ukay2:



Sir,
Most DMO NIGERIA auction results for the past 5years are not at par
So it's almost the same thing as buying from secondary market

Yes you are right. They are mostly reopened but there are few of them at par actually.

Just a bit curious. Do you think this bond at 13.2% beats TBills at 13.2%.

What are the stability in bonds, any risk of capital loss?

Thanks

ukay2:
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....

TotoNaRubber:

Just a bit curious. Do you think this bond at 13.2% beats TBills at 13.2%.

What are the stability in bonds, any risk of capital loss?

Thanks

Sir,
I purchased the bond @13.2% offer price., but the coupon payments rate still remains 16.2499% which is fixed till maturity.

Since am holding the bond till maturity which is 18th April 2034, there will be no loss....so it will be better than NTB.

As for now, NTB will become better than this 16.2499 % FGN APR 2034 BOND if the NTB interest is above 16%.....remember NTB has lots of fluctuations in the interest rate. But once a bond is purchased at a fixed interest rate, the FGN will continueto pay for the coupon rate till maturity. ....that is why it's called BOND.

I may make a loss if I decide to sell it at a higher rate than I purchased it....like 13.5%. But if I sell it at a lower rate like 10%, I will still make gain.

Infact the bond market calculation may be confusing at times.....So I usually hold till maturity

So my best bet not to make a loss is to hold till maturity.....which the 16.2499% will remain my coupon payments till maturity.

FGN Bond is a debt security (liability) of the FGN backed by the ‘full faith and credit’ of the Federal Government and no default risk, meaning that it is a safe investment where interest will be paid at regular intervals and principal repaid at maturity.

Lionhearted:


What happens if Nigeria cease to exist?

It depends

OgogoroFreak:
Yes, that's savings bond.

Can we get Federal Government bond for less than 50M?

There are licensed Fin Institution that do that

Bbbwings:

Where do you subscribe.
Banks?

DaBogu:
FGN Bond is a debt security (liability) of the FGN backed by the ‘full faith and credit’ of the Federal Government and no default risk, meaning that it is a safe investment where interest will be paid at regular intervals and principal repaid at maturity.

I'm sure this doesn't answer Lionhearted question. If the principal's existence ( Nigeria ) ceases to be, what then will vested interests ( Contracts ) be hinged upon. I believe we both know the obvious answer to that question Sir. In historical context, there are many yet to be fulfilled contracts till today that follows the same character and spirit of the FGN bonds and co as of today. There's never a completely risk-free investment.

To play safe, given the risk-averse profile at the moment that threaten's the nation's unity/existence, investments should be from medium to short term, as any other thing implies gambling whatever way we like to describe the risk exposure as, low, very low, extremely low or fast Sir.


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let me help you to recover your missing shares and dividends within a week. find it! just like magic.

ogunjyde2004:
let me help you to recover your missing shares and dividends within a week. find it! just like magic.

How do I contact you?

ogunjyde2004:
let me help you to recover your missing shares and dividends within a week. find it! just like magic.

pls help me too how do I contact you

ogunjyde2004@yahoo.com

hotdealz:
How do I contact you?

ogunjyde2004@yahoo.com

Adegokenath:
pls help me too how do I contact you

I agree with the bolded. I only provided an answer to the questioned asked

healthserve:



I'm sure this doesn't answer Lionhearted question. If the principal's existence ( Nigeria ) ceases to be, what then will vested interests ( Contracts ) be hinged upon. I believe we both know the obvious answer to that question Sir. In historical context, there are many yet to be fulfilled contracts till today that follows the same character and spirit of the FGN bonds and co as of today. There's never a completely risk-free investment.

To play safe, given the risk-averse profile at the moment that threaten's the nation's unity/existence, investments should be from medium to short term, as any other thing implies gambling whatever way we like to describe the risk exposure as, low, very low, extremely low or fast Sir.

ogunjyde2004:
let me help you to recover your missing shares and dividends within a week. find it! just like magic.

You better post the information here to avoid being tagged as a scammer.

The fall in money markets has led to the rise of the equity market. the excess liquidity from PFAs , etc are all finding their way to the capital market which has led to a slightly bull run. With the maturing OMO bills coming up within the next quarter, the trend is likely to continue to year end. Equity can be an alternative in this season owing to the current CBN directives .

Is TBs back?

ogunjyde2004:
ogunjyde2004@yahoo.com

No whatsapp?

Hello Good Pple
How do I calculate the TRUE yield of a Primary market??
Is it the same formula for Sec market

hotdealz:
No whatsapp?

08055755361

08055755361

hotdealz:
No whatsapp?

lol, i helped 5 people on this platform last week. i work with integratedtrust a stock broking firm.

Ibrahim505:

You better post the information here to avoid being tagged as a scammer.

MyMail2D:
Hello Good Pple
How do I calculate the TRUE yield of a Primary market??
Is it the same formula for Sec market

yes

MyMail2D:
Hello Good Pple
How do I calculate the TRUE yield of a Primary market??
Is it the same formula for Sec market

Let me give a bricklayer answer to this.

1. N1,000,000 invested in Tbills for 364 days @ 12% discounted
2. 12% of 1,000,000 is N120,000
3. Amount debited from account is (N1,000,000 - N120,000) = N880,000
4. Remember that your N1,000,000 was not debited as is the case with Fixed Deposit
5. Your true yield is (120/880,000)*100% = 13.63%

ahiboilandgas:
smart investor

You know that someone like you should not be wasting money on insurance. Insurance is for those who a loss would be unacceptably damaging. Paying for insurance is a bad bet when you have enough money to absorb shock. Just saying.

Many thanks for this...

Can anybody confirm if the rates on I-invest App is at OFFER or TRUE YIELD ??

unite4real:


Let me give a bricklayer answer to this.

1. N1,000,000 invested in Tbills for 364 days @ 12% discounted
2. 12% of 1,000,000 is N120,000
3. Amount debited from account is (N1,000,000 - N120,000) = N880,000
4. Remember that your N1,000,000 was not debited as is the case with Fixed Deposit
5. Your true yield is (120/880,000)*100% = 13.63%

Please see today’s Tbills rates below. Kindly choose your preferred tenor and also confirm if you want your interest re-invested or paid upfront.





Maturity

Tenor (Days)

Rate (%) p.a.

Yield (%) p.a.

12-Dec-19

37

9.00

9.08

30-Jan-20

86

9.50

9.72

14-May-20

191

10.50

11.11

13-Aug-20

282

11.20

12.26

29-Oct-20

359

11.50

12.97

Afrinvest

ositadima1:


You know that someone like you should not be wasting money on insurance. Insurance is for those who a loss would be unacceptably damaging. Paying for insurance is a bad bet when you have enough money to absorb shock. Just saying.

Really?! He should throw money away because he can absorb loss? If he didn't have insurance would he still be in business? NO
Nna na wa o!

Insurance makes sure its not a total loss for him. He always gets something back even if its not the full sum assured. He might even get the full sum assured if he paid for excess buyback. Instead of digging deep from his own funds (which could have been deployed to other productive uses) to replace the destroyed asset and then suffer the opportunity cost, he gets paid by the insurance company for it.

He actually gains on two ends: he gets money to defray the cost of replacement and his own funds are preserved for other uses.

MyMail2D:
Many thanks for this...

Can anybody confirm if the rates on I-invest App is at OFFER or TRUE YIELD ??

Its at True yield. Its good you even asked this question one can be misled to thinking its higher.

The embolden is hilarious and a reflection of societal demands on persons perceived as successful with some material possession.

A lot is really wrong in this clime...The more money you have, the more you're most likely to be bothered for financial support and needless social expectations.

9jatriot:
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?

Some persons are too noble to tell such lies...Sorry, diplomacy, I meant.

DeSepiero:


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!

ositadima1:


You know that someone like you should not be wasting money on insurance. Insurance is for those who a loss would be unacceptably damaging. Paying for insurance is a bad bet when you have enough money to absorb shock. Just saying.

I pay premiums regularly,G.i.t and comprehensive my boss told me am paying for my happiness ...and it true insurance firms have rescues me 2 time ...total loss 19m insurance also 17m

ositadima1:


You know that someone like you should not be wasting money on insurance. Insurance is for those who a loss would be unacceptably damaging. Paying for insurance is a bad bet when you have enough money to absorb shock. Just saying.

You have a valid point thought its a two way street. The clean-styled/white/blue collar-styled economics that prefers everything spick and span, neat and tidy to avoid issues with regulatory bodies etc. Also, to avoid industry-based risks associated even with expansion. In the normal mode of doing business this way, insurance alleviates risks in a different way from expansion, if he expands his business operations, the expanded business still remains within the same industry which means the risk-cushioning mechanism is " risky & volatile ".

The second way street which is to hedge expansion against risks prefers expansion of the business as against paying insurance is smart street-styled economics. Its not a one street-styled business, and this method may appear husky for the white collar-styled business person.


The street-smart business man can instead of paying premiums to insure against losses can go on expanding and create a fleet, thereafter go for insuraning the fleet than against singlehandedly insuring each truck.

There are no fixed rules here and individually comes to econometrics here. For the low risk business man, insurance is a good ( not right as there's no rules per se ) path . To the medium to high risk-averse business person, continuous business operations, expanding business operations is smart business and a preferable path to navigate. To further alleviate risk exposure, expansion into other fields so a network-chain of businesses like Dangote can be formed, and for this kind of investor, this is a preferred option. So, perspectives and individuality comes to the fray here.


For me, as you can imagine, I agree with your line of thought as the street smart investor and prefer to expand than to insure.


BTW, if the expansion module is to be considered or postured rightly, its better to be in different industries/ a different industry-field and should be as big as three times the running expense/capacity of the primary business and must be able to emit three times the running business cost of the primary business, remain in business without risk of shock.


If risk absorption can be planned and put into action, my brother, I'll never insure cause the risk of loss or an accident regularly is highly low.


BTW, they don't teach these concepts in school. Lai lai. Its learnt on the street, its modern econometrics.


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