Zornes123:
some people carry wahala for head dey waka.
A thread was created for Tbills which obviously you don't like why not go create your thread or better still do what ever investment you deem fit to do with your money, you obviously wanted to solicits for funds here and people kicked against what ever you had in mind(forget all this your show me proof statement) since then you wont let us be.
one can feel how much you loathe tbills from how you type, that an incognito account couldnt even hide it. why not get the fvck off the tread since you dont like what they do in it or better still go to romance section because no one will buy what ever you are selling
A beg make I prepare go church before the next thing I hear is you will sue me.

Forget that guy..he is here ranting and insulting because his antics were discovered on arrival. He has been begging from thread to thread for people to to come and sign agreement to partner him on a business that maybe non existent/ non-viable.

@ kunleweb people wey get 50k never gree release am for you because you no fit convince them na here you want come shine. You just stumbled on this thread and heard people talking millions then you just want to have your cut from them just like that. It doesn't work that way.

Please for those into haulage business he parades himself as a knowledgeable person in that aspect too incase there is anybody willing to buy a truck for him to manager.

If at all you have any reasonable business idea you won't be here on TB thread yapping because people are not investing your real business. There are commercial banks where you can get loan and if it's too high there is also Bank of Industry with a reasonable rate.

You are here forming bankers son. yet you cannot convince your rich banker parents to lend you the 50k, the 120k you so desire or even invest in your business. That's another way of sourcing capital for business. No, you won't do that. You prefer coming here because you have a motive.

You can go ahead and blab more now I won't answer you again. I know that those who have ears have already listened. Nobody here iwill be caught in the explosion of the mines you laying.

freeman67:


Forget that guy..he is here ranting and insulting because his antics were discovered on arrival. He has been begging from thread to thread for people to to come and sign agreement to partner him on a business that maybe non existent/ non-viable.

@ kunleweb people wey get 50k never gree release am for you because you no fit convince them na here you want come shine. You just stumbled on this thread and heard people talking millions then you just want to have your cut from them just like that. It doesn't work that way.

Please for those into haulage business he parades himself as a knowledgeable person in that aspect too incase there is anybody willing to buy a truck for him to manager.

If at all you have any reasonable business idea you won't be here on TB thread yapping because people are not investing your real business. There are commercial banks where you can get loan and if it's too high there is also Bank of Industry with a reasonable rate.

You are here forming bankers son. yet you cannot convince your rich banker parents to lend you the 50k, the 120k you so desire or even invest in your business. That's another way of sourcing capital for business. No, you won't do that. You prefer coming here because you have a motive.

You can go ahead and blab more now I won't answer you again. I know that those who have ears have already listened. Nobody here iwill be caught in the explosion of the mines you laying.

Whatever rocks your boat


I left the thread ages back


Truth234 Chloride6 Ogawisdom are people you have issues with not me. Face them and keep your petty squabbles within yourself. Smear me all you want. I don't have issues with anyone investing in Treasury bills nor concern myself with people who's existence is inconsequential to me. If anyone talks in favor of real sector investments against tbills, all of a sudden I'm the one. I am them who hates it because you have wealth. Have I ever made claim to know anyone off the forum let alone concern myself with your laurels and accomplishments. If Truth234 Chloride6 ogawisdom make market analysis and forecast then there me or I sent them or I am cloning them.?

Please when you have substantive issues to challenge me with, I'll be waiting to have them than me hating you causing you're making money. This hate-sermonry is now stale. Preach another sermon. Tell me I'm your fathers brother who hates to see you succeed

Better go work on yourself and use your brain rightly.


If you want a war, you know what to do. I'm a flint every ready.


Anyway you want the war, let's make it real


I'll be waiting.

And BTW I don't smear people but objectively speak on issues anyway I'm confronted with. I don't need to check your timelines and then shame-talk you down. What's the beef. Some guys speak in favor of real sector growth, next thing I inherit the hatred. I don't want to see you all happy. I hate bla bla. Things is what's the beef?


What would my motive for hatred be to concern myself with what could be not and what nots?

Grow up nigger. Learn to see the world in shades. I couldn't give a fvck of I was so broke and needed a five Kay loan and you have Goldman Sach in your bedroom.


Its your fvcking life. Now leave me be or come with something more creative. A better beef

emmanuelewumi:



How can you lose your money? Have you ever lost your money through Treasury Bills?

Ok.

Is it fluid like tbills?

Like can one liquidate anytime?

contumely2:


Ok.

Is it fluid like tbills?

Like can one liquidate anytime?

Please buy money market funds or Treasury Bills.

You bought a 2 year bond and you want to sell within 3 months. Anyway there is a secondary market for bonds on FMDQ and NSE

There is big money in Agriculture but the unfortunate thing is that the people and businesses making the money are foreign owned eg Okomu, Presco, Chi, Olams and many others.

Olams just bought Dangote Flour Mills from Aliko Dangote for the sum of N120 billion only.

Agriculture is capital intensive and it is a long term investment, that is why I have issues with the current agricultural High Yield Investment Schemes, whose promoters are not known and profiled by SEC, whose schemes are not registered and regulated by SEC.

Okomu and Presco are owned by foreigners, while Nigerians owned between 35% to 40% shares in these companies. These companies make profit after tax running into billions of Naira.

Okomu is into Rubber plantation and Oil Palm plantation, Presco is also into Oil Palm plantation.

Stanbic IBTC was the issuing house and financial advisors when Presco came to Nigeria, investors have made multiples of their investment.

A lawyer Gbenga Oyebode got about N100 million dividends from Okomu Oil in 2018 he was one of the early investors when the agricultural firm was privatised by government, you can googgle his name.

Someone like me can only invest in some of the Digital Agricultural investments if reputable Investment Banking firms like Stanbic IBTC Asset Management, FBN Quest Asset Management and others are involved and the investments are register and regulated by SEC.

Presco and Okomu are in Edo State, both companies employ more workers than Edo State government

emmanuelewumi:
There is big money in Agriculture but the unfortunate thing is that the people and businesses making the money are foreign owned eg Okomu, Prrsco, Chi, Olams and many others.

Agriculture is capital intensive and it is a long term investment, that is why I have issues with the current agricultural High Yield Investment Schemes, whose promoters are not known and profiled by SEC, whose schemes are not registered and regulated by SEC.

Okomu and Presco are owned by foreigners, while Nigerians owned between 35% to 40% shares in these companies. These companies make profit after tax running into billions of Naira.

Okomu is into Rubber plantation and Oil Palm plantation, Presco is also into Oil Palm plantation.

Stanbic IBTC was the issuing house and financial advisors when Presco came to Nigeria, investors have made multiples of their investment.

A lawyer Gbenga Oyebode got about N100 million dividends from Okomu Oil he was one of the early investors when the agricultural firm was privatised by government, you can googgle his name.

Someone like me can only invest in some of the Digital Agricultural investments if reputable Investment Banking firms like Stanbic IBTC Asset Management, FBN Quest Asset Management and others are involved and the investments are register and regulated by SEC.

Presco and Okomu are in Edo State, both companies employ more workers than Edo State government

You are right about foreigners most especially Indians and Lebanese being the biggest players the agriculture sectors of this country. Not forgetting Toleram Group who are behind Indomie, Vaswani brothers who are the market leaders of every frozen fish in this country, the Arla guys are giving frieslandcampina guys are tough competition. Same thing happening in the Flour industries, Sunny Verghese and his Chanrai group who are the owners of Olam Group Nigeria is about becoming market leaders in this industries, not forgetting Chagoury Group playing it big also in flour industries. Niyya Farm Group Ltd is also penetrating the juice and yogurt market, Danladi Verheijen,one of the co-founder of Verod Capital Management saw how fast Niyya Farm is growing and keyed into it quickly now he is reaping the reward.

I respect these foreigner's patience and long term focus, just recently in an article the Vaswani brothers stated that it took them 13 years before they started making meaningful profit. How many Nigerians, can endure that long?

brandable:

You are right about foreigners most especially Indians and Lebanese being the biggest players the agriculture sectors of this country. Not forgetting Toleram Group who are behind Indomie, Vaswani brothers who are the market leaders of every frozen fish in this country, the Arla guys are giving frieslandcampina guys are tough competition. Same thing happening in the Flour industries, Sunny Verghese and his Chanrai group who are the owners of Olam Group Nigeria is about becoming market leaders in this industries, not forgetting Chagoury Group playing it big also in flour industries. Niyya Farm Group Ltd is also penetrating the juice and yogurt market, Danladi Verheijen,one off the co-founder of Verod Capital Management saw how fast Niyya Farm is growing and keyed into it quickly now he is reaping the reward.

I respect these foreigners patience and long term focus, just recently in an article the Vaswani brothers stated that it took them [b13 years[/b] before they started making meaningful profit. How many Nigerians, can endure that long?

That is why informed investors are very skeptical of the sustainability of the current returns from most of the Digital Investment Schemes, I always advise people looking in that direction to invest what they can afford to lose.

kunleweb:



Whatever rocks your boat


I left the thread ages back


Truth234 Chloride6 Ogawisdom are people you have issues with not me. Face them and keep your petty squabbles within yourself. Smear me all you want. I don't have issues with anyone investing in Treasury bills nor concern myself with people who's existence is inconsequential to me. If anyone talks in favor of real sector investments against tbills, all of a sudden I'm the one. I am them who hates it because you have wealth. Have I ever made claim to know anyone off the forum let alone concern myself with your laurels and accomplishments. If Truth234 Chloride6 ogawisdom make market analysis and forecast then there me or I sent them or I am cloning them.?

Please when you have substantive issues to challenge me with, I'll be waiting to have them than me hating you causing you're making money. This hate-sermonry is now stale. Preach another sermon. Tell me I'm your fathers brother who hates to see you succeed

Better go work on yourself and use your brain rightly.


If you want a war, you know what to do. I'm a flint every ready.


Anyway you want the war, let's make it real


I'll be waiting.

And BTW I don't smear people but objectively speak on issues anyway I'm confronted with. I don't need to check your timelines and then shame-talk you down. What's the beef. Some guys speak in favor of real sector growth, next thing I inherit the hatred. I don't want to see you all happy. I hate bla bla. Things is what's the beef?


What would my motive for hatred be to concern myself with what could be not and what nots?

Grow up nigger. Learn to see the world in shades. I couldn't give a fvck of I was so broke and needed a five Kay loan and you have Goldman Sach in your bedroom.


Its your fvcking life. Now leave me be or come with something more creative. A better beef

baba we know say na you. so no dey try defend yourself again. and by way the thread is written treasury bills and not real investment or what ever you call it. so stop creating different Monica's. the Nigeria government that created Tbil know why they created it
stop deviating the thread and go create yours CIAOS

brandable:

You are right about foreigners most especially Indians and Lebanese being the biggest players the agriculture sectors of this country. Not forgetting Toleram Group who are behind Indomie, Vaswani brothers who are the market leaders of every frozen fish in this country, the Arla guys are giving frieslandcampina guys are tough competition. Same thing happening in the Flour industries, Sunny Verghese and his Chanrai group who are the owners of Olam Group Nigeria is about becoming market leaders in this industries, not forgetting Chagoury Group playing it big also in flour industries. Niyya Farm Group Ltd is also penetrating the juice and yogurt market, Danladi Verheijen,one off the co-founder of Verod Capital Management saw how fast Niyya Farm is growing and keyed into it quickly now he is reaping the reward.

I respect these foreigners patience and long term focus, just recently in an article the Vaswani brothers stated that it took them [b13 years[/b] before they started making meaningful profit. How many Nigerians, can endure that long?

I respect those guys for their ability to grow the family business from one generation to another, most Nigerian owned businesses die when the founders die. Some even die before the demise of the founders.

The funniest thing is that most of the Indians and Lebanese came to Nigeria about 80 to 100 years ago as blue collar workers or traders.

South Africans are another set of investors making cool money from the Nigerian economy.

Hi,
I have a few questions;

1. How do you calculate the yield on bonds. There is a quote 16.39% coupon and yield of 12.06. What does that mean pls?

2. Are the interests based on 16.39% or 12.06%?

3. After investing when do you start receiving coupon payments.

4. Do you need to open an account to invest in bonds?

emmanuelewumi:


N20 million in the secondary market, N100 million in the primary market.

If you don't have N20 million, you can buy Fixed income mutual funds

Zornes123:
baba we know say na you. so no dey try defend yourself again. and by way the thread is written treasury bills and not real investment or what ever you call it. so stop creating different Monica's. the Nigeria government that created Tbil know why they created it
stop deviating the thread and go create yours CIAOS

You could have given yourself the nuggets before you jumped oon issues that ought to have been long forgotten


Your existence is inconsequential to me as your comment. Next time when your elders talk, just shut it. Swine

emmanuelewumi:


I will advise you spread the money between bonds, Treasury Bills, money market funds and Eurobond.
We are not sure of the future of the Naira in 2 years time.

If you are like me I will also consider investing in stocks like Nestle, Dangote cement, Zenith and GTB.

N1 million invested in GTB in 2000 is now worth over N100 million, the dividend received in 2018 is 10 times the amount invested.

This is the best advice anyone can get...
In this trying period .....

TotoNaRubber:
Hi,
I have a few questions;

1. How do you calculate the yield on bonds. There is a quote 16.39% coupon and yield of 12.06. What does that mean pls?

2. Are the interests based on 16.39% or 12.06%?

3. After investing when do you start receiving coupon payments.

4. Do you need to open an account to invest in bonds?

I am not too involved in bonds, I think if you had bought at the primary market the true yield would have been 16.39% but since the investor bought from the secondary market at a higher price his true yield would 12.06%.

For FGN bonds you will be paid twice in a year, for FGN savings bonds you will be paid 4 times in a year.

An account will be opened for you, not a bank account ooo.

Lovely thread.

U think the first time I came here was a year ago when my sister was looking to invest in TB, I didn't stay long as she wasn't too interested.

As an Economist, I have no problem with people doing portfolio investment, it's part of one of the concept in Economics called "choice" consumers have that right/privilege.

That said, TB, Bonds and all the instruments of the money and capital market are important to the Government as a source of funding the budget, though, in my opinion, very unnecessary.

The Government of Late Yaradua saved about 90billion dollars in foreign reserves, what was it used for? The current administration and previous have used these instruments as a means of budget funding more than their primary purpose of controlling inflation, especially with the TB.

To those who say that Government should crash the rates have salient points to say so, did see the analysis of the recent auction? All three rates were oversubscribed by over 50%, that's a whole lot of idle cash. Let's we forget, as Government continues on this trend, our domestic debt profile continues to look bad, not to leave out the Banks and other Financial institutions who now see the CBN as a cash cow and have neglected their primary duty of receiving deposit, paying cash and lending to the real sector.

Nevertheless, I love the arguments for and against, it's good for a future CBN Governor or Finance Minister to have an open mind and sway a little bit to the left and a little bit to the right.

For those outside the country, we appreciate your contributions in the form of remittances, infact, it's these remittances that has kept consumer spending going and has reduced the level of frustration in the system, believe me, things are really bad back home.

In as much as you all want a safe investment, I plead, please, channel some funds to the start ups of your brother's, nephews, cousins, friends back home, no matter how small. There are no accessible loans, no jobs, how man go survive? Some young entrepreneurs need as little as a 100k to start something.

The fact is Governance is on leave on Nigeria, so who will fight for the poor, the weak, the hungry, the downtrodden, the sick? Who will give them a platform to stand so that they can move the world? Definitely not the Government.

I wish you all well.

hor=CsRockefeller post=84110638]Lovely thread.

U think the first time I came here was a year ago when my sister was looking to invest in TB, I didn't stay long as she wasn't too interested.

As an Economist, I have no problem with people doing portfolio investment, it's part of one of the concept in Economics called "choice" consumers have that right/privilege.

That said, TB, Bonds and all the instruments of the money and capital market are important to the Government as a source of funding the budget, though, in my opinion, very unnecessary.

The Government of Late Yaradua saved about 90billion dollars in foreign reserves, what was it used for? The current administration and previous have used these instruments as a means of budget funding more than their primary purpose of controlling inflation, especially with the TB.

To those who say that Government should crash the rates have salient points to say so, did see the analysis of the recent auction? All three rates were oversubscribed by over 50%, that's a whole lot of idle cash. Let's we forget, as Government continues on this trend, our domestic debt profile continues to look bad, not to leave out the Banks and other Financial institutions who now see the CBN as a cash cow and have neglected their primary duty of receiving deposit, paying cash and lending to the real sector.

Nevertheless, I love the arguments for and against, it's good for a future CBN Governor or Finance Minister to have an open mind and sway a little bit to the left and a little bit to the right.

For those outside the country, we appreciate your contributions in the form of remittances, infact, it's these remittances that has kept consumer spending going and has reduced the level of frustration in the system, believe me, things are really bad back home.

In as much as you all want a safe investment, I plead, please, channel some funds to the start ups of your brother's, nephews, cousins, friends back home, no matter how small. There are no accessible loans, no jobs, how man go survive? Some young entrepreneurs need as little as a 100k to start something.

The fact is Governance is on leave on Nigeria, so who will fight for the poor, the weak, the hungry, the downtrodden, the sick? Who will give them a platform to stand so that they can move the world? Definitely not the Government.

I wish you all well.[/quote]


Our youths need to work on their attitudes and their expectations about life.

I once gave a so called young enterpreneur in my area N40,000 (dash), when he requested for a loan of 100k.
I later found out that he used the money for sport betting.

We need to learn how to delay gratification, nothing good comes easily, we need to have long term plan, learn to live below our means and try to see the bright side of life.

While some of us are complaining about Nigeria, some are legally making money from the same Nigeria.

As a man thinketh so he is.

CsRockefeller:
Lovely thread.

U think the first time I came here was a year ago when my sister was looking to invest in TB, I didn't stay long as she wasn't too interested.

As an Economist, I have no problem with people doing portfolio investment, it's part of one of the concept in Economics called "choice" consumers have that right/privilege.

That said, TB, Bonds and all the instruments of the money and capital market are important to the Government as a source of funding the budget, though, in my opinion, very unnecessary.

The Government of Late Yaradua saved about 90billion dollars in foreign reserves, what was it used for? The current administration and previous have used these instruments as a means of budget funding more than their primary purpose of controlling inflation, especially with the TB.

To those who say that Government should crash the rates have salient points to say so, did see the analysis of the recent auction? All three rates were oversubscribed by over 50%, that's a whole lot of idle cash. Let's we forget, as Government continues on this trend, our domestic debt profile continues to look bad, not to leave out the Banks and other Financial institutions who now see the CBN as a cash cow and have neglected their primary duty of receiving deposit, paying cash and lending to the real sector.

Nevertheless, I love the arguments for and against, it's good for a future CBN Governor or Finance Minister to have an open mind and sway a little bit to the left and a little bit to the right.

For those outside the country, we appreciate your contributions in the form of remittances, infact, it's these remittances that has kept consumer spending going and has reduced the level of frustration in the system, believe me, things are really bad back home.

In as much as you all want a safe investment, I plead, please, channel some funds to the start ups of your brother's, nephews, cousins, friends back home, no matter how small. There are no accessible loans, no jobs, how man go survive? Some young entrepreneurs need as little as a 100k to start something.

The fact is Governance is on leave on Nigeria, so who will fight for the poor, the weak, the hungry, the downtrodden, the sick? Who will give them a platform to stand so that they can move the world? Definitely not the Government.

I wish you all well.

Economic discussions on subject issues weighs far more than profits as the ones coming behind gets stronger grasp of issues. But any contrary stance proves to be a hater to some few. Whatever you consume be careful not to ingest hate

A nation that eradicates treasury bills will stifle from the shock with just real money investments. Current economic stance purely rests purely on the discretion on the fundamental mechanisms through which the CBN makes its decision, one market cycle it feels too much liquity pushes rates down which stocks, equities benefits from the decision, the next market cycle posturing changes.

In the financial markets, there will be fundamental factors that will determine posturing. If a decision doesn't favor an investor,its simple, consider alternative investments or sot out the market cycle simple.

Kunleweb is a thief is a thief like I have control over the economy or the MPC . Thats what happens when people stumble upon profit making mechanisms but don't have adept understanding on how system works. Knowledge that proves more crucial than money itself


Abeg make I go hang out with my folks. They will soon come saying he hates tbills and want government to stop when I looking towards massive holdings
Fulls



Spent eight years studying ten Central bank governors across the world from Chief Ben Bernake to Mario Draghi to Kuroda you'll need the knowledge


By virtue of knowledge door has opened for me in governance and will climb in within a year. Keep learning bro. See you on the other side of progress.would have wanted to share much of my learning tips I learnt up the ladder but then I choose to defer.

There's still more to speak on the subject of tbills and other sector developments stock market etc. But then. Much has been said already

Best of luck bro

emmanuelewumi:


You won't get dividend, but your profit will reflect in the sale price.

You can buy the money market fund, they pay dividends every quarter. With a minimum of N5000 you are good to go. You can can top it up whenever you have money, they currently have about N60 billion under management for the money market fund.

The money market fund invests in Treasury Bills, Commercial papers and other short term financial instruments.

thank you

i have MMF at sIBTC

its bond i want sIBTC dont have that.

the problem now is going to their office to open FBNQ acct.. They close before i can get on week days. FBN branch no agree to help me last time i asked.

can i open acct online now?

thanks

RealityShot:
thank you

i have MMF at sIBTC

its bond i want sIBTC dont have that.

the problem now is going to their office to open FBNQ acct.. They close before i can get on week days. FBN branch no agree to help me last time i asked.

can i open acct online now?

thanks

You can open online.

They open at 8am and close at 5pm, do you work on the Island?

I think people here are more concerned about the return of their capital than returns on their capital, that is what suits their investment temperament and they can't be blamed for that.

Everyone to what works for him or her.

emmanuelewumi:



You can open online.

They open at 8am and close at 5pm, do you work on the Island?

nope far away in ph..

i will try online first ..

thank you

emmanuelewumi:


N20 million in the secondary market, N100 million in the primary market.

If you don't have N20 million, you can buy Fixed income mutual funds

@Emma, this is very informative thanks

I just checked FBNQUEST fixed income fund online, it stated their current bid price is N1243.32, pls what does that mean ?? Does it mean am buying at higher bid or loss already if I put money in ASAP ??

Lastly, am happy with long term investment... so do u think FIF is better than MMF and it is also 100% safe?..... so that my capital wouldn’t depreciate ( very important)


Thanks

RealityShot:
nope far away in ph..

i will try online first ..

thank you

I think they have an office in Port Harcourt

emmanuelewumi:
I think people here are more concerned about the return of their capital than returns on their capital, that is what suits their investment temperament and they can't be blamed for that.

Everyone to what works for him or her.

offcourse!

i knew about this thread like 2013.. Bit i skipped it when i saw something like 12% ...TOO SMALL!

after flexing all my first million with girls and lossing the last bit in MMM...

i came back and saw this thread again..this time..my head has cooled down well well...

I know its better to flex 12% interest than to flex capital!


when one has no one to advice him financial death is inevitable.

now i have co workers who earn twice mine but i got more capital than them...
thanks to MMF + Tbills...


when i will arrive home and buy one hectare and plant palm trees now...people will be thinking

"he do blow" but "i dey grow" lol

rules of investing
1~ never lose money
2~ never forget rule 1
..WARREN BUFFETt

emmanuelewumi:


I think they have an office in Port Harcourt

yep..but its over an hour drive from my office...

cant get there before the close....

but now i know they close 5pm..i shall try on a friday or this holidays.
Thanks

akinola98:


@Emma, this is very informative thanks

I just checked FBNQUEST fixed income fund online, it stated their current bid price is N1243.32, pls what does that mean ?? Does it mean am buying at higher bid or loss already if I put money in ASAP ??

Lastly, am happy with long term investment... so do u think FIF is better than MMF and it is also 100% safe?..... so that my capital wouldn’t depreciate ( very important)


Thanks

Please call my account officer Seun on 08024209755 or send a mail to

oluwaseun.adebowale@fbnquestmb.com
for more information.

kunleweb:



You could have given yourself the nuggets before you jumped oon issues that ought to have been long forgotten


Your existence is inconsequential to me as your comment. Next time when your elders talk, just shut it. Swine

lol broke scammer. elder that's looking to scam a petty 50k is that one an elder

Zornes123:

lol broke scammer. elder that's looking to scam a petty 50k is that one an elder

Whatever rocks your world. Everyone inherits the consequences of their actions. Thats why there's negative karma. Time will dish yours


Puzzle complete. Mission kicks off. Laffs at the devil thinking this hell-initiated propaganda can stop this work. Bruhahaha


Expect your Karmic-delivery

TotoNaRubber:
Hi,
I have a few questions;

1. How do you calculate the yield on bonds. There is a quote 16.39% coupon and yield of 12.06. What does that mean pls?

2. Are the interests based on 16.39% or 12.06%?

3. After investing when do you start receiving coupon payments.

4. Do you need to open an account to invest in bonds?

I can speak to the coupon versus yield question. If my explanation below is difficult to follow, the short answer is that the number you should be looking at and using to compare with other investment opportunities at is the yield.

When a bond is issued, there is a coupon rate associated with it (in this case 16.39%). If the bond is issued at par (N1,000), then what this means that the bond investor will pay N1,000 and every year he/she will get N163.9 in interest payments (typically paid out every 6 months, so N81.95). When a bond is issued at par, the coupon rate equals the yield so an investor who holds this bond until maturity will earn a yield of 16.39% in this case.

Things start getting trick when the initial investor decides to sell the bond in the secondary market. In this case, let's assume that the investor bought a 5-year bond and has held it for 3 years but wants to sell. The new buyer will therefore receive 2 years of interest payments and the return of the bond principal (N1,000 invested by the initial owner).

In this situation, the bond is being sold at a yield of 12.03%. Since the yield is lower than then coupon, that means that interest rates have decreased compared to when the bond was issued. Therefore the new bond buyer will need to pay more money (above par) for a bond that pays out 16.39% interest because the interest rate today is only 12.03%. If you do the math, what this means is that the buyer will pay about N1,073 for every N1,000 par value of bond to earn a yield of 12.03%. He/she will then receive 2 years of interest payments (N81.95 every 6 months) and the return of the original face value of the bond (N1,000).

kunleweb:



Whatever rocks your world. Everyone inherits the consequences of their actions. Thats why there's negative karma. Time will dish yours


Puzzle complete. Mission kicks off. Laffs at the devil thinking this hell-initiated propaganda can stop this work. Bruhahaha


Expect your Karmic-delivery

sorry bro but jokes off you are jobless being able to reply every thing in seconds. get a life. let's respect elders like ahib and the others and let's talk Tbills. so looking for innocent preys here no one will fall for it and stop creating multiple Monica's it only makes you look stupid. I won't reply your mention anymore broke scammer.

Zornes123:

sorry bro but jokes off you are jobless being able to reply every thing in seconds. get a life. let's respect elders like ahib and the others and let's talk Tbills. so looking for innocent preys here no one will fall for it and stop creating multiple Monica's it only makes you look stupid. I won't reply your mention anymore broke scammer.

Funnily. Like I knew about your existence until you came off wandering off. Besides blackmail what have your godfathers tutored you?

Come one lecture me to humble my stvpidity and joblessness. What your father's here gathered for two weeks, its you weakling that wants to try to achieve it in what, a day. Spits on your head. And slaps him. You're as stupid as the other other ones you're bitching on behalf


When you have solid stuffs to throw, come at me. Till then, get your inconsequential existence off my mention stupeed clout chaser

Zornes123:

sorry bro but jokes off you are jobless being able to reply every thing in seconds. get a life. let's respect elders like ahib and the others and let's talk Tbills. so looking for innocent preys here no one will fall for it and stop creating multiple Monica's it only makes you look stupid. I won't reply your mention anymore broke scammer.

And when your ilks have more than blackmail. Come I'm here for you.


Pieces of the giant puzzle is already completed. Any attacks by hell is just a waste of time. I know what Lucifer is through these unclean beings trying to do.

Celestial or terrestrial I'm ready

Thanks for the explanation, what I understand is that the new buyer will pay more to obtain the bond and then still earn less in Interest payments, at the end of the day, the real interest payments for a two year bond could be 10.5%.

What do you think?

katamo:


I can speak to the coupon versus yield question. If my explanation below is difficult to follow, the short answer is that the number you should be looking at and using to compare with other investment opportunities at is the yield.

When a bond is issued, there is a coupon rate associated with it (in this case 16.39%). If the bond is issued at par (N1,000), then what this means that the bond investor will pay N1,000 and every year he/she will get N163.9 in interest payments (typically paid out every 6 months, so N81.95). When a bond is issued at par, the coupon rate equals the yield so an investor who holds this bond until maturity will earn a yield of 16.39% in this case.

Things start getting trick when the initial investor decides to sell the bond in the secondary market. In this case, let's assume that the investor bought a 5-year bond and has held it for 3 years but wants to sell. The new buyer will therefore receive 2 years of interest payments and the return of the bond principal (N1,000 invested by the initial owner).

In this situation, the bond is being sold at a yield of 12.03%. Since the yield is lower than then coupon, that means that interest rates have decreased compared to when the bond was issued. Therefore the new bond buyer will need to pay more money (above par) for a bond that pays out 16.39% interest because the interest rate today is only 12.03%. If you do the math, what this means is that the buyer will pay about N1,073 for every N1,000 par value of bond to earn a yield of 12.03%. He/she will then receive 2 years of interest payments (N81.95 every 6 months) and the return of the original face value of the bond (N1,000).