davit:
Secondary market rate today at Stanbic.

skyangel:


Thanks for this update. Thank God i didn't go to Stanbic today.

Gtb got sweet rates today

84 days 10.85%
175 days 13%
357 days 14.75%

davit:
Let's keep having posts like this. When we go to banks for updates, let's post same here for others to know what's going on. .

HenryWilliams:
Evening y'all
I just opened a stanbic ibtc account today in anticipation of getting 364 day TBs on Wednesday. Just after opening, I asked the pretty customer care lady if they re-invest the interest.. She said NO. I was a bit shocked because I read it somewhere here that FBN and Stanbic allows such. She however clarified that Secondary Markets interests are re-investible but not Primary Market.
Now my dilemma. Should I go on with the



transaction on Wednesday knowing they won't reinvest?

skyangel:


Thanks for this update. Thank God i didn't go to Stanbic today.

Gtb got sweet rates today

84 days 10.85%
175 days 13%
357 days 14.75%

REDDEVILS1:
Can we have a telegram group for updates on Tbills

skyangel:


Thanks for this update. Thank God i didn't go to Stanbic today.

Gtb got sweet rates today

84 days 10.85%
175 days 13%
357 days 14.75%

OgogoroFreak:
The updates here not enough?

Amypriti:
I went to GTBank and subscribed for the 357 days @ 14.75... Was told to write a letter directing to GTBank branch manager which I did.. Pls I want to confirm if this is how it was for you unlike Stanbic , I'm given a form to fill.

Akerewe:
if av seeing this av would have port to gtbank instead of stanbic though 4k.5 dfrent.
thanks

skyangel:
Yes it's so in Gtb. Stanbic makes theirs easier with form to fill

donshady:


Look at this ladies running Tbills. So amazing. Bravo

OgogoroFreak:
Na ladies invest pass nah. They always getting free money from us.

TotoNaRubber:
haha you want people to generate views for your fiverr account, see your okpolo head

OgogoroFreak:
Na ladies invest pass nah. They always getting free money from us.

eghos24:
Do you have account with both banks

diamond88:
Hmmm after elections shock, what might be the new rate for tb

zamirikpo:


U spoke my mind here....if bubu wins things may likely remain the same but with atiku who knows

donshady:


Look at this ladies running Tbills. So amazing. Bravo

needful:


Am already in Canada and I travelled thru that means 3yrs ago. You can also look into provincial nomination to buttress ur point. Provinces like Nova Scotia, Prince Edward Island, New Brunswick, and Ontario will nominate you if u fall within their required occupation in demand. I forgot to add Saskachewan. Moving to Canada is the best thing ever. Best decision for me so far. Alot of jobs, peace of mind etc. Plus you will make money if you have an eye for a biz.

ahiboilandgas:
if atiku win rate will drop....why because atiku will float the naira and naira will find it market value with the 75 percent chances of it moving to 340 ....this will encourage more dollar investment to the bond and treasury bill market flowing inward cos a major risk (forex risk) is out of the equation ..with ober subscribed tb rate will go down..and he might lift the ban of other items like rice and allow private depot to import pms against only nnpc and also open land borders with cheap import coming in ...food inflation will go down and liquidity challenge will be low forcing cbn to cut rate in favor of the real sector to access loan...in the end atiku presidency will lead to lower t.b rate ....while pmb will keep rate at 15 cos he not willing to change any of his economic fundamental......atiku must cut rate to ginger leading to the private sector...
Bank can't give loan to bussiness when 15 percent risk free is there but if rate drops to 8 percent they are force to take risk at 25 percent to remain viable....hp am making sense....am a street economist and self educated one..

I agree to all the above but on the Floatation ...Nah...Not possible.. if naira s float ..fx rate to a naira will move n500-n700...the reason why it still 360 is because CBN is still injecting almost $ 200 M into the system every week or 2 weeks..now imagine if cbn stop ?


The first step to float the currency is to reduce foreign consumption/ importation and improve more on exportation

ahiboilandgas:
if atiku win rate will drop....why because atiku will float the naira and naira will find it market value with the 75 percent chances of it moving to 340 ....this will encourage more dollar investment to the bond and treasury bill market flowing inward cos a major risk (forex risk) is out of the equation ..with ober subscribed tb rate will go down..and he might lift the ban of other items like rice and allow private depot to import pms against only nnpc and also open land borders with cheap import coming in ...food inflation will go down and liquidity challenge will be low forcing cbn to cut rate in favor of the real sector to access loan...in the end atiku presidency will lead to lower t.b rate ....while pmb will keep rate at 15 cos he not willing to change any of his economic fundamental......atiku must cut rate to ginger leading to the private sector...
Bank can't give loan to bussiness when 15 percent risk free is there but if rate drops to 8 percent they are force to take risk at 25 percent to remain viable....hp am making sense....am a street economist and self educated one..

tritritri:



I agree to all the above but on the Floatation ...Nah...Not possible.. if naira's float ..fx rate to a naira will move n500-n700...the reason why it still 360 is because CBN is still injecting almost $ 200 M into the system every week or 2 weeks..now imagine if cbn stop ?


The first step to float the currency is to reduce foreign consumption/ importation and improve more on exportation

ahiboilandgas:
wrong if naira is floated ,it leads to more inflow of dollars from portfolio investors ...currently cos of the fixed regime 30 bn dollars that should have come in to Nigeria is stalled...this sum if unlock can crash the rate by 20 percent...the cbn is the main source of forex cos all international transfer earning is ware house in cbn and use to feed the dollars demand

ahiboilandgas:
wrong if naira is floated ,it leads to more inflow of dollars from portfolio investors ...currently cos of the fixed regime 30 bn dollars that should have come in to Nigeria is stalled...this sum if unlock can crash the rate by 20 percent...the cbn is the main source of forex cos all international transfer earning is ware house in cbn and use to feed the dollars demand