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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4625023 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 adiyemama(m): 11:20am On Jan 21, 2019 |
ONE FULL PLOT OF LAND AT OLOTUN VILLAGE, MOWE NEAR REDEMPTION CAMP. FROM DIRECT OWNER ... @ATTRACTIVE PRICE CONTACT 08079876039, 07069586800 |
Re: Treasury Bills In Nigeria by Diyke4rich: 12:03pm On Jan 21, 2019 |
Barrytone: Link please |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 12:08pm On Jan 21, 2019 |
i beg todays secondary rate at stanbic? can anyone help out 1 Like |
Re: Treasury Bills In Nigeria by Sammyfabulous: 12:08pm On Jan 21, 2019 |
. |
Re: Treasury Bills In Nigeria by eagleeye2: 2:07pm On Jan 21, 2019 |
DrGoodman: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. 1 Like |
Re: Treasury Bills In Nigeria by eagleeye2: 2:09pm On Jan 21, 2019 |
Sammyfabulous:Only you can determine what you actually want. The longer the tenor, the slightly higher the rate. |
Re: Treasury Bills In Nigeria by PhilJames: 2:38pm On Jan 21, 2019 |
Firstbank Secondary Market Rate 255 days- 12.8% 269 days- 13.6% |
Re: Treasury Bills In Nigeria by donshady(m): 3:14pm On Jan 21, 2019 |
PhilJames: 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% |
Re: Treasury Bills In Nigeria by Willie2015: 3:18pm On Jan 21, 2019 |
donshady: Thats my problem with FBN I dont know why they are hiding the 182 days tenors.... |
Re: Treasury Bills In Nigeria by Nnamz(m): 3:43pm On Jan 21, 2019 |
adiyemama: 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 7 Likes |
Re: Treasury Bills In Nigeria by DrGoodman: 6:16pm On Jan 21, 2019 |
eagleeye2: I collect from today o an will submit by monday |
Re: Treasury Bills In Nigeria by DrGoodman: 6:18pm On Jan 21, 2019 |
Just2endowed2: They told me 15 percent. Minus charges |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 6:49pm On Jan 21, 2019 |
DrGoodman:That's for a year? 1 Like |
Re: Treasury Bills In Nigeria by alezzy13: 6:53pm On Jan 21, 2019 |
Sammyfabulous: 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. 1 Like |
Re: Treasury Bills In Nigeria by DrGoodman: 6:58pm On Jan 21, 2019 |
Just2endowed2: Yeah |
Re: Treasury Bills In Nigeria by janga(m): 7:53pm On Jan 21, 2019 |
Gavrelino123: 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 ![]() |
Re: Treasury Bills In Nigeria by Gavrelino123: 8:58pm On Jan 21, 2019 |
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.. |
Re: Treasury Bills In Nigeria by Sammyfabulous: 9:01pm On Jan 21, 2019 |
eagleeye2:thanks |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:09pm On Jan 21, 2019 |
Gavrelino123:they didn't rework the commission the first reversals |
Re: Treasury Bills In Nigeria by Gavrelino123: 9:13pm On Jan 21, 2019 |
ahiboilandgas:Did you experience the same thing.? |
Re: Treasury Bills In Nigeria by Gavrelino123: 9:47pm On Jan 21, 2019 |
janga:Yes,you are correct.....364รท2=182 |
Re: Treasury Bills In Nigeria by dammy222(f): 10:25pm On Jan 21, 2019 |
Investing in Treasury bills is so sweet that one gets so addicted to it 7 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 3:24am On Jan 22, 2019 |
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/ |
Re: Treasury Bills In Nigeria by Nobody: 8:31am On Jan 22, 2019 |
Please what bank the best for investing in Treasury bills. I'm currently using Sterling Bank. Thinking of migrating to first bank |
Re: Treasury Bills In Nigeria by Nobody: 8:31am On Jan 22, 2019 |
dammy222:which bank re u using? |
Re: Treasury Bills In Nigeria by NL1960: 8:40am On Jan 22, 2019 |
4 Likes |
Re: Treasury Bills In Nigeria by teeielts360: 8:42am On Jan 22, 2019 |
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 ". |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:50am On Jan 22, 2019 |
NL1960: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 5 Likes |
Re: Treasury Bills In Nigeria by NL1960: 10:33am On Jan 22, 2019 |
ahiboilandgas: 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. ![]() 7 Likes |
Re: Treasury Bills In Nigeria by joseph1013: 10:34am On Jan 22, 2019 |
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% |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 10:48am On Jan 22, 2019 |
joseph1013: thanks for this highlight |
Re: Treasury Bills In Nigeria by Sun2Jack: 11:03am On Jan 22, 2019 |
Update on Secondary Market at First Bank? |
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