Stats: 3,191,132 members, 7,943,082 topics. Date: Sunday, 08 September 2024 at 03:50 AM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4625388 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)
(1) (2) (3) ... (739) (740) (741) (742) (743) (744) (745) ... (2262) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by Nnamz(m): 11:48pm On Mar 28, 2019 |
RealityShot:Who else read that as "between" and not "by the way" lol 1 Like |
Re: Treasury Bills In Nigeria by Nnamz(m): 11:50pm On Mar 28, 2019 |
needful:Please don't waste your 70 bucks. That's thousands of Naira. Read my response to the same question in previous page (last post I think) |
Re: Treasury Bills In Nigeria by GonFreecss1: 7:34am On Mar 29, 2019 |
RealityShot: Lol! I do hope people shine their eyes. Their system is not transparent enough, it doesn't make sense. |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 9:39am On Mar 29, 2019 |
GonFreecss1: but government made it mandatory for workers in established private sector |
Re: Treasury Bills In Nigeria by dipoolowoo: 9:40am On Mar 29, 2019 |
T-Bills Yield Settles at 13% on Absence of OMO Auction https://businesspost.ng/2019/03/29/t-bills-yield-settles-at-13-on-absence-of-omo-auction/ 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 10:30am On Mar 29, 2019 |
Just2endowed2: We are talking of those not mandated. ![]() |
Re: Treasury Bills In Nigeria by dotcomnamename: 11:59am On Mar 29, 2019 |
Toyyn: Most likely |
Re: Treasury Bills In Nigeria by Rijo02: 12:39pm On Mar 29, 2019 |
Nnamz: Hmmmm! Interesting! I actually asked a lawyer friend in Nigeria who notarized the document for me and I sent it to Stanbic. I actually sent in a secondary market TB instruction alongside the indemnity form. However, the bank did not honor my TB instruction as they said that the form must be notarized where I am located. I paid another $50 yesterday for indemnity form to get my account ready for transactions. I usually invest for 364 days tenor but after the failed bids by GTB coupled with the drop in stop rates, I just want to monitor what happens in the next few months by investing in short tenors (I just sent instructions for 34 days at 9.25%). Not that great, but I just want to hedge against uncertainty. 1 Like |
Re: Treasury Bills In Nigeria by davit: 12:43pm On Mar 29, 2019 |
These are the bills on offer today on the GTB Secondary market: 20-Jun-19 (83 days) at 10.20% 26- Sep-19 (181 days) at 12.00% 27-Feb- 20 (335 days) at 12.30% 7 Likes |
Re: Treasury Bills In Nigeria by Rijo02: 1:09pm On Mar 29, 2019 |
davit: Nice rates. I just wasted my money fixing my account with Stanbic. I would have stayed with my GTB oo. Lesson: Please compare all your banks rates before trading with one so you don't feel bad afterwards. @davit, please is there a way other than asking your account officer how someone can see the secondary market rates of different banks? |
Re: Treasury Bills In Nigeria by needful: 4:16pm On Mar 29, 2019 |
davit: They gave me same rate too. I quickly lock in for 83days |
Re: Treasury Bills In Nigeria by Nobody: 5:12pm On Mar 29, 2019 |
First Bank secondary market rate for today
|
Re: Treasury Bills In Nigeria by RealityShot: 6:09pm On Mar 29, 2019 |
Just2endowed2:what do you mean by "established"? |
Re: Treasury Bills In Nigeria by Toyyn: 7:34pm On Mar 29, 2019 |
Thanks. |
Re: Treasury Bills In Nigeria by isangjohnson: 7:45pm On Mar 29, 2019 |
I haven't seen 38 days tenor. I was relly interested in it. |
Re: Treasury Bills In Nigeria by carik(m): 11:35pm On Mar 29, 2019 |
After many attempts, i locked money in gtb at rate of 10.75, my question is when it will mature, monthly or when it reaches tenor date |
Re: Treasury Bills In Nigeria by Elektra008(f): 1:23am On Mar 30, 2019 |
Bluecollarguy: Zenith |
Re: Treasury Bills In Nigeria by Elektra008(f): 1:26am On Mar 30, 2019 |
Rijo02: Zenith has cool rates also with seamless diaspora account opening 3 Likes |
Re: Treasury Bills In Nigeria by Donbrig: 8:38am On Mar 30, 2019 |
Zenith is pretty good, probably the best when it comes to non-resident accounts, their technology remains the best, as long as banking sector is concerned in Nigeria. |
Re: Treasury Bills In Nigeria by Nobody: 3:11pm On Mar 30, 2019 |
I browsed Zenith Bank website, couldn't find any link/icon for opening a Non-Resident/Diaspora account. Anyone care to paste a link here or some information on how to open the aforesaid account with Zenith Bank? Thanks in advance... |
Re: Treasury Bills In Nigeria by Donbrig: 3:30pm On Mar 30, 2019 |
Bluecollarguy: Go to Zenithbank website and enter their customer service 24/7 online chat, ask your question on how best to open a diaspora account, they will guide you accordingly. Very easy and secured. |
Re: Treasury Bills In Nigeria by partnerbizz4: 4:29pm On Mar 30, 2019 |
zamirikpo: [b] Is Fisher's effect really correct? HOW DOES THE INFLATION AFFECT US PRACTICALLY? Acceptance fee in most unis have been static. 25k in UNN since 10 years. Law school fees have been 295k since 5 years. Most house rents have not been reviewed upward since 5 years. They have been static. Recharge card has been 100 naira since many years. Bottle water has been 100 naira since many years. In fact, phone and car prices have reduced in the past 1 year. A painter of garri is now 400 as against 1k two years ago. Where do we have a practical effect of the inflation? See this instance: NOW If I have 300k to pay for Law School fees for my sister next year, I can do tbills at 10% and get 330k (minus charges). Going by inflation rates being at 11%, it means I lost 1% since I did tbills at 10%. . BUT in reality, by next year I will have 330k, pay same 300k law school fees and use 30k to buy Nkwobi! Did Fisher's effect apply here? NO!. I lost nothing but gained 10%, despite the much touted fisher's inflation effect. At any rate, I don't trust Nigerian Bureau of Statistics on their reports. 9 Likes |
Re: Treasury Bills In Nigeria by jidobaba(m): 5:35pm On Mar 30, 2019 |
Guys are our TBills safe with GTBank? With the Innoson judgement and all the panic that is building. I don't have my certificates since I have never physically made requests at the branches. |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 5:53pm On Mar 30, 2019 |
jidobaba:Your tbills is as safe as your money in the bank. |
Re: Treasury Bills In Nigeria by jidobaba(m): 6:09pm On Mar 30, 2019 |
OgogoroFreak:Great thanks. But gtbank dropped the ball on this one. What were they thinking? Corporate foolishness. |
Re: Treasury Bills In Nigeria by CompareDBest: 7:31pm On Mar 30, 2019 |
Rijo02:This link has some other commercial bank tbills rates and what date they were available: http://comparedbest.com/ng/best-nigerian-treasury-bill-rates.html 1 Like |
Re: Treasury Bills In Nigeria by OvaSabi1(f): 8:22pm On Mar 30, 2019 |
partnerbizz4: You have a point because I too believe that those NBS guys just do guess work. It's just that you cannot really measure inflation with public service institutions like law school. It is the government who is bearing the weight. Like foreign exchange and the CBN pumping in money every now and then. You can't tell especiall with Federal service institutions. Look at State and private Universities for the full effects. Again, with the other commodities you mentioned, I will guess that economies of scale have helped them sustain production levels. If mtn had 1 million subscribers 5 years ago and 2 million this year, it will be selfish to increase recharge card prices. And mind you, the government ( or NBA) is borrowing heavily to sustain that law school fees at 295k. When the debt hook them too much they will increase it. |
Re: Treasury Bills In Nigeria by biznus: 9:03pm On Mar 30, 2019 |
All this Nigerians in diaspora, please leave TBN for us nah... How am I not sure you guys aren't the one crashing the rates with all your heavy hard currencies... 4 Likes |
Re: Treasury Bills In Nigeria by Zinny18: 9:13pm On Mar 30, 2019 |
Please oo, what is happening? What did you hear about GT bank? jidobaba: |
Re: Treasury Bills In Nigeria by Agbaletu: 9:22pm On Mar 30, 2019 |
biznus:Lol |
Re: Treasury Bills In Nigeria by Guruindahouse(m): 11:17pm On Mar 30, 2019 |
zenith rate is not so good at all. Last time, I got 12.0℅ for 183days. Elektra008: |
Re: Treasury Bills In Nigeria by Guruindahouse(m): 11:19pm On Mar 30, 2019 |
The link is not working. CompareDBest: |
(1) (2) (3) ... (739) (740) (741) (742) (743) (744) (745) ... (2262) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 43 |