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Nairaland Forum / Nairaland / General / Investment / Treasury Bills (848 Views)
How Do I Invest In Treasury Bills In Nigeria? 2019 Guide / Are Treasury Bills Rates Likely To Increase Or Decrease In The Next 6 Months? / Why Invest In Treasury Bills When Theres Stanbic's Mutual Funds? (2) (3) (4)
Treasury Bills by Nobody: 10:33am On Dec 26, 2019 |
Compliments of the season guys. So i have a little money i want to throw into Tbills. I just need to know from those that are into it already.. From your experience which bank in Nigeria is best to invest with in this respect. Your advice/ contributions will be appreciated. Thanks |
Re: Treasury Bills by meshpips(m): 11:03am On Dec 26, 2019 |
dairykidd: I don't think investing in treasury bills is a smart thing to do. Find out the rate per annum then find out what is the current *inflation rate* in Nigeria. You will see that nearly everything you were supposed to get as profit (or return on investment) would have been eaten up by inflation. Just my view! 1 Like 1 Share |
Re: Treasury Bills by Nobody: 11:32am On Dec 26, 2019 |
meshpips: Wow.. thanks for the advice. Maybe i go discuss with my banker first but i don't want him selling me what he has that's why i came here to know which bank has a better option. Going with ur comment i will look into those loop holes u mentioned. |
Re: Treasury Bills by cutedharmee: 6:58am On Dec 27, 2019 |
dairykidd:Try Stanbic IBTC...rate has seriously gone down thou... 1 Like |
Re: Treasury Bills by Nobody: 7:03am On Dec 27, 2019 |
cutedharmee:Okay. I have an account there so i will discuss it with them later today. If it's good enough i will try. Wish i can understand when u say rate has gone down tho |
Re: Treasury Bills by cutedharmee: 7:19am On Dec 27, 2019 |
dairykidd:Like there is crash in interest rate....there's a thread for treasury bill, search for it and I bet u its gonna be helpful. |
Re: Treasury Bills by Nobody: 7:28am On Dec 27, 2019 |
cutedharmee:Alright i will & thanks again |
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