DrGoodman:
I Don miss plenty!

Please the gurus in the house, quick one, if I put N1m in tbills tomorrow in Stanbic and leave it till 1 year, how much will it give me in total. Pls help a brother out before I start thinking of buying another yeye car again.

The last rate for 364 days(1year) was 14.5%
Hence,14.5% of 1,000,000=145,000(less residual charges)
You will get 145,000 per annum Less residual charges........

Gavrelino123:

The last rate for 364 days(1year) was 14.5%
Hence,14.5% of 1,000,000=145,000(less residual charges)
You will get 145,000 per annum Less residual charges........

That's quick. Thank you plenty. Do I get the money #145000 immediately after they accept my money or at the completion(end of the year)?

DrGoodman:


That's quick. Thank you plenty. Do I get the money #145000 immediately after they accept my money or at the completion(end of the year)?

Gavrelino123:

Hapoy sunday...Has GTBANK updated your Treasury Bills online Bank statement.?
Mine hasn't been updated.

no

DrGoodman:


That's quick. Thank you plenty. Do I get the money #145000 immediately after they accept my money or at the completion(end of the year)?

Yes......You get it after a successful bid.

ahiboilandgas:
no

What happened on Thursday should be an eye opener for us all......If by Tuesday i don't get updated,i will request for an investment letter for the transaction.
Kindly keep me posted.

Gavrelino123:

Yes......You get it after a successful bid.

Can I withdraw this money , leaving my main #1m till the maturity? Please enlighten me.

DrGoodman:


Can I withdraw this money , leaving my main #1m till the maturity? Please enlighten me.

you for just ask for a total brief on tbills

zinaunreal:


you for just ask for a total brief on tbills

I am asking oo the way I go take storm stanbic tomorrow morning ehh

DrGoodman:


I am asking oo the way I go take storm stanbic tomorrow morning ehh

This guy don't vex oo . Gud sha.
Am having a strong urge to buy a new car around December too. After I decided to invest in tbills and the money left my account, the urge just disappeared. Suppose I have bought the car instead, I Should have spent more money on the car e.g. plate number, probably new tyre, or I might have even get the car scratched and trying to fix it. Am still managing my old car like that jare. Thanks to this forum

DrGoodman:


Can I withdraw this money , leaving my main #1m till the maturity? Please enlighten me.

please someone should kindly attend to this question.

Keziehenry:

please someone should kindly attend to this question.

Yes you can

michael18:



so,in other words,i-invest does not compound bah??

It does not compound. You can do it yourself by reinvesting the matured ones

Ghost01:
I had a similar experience with an Asset Mgt Coy last year and it was not palatable. Since then, I've been doing my top up with their app and it's been stress-free ever since. An alternative way to credit your wallet on i-invest is e-Billspay. This way, your wallet is credited real-time. No turenchi. You can pay via e-Bills from a branch of your bank or via Internet Banking. I hope this helps.

I always use "pay with debit/credit card" option. My account get credited instantly and i never had transaction issues with i-invest.

please can i invest #300k in tb and if yes, how much should i expect in 180 days.

I read comments that i-invest app is good for people overseas as they do not have to walk into a bank. For those overseas, please ignore these comments. Avoid i-invest. You do not need to walk into a bank to open a bank account, or do treasury bills. I have four Nigerian bank accounts: Zenith, GTB, First, and StanBic, and I did not open any while in Nigeria. I do tbills every two weeks and I have never walked into a bank for that. So you do not need to be in Nigeria, or even be Nigerian to open a bank account or participate in tbills. Again, avoid i-invest to avoid stories that touches the heart; learn from others mistakes. A word (well few words) is enough for the wise.

DrGoodman:
I Don miss plenty!

Please the gurus in the house, quick one, if I put N1m in tbills tomorrow in Stanbic and leave it till 1 year, how much will it give me in total. Pls help a brother out before I start thinking of buying another yeye car again.

1.1m

Apart from first bank, which other bank allows primary market purchase of Treasury bills with less than 50m

yomazon:
Apart from first bank, which other bank allows primary market purchase of Treasury bills with less than 50m

Gtb, Zenith, Access, Diamond, Stanbic all most all the banks.

Hello fam...i just came across this wonderful family. I have 500k..pls what's the best way to invest it

cutedharmee:

Yes you can

Pardon me oo, if one can withdraw his interest once his bid is successful, does that mean one can also use the interest generated to purchase another TB either with same bank or another?

MummyIMadeIt:


Pardon me oo, if one can withdraw his interest once his bid is successful, does that mean one can also use the interest generated to purchase another TB either with same bank or another?

Are you just being a troll or what Read! Previous!! Pages!!!!!!!!

MummyIMadeIt:


Pardon me oo, if one can withdraw his interest once his bid is successful, does that mean one can also use the interest generated to purchase another TB either with same bank or another?

Yes you can use it,is your money.

Is there any minimum amount that could be invested?

Is there any maximum amount that could be invested?

Most banks will accept 100k

MummyIMadeIt:


Pardon me oo, if one can withdraw his interest once his bid is successful, does that mean one can also use the interest generated to purchase another TB either with same bank or another?

Yeeah it's possible to reinvest d interest.

amjustme2:
Most banks will accept 100k

what interest can 100k acrue for one yr please

Good morning guru's in the house please I need advice on government bond, if I invest in government bond for 5years will the interest be paid upfront like treasury bills, does treasury bill have 5years investment plan since it does pay upfront.
Thanks in advance for advice or contributions

N382b Inflows in Maturing T-Bills Likely to Weaken Rates
https://businesspost.ng/2019/01/21/n382b-inflows-in-maturing-t-bills-likely-to-weaken-rates/

Diyke4rich:
Good morning guru's in the house please I need advice on government bond, if I invest in government bond for 5years will the interest be paid upfront like treasury bills, does treasury bill have 5years investment plan since it does pay upfront.
Thanks in advance for advice or contributions

NTB is usually a short term plan. Max you get is 1yr

FG bond? I leave the floor for he who comes after me

Diyke4rich:
Good morning guru's in the house please I need advice on government bond, if I invest in government bond for 5years will the interest be paid upfront like treasury bills, does treasury bill have 5years investment plan since it does pay upfront.
Thanks in advance for advice or contributions

BOND: INTEREST PAID EVERY SIX MONTHS. 5, 7, 10, 15, 20, 25, AND EVEN 30 YEARS BOND AVAILABLE
SAVING BOND: INTEREST PAID QUARTERLY. 2 AND 3 YEARS AVAILABLE AND ROLL OUT EVERY MONTH.

THE INTEREST IS ANNUAL BUT DIVIDED TO EITHER 2 OR 4 A YEAR FOR BOND AND SAVINGS BOND RESPECTFULLY.
TREASURY BILLS HAS MAX OF 364 DAYS BEING A YEAR, SHORTER TENOR OF 91 AND 182 DAYS AND ANY OTHER OTHER AVAILABLE TENOR ON THE SECONDARY MARKET.

THERE IS A BOND THREAD, ASK YOUR BOND QUESTIONS THERE. THIS IS FOR TBILLS.

Barrytone:

BOND: INTEREST PAID EVERY SIX MONTHS. 5, 7, 10, 15, 20, 25, AND EVEN 30 YEARS BOND AVAILABLE
SAVING BOND: INTEREST PAID QUARTERLY. 2 AND 3 YEARS AVAILABLE AND ROLL OUT EVERY MONTH.

THE INTEREST IS ANNUAL BUT DIVIDED TO EITHER 2 OR 4 A YEAR FOR BOND AND SAVINGS BOND RESPECTFULLY.
TREASURY BILLS HAS MAX OF 364 DAYS BEING A YEAR, SHORTER TENOR OF 91 AND 182 DAYS AND ANY OTHER OTHER AVAILABLE TENOR ON THE SECONDARY MARKET.

THERE IS A BOND THREAD, ASK YOUR BOND QUESTIONS THERE. THIS IS FOR TBILLS.

Got the link?