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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4629128 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)
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Re: Treasury Bills In Nigeria by DaBogu: 1:42pm On Nov 04, 2019 |
![]() emmanuelewumi: |
Re: Treasury Bills In Nigeria by DaBogu: 1:44pm On Nov 04, 2019 |
It's okay. The thread is NTB. healthserve: 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Akerewe(m): 1:48pm On Nov 04, 2019 |
DaBogu:can someone terminate bond before maturity like T.B? 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:55pm On Nov 04, 2019 |
Akerewe:yes na ,u can even trade it for profit |
Re: Treasury Bills In Nigeria by needful: 2:14pm On Nov 04, 2019 |
ahiboilandgas:Is there any other bond apart from savings bond |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:25pm On Nov 04, 2019 |
needful:yes saving bond is new for small players 1 Like |
Re: Treasury Bills In Nigeria by whatalife: 2:26pm On Nov 04, 2019 |
I ported to i-invest. With my unsuccessful bids at stanbic, few offers still left
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Re: Treasury Bills In Nigeria by OgogoroFreak(m): 2:32pm On Nov 04, 2019 |
ahiboilandgas:Wow! That really smart. But I think federal government bond is from 50m? And savings bond which can be done with less than 50m always have low interest. |
Re: Treasury Bills In Nigeria by needful: 2:39pm On Nov 04, 2019 |
ahiboilandgas: If I have upto 50m can I do the govt bond that u are talking about. And how do I get it sir. |
Re: Treasury Bills In Nigeria by Tweetums(f): 2:44pm On Nov 04, 2019 |
DOLLARTEX:secondary market? |
Re: Treasury Bills In Nigeria by Akerewe(m): 2:44pm On Nov 04, 2019 |
ahiboilandgas:thanks |
Re: Treasury Bills In Nigeria by Homextras: 2:59pm On Nov 04, 2019 |
I heard ban on secondary market has been lifted, how true is this? Got the info from stanbic ibtc bank customer rep today.. |
Re: Treasury Bills In Nigeria by igbizen(m): 3:08pm On Nov 04, 2019 |
OgogoroFreak:I don’t like this bond of a thing because of the delayed interest payment. 2 Likes |
Re: Treasury Bills In Nigeria by igbizen(m): 3:11pm On Nov 04, 2019 |
DOLLARTEX:Really v, I went to my branch (stanbic- Effurun) and was told that no secondary market yet. Will send a mail across to them. Which branch is this please? |
Re: Treasury Bills In Nigeria by 9jatriot(m): 3:23pm On Nov 04, 2019 |
I am thinking. Assuming I want to buy a car worth 10M, even though I have the cash for the car, I decide to invest it in TB or bonds. I then use the certificate of the investment as collateral to apply for a loan an the bank to use in purchasing the car. You may argue, why not just buy the car and have peace of mind, well I can also argue that I want to use the approach to keep me financially disciplined throughout the duration of the loan and so that I can have my money back at the end of the period. I know the experts may say, it looks foolish since the banks may be giving me the loan at say 17-25%PA, but I can also argue that (using 17% as the bank rate) if the TB is assumed to be 10%PA, that the loan may in reality be 7% for the first year. If I am reinvesting the interest then that value will continue to reduce at the end of the loan term. Please not that the mode of repayment is not expected to be from that actual investment but from my normal means of living. That TB or bond investment is only to serve as a collateral and may not even contribute towards the repayment of the loan. The fact that I know I have a monthly commitment will in my opinion help me stay financially discipline and I can shout it to the roof top to anyone that cares to listen that I am paying for car loan so that all those that would have categorized me as money bag go around saying "non mind am, that e big car, na loan he take buy am sef". At the whole of the whole exercise, I will have my 10M+ compounded interest and my car. What do you guys think? 6 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 3:39pm On Nov 04, 2019 |
OgogoroFreak:Min 5k |
Re: Treasury Bills In Nigeria by DaBogu: 3:40pm On Nov 04, 2019 |
Yes Homextras: |
Re: Treasury Bills In Nigeria by Diyke4rich: 3:40pm On Nov 04, 2019 |
RealityShot: Thank you God bless |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:44pm On Nov 04, 2019 |
needful:yes through bank like u do your t.b it 1 once monthly 4 Likes |
Re: Treasury Bills In Nigeria by DeSepiero(m): 3:57pm On Nov 04, 2019 |
9jatriot: Buy your car with your 10m - tell people is bought on loan if you must. When your monthly cashflow comes, which which would have serviced the loan, channel it into a dedicated savings account with a standing order - the cashflow will be invested in TB or Bonds. Cheers! 1 Like |
Re: Treasury Bills In Nigeria by lancee(m): 3:59pm On Nov 04, 2019 |
No rates Available today --message from GTB 2 Likes |
Re: Treasury Bills In Nigeria by dake40(m): 4:01pm On Nov 04, 2019 |
9jatriot: I doubt if you can access a 10m loan by using your 10m Treasury bill certificate as collateral if that's what you mean. I just called Access bank customer support asking her the same question. She claimed you can get loan using TB collateral but cant get upto your TB capital |
Re: Treasury Bills In Nigeria by healthserve(m): 4:04pm On Nov 04, 2019 |
9jatriot: Brilliant but uncertainty factor alone grows or compounds risk. While the T.B certificate and the car may remain intact, risk remains as long as the product is not completely paid for. If this method should be applied, risks needs to be reduced sequentially by dedicating funds to reduce the product value ( albeit monthly ) either by monthly repayments or alternative investments that can grow or retain the monthly down payments. Whichever way, the greatest financial discipline and appropriaety is to reduce the risks on monthly basis while you retain the product and the collateral. Cc FarahAideed SarkinYarki Racoon Daddytime 3 Likes 2 Shares |
Re: Treasury Bills In Nigeria by 9jatriot(m): 4:06pm On Nov 04, 2019 |
Hmmmm, I like the assurance of a guaranteed sum at the end of the tenor. I also do not like loans but in this case, I won't mind. "tell people is bought on loan if you must"--- Not like anyone is really owed an explanation anyway. Thanks for your input. DeSepiero: |
Re: Treasury Bills In Nigeria by 9jatriot(m): 4:09pm On Nov 04, 2019 |
Okay, maybe a 10M TB for 8M loan may suffice. The whole idea for me is to enforce a savings culture that probably resulted in the 10M anyway. dake40: |
Re: Treasury Bills In Nigeria by ukay2: 4:19pm On Nov 04, 2019 |
I invested in 16.2499% FGN BOND APR 2037 at 13.2%......secondary market I think it's better for now.....stability of 16.2499% coupon payments every 6 months till 2037. ...shikena I did mine with stanbic today...coupon payments will be every April and October till 2037... Ask your bank for advice on most FGN BONDS.... 4 Likes |
Re: Treasury Bills In Nigeria by dake40(m): 4:20pm On Nov 04, 2019 |
ukay2: What's the minimum capital? |
Re: Treasury Bills In Nigeria by Lionhearted: 4:24pm On Nov 04, 2019 |
ukay2: What happens if Nigeria cease to exist? 2 Likes |
Re: Treasury Bills In Nigeria by needful: 4:28pm On Nov 04, 2019 |
ukay2: That is what am going to do now. |
Re: Treasury Bills In Nigeria by Nobody: 4:32pm On Nov 04, 2019 |
igbizen:warehouse road apapa,lagos. |
Re: Treasury Bills In Nigeria by Nobody: 4:33pm On Nov 04, 2019 |
Tweetums:yes |
Re: Treasury Bills In Nigeria by ukay2: 4:45pm On Nov 04, 2019 |
Lionhearted: Na so my friend asked me when I did 5 year FGN BONDS in 2015 to mature Feb 2020. We know February 2020 is around the corner and FGN still exists .....and I have been re-investing the 6 monthly coupons (Feb and Aug ) into NTB and the cycle continues.......SLOW AND STEADY INVESTMENTS WIN THE RACE Most times fear is our enemy in investment Meanwhile. ....if FGN will fail to exist, I will quickly sell my FGN BONDS before the official exist as the FGN Bonds in the secondary market are tradable in the floor of nse. 7 Likes |
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