hello house, i did tbills for the first time, i asked my bank for my tbills certificate so i can use it for official purpose , but i was sent a document to my mail. can i use that document as the certificate? shouldnt tbills certificate be stamped or something for official purposes?:

T-Bills Yields Shed 0.07% Amid Inflows from OMO Maturities
https://businesspost.ng/2019/06/21/t-bills-yield-sheds-0-07-amid-inflows-from-omo-maturities/

Grupo:
Let's ignore the mad man above me!!!

Abi.........

I can only sense frustration......

ahiboilandgas:
as investors is not better u info us where to invest for higher returns in pmb govt...

He said we should ask PDP...

zamirikpo:


He said we should ask PDP...

Yes, we all know the people that brought us to where we are today. PDP = corruption

Fire burn fire burn all the enemies of Nigeria fire burn!
Fire burn fire burn Una!

Thanks to the good people here my first treasury bills went well. The money sweet o...
Thanks for not eating alone like those people I mentioned before. Left to them, they won't want this thread to be in the public domain.
My special thanks to Seun the Founder of Nairaland, the Moderator, the creator of this thread and the resourceful gurus here.
The feeling of waking up to see alert that is more than one year minimum wage can't just be covered up...this one na awoof money now. That my savings will be used for another treasury bills.

Investor want good return on their investment ,but to have good return less people must know about tb investment his cos a situation few naira chase bid which lead to bid spike up......this captilasim not Charitism.....they cbn is happy that that people are becoming inform this drop rate they pay ....example 12 bn naira offer 120bn subscrib if it continues rate will drop to 7 ....they fix deposit will look good in some shaky bank .....

now for ever one person u tell about treasury bills and he successful invest ....it affects in directly will dropping rate and crowding of the markets .....dangote don't go about telling people to build cement factory cos it affect the sale volume and market share ...if all Nigerians start putting money in tb .....u will bid 10 time without getting......please this capitalism......

Pascopele:
While you were asleep, many people died overnight. If you're reading this, just go ahead and type "Thank you GOD".

check the companu status on this page:
..

https://companycheck.co.uk/company/02634282/BAOBAB-HOLDINGS-LIMITED/companies-house-data

Thank you Almighty God!

Kdamnhot:
hello house, i did tbills for the first time, i asked my bank for my tbills certificate so i can use it for official purpose , but i was sent a document to my mail. can i use that document as the certificate? shouldnt tbills certificate be stamped or something for official purposes?:

Yes.if the documents states the necesarry info eg the amount, tenure, rate etc...............guessed is secondary market

There where few rental apartment in my Neigbour hood ...mostly residential house so few of us with rentable property made cool money from rent ...a bq was 500 k with i beg .....suddenly info spread a rich man sold his very big land and people starting building block of flat .....execeed demand .....my bq rent drop from 500 to 330 .....my tenant they even pay installments.....same with tb

ahiboilandgas:
There where few rental apartment in my Neigbour hood ...mostly residential house so few of us with rentable property made cool money from rent ...a bq was 500 k with i beg .....suddenly info spread a rich man sold his very big land and people starting building block of flat .....execeed demand .....my bq rent drop from 500 to 330 .....my tenant they even pay installments.....same with tb

but there is nothing one can do about not letting people know of what you do especially in this digital age, either you like or not info would spread. Am on online almost 15hrs of of 24hrs in a day so it will almost be impossible for me not know what is going on in the world of investment i dont even need any one to tell me cos after God, info is what one need to succeed in the digital age.

aremso:



but there is nothing one can do about not letting people know of what you do especially in this digital age, either you like or not info would spread. Am on online almost 15hrs of of 24hrs in a day so it will almost be impossible for me not know what is going on in the world of investment i dont even need any one to tell me cos after God, info is what one need to succeed in the digital age.

u are investing time....people that search will know

aremso:



but there is nothing one can do about not letting people know of what you do especially in this digital age, either you like or not info would spread. Am on online almost 15hrs of of 24hrs in a day so it will almost be impossible for me not know what is going on in the world of investment i dont even need any one to tell me cos after God, info is what one need to succeed in the digital age.

that why cbn move it to 50 m to bid directly and some banks 1 m .to safe guard the profitability

PLease house how do I calculate the rate at which my tbills was sold. I bid for 1.5M for 6months. I got an upfront interest of 107k. @Gtb

Euchey:
PLease house how do I calculate the rate at which my tbills was sold. I bid for 1.5M for 6months. I got an upfront interest of 107k. @Gtb

107k x 2 = 214k
..214k /1.5m = 0.143
..0.143 x 100 = 14.3%
..
looks quite unusual.

Euchey:
PLease house how do I calculate the rate at which my tbills was sold. I bid for 1.5M for 6months. I got an upfront interest of 107k. @Gtb

It is good to know it. In my own case, I am not worried how they gave me 410k with sum fractions as upfront interest for one year. I did not even do anything, no single sweat came out of my body to get this awoof money. What if i go to the bank and they say they mistakenly paid me the interest and I should return part of it...ko jo rara! I am cool with this money that I did not work for.

Jobac:

It is good to know it. In my own case, I am not worried how they gave me 410k with sum fractions as upfront interest for one year. I did not even do anything, no single sweat came out of my body to get this awoof money. What if i go to the bank and they say they mistakenly paid me the interest and I should return part of it...ko jo rara! I am cool with this money that I did not work for.

Oga, na this kain mentality dey make person spend the interest anyhow assuming that he didn't work for it instead of compounding the interest again so as to reach his/her financial goals in time.

Jejebabaa:


Oga, na this kain mentality dey make person spend the interest anyhow assuming that he didn't work for it instead of compounding the interest again so as to reach his/her financial goals in time.

I have to quickly read up what it means and I found out that it means "interest on interest". Don't mind me, mathematics or arithmetic is not my friend, in fact, if i see x/y or y/x I just don't know what x is doing over y. I should reinvest this money to get another interest? You see what I am saying now, this my big brother just open my brain. I don dey think this weekend ma loud gan. I will add it to my savings and do another one. Thank you sir and all the people that have been commenting on this thread.

Euchey:
PLease house how do I calculate the rate at which my tbills was sold. I bid for 1.5M for 6months. I got an upfront interest of 107k. @Gtb

That's your luck.....pls wats d current rate of TB now?

murphyrichy:
That's your luck.....pls wats d current rate of TB now?

It is not his luck, sometimes bank officials do invest on available tenor on secondary market and disregard your requested tenor. He should request for his certificate of investment or visit his bank for more details.

Jobac:

I have to quickly read up what it means and I found out that it means "interest on interest". Don't mind me, mathematics or arithmetic is not my friend, in fact, if i see x/y or y/x I just don't know what x is doing over y. I should reinvest this money to get another interest? You see what I am saying now, this my big brother just open my brain. I don dey think this weekend ma loud gan. I will add it to my savings and do another one. Thank you sir and all the people that have been commenting on this thread.

You can open an MMF account and put the money there and continue to add to it every now and then and when it has reached a good level, you move it to TBs again. MMF interest rate is close to TBs rate but it is not upfront interest like TB.

Btw, if those your guys for area ask you wetin go happen this weekend as per weda una go 'smash those babes as per usual', just tell them say you don repent and that you dey go fellowship for this weekend.

Childish.........

Jobac:

I have to quickly read up what it means and I found out that it means "interest on interest". Don't mind me, mathematics or arithmetic is not my friend, in fact, if i see x/y or y/x I just don't know what x is doing over y. I should reinvest this money to get another interest? You see what I am saying now, this my big brother just open my brain. I don dey think this weekend ma loud gan. I will add it to my savings and do another one. Thank you sir and all the people that have been commenting on this thread.

Lol.
Dnt b a layman. Dig deeper.

RealityShot:
107k x 2 = 214k
..214k /1.5m = 0.143
..0.143 x 100 = 14.3%
..
looks quite unusual.

Thank you. Really unusual.

Jejebabaa:


Oga, na this kain mentality dey make person spend the interest anyhow assuming that he didn't work for it instead of compounding the interest again so as to reach his/her financial goals in time.

Bro, not everyone and at every time compounding interest is required


I have noticed must gurus here want others to follow their way of thinking.

Sometimes u could compound your interest, other times you could spend the interest. The money belongs to the owner

I will give an example, sometime ago my inverter battery packed up. When I got the price for new sets of batteries it was very high. Guess what I did, I raised times 10 of the battery money, bought bills with it. Used the interest to buy new set of batteries. Solved my problem and saved as well without breaking a sweat.

So if I had compounded the interest how would I have gotten new set of batteries?

Bottom line, to each his own.

kudus guys, your comments have been s helpful more grease to you elbow. Please I would like to know the next auction date and if it is wise enough to start Tbill with a broker. thanks

Guys Bitcoin is another great opportunity to make lots of money.. I suggest u tap into this opportunity now!

Izuogu1:
Guys Bitcoin is another great opportunity to make lots of money.. I suggest u tap into this opportunity now!

What's the current rate now ??

kisszhira:


What's the current rate now ??

$9k +