feelamong:
The amount of liquidity in the market is something else.

These politicians really brought out some big cash sha..

CBN OMO Auction was crazy today. over N1.2Tr chasing the N927B CBN had to offer.

One year closed at 14.3%

expect lower discount rates in the coming days....unless CBN starts sensing that FPIs that bring in dollars are no longer doing well again..

unite4real:


I am not comfortable with moody's rating of B2 for that bond. I jump am pass.

ahiboilandgas:
pls where did this money come from ...is it foriegn inflow converted to naira for election find it way to money market or hidden naira within nigeria

tundebasic:
See as rates dey crash!

dejiotus:


GT bank secondary market for today

189 days- 12%, 273 days- 12.5%, 357 days- 13%

unite4real:


They have concluded.

triol80t:


Please where did they credit your allotment. I mean have they credited your cscs account.

carbon1224:
Any deduction from Gtb yet cos no sign yet

Awesomemama:


Gtb bid failed. Got a mail from my account officer

189days 12.00%

273days 12.50%

357days 13.00%
Secondary market


Nawaa oh! No wonder I've not been debited till now.

unite4real:


I got Allotment advice email from Lotus capital on December 24 but I have been checking my cscs account with Afrinvestor.com but I have not seen it there.

Awesomemama:


Gtb bid failed. Got a mail from my account officer

189days 12.00%

273days 12.50%

357days 13.00%
Secondary market

HenryWilliams:


Really? Without informing u prior?

michealekene:

I'm hearing Gtb bid failed from an internal source.

zamirikpo:
My 364day application did not go thru, my account office called yesterday to apologize. I don't expect the secondary market to be any better with rates but I will see what they have on offer today. Rates maybe on a free fall.

I hear the stock market is also on a free fall, what could be the reason?

dexla:
Why are people not investing with investment firms or am I missing something ?
Got the following rates today in secondary market with Meristem investment

10.7% for 91 days
12.801% for 182 days
14.17 % for 364 days

dexla:
Why are people not investing with investment firms or am I missing something ?
Got the following rates today in secondary market with Meristem investment

10.7% for 91 days
12.801% for 182 days
14.17 % for 364 days

TotoNaRubber:

As much as there are testimonials about well doing investment houses, commercial banks are more backed up by the CBN.

I recently went in search of a company "Jos Breweries" i invested in back in the early 90s, the certificates i had said 55 broad street lagos but i searched through broad street for an hour and there was no sign of them anymore. I am only left certificates and not even the capital or interests.

zamirikpo:
My 364day application did not go thru, my account office called yesterday to apologize. I don't expect the secondary market to be any better with rates but I will see what they have on offer today. Rates maybe on a free fall.

I hear the stock market is also on a free fall, what could be the reason?

feelamong:


Jos breweries used to listed on the stock market. I think you should be talking with your stock brokers and not the company. The stock brokers can reach their registrars for you..(If the coy is still listed on the stock exchange) help you to dematerialise the certs and then help you to sell it.

Infinitisi:


Well I guess it is a combination of 2 factors.

1. A lot of people are more familiar and comfortable dealing with banks.

2. Many of those who invest in Tbills alone are risk averse investors and as such have never been exposed to other investment options the type offered by investment houses. So they do not know or understand the services you can get from these investment houses.

My opinion please.

dexla:


Totally agree with you. I'm just wondering what's the worst that could happen, I mean, its same tbills my money is being invested.