Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,192,730 members, 7,948,686 topics. Date: Saturday, 14 September 2024 at 08:18 AM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4632978 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) ... (1259) (1260) (1261) (1262) (1263) (1264) (1265) ... (2262) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:51am On May 28, 2020 |
ukay2: Dr Ukay is someone I know, his annual coupons is more than his annual salary courtesy of his bond investments in the last 20 years. 13 Likes |
Re: Treasury Bills In Nigeria by Crazeworld(m): 12:43pm On May 28, 2020 |
emmanuelewumi:Excuse me sir, please what's the meaning of coupons in investment? |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 12:44pm On May 28, 2020 |
ukay2: Wow! Why would someone commit their money from 30 years?? Such confidence! What if Naija disintegrates tomorrow. Well different strokes for different folks. I respect their decision 4 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:47pm On May 28, 2020 |
Crazeworld: Interests paid by the bond twice a year, that is every 6 month 8 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:49pm On May 28, 2020 |
odimbannamdi: Some people are using it to create a steady Pension for themselves for the next 30 years even though they are still working and not retired 8 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:51pm On May 28, 2020 |
Nothing gives an employee a peace of mind like when you know you invest all your salaries, spend part of the returns from your Investments and your Investments give you more income than your salary 22 Likes 2 Shares |
Re: Treasury Bills In Nigeria by confluence: 12:54pm On May 28, 2020 |
Your words of wisdom is a blessing to those who can decern it, please sir can one open more than one cscs account emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:58pm On May 28, 2020 |
confluence: Do you have one? |
Re: Treasury Bills In Nigeria by XiaoLi: 1:17pm On May 28, 2020 |
I just put a call to my Aboki, he said rate yesterday was 450 but they expect to get $ from CBN by next week or 2 weeks later so the rate will drop in few weeks to come, he advised anybody buying $ now should pause except if really necessary. Hope this thing goes down soon. AdaoraNK: 4 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 1:18pm On May 28, 2020 |
odimbannamdi: I used to think like this, but then I think the logic is this: if naija disintegrates, even your money in your normal savings account or dorm won't be safe either. So, why not invest it for the long term. In the event of disintegration, only your raw dollars, real estate within your region may be safe. Bosses, is my logic correct? 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by 9jatriot(m): 1:22pm On May 28, 2020 |
Bros, 2000? that is 20 years ago. Some of us only knew the word "Bond" as the past tensed of Bind not in terms of money as at the year 2000. ukay2: 15 Likes |
Re: Treasury Bills In Nigeria by confluence: 1:23pm On May 28, 2020 |
Yes sir am currently out of the country and the funds I wanted to use will mature by ending of june, please don’t mind my too much questions I have looked at that United capital you advised for WILL I did not see a link for that emmanuelewumi: |
Re: Treasury Bills In Nigeria by XiaoLi: 1:24pm On May 28, 2020 |
I'd rather convert my idle cash to $ and earn 5% annually instead of doing bond of 10 years and getting 15% coupon annually! ukay2: 1 Like |
Re: Treasury Bills In Nigeria by emmasoft(m): 1:35pm On May 28, 2020 |
XiaoLi: Higher risk follow by higher returns. Every investor is adviced to stick to his/her risk tolerance level at any point in time to avoid the stories that touches the heart. 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:38pm On May 28, 2020 |
confluence: You can have as many CSCS accounts as possible, but it is advisable to have just one Clearing House Number 1 Like |
Re: Treasury Bills In Nigeria by confluence: 1:39pm On May 28, 2020 |
Ok sir, what about the United capital will writing emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:42pm On May 28, 2020 |
XiaoLi: If you earn Naira and have dollar expenses eg school fees, rent etc, it is better to convert about 70% of your earnings to dollars and dollar denominated investments. 8 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:44pm On May 28, 2020 |
confluence: Whaoo, you are already thinking in that line. Any lawyer can help you, just that some of us like dealing with institutions 2 Likes |
Re: Treasury Bills In Nigeria by confluence: 1:51pm On May 28, 2020 |
I don’t trust Nigeria lawyers I have read somewhere when a lawyer collided with the person wife to eliminate the husband so that they have access to the mans business, but I think institution like the United capital will not involve in such mess emmanuelewumi: 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 1:55pm On May 28, 2020 |
emmanuelewumi: Independent worker, working for the relationship and not money. 1 Like |
Re: Treasury Bills In Nigeria by XiaoLi: 1:58pm On May 28, 2020 |
Without dollar expenses like school fees e.t.c i will still convert my idle cash to $ and invest in $ denominated investments, Naira devaluation have really shown me shege, once there is a devaluation of naira most of your profit in naira denominated investments will go fiamm! emmanuelewumi: 2 Likes |
Re: Treasury Bills In Nigeria by Alaska90(m): 2:01pm On May 28, 2020 |
XiaoLi: Please which dollar investment are you talking about here? Heard Euro bond is suspended 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:04pm On May 28, 2020 |
XiaoLi: Different strokes for different folks |
Re: Treasury Bills In Nigeria by Nobody: 2:06pm On May 28, 2020 |
XiaoLi: Hello there, Would you please advise on how to make such investment in dollars at 5%? Thanks in advance 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 2:07pm On May 28, 2020 |
emmanuelewumi: Hello sir, Would you please advise on how to make such investment in dollars at 5%? Thanks in advance 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:09pm On May 28, 2020 |
mra123: Ask Xiaoli. FG has Sovereign Eurobonds, you will need minimum of $100,000 to $200,000 to buy them in the primary market, your best bet might be Eurobond funds |
Re: Treasury Bills In Nigeria by Grupo(m): 2:10pm On May 28, 2020 |
9jatriot: Hahaha. That was why I was asking if there were under 30 guys here the other day. Let me not lie, in 2,000, I was in primary 3. Hahaha. 12 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:27pm On May 28, 2020 |
emmanuelewumi: Thank you sir. How does the Eurobond funds work? |
Re: Treasury Bills In Nigeria by XiaoLi: 2:50pm On May 28, 2020 |
I think It depends on how much you want to invest? I currently have commercial paper with FBN quest, you can contact them to inquire the minimum amount they will accept as i don't know if this investment porfolio is available for small investors. You can also do sovereign eurobond. This is the message i received from FBN quest"Hello ..,There are 11 Sovereign Eurobond options with different maturities and yields. Yields may vary from as low 3.5% to possibly as high as 6.5% or even more depending on the Bond price and maturity" better you contact FBN quest but i'm sure they will have something for you. mra123: |
Re: Treasury Bills In Nigeria by ojesymsym: 3:04pm On May 28, 2020 |
Wow... And you are here thinking investment, lucky you to start early. Make sure you marry someone with similar investment mentality and not those high maintenance slay queens otherwise you will find yourself liquidating all your investments one by one. In short, before you marry, carry her come here for screening because I don't trust you, by the time they rub your head two times, you go release ATM password and account login details. Grupo: 25 Likes 1 Share |
Re: Treasury Bills In Nigeria by ojesymsym: 3:06pm On May 28, 2020 |
MTN has something currently with 1M as minimum, I have a mail from afrinvest to that effect. XiaoLi: |
Re: Treasury Bills In Nigeria by Grupo(m): 3:09pm On May 28, 2020 |
ojesymsym: Hahahaha. The bolded made me laugh so hard. Yes, I'll bring her here for vetting. 1 Like |
(1) (2) (3) ... (1259) (1260) (1261) (1262) (1263) (1264) (1265) ... (2262) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: jidejado(m) and 3 guest(s)
(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. 48 |