ONE FULL PLOT OF LAND AT OLOTUN VILLAGE, MOWE NEAR REDEMPTION CAMP. FROM DIRECT OWNER ... @ATTRACTIVE PRICE CONTACT 08079876039, 07069586800

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.

Link please

i beg todays secondary rate at stanbic? can anyone help out

.

DrGoodman:


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

Going by the 145,000 interest. Your bank will debit your account of 855000, leaving the 145,000 interest for you.
At maturity, your account is credited with 1,000,000
Hope you have already invested by now.

Sammyfabulous:
Hi everyone, pls what duration would be best for investing 4M

Only you can determine what you actually want. The longer the tenor, the slightly higher the rate.

Firstbank Secondary Market Rate

255 days- 12.8%
269 days- 13.6%

PhilJames:
Firstbank Secondary Market Rate

255 days- 12.8%
269 days- 13.6%

Same thing i got from them for secondary market i rejected it and i will wait for the primary market auction. Next week at least 14.5-15%

donshady:


Same thing i got from them for secondary market i rejected it and i will wait for the primary market auction. Next week at least 14.5-15%

Thats my problem with FBN

I dont know why they are hiding the 182 days tenors....

adiyemama:
ONE FULL PLOT OF LAND AT OLOTUN VILLAGE, MOWE NEAR REDEMPTION CAMP. FROM DIRECT OWNER ... @ATTRACTIVE PRICE CONTACT 08079876039, 07069586800

See! It's like you need real panabeating to reset your eyes so that you can see that this is a thread for tbills. Move your stupid land advert to land thread

eagleeye2:

Going by the 145,000 interest. Your bank will debit your account of 855000, leaving the 145,000 interest for you.
At maturity, your account is credited with 1,000,000
Hope you have already invested by now.

I collect from today o an will submit by monday

Just2endowed2:
i beg todays secondary rate at stanbic? can anyone help out

They told me 15 percent. Minus charges

DrGoodman:

They told me 15 percent. Minus charges

That's for a year?

Sammyfabulous:
Hi everyone, pls what duration would be best for investing 4M

I think it's better you lock it in for the max period (1yr) to take full advantage of d current high of 15%, largely brought about by election spending

The thinking is that post election, rates may likely fall.

Just2endowed2:


That's for a year?

Yeah

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........

well if this is really how 364days tenor is calc, then i will lock for 1yrs by next month feb in Gtb. let me say if someone invested 60mill for 364days at 14.8% that will be 60,000,000 x 14.8% = 8,880,000 minus Bank Charge!

i hope i got it right? because normally i got half percentages of 364days tenor while lockin in 182days tenor

Good evening investors..
GTBANK seems to be having serious technical issues with their treasury bills unit........I was credited and Debit today again by 7:25pm with the same amount i invested last week Auction.....Does anyone have any similar experience.?
What is really happening..?
Even my online bank statement is yet to be updated with my invested capital..

eagleeye2:

Only you can determine what you actually want. The longer the tenor, the slightly higher the rate.

thanks

Gavrelino123:
Good evening investors..
GTBANK seems to be having serious technical issues with their treasury bills unit........I was credited and Debit today again by 7:25pm with the same amount i invested last week Auction.....Does anyone have any similar experience.?
What is really happening..?
Even my online bank statement is yet to be updated with my invested capital..

they didn't rework the commission the first reversals

ahiboilandgas:
they didn't rework the commission the first reversals

Did you experience the same thing.?

janga:


well if this is really how 364days tenor is calc, then i will lock for 1yrs by next month feb in Gtb. let me say if someone invested 60mill for 364days at 14.8% that will be 60,000,000 x 14.8% = 8,880,000 minus Bank Charge!

i hope i got it right? because normally i got half percentages of 364days tenor while lockin in 182days tenor

Yes,you are correct.....364÷2=182

Investing in Treasury bills is so sweet that one gets so addicted to it

Yields Lose 0.04% on Offshore Interests in Short-Dated T-Bills
https://businesspost.ng/2019/01/22/yields-drop-0-04-on-offshore-interests-in-short-dated-t-bills/

Please what bank the best for investing in Treasury bills. I'm currently using Sterling Bank. Thinking of migrating to first bank

dammy222:
Investing in Treasury bills is so sweet that one gets so addicted to it

which bank re u using?

dammy222:
Investing in Treasury bills is so sweet that one gets so addicted to it

It is like Bet9ja.

Sup Guys.
I have a little enquiry I need to confirm up here, and it's about the bank charges attached to investing in tbills regardless of whether it's in the primary or secondary market.

Based on multiple successful tbill tenders I've done, both in the primary and secondary market over time, specifically with stanbic IBTC, I've come to the conclusion that the standard bank charges for investing in tbills with STANBIC are:

TRANSACTION FEE(standard flat fee)
Primary market : 315Naira
Secondary market :300Naira.

COMMISSIONS (standard flat fee)
Primary market : 100Naira
Secondary market : Non

SAFE KEEPING FEE
This, I know nothing of how they come about the figures.

Though not significant enough to lodge complains about, they do not correlate with the 0.125% concept.

Let's take the "CONFIRMATION OF INVESTMENT " @C505 posted up here on page 674 as an example.

The 0.125% rule doesn't work here at all.
If you make it a percentage of the "Face Value", "Discounted Value" or even the "Interest Paid Upfront ".
Non works.

I would like to get clarification on this, as my research and calculations so far seem to have failed me because, at any point I purchase tbills, the total sum of charges deducted is still significantly less than 0.125% of anything.

NB: I have tried out the Tbills Calculator. It's pretty impressive but doesn't answer the questions I seek.
Even the calculator says "charges varies and are not 100% accurate ".

NL1960:


It is like Bet9ja.

really how ?u don't work for the capital invested or what ,the real return it very low compare to a successful bussiness ...go to market and ask all those ibo trader if they will put 1 million naira to earn 14 k monthly they go swear for u....tb is just like savings ,battle against inflation and devalution and for persons working or don't have time for bussiness or don't want any headache

ahiboilandgas:
really how ?u don't work for the capital invested or what ,the real return it very low compare to a successful bussiness ...go to market and ask all those ibo trader if they will put 1 million naira to earn 14 k monthly they go swear for u....tb is just like savings ,battle against inflation and devalution and for persons working or don't have time for bussiness or don't want any headache

The sky is big enough for every bird to fly. There are some birds that take the risk of flying 7000km to go and get good returns and there are others that will not take such risk but will be content with the small chop they get where they are.

Btw, go and ask Dangote or Otedola if he will be content with earning the money the ibo trader earns from market and he go swear for you. Also go and ask the agbero on a Lagos road why he is not in the market as a trader. .

joseph1013:
Today's secondary market rates at Stanbic IBTC

02 May 19 | 100 days | 11.75%
17 Oct 19 | 268 days | 13.90%
09 Jan 20 | 352 days | 14.20%

thanks for this highlight

Update on Secondary Market at First Bank?