the liabities |
Re: Treasury Bills In Nigeria by Kechbeau: 12:10pm On Nov 23, 2018 |
good day house, please I'm new to this TB investment. can I start with 50k(abeg make una no laugh me)? and which bank offers the best interest rate. I bank with GTb, access, fcmb, n fidelity. I will appreciate if anybody responds. |
Re: Treasury Bills In Nigeria by NL1960: 12:40pm On Nov 23, 2018 |
Kechbeau: I doubt any bank will take that. Why don't you move it to MMF and continue to build on it gradually and periodically?. |
Re: Treasury Bills In Nigeria by Kechbeau: 12:49pm On Nov 23, 2018 |
NL1960:what does MMF mean? |
Re: Treasury Bills In Nigeria by Diyke4rich: 12:51pm On Nov 23, 2018 |
Guru's in the house i have been following this thread for a long time now i need am advice, i have a house in lagos that the rentage is not that good compare to what i paid for the house or renovation after a tenant move out, i wanted to try out this treasury bill i have a house in asaba if i rent it i will not make what i will be making in treasury bill, please guru's its advisable to sell one of the house and invest in treasury bill. Thanks Your contributions will be highly be appreciated |
Re: Treasury Bills In Nigeria by feelamong(m): 1:14pm On Nov 23, 2018 |
Diyke4rich: This arguement of House over treasury Bills will always be there, incidentally no one will win as it all depends on context. I personally will not do any house rentals as business. I would only support building the house I live in with the returns from my TBills Investment. In the past 5 years we have gotten a average return of 15-16% perannum on our Tbillls investment. I doubt any rentals from house will match that. 8 Likes 2 Shares |
Re: Treasury Bills In Nigeria by veneza(f): 1:16pm On Nov 23, 2018 |
Diyke4rich: don't be too quick to sell,just decide that after presidential election 2019, So you won't say your village people is the cause. 6 Likes |
Re: Treasury Bills In Nigeria by donshady(m): 1:18pm On Nov 23, 2018 |
hias2012: Thank you man. |
Re: Treasury Bills In Nigeria by Diyke4rich: 1:46pm On Nov 23, 2018 |
So what is your advice feelamong: |
Re: Treasury Bills In Nigeria by NL1960: 1:46pm On Nov 23, 2018 |
Kechbeau: Money Market Fund. for further reading see: https://www.nairaland.com/1912965/mutual-funds 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 1:59pm On Nov 23, 2018 |
Diyke4rich: It depends on what you want. There are people who liked to be called landlords (aka baba landlord) even if they are not really making money from their properties. Once you have a property, almost everybody in your family knows and they know when you collect the rent and that is when each and everyone of them will start coming with his/her problems for you to solve for them. If you say, you do not have, they will say 'shebi you just collect rent'. Before you know it, the money is finished with you wondering what you used the money for. That is when it suddenly dawn on you that the next rental is at least 11 months away. With TB, nobody knows if you have money. If they come around, na you go first cry say the country hard. Once you first cry, they will no longer be bold to tell you their problems. They will just say 'please just help me with anything'. Na so you go just give the person small thing from your TB upfront interest to help the person. ![]() 4 Likes |
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