Stats: 3,191,744 members, 7,945,325 topics. Date: Tuesday, 10 September 2024 at 02:38 PM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4628422 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) ... (940) (941) (942) (943) (944) (945) (946) ... (2262) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by chigo4u: 7:24pm On Nov 07, 2019 |
olujaidi:This article explains everything about tbill. The cbn cannot suspend tbills only the debt management office which is solely responsible for tbills can do that. For those who say tbills does not help the economy, it is used to finance national budget! Interesting read 9 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 7:26pm On Nov 07, 2019 |
chloride6:We lend our money to government to pay back with little interest. You call that FREE money? Why not try to get a loan even to pay back with high interest and see how difficult it would be. 11 Likes |
Re: Treasury Bills In Nigeria by chloride6: 7:36pm On Nov 07, 2019 |
OgogoroFreak: Well goan and give someone else your money.. Govt doesn't want to borrow expensive money again.. |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 7:38pm On Nov 07, 2019 |
chloride6:How old are you sef? 16 Likes |
Re: Treasury Bills In Nigeria by aremso(m): 7:41pm On Nov 07, 2019 |
OgogoroFreak: needles of the arguments please! not everyone will be happy that money is working for someone. I don't argue at all every one is entitled to his opinion. those days when I started buying shares they were making jest of me but today they are still running rat race. 5 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 7:42pm On Nov 07, 2019 |
aremso:I'm trying not to argue with a toddler 2 Likes |
Re: Treasury Bills In Nigeria by Jesusbabygirl(f): 7:46pm On Nov 07, 2019 |
DeSepiero:Well our inflation rate is among the highest too. 4 Likes |
Re: Treasury Bills In Nigeria by olujaidi: 8:23pm On Nov 07, 2019 |
chigo4u: If we use the AgriTech companies as a yardstick, it shouldn't be up to $2m. A refinery is a multibillion dollar investment. What of his ill-fated tomato farm? Your comparison is apples and oranges |
Re: Treasury Bills In Nigeria by Akin3891: 8:27pm On Nov 07, 2019 |
IamR: Same thing with my wife, she just keeps hissing, like wht will happen to her salary now. Still hoping the news is fake,one of my tbs matured today, didn't even bother to visit the bank for reinvestment,will be there tomorrow to try my luck. 3 Likes |
Re: Treasury Bills In Nigeria by Akin3891: 8:34pm On Nov 07, 2019 |
ahiboilandgas: U dey mind the guy, mr gurumaraji that want to teach businesses in real economy . I don't even have one kobo strength to answer any quotes that r not aligned with my mindset ,i talk less but act more 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by chloride6: 8:40pm On Nov 07, 2019 |
OgogoroFreak: Old enough to know that high interest rates were strangling our economy.. American Citizens work hard for their money and their TBills rate is 1.5% In Japan and Europe it's worse, their interest rates are negative.. 4 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 8:47pm On Nov 07, 2019 |
chloride6:Value of America dollar vs naira? American inflation rate vs Nigeria? 5 Likes |
Re: Treasury Bills In Nigeria by chloride6: 9:03pm On Nov 07, 2019 |
chigo4u: Inflation is intrinsically linked to Interest rates.. Expect your inflation rate to come down once interest rates also come down.. |
Re: Treasury Bills In Nigeria by michaellovaldo(m): 9:03pm On Nov 07, 2019 |
RealityShot:Wow.... goodluck bro Wish u the best |
Re: Treasury Bills In Nigeria by Akin3891: 9:07pm On Nov 07, 2019 |
ahiboilandgas: So for example, if my total intrest for 5 yrs is 25 mils. I will receive 2.5 mils every six months for 5 yrs circle,. For 25 mils investment on FG saving bond will be paid quarterly, 1.250 mils per quarter. Correct? Can one buy bonds directly from the bank or is it only investments house that issue them? Thanks |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:42pm On Nov 07, 2019 |
Akin3891:yes, on the advert page they select a combination of banks and discount houses ...mainly teir 1 banks but I be local chap na bank I prefer 1 Like |
Re: Treasury Bills In Nigeria by bendo75(m): 10:32pm On Nov 07, 2019 |
Folks be careful how you divulge information about your financial status in this forum. The fake news from punch about CBN blocking individuals from buying treasury bills has really revealed the minds of some in this channel. Not everybody who comes here is happy that you are making money by investing your sweat in treasury bills. It really baffles me that someone in this forum thinks that profits from treasury bills are free money. 32 Likes 3 Shares |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:13pm On Nov 07, 2019 |
ahiboilandgas: Starred 1 Like |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:21pm On Nov 07, 2019 |
DaBogu: I am confused at the emboldened. Is putting money into TBs not same as investing? 4 Likes |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:24pm On Nov 07, 2019 |
healthserve: I agree |
Re: Treasury Bills In Nigeria by healthserve(m): 11:32pm On Nov 07, 2019 |
Re: Treasury Bills In Nigeria by Adiwana: 11:54pm On Nov 07, 2019 |
bendo75: Nobody pulls down his brother more than the black man.Nigeria has the highest number of black people in the world. So that should at least show you how things roll in this part of the world. People will rather support the govt who remove foods from our plates instead of putting them there to fvck us all over than seeing their neighbour live better lives than them. They rather cut their noses to spite their faces. 6 Likes |
Re: Treasury Bills In Nigeria by needful: 4:21am On Nov 08, 2019 |
Thank you for contacting Afrinvest Securities Limited. The minimum for secondary market FGN Bonds purchase through Afrinvest is N20,000,000.00 (based on availability of the bond) There is no maximum. Please see the indicative bond rates that traded today in the secondary market: Bond Tenor (Years) Yield (%) Coupon (%) Implied Price (N) Jul-21 2 12.35 14.50 103.15 Jan-22 3 12.05 16.39 108.20 Apr-23 4 12.28 12.75 101.29 Mar-24 5 11.98 14.20 107.33 Mar-25 6 12.24 13.53 104.95 Jan-26 7 12.70 12.50 99.11 Mar-27 8 12.55 16.29 117.59 Feb-28 9 12.70 13.98 106.40 Jul-34 15 13.07 12.15 94.00 Mar-36 17 13.16 12.40 94.90 Apr-37 18 12.90 16.25 123.02 Apr-49 30 13.48 14.80 109.57 You can also buy FGN Bond through a primary market auction. The minimum for this is N100,000,000.00 . The Q4:2019 schedule is also attached and the next auction is slated for 20-Nov-2019. I made enquiry from afrinvest and above was what they sent to me. pls can someone clarify difference between coupon and yield. assuming i put in 500,000 at a coupon of 16.29% and a yield of 12.46% for 2yrs. what will be my yearly interest payment and at the maturity, will the capital still be N500k?. Thanks. |
Re: Treasury Bills In Nigeria by unite4real: 5:38am On Nov 08, 2019 |
needful: You will pay at least N533,000 for this bond but your coupons will be calculated on N500,000. The lower the yield, the more profit the seller makes. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by dipoolowoo: 7:11am On Nov 08, 2019 |
Investors Snub CBN's OMO Auction Thursday https://businesspost.ng/economy/investors-snub-cbns-omo-auction-thursday/ |
Re: Treasury Bills In Nigeria by mumayo: 7:29am On Nov 08, 2019 |
anyone purchased Tbills yesterday. I need idea on recent rates. |
Re: Treasury Bills In Nigeria by Nobody: 7:50am On Nov 08, 2019 |
DaBogu: The directive does not seem logical though. A big firm will not sink its capital into treasury Bills. Capital required for operations, projects etc made unavailable to the company for 3 to 6 to 12 months for a 10% return? I was afraid that the train would come to an end, but this doesn’t make sense 3 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 7:53am On Nov 08, 2019 |
zamirikpo:Nothing like that on that paper or even today's reads, CBN denies banning individuals, small firms from NT-Bills, investors shuns short term OMO bill in apex bank 300bn offer 3 Likes
|
Re: Treasury Bills In Nigeria by DaBogu: 8:03am On Nov 08, 2019 |
So all this border closure and war against rice was just so Dangote would swoop in and start selling us overpriced rice. Is the expensive cement not enough? chigo4u: 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by DaBogu: 8:26am On Nov 08, 2019 |
If the CBN stop individuals and small business from NTB, it will have both positive and negative impact. |
Re: Treasury Bills In Nigeria by ImDStar: 8:26am On Nov 08, 2019 |
DaBogu: It's just surprising. 1 Like |
(1) (2) (3) ... (940) (941) (942) (943) (944) (945) (946) ... (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. 65 |