dcolumbus001:
Hello guys please help me check my story

Few days ago I made my interest here on investing into TB.. so because my place is far from GT bank and won't be chanced to the bank in person so I decided to inquire through their email assistant.
The response email sent the name and number of my account manager.
We spoke in phone and when I asked if it's necessary I come to the bank in person for documentation he said not really necessary that I should write a letter for TB request on my account. Scanned and sent to the branch email which he sent the branch email to me.
He also said there do TB booking every two weeks and the last was 12.85% and the next will be next week.
Finally when I aksed of the minimum he said 100k

Please hope everything so far is in track ?

faoogoke:


Yes. You are good to go

ACAN:
Investdata P’Harcourt Chart Summit 2019 Holds Next Week

Attend the Practical Conference on Technical Analysis Application on stock market for novices and Advance Traders, where we would take participants through:
• Understanding the momentum behind current equity movements and when to exit using SIMPLE Technical Indicators and Tools to avoid losing capital and profit.
•Understanding the dynamics of Technical Analysis and its application in stock, currency and bond markets.
•Our team of experts and time-tested resource persons will show you how you too can successfully and confidently trade and invest in stocks profitably on your own, from your phone, laptop and/or Personal Computer.
•Know what Smart Money is doing
•Know what they are buying or selling, and
•How you can buy what they are buying.

The workshop is scheduled as follows:
DATE:April 13. 2019
TIME: 10am – 4.00pm
VENUE:Emerald Hotel, 193, Aba Road Rumuola, Port Harcourt, Rivers State.

This Summit is designed specifically for those who:
•Jump off profit position out of fear
•Suffer indecision in pulling the trigger for fear of sustaining a loss
•Holding on to losing positionsfor fear of realizing a potential loss
•Trading often leads into unplanned trades for fear leaving money on the table
•Do small trade size or invest small amounts because you’ve just suffered huge loss, or
•Plan to increase your position size to make up for past losses
This practical workshop is for novice traders, investors, professionals and fund managers who want to overcome fear and improve their trading performance. The workshop is basically on practical charting on evidence-based techniques that is working in today market, just as the power of focused trading and investing strategies to help participants build mental skills and turn fear into profits, besides protecting capital.

Registration is ongoing
https://investdata.com.ng/2019/04/investdata-pharcourt-chart-summit-2019-holds-next-week/

Pesb:




I hope the video CD of the workshop will be available shortly after ?

I attended the Abuja program.....it was awesome


But PH is too far for me.


How can I reach you for the video CD of portharcourt later? Cheers

hustla:
Hi everyone,

- Is it possible to find a bank that'd do tbills for me for me for 31 days? Or that can only be found in MMF?

- If so, what are the MMF rates like?

- I understand that MMF doesn't pay upfront like TBs.. So how do they pay?

Please advise

Apologies for the newbie questions

Thank you
Thank you

dcolumbus001:
I really need to understand something here... if I buy a TB at 12% for 364 days, Now my misconception is this

Is it a one time interest rate that is calculated on my investment
Or the 12% is calculated monthly on my capital till the maturity time

Lxdd:

It's calculated once. The interest rate is per annum.

Mfunkynation:
does Uba have TB form or just hand written application? who has a copy of Uba TB form?

Bravedude112:
FIRST BANK SECONDARY MARKET RATE APRIL 08 2019:

157 days. 12.40%
178 days. 11.85%
185 days. 12.00%
192 days. 12.15%
199 days. 12.20%
206 days. 12.20%
234days. 12.20%
241days. 12 45%

HenryWilliams:


There's a form you'll fill. UBA doesn't reinvest interest.

Pascopele:
UBA secondary market rate as at Today.

Lets try to ask from other banks too.



Tenor (days) Discount Rate (%)
80 10.40%
150 12.05%
178 12.10%
220 12.15%
255 12.20%
297 12.45%
346 12.50%
360 12.65%

Pascopele:
says who?

hustla:
Hi everyone,

- Is it possible to find a bank that'd do tbills for me for me for 31 days? Or that can only be found in MMF?

- If so, what are the MMF rates like?

- I understand that MMF doesn't pay upfront like TBs.. So how do they pay?

Please advise

Apologies for the newbie questions

Thank you
Thank you

Pascopele:

Answers
1. can only be found in MMF not Tbills
2. Check the mutula fund thread
3. MMf pay after your investment has matured

hustla:
Hi everyone,

- Is it possible to find a bank that'd do tbills for me for me for 31 days? Or that can only be found in MMF?

- If so, what are the MMF rates like?

- I understand that MMF doesn't pay upfront like TBs.. So how do they pay?

Please advise

Apologies for the newbie questions

Thank you
Thank you

Bravedude112:
Standard Chartered bank can do 31days just that the rate will be very poor,around 8%

Grupo:


Johnime, you better go back to your pimping business and stop misinforming people here.

Pascal2016:
I went to First Bank today to make inquiry about TBil (Primary Market to be precised) and the person in charge told me to fill the form for it and the money in my account will be deducted immediately but it can only start counting from next week Wednesday being 17/04/2019 when the TBil will be available.

My question is, is this how TBil works?
I thought it can only be deducted on that said Wednesday?
Is the guy really truthful or is he trying to use the money for business first or what?
Please can someone address this issue for me because i am confuse. Didn't fill the form though.

Desanta:


That is how FBN opetates.
That is why i wait till friday before going to the bank to apply.

OgogoroFreak:
Gtbank today

bobeefc:


please how is this % calculated. my gtb account officer said it is calculated per annum. i did 500k for 114 days @ 10.25 and only got about 16k+. please is this correct

bobeefc:


please how is this % calculated. my gtb account officer said it is calculated per annum. i did 500k for 114 days @ 10.25 and only got about 16k+. please is this correct

Nnamz:
Yes Ma'am it is correct. 500,000 * 0.1025 per cent = 51,250
51,250 divided by 364 days is 140.796......
140.796..... times 114 days is 16,050.824175.....
Remember that interest in per annum, that's why I divided the interest by 364 days, and multiplied it by 114 days.
MODIFIED: Also please read previous pages of this thread like Ogogoro (which kin name be that sef) stated above