Adegokenath:
pls which bank?

unite4real:


N472,200 every 6 months. This will be received 14 times in the course of the 7 years plus your principal at maturity

lancee:
Any info abt today's Tbills rates..Thanks

dipoolowoo:
CBN Raises Rates for 91-day, One-Year T-Bills at PMA
https://businesspost.ng/2019/01/17/cbn-raises-rates-for-91-day-one-year-t-bills-at-pma/

MssRose:
please can someone post the 2019 Q1 tbills calendar. or quote if it has been posted b4. Thanks

TONY56:



From the results of the Treasury Bills auctioned yesterday, it's very obvious that the CBN deliberately refused to allow the rate for the 364-day tenor to be higher than the stop rate of 15% by refusing to sell all the amount they initially put on offer.

If CBN had allowed all the about N193 billion on offer to sail through, the rates would have probably be as high as 18% or more. So to prevent that scenario, they sold only about N119.59 billion instead of the initially offered N193 billion.

It's very interesting too to know that this time around, most subscribers preferred the shorter terms of 91days and 182days to the longer term of 364days probably because of the coming elections as people are trying to be cautious with their investments.

Me thinks that the rate for the 364days is likely to go up in the next 2 weeks.

kristien4:
Is it likely that the rates will begin to drop after the election?

murphyrichy:
I wrote to my bank last week Thursday for me to invest in T-bills, uptill now my account hasn't been debited..fellow nairalanders wen is dis week bidding taking place?

MssRose:
please can someone post the 2019 Q1 tbills calendar. or quote if it has been posted b4. Thanks

TONY56:


It depends on the outcome of the electiolns.

Adiwana:
House,please I have a question.

I have a treasury bill of due date 15th of next month.I
want to invest N20 million the next day.Which one is more profitable. 13.10% @182 days or 15%@364 days.Thanks

TONY56:



From the results of the Treasury Bills auctioned yesterday, it's very obvious that the CBN deliberately refused to allow the rate for the 364-day tenor to be higher than the stop rate of 15% by refusing to sell all the amount they initially put on offer.

If CBN had allowed all the about N193 billion on offer to sail through, the rates would have probably be as high as 18% or more. So to prevent that scenario, they sold only about N119.59 billion instead of the initially offered N193 billion.

It's very interesting too to know that this time around, most subscribers preferred the shorter terms of 91days and 182days to the longer term of 364days probably because of the coming elections as people are trying to be cautious with their investments.

Me thinks that the rate for the 364days is likely to go up in the next 2 weeks.

unite4real:
I will continue to remind all that CBN has learned from the last high interest rate and is better prepared now for speculators. The longer you wait for the 18%, the more you loose money by keeping your funds idle. It will be more painful if while waiting for 18%, rates start to drop after the election. I think if you get a 15% now, pls lock it. When it comes to money, it is a seed and every day counts.

FunmyKemmy:
First Bank gave 13.2% for 322 days. How good is the rate?

FunmyKemmy:
First Bank gave 13.2% for 322 days. How good is the rate?

kemshade:
GM, am still confuse about treasury bill, I went to stanbic bank last week to know about treasury bill, the lady told me to come back on the 15th, I went in the afternoon she said it has close that I should come on the 28th. my question is can't I invest in tb apart from the date cbn brings out the rate, someone pls explain to me in a simple form, thanks. am planning to invest 100k or 200k.

feelamong:


Go to another bank and ask for secondary markets rates

feelamong:


Go to another bank and ask for secondary markets rates

kings11ng:

actually you can go back to that stanbic branch and ask the lady to show you the secondary market rate and if she start talking gibberish just tell her that u will report her to their head office... her brain go reset

shulamitewoman:
someone shld advice me pls..I wrote to my bank on Monday for purchase of tb..till now av not been debited..does it mean it was not successful? Gtb pls