One-Month T-Bills Yield Depreciates to 8.74%
https://businesspost.ng/economy/one-month-t-bills-yield-depreciates-to-8-74/

This bonds stuff doesn't favour the middle class or upcoming guys to tap into. The primary and secondary market entry investment is much.... 20million minimum. I know bond fund is there but nothing like doing it directly. Men for those that hit 50million, u guys are the real player now since tb had crash

Thanks alot great man!

I will visit FBN quest asset managers soonest..

Thanks..I really appreciate the time you put in to give out financial education..

emmanuelewumi:


You can only get from the investment banking subsidiaries of Stanbic IBTC or FBN.

Or the following registered investment houses.

Investment one

United Capital

Chapel Hill Denham

Axa Mansard

GTI capital

CSL stockbroker


Meristem

And many more

TotoNaRubber:
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?

No. In this example, the new buyer will pay N1,073 and receive N163.9 per year for 2 years and N1,000 return of principal at the end of the second year. The interest payment is 15.27% of the investment (N163.9/N1,073) but the return of principal is only N1,000 and not N1,703 which reduces the yield/return to 12.03%.

ogawisdom:


Make una free me Jaree

I have made my point already, no sentiment

TB should be reduced to less than 1% for us to build a healthy Nigerian economy. If u don't like it u go and set up a biz with ur fund. No one should quote me again to talk nonsense to avoid e-slap

E-slap this really got me rodfnl. If you don't understand rodfnl, ask your kids

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 2001 is now worth over N40 million, the dividend received in 2018 is over 3 times the amount invested.

Please is Eurobond better than stanbic dollar fund? What’s the minimum, also do you know if stabic also offers Eurobond?
I’ll like to know your thoughts on dollar, will this current 360 be sustained or do you think devaluation could be on the way

Ok the actual interest is 12.03% and never 16.39%?

katamo:

No. In this example, the new buyer will pay N1,073 and receive N163.9 per year for 2 years and N1,000 return of principal at the end of the second year. The interest payment is 15.27% of the investment (N163.9/N1,073) but the return of principal is only N1,000 and not N1,703 which reduces the yield/return to 12.03%.

It sounds tricky but at the end of the day the actual interest is 12.03% and never 16.39%?


quote author=ukay2 post=84118211]

No Sir...

The new buyer will enjoy the coupon of 16.39% if his able to pay for the bond at the current price.[/quote]

chigo4u:

Please is Eurobond better than stanbic dollar fund? What’s the minimum, also do you know if stabic also offers Eurobond?
I’ll like to know your thoughts on dollar, will this current 360 be sustained or do you think devaluation could be on the way

I know Stanbic has a dollar fund, I think Jejebaba has one with them.

FBN Quest and United Capital are the two firms that I am very familiar with and they both have Eurobond funds.

CBN is trying hard to defend the Naira, I wish them the best concerning this

emmanuelewumi:


I know Stanbic has a dollar fund, I think Jejebaba has one with them.

FBN Quest and United Capital are the two firms that I am very familiar with and they both have Eurobond funds.

CBN is trying hard to defend the Naira, I wish them the best concerning this

Thanks. Good luck to Emefiele/buhari lol

Just2endowed2:
This bonds stuff doesn't favour the middle class or upcoming guys to tap into. The primary and secondary market entry investment is much.... 20million minimum. I know bond fund is there but nothing like doing it directly. Men for those that hit 50million, u guys are the real player now since tb had crash

You mean ordinary 20m is for higher class? Lmao!

In as much as I am sad at the dwindling TB rates, I see it as a good step in growing the economy, there is a huge demand for rice in the country, coupled with the border closure, this is a big opportunity to invest in the real economy, there are a lot of business opportunities available in Nigeria now, but an elevated sense of fear will not allow people invest in the real sector

richforever123:
In as much as I am sad at the dwindling TB rates, I see it as a good step in growing the economy, there is a huge demand for rice in the country, coupled with the border closure, this is a big opportunity to invest in the real economy, there are a lot of business opportunities available in Nigeria now, but an elevated sense of fear will not allow people invest in the real sector

I agree with you but I'm not sad. TBs will always be there but that wall of 'lazy' money needs to find ahome in the real sector.

emmanuelewumi:


You can only get from the investment banking subsidiaries of Stanbic IBTC or FBN.

Or the following registered investment houses.

Investment one

United Capital

Chapel Hill Denham

Axa Mansard

GTI capital

CSL stockbroker


Meristem

And many more

this post got me thinking...
You cant be wrong twice...

So I logged into my sibtc asset management account and boom! There I saw bond fund!

Never noticed it.. Lol.. Thank you...

The highlights are cool..

Stanbic IBTC Bond Fund
The Fund was started in 2010.
Initial Price: ₦100 (Nominal Value)
Asset Allocation: Maximum 35% Fixed Income Securities, Minimum 65% in Bonds
Minimum Investment: N5,000 initial and subsequent investment of N5,000
Minimum holding period : 91 days
Redemption within 5 working days...


But I don't understand their rates.. They just quote prices on the page below
https://www.stanbicibtcassetmanagement.com/nigeriaassetmanagers/personal/Price-History

Investment is truly a step by step process... See me now learning about bonds.. Hahaha!

Thank you Sir

richforever123:
In as much as I am sad at the dwindling TB rates, I see it as a good step in growing the economy, there is a huge demand for rice in the country, coupled with the border closure, this is a big opportunity to invest in the real economy, there are a lot of business opportunities available in Nigeria now, but an elevated sense of fear will not allow people invest in the real sector

Another clown creates an account in November, comes directly to this thread to remind us to invest in "real sector."

Clown.

jabolo:


I agree with you but I'm not sad. TBs will always be there but that wall of 'lazy' money needs to find a home in the real sector.

Thanks for your response, most top economies in the world have very low TB interest rates, that is because their economy is so strong that they do not require public funds for initiating projects, they usually get them through tax, Nigeria has started implementing strong tax policy, I really don't see TB rates rising anytime soon, at least for this Government, I used to be a strong investor in TB, but now I am thinking of going into something else like starting a farm or building an App, at least I will help the economy in my own little way and provide employment

Things are tough now, but we must succeed

Grupo:


Another clown creates an account in November, comes directly to this thread to remind us to invest in "real sector."

Clown.

I must state that I have been a strong investor in T-bills and have been following this thread for years as a guest, I only recently wished to start contributing and sharing ideas with the intelligent minds we have here, however we must understand that things are changing drastically in Nigeria and like a Bamboo we must bend and not break

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 involved in bonds at all but let me try to explain what I learnt from by Fixed Income (Bond) Professor.
1. The coupon rate is the annual interest rate while the yield is rate of return the bond gives. Coupon rate is mostly fixed by the government (seller) while the yield will fluctuate throughout the tenor of the bond depending on market conditions. So as an example, if you buy a N10,000 bond with a coupon rate of 16.39%, you will get paid N1,639 (16.39%*N10000) every year (Note that this could be split into four parts, payable every quarter if that is how the bond works). Now the yield of 12.06% is the estimated total rate of return (which assumes you hold the bond to maturity and somehow takes into account the coupon too).
2. Interest is based on the coupon rate of 16.39%
3. I have never invested, so I don't know but typically when you buy, there should be a coupon payment schedule given

People of TB-Land, biko, when is the next primary market auction?

Pls, is NTB secondary market no longer available at all? I need update on Secondary market, especially from FBN.

[quote author=RealityShot post=84126484]this post got me thinking...
You cant be wrong twice...

So I logged into my sibtc asset management account and boom! There I saw bond fund!

Never noticed it.. Lol.. Thank you...

The highlights are cool..

Stanbic IBTC Bond Fund
The Fund was started in 2010.
Initial Price: ₦100 (Nominal Value)
Asset Allocation: Maximum 35% Fixed Income Securities, Minimum 65% in Bonds
Minimum Investment: N5,000 initial and subsequent investment of N5,000
Minimum holding period : 91 days
Redemption within 5 working days...


But I don't understand their rates.. They just quote prices on the page below
https://www.stanbicibtcassetmanagement.com/nigeriaassetmanagers/personal/Price-History

Investment is truly a step by step process... See me now learning about bonds.. Hahaha!

Thank you Sir [/qu

I just checked but no interest rate on it. The best should be to email them and find out what they can offer.

Regarding fgn, bond investment, I invested 5M, in fgn, Sukuk
Bond through TRW, stock brokers I get quarterly payment of 170k, I did this when I suspect rate may be going down about 7 months ago

Good Morning,

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richforever123:
In as much as I am sad at the dwindling TB rates, I see it as a good step in growing the economy, there is a huge demand for rice in the country, coupled with the border closure, this is a big opportunity to invest in the real economy, there are a lot of business opportunities available in Nigeria now, but an elevated sense of fear will not allow people invest in the real sector

When you say fear, I wonder what you mean. If I cannot swim and you tell me to jump into the river to collect a bag of money and I say no, is that fear? So should I jump into the river? For your information some of us are in the real economy and it’s not funny. I know what I pay as PR to be able to stay in the real economy. I just recovered almost a million from one of my sales boys with the help of the airforce (as I am a member of their mess - maintaining membership comes with a cost). So when people say real economy I just laugh - who no go no know.

A woman in my estate explained treasury bill to my family and we piked interest in it. Haven't started investing yet but hope to .

Please house, this is what she explained: she said if you put a certain amount of money in the bank( CBN) ...every month you get 20%..or 10% of that money .

Intact she said she doesn't even work as she invested 200million and gets up to 50 million yearly.


Is this what treasury bill is
Please can someone explain in a very simple A B C type of language
I tried reading this post but honestly I don't understand anything .


Plsss someone explain ......in a simple way. Thank you.

hi guys! This is the second time consecutively that my T-bills investment is not going through...
So I need suggestions on what to invest in and it's less risky.

crowntoro:
hi guys! This is the second time consecutively that my T-bills investment is not going through...
So I need suggestions on what to invest in and it's less risky.

Invest part of the money in your financial education.

Buy money market funds

Buy bonds

From your profile, I can see that you sell phones and other things, use part of the money to expand your business.

Be informed about the economy, finance, management, business, strategy, world politics, investment etc, all these will help you when you want to start investing in some companies on the stock market or when certain business opportunities come up

Perra:
A woman in my estate explained treasury bill to my family and we piked interest in it. Haven't started investing yet but hope to .

Please house, this is what she explained: she said if you put a certain amount of money in the bank( CBN) ...every month you get 20%..or 10% of that money .

Intact she said she doesn't even work as she invested 200million and gets up to 50 million yearly.


Is this what treasury bill is
Please can someone explain in a very simple A B C type of language
I tried reading this post but honestly I don't understand anything .


Plsss someone explain ......in a simple way. Thank you.

Not possible to get N50 million, but she will get between N24 to N28 million.

Perra:
A woman in my estate explained treasury bill to my family and we piked interest in it. Haven't started investing yet but hope to .

Please house, this is what she explained: she said if you put a certain amount of money in the bank( CBN) ...every month you get 20%..or 10% of that money .

Intact she said she doesn't even work as she invested 200million and gets up to 50 million yearly.


Is this what treasury bill is
Please can someone explain in a very simple A B C type of language
I tried reading this post but honestly I don't understand anything .


Plsss someone explain ......in a simple way. Thank you.

Not true. Money given to CBN does not yield interest every month. TB interest is paid once and at the beginning of the investment. At the end of the investment, you only get your initial money back.

Please explain ooo. People . please explain . how does Treasury bill work??

NL1960:


Not true. Money given to CBN does not yield interest every month. TB interest is paid once and at the beginning of the investment. At the end of the investment, you only get your initial money back.

Except the woman bought 30 days Treasury Bills from the secondary market