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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4617523 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)
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Re: Treasury Bills In Nigeria by freeman67: 10:27am On Jan 09, 2020 |
emmanuelewumi: What is the difference between investment Banking and asset management? 2 Likes |
Re: Treasury Bills In Nigeria by yomi007k(m): 10:42am On Jan 09, 2020 |
Good morning house. ![]() Something awkward just happened this morning. My T.bills that is supposed to mature in March 15th just dropped and I was still paid in full. Has anyone experienced this before? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:01am On Jan 09, 2020 |
freeman67: Asset Management and Investment banking are different and also interrelated related. Asset Management firms have equity mutual fund products, money market fund products, fixed income fund products, Eurobond fund products , REITs , Wealth management products and other derivatives. Wealth management products assist investors in perpetuating their wealth and Investment from generation to generation, through the creation and management of Trust accounts. There are people who earn tens of millions and more annually through such trust accounts . Investment banking involves assisting big businesses/ government etc to raise funds for Investments, businesses and projects etc. The funds can be in form of equity or debt. They act as issuing houses to public offerings, right offerings etc, they are also Investment advisers to businesses, government and High Networth Investors. They also help in the marketing of highly lucrative deals, business and investment opportunities to High Networth Investors. This is just a summary, asset management firms and Investment banking firms do more than these. 4 Likes |
Re: Treasury Bills In Nigeria by Jejebabaa: 11:15am On Jan 09, 2020 |
ukay2:Apologies for my late response. I figured out that Oga Emma already added you to the SMI group. Enjoy sir. |
Re: Treasury Bills In Nigeria by freeman67: 11:36am On Jan 09, 2020 |
emmanuelewumi: Thank you Sir. Been trying to separate both for a while. |
Re: Treasury Bills In Nigeria by Powerexpert: 11:59am On Jan 09, 2020 |
Under what asset can we place 'generators'? |
Re: Treasury Bills In Nigeria by ukay2: 12:22pm On Jan 09, 2020 |
Jejebabaa: Thanks Sir |
Re: Treasury Bills In Nigeria by maslong(m): 1:37pm On Jan 09, 2020 |
mikylon: Good day sir, please help me with the following questions : 1 what is the minimum amount required to buy FGN bond. 2 what is time duration for the investment to be matured. 3 If I should invest like 4 millions, how much is it likely yield per month. Thanks as I await your answers . 1 Like |
Re: Treasury Bills In Nigeria by emmasoft(m): 2:10pm On Jan 09, 2020 |
Gforce2015: I don't think so Sir. My signature is an account opening form for all investment products from investment one. Both mutual funds and stocks. my phone number is also there you can send a chat. The VGIF apart form the MMF is one of the products it's not stocks. 1 Like |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 2:23pm On Jan 09, 2020 |
yomi007k:Yes o. Mine was supposed to mature by February but it dropped on the 3rd of January and was paid in full too. Gtbank 1 Like |
Re: Treasury Bills In Nigeria by ozymes: 2:34pm On Jan 09, 2020 |
Which bank? yomi007k: |
Re: Treasury Bills In Nigeria by yomi007k(m): 2:36pm On Jan 09, 2020 |
OgogoroFreak: Wow. This is a new development. |
Re: Treasury Bills In Nigeria by yomi007k(m): 2:36pm On Jan 09, 2020 |
ozymes: First bank. |
Re: Treasury Bills In Nigeria by ozymes: 2:40pm On Jan 09, 2020 |
Any explanations from them on this development? yomi007k: |
Re: Treasury Bills In Nigeria by unite4real: 2:44pm On Jan 09, 2020 |
OgogoroFreak: wow. let me run and check. February na cash windfall for me. 4 bonds mature with their final coupons plus 3 Treasury bills. If they are liquidating the TBs before maturity, its kind of strange. i want to suggest you look again on your investment advice, just to be triple sure. Banks really do not like loosing a second of income to anyone. i am forced into thinking the TBs were secondary market (in the bank's control) and the banks are trying to reduce their cash to not default on the CBNs 65% loan to deposit ratio. People no gree come forward to collect loans and if they keep the cash in excess of 35%, na sanction straight from CBN. 4 Likes |
Re: Treasury Bills In Nigeria by billtommy(m): 2:45pm On Jan 09, 2020 |
ozymes: comparing the purchased rate with the present low rates, that is even being over subscribed. I think returning investments that were subscribed at high rate shouldnt be a problem. infact, i think they are gaining more.....considering time factor. |
Re: Treasury Bills In Nigeria by mikylon(m): 3:11pm On Jan 09, 2020 |
maslong: 4 Likes |
Re: Treasury Bills In Nigeria by ozymes: 3:13pm On Jan 09, 2020 |
Just my thought too billtommy: |
Re: Treasury Bills In Nigeria by jedisco(m): 3:25pm On Jan 09, 2020 |
emmanuelewumi: My sentiments exactly. I believe it's an area with very good prospects but with lots of new agri tech companies and lots of money to be made, without the right oversight, it may just be a matter of time before it becomes another ponzi-like scheme. I have no issues testing them out with little money, but the fear is that after that, one is likely to then invest significantly, and that's when they usually start disappearing. Didn't know about that story but it's not surprising. Getting the money is one thing. They using it judiciously and turning out profit in a short while is the real issue I'm looking towards FBN MMF. Though their rates are not so brilliant, but it's more dependable |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:33pm On Jan 09, 2020 |
jedisco: Invest just what you can afford to lose in the numerous crowd funding Schemes eg 100k and below although I can't invest in such ventures because I don't invest in what I don't understand. Try FSDH Asset Management, their rate is about the highest for now 11% 1 Like |
Re: Treasury Bills In Nigeria by DaBogu: 4:04pm On Jan 09, 2020 |
I am certainly open. emmanuelewumi: |
Re: Treasury Bills In Nigeria by unite4real: 4:07pm On Jan 09, 2020 |
emmanuelewumi: 2 days ago it was actually 9.58%. still doing well actually 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:16pm On Jan 09, 2020 |
Dangote is opening office in new York to serve as investment arm of the group to buy into dollars assets for sustainability of family wealth.....hmmmm dangote dangote still dey find money....why me no go try preserve my chicken change in more reliable assets.... 11 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 4:21pm On Jan 09, 2020 |
emmanuelewumi: I haven't heard of them. Are they affiliated to any bank? I just opened an FBN MMF account and their rates are about 8.8% 2 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 4:22pm On Jan 09, 2020 |
![]() ![]() ![]() ![]() ![]() ahiboilandgas: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:25pm On Jan 09, 2020 |
jedisco: Have you heard of FSDH Merchant Bank? A google search will be of help. |
Re: Treasury Bills In Nigeria by ukay2: 4:41pm On Jan 09, 2020 |
ahiboilandgas: I am oliver twist. ....wants some little more Once you feel you have arrived (relaxed). ...you will start going down 4 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 4:58pm On Jan 09, 2020 |
emmanuelewumi: Just got off the phone with them. Their TB rate is 9.4% which corresponds with what's on the app. Annoyingly, they said the Coral income fund is 8% (whereas 11% is stated on the app). They insist the app has issues and is in the process of being corrected 2 Likes |
Re: Treasury Bills In Nigeria by yomi007k(m): 4:59pm On Jan 09, 2020 |
ozymes: No explanations given.I'm yet to ask the bank as I'm at work. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:04pm On Jan 09, 2020 |
jedisco: Treasury Bill at 9.4% or money market fund? 1 Like |
Re: Treasury Bills In Nigeria by X21: 5:11pm On Jan 09, 2020 |
emmanuelewumi: this 9.4% being quoted must be one year (prior 12 months) average earnings do not assume that current investment will give that yield |
Re: Treasury Bills In Nigeria by jedisco(m): 5:45pm On Jan 09, 2020 |
emmanuelewumi: Their FSDH TREASURY BILLS FUND Said the rate changes daily. Was about 12% before Christmas. I suspect it would continue to decline for now |
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