Just2endowed2:
anyone can advice on secondary rate for today?

Got stanbiic 91days 10.85% , 181 data 13,1%

[quote author=unite4real post=73318263][/quote]
Which bank please

needful:


If a woman decides to have her own money now, inferiority complex will make u complain of her not being submissive, so why not make the money for the both and allow her submit to u.

Many atimes, men who complain that women are not submissive hav lesser wealth compared to the woman wealth. Experience has taught me that the moment a woman starts making money of her own, the man, all of a sudden will start complaining that she is not respectful.

And this lonely feminist has come once again to litter her dirt on a financial thread. Your smelling opinion disgusts me. This is not a relationship thread you rot

My financial adviser said Nov 29 primary market TB is the last (Pry Mkt TB) for the year but my account officer at the bank said that there would be another in two weeks time. Who is correct? professionals please advise me please.

Kind Regards,

STOjo

Ikmontana1:
pls gurus in the haus,
if I invest #1 million at 14% for 365 days at t-bills, and I compound the upfront interest, I.e I apply to re-invest d upfront interest wen filling d form of initial #1 m for t-bills.
pls aw much will I b given after the compound of upfront interest, I.e true yield calculations ??

You ll get about #1162344

Just2endowed2:


hi you will get 140,000naira as upfront interest.

true yield will be 140k/860k*100=16.28% for a year

ok boss,
but I meant to ask dat, aw much will I collect after compounding ma interest of #140k ..??

@unite4real pls the secondary rate you posted is for which bank?

Also, pls is there any safe online platform that one can purchase tbills without having to open a new bank account with the bank rendering the tbills services?

Any help will be appreciated, thanks.

billtommy:
it seems Global oil price is nosediving...treasury bills rate are expected to increase, Naira is expected to fall and CBN might have a turbulent time defending the naira. Black market sources said USD has started increasing..Is this the best time to take the FX risk Advice oooo

I say a huge YES but the problem is when FX wants to crash, it leads to so much panic that results in too much supply and prices crash sharply. If you can position yourself to offload them before the panic starts, i will say you can start now.

Eddy4400:

@unite4real pls the secondary rate you posted is for which bank?

Also, pls is there any safe online platform that one can purchase tbills without having to open a new bank account with the bank rendering the tbills services?

Any help will be appreciated, thanks.

Thats AfriNvest but if you want to approach your bank, it can give you a guide of prevailing rates

OvaSabi1:


This is serious. And here I was, thinking the FG was thinking out of the box to finance their budget. Not knowing that they're thinking us into a box to sell us.
What do you think is in it for the customer? Will people be withdrawing their money from commercial banks and depositing into PSBs anytime soon?

I honestly don't know, but time will tell.

STOjo:
My financial adviser said Nov 29 primary market TB is the last (Pry Mkt TB) for the year but my account officer at the bank said that there would be another in two weeks time. Who is correct? professionals please advise me please.

Kind Regards,

STOjo

TBills that matured in December 2017 were not rolled over. government does not have maturing bills to pay in December 2018, them no need your money to settle gbese. Your financial adviser may be right. Your account officer only knows that something happens every 2 weeks, so he concluded.

The 4th quarter 2018 actually ends in November 2018, while first quarter 2019 starts in December 2018

We are still waiting the first quarter 2019 calendar and thats where you find December 2018 information

I have, their rate (Ecobank) is quite low compared to the one you posted

unite4real:


Thats AfriNvest but if you want to approach your bank, it can give you a guide of prevailing rates

Ikmontana1:
ok boss,
but I meant to ask dat, aw much will I collect after compounding ma interest of #140k ..??

You will collect around #300 only

Eddy4400:
I have, their rate (Ecobank) is quite low compared to the one you posted

From our discussion on this thread, you should have avoided banks like Ecobank when it comes to buying government securities.

Hello everyone...i liquidated a bill that has been running since 6th April cuz i needed a swift cash. It hasn't dropped for like two weeks now...what could be the cause please?

zinaunreal:


And this lonely feminist has come once again to litter her dirt on a financial thread. Your smelling opinion disgusts me. This is not a relationship thread you rot

You can kiss your transformer if you wish. Mr I too know, I pity the innocent woman that will end up with you.

needful:


You can kiss your transformer if you wish. Mr I too know, I pity the innocent woman that will end up with you.

lonely feminist.

Between diamond and access bank, which is best to invest in T.bills? please, its urgent.

Good morning to all guru in the house, please i need a help i did invest 5m on Tbill primary market @ 14% annual, the interest i got according to the investment certificate was N802,800 i didnt asked for my interest to be paid over, that means Tbill is with my 5,802,800, how much will i get, when the investment ends
Thanks

maiyee:
Between diamond and access bank, which is best to invest in T.bills? please, its urgent.

NONE

Adegokenath:
NONE

please, what's your reason ?

Gurus how does one go about investing in tomorrow's primary auction? I mean how to draft instructions to the bank asap.

Previously I've always directed my accounts officer to buy in the secondary market at the bank's rate. All this without leaving my house to the banking hall and I intend to stay in my house today.

zinaunreal:
lonely feminist.

Be nice my friend before I open my bazooka on you. Trust me, you don't want that.

zinaunreal:
lonely feminist.

ositadima1:


Be nice my friend before I open my bazooka on you. Trust me, you don't want that.

Bring it on chicken. No be only bazooka. Why dont you and the feminist join hands together and make yourselves happy. Sober dude.

Abeg, make una no carry feminist and no feminist talk enter this thread.

Anybody that wants to talk about feminism and no feminism should go to the family section.

jidobaba:
Gurus how does one go about investing in tomorrow's primary auction? I mean how to draft instructions to the bank asap.

Previously I've always directed my accounts officer to buy in the secondary market at the bank's rate. All this without leaving my house to the banking hall and I intend to stay in my house today.

You will need N50M to buy Tbills in the Primary market...

Secondary market na for us talakawas...and the secondary market can be arranged anytime, anyday and with any amount.

Pls make una no vex......is it true that there would be no TB auctions in December.

feelamong:


You will need N50M to buy Tbills in the Primary market...

Secondary market na for us talakawas...and the secondary market can be arranged anytime, anyday and with any amount.

Bros thanks and noted.

zinaunreal:


Bring it on chicken. No be only bazooka. Why dont you and the feminist join hands together and make yourselves happy. Sober dude.

I am not wasting any of my rockets on you, chicken.

In this age, power is no longer measured by physical strength, but by financial aptitude - who makes the most money gets to wear the pants.

I know it scares you, but as time goes on smarter women will be making more money than their partners, that is capitalism my friend, suck it up.

Goodday to all guru in the house, please i need a help i did invest 5m on Tbill primary market @ 14% annual, the interest i got according to the investment certificate was N802,800 i didnt asked for my interest to be paid over, that means Tbill is with my 5,802,800, how much will i get, when the investment ends
Thanks

Diyke4rich:
Goodday to all guru in the house, please i need a help i did invest 5m on Tbill primary market @ 14% annual, the interest i got according to the investment certificate was N802,800 i didnt asked for my interest to be paid over, that means Tbill is with my 5,802,800, how much will i get, when the investment ends
Thanks

14 percent of 5m is 700k how did u arrive at 800 even if the interest reinvested 579000 excluding charges