Stats: 3,191,857 members, 7,945,738 topics. Date: Wednesday, 11 September 2024 at 04:25 AM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4629194 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) ... (929) (930) (931) (932) (933) (934) (935) ... (2262) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by unite4real: 8:28am On Nov 05, 2019 |
ukay2: Yes you are right. They are mostly reopened but there are few of them at par actually. |
Re: Treasury Bills In Nigeria by TotoNaRubber: 8:59am On Nov 05, 2019 |
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: |
Re: Treasury Bills In Nigeria by ukay2: 9:21am On Nov 05, 2019 |
TotoNaRubber: 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. 4 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 9:53am On Nov 05, 2019 |
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: |
Re: Treasury Bills In Nigeria by DaBogu: 9:56am On Nov 05, 2019 |
It depends OgogoroFreak: |
Re: Treasury Bills In Nigeria by DaBogu: 10:09am On Nov 05, 2019 |
There are licensed Fin Institution that do that Bbbwings: 1 Like |
Re: Treasury Bills In Nigeria by healthserve(m): 10:25am On Nov 05, 2019 |
DaBogu: 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. Cc FarahAideed SarkinYarki Racoon Daddytime 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by ogunjyde2004(m): 11:12am On Nov 05, 2019 |
let me help you to recover your missing shares and dividends within a week. find it! just like magic. |
Re: Treasury Bills In Nigeria by hotdealz(m): 11:51am On Nov 05, 2019 |
ogunjyde2004:How do I contact you? 1 Like |
Re: Treasury Bills In Nigeria by Adegokenath(m): 12:05pm On Nov 05, 2019 |
ogunjyde2004:pls help me too how do I contact you |
Re: Treasury Bills In Nigeria by ogunjyde2004(m): 12:08pm On Nov 05, 2019 |
ogunjyde2004@yahoo.com hotdealz: |
Re: Treasury Bills In Nigeria by ogunjyde2004(m): 12:08pm On Nov 05, 2019 |
ogunjyde2004@yahoo.com Adegokenath: |
Re: Treasury Bills In Nigeria by DaBogu: 12:26pm On Nov 05, 2019 |
I agree with the bolded. I only provided an answer to the questioned asked healthserve: |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 12:28pm On Nov 05, 2019 |
ogunjyde2004:You better post the information here to avoid being tagged as a scammer. 1 Like |
Re: Treasury Bills In Nigeria by nna777: 12:35pm On Nov 05, 2019 |
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 . 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Manutd19: 12:43pm On Nov 05, 2019 |
Is TBs back? 1 Like |
Re: Treasury Bills In Nigeria by hotdealz(m): 1:26pm On Nov 05, 2019 |
ogunjyde2004:No whatsapp? |
Re: Treasury Bills In Nigeria by MyMail2D: 1:30pm On Nov 05, 2019 |
Hello Good Pple How do I calculate the TRUE yield of a Primary market?? Is it the same formula for Sec market ![]() |
Re: Treasury Bills In Nigeria by ogunjyde2004(m): 1:34pm On Nov 05, 2019 |
hotdealz:08055755361 |
Re: Treasury Bills In Nigeria by ogunjyde2004(m): 1:35pm On Nov 05, 2019 |
08055755361 hotdealz: |
Re: Treasury Bills In Nigeria by ogunjyde2004(m): 1:45pm On Nov 05, 2019 |
lol, i helped 5 people on this platform last week. i work with integratedtrust a stock broking firm. Ibrahim505: |
Re: Treasury Bills In Nigeria by Akerewe(m): 1:46pm On Nov 05, 2019 |
MyMail2D:yes |
Re: Treasury Bills In Nigeria by unite4real: 1:46pm On Nov 05, 2019 |
MyMail2D: 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% 8 Likes |
Re: Treasury Bills In Nigeria by ositadima1(m): 1:50pm On Nov 05, 2019 |
ahiboilandgas: 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. |
Re: Treasury Bills In Nigeria by MyMail2D: 2:17pm On Nov 05, 2019 |
Many thanks for this... Can anybody confirm if the rates on I-invest App is at OFFER or TRUE YIELD ?? unite4real: |
Re: Treasury Bills In Nigeria by Jejebabaa: 2:38pm On Nov 05, 2019 |
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 |
Re: Treasury Bills In Nigeria by olujaidi: 2:39pm On Nov 05, 2019 |
ositadima1: 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. 3 Likes |
Re: Treasury Bills In Nigeria by unite4real: 2:48pm On Nov 05, 2019 |
MyMail2D: Its at True yield. Its good you even asked this question one can be misled to thinking its higher. |
Re: Treasury Bills In Nigeria by deleson: 4:00pm On Nov 05, 2019 |
![]() ![]() 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: |
Re: Treasury Bills In Nigeria by deleson: 4:01pm On Nov 05, 2019 |
Some persons are too noble to tell such lies...Sorry, diplomacy, I meant. DeSepiero: |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:03pm On Nov 05, 2019 |
ositadima1: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 2 Likes |
Re: Treasury Bills In Nigeria by healthserve(m): 4:04pm On Nov 05, 2019 |
ositadima1: 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. Cc FarahAideed SarkinYarki Racoon Daddytime Chloride6 2 Likes |
(1) (2) (3) ... (929) (930) (931) (932) (933) (934) (935) ... (2262) (Reply)
Nigerian Stock Exchange Market Pick Alerts
(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. 49 |