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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4686294 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 afroxyz: 7:48am On Jun 16, 2020 |
Nnamz: Well, you are not renting houses. So all these are armchair theories 5 Likes |
Re: Treasury Bills In Nigeria by unite4real: 7:57am On Jun 16, 2020 |
Sholapey: I have worries over MTN because of a litigation problem against them brewing up in the US. Time to be careful stocking up https://nairametrics.com/2020/06/07/mtn-group-runs-into-trouble-in-the-us-faces-new-allegation/ 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 8:14am On Jun 16, 2020 |
emmaodet: Can I PM you sir? Something you said is of interest to me. Thank you in advance. |
Re: Treasury Bills In Nigeria by Nakedman: 9:13am On Jun 16, 2020 |
AdaoraNK: I have millions of naira in bonds running till 2034, and 2027. Man no die man no rotten. If naija crash, it crashes. Life moves on. Life is all about Risk nothing is certain. 7 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 9:20am On Jun 16, 2020 |
ahiboilandgas: Some of that money will come to the NSE. |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 9:28am On Jun 16, 2020 |
Nakedman: Love your spirit. But then we should be careful, bearing in mind how fragile and unrealist our economy is. Politicians ruling this country don't care about the future but only the interest and future of their political gangsters. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by NL1960: 9:39am On Jun 16, 2020 |
Sholapey: Madam, i no go mind to be your Hand Bag Carrier aka PA o. |
Re: Treasury Bills In Nigeria by GonFreecss1: 9:40am On Jun 16, 2020 |
unite4real: This is why for things like this, it’s advisable to calculate your YTM (Yield to Maturity), so you know how much you will actually get. Oga “unite4real”, you are doing well. Which stockbroker do you use? |
Re: Treasury Bills In Nigeria by unite4real: 10:48am On Jun 16, 2020 |
GonFreecss1: Morgan capital, Afrinvest and Stanbic 1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 10:48am On Jun 16, 2020 |
AdaoraNK: What will make “Nigeria” start defaulting on bonds, then the next target will be Tbills, which if it happens I can guarantee your money in your bank account is also as good as not being able to be withdrawn. All this fear will just make people not to invest, even the USA has massive debts. Better Economy? Still massive Gargantuan debts. Does this mean people should rush and buy crypt0? Bt1c and the rest? Or Gold? And become speculators? 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 10:49am On Jun 16, 2020 |
unite4real: Thank you very much. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:01am On Jun 16, 2020 |
GonFreecss1:...how will a sovereign default affect monies in saving accounts in Gtb a private enterprise insured by Ndic?...how will it other securities like shares in dangote or how will stop my rents coming ....dont compare Nigeria economy to america please.....may be Egypt or Argentina etc..... 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 11:11am On Jun 16, 2020 |
unite4real:Thanks for this information, I will look elsewhere then. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:11am On Jun 16, 2020 |
GonFreecss1:person must not invest in invincible asset.. Their are more investments outside fixed income space in Nigeria.. |
Re: Treasury Bills In Nigeria by GonFreecss1: 11:14am On Jun 16, 2020 |
ahiboilandgas: Oga ahib. There is a way the economy works. The NDIC is what again? Are they not the same government? The insurance you are talking about is just 500K. If we are also talking about how the long economy works, if majority right now wanted to withdraw their money. NDIC will not even be able to help give at 100K each to the people who have 100K and above. I think I can compare Nigeria with the US because good economy or not, it’s the same thing. Their debt to GDP is extremely high. If push comes to shove, If they don’t default they will print more dollars. I don’t need to start explaining the problems with that. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 11:16am On Jun 16, 2020 |
NL1960:Bag Carrier bitibawo? We are going to the top together my brother be guided. We shows the way by leading. 8 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 11:16am On Jun 16, 2020 |
ahiboilandgas: Majority will still be affected. This things are all tied. They are all connected. So if you don’t invest in fixed income, where do you invest? Banking fixed deposits? Stocks of banks? Lol. 1 Like |
Re: Treasury Bills In Nigeria by ojesymsym: 11:31am On Jun 16, 2020 |
Trump has even been printing USD since. GonFreecss1: |
Re: Treasury Bills In Nigeria by GonFreecss1: 11:33am On Jun 16, 2020 |
Re: Treasury Bills In Nigeria by Nakedman: 11:36am On Jun 16, 2020 |
AdaoraNK: I quite understand your perspective. My coupons get invested in foreign currencies, Cryptocurrency and land. I won't put all eggs in one basket. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:37am On Jun 16, 2020 |
GonFreecss1:if u are given 200m and told u should not invest in fixed income or Nse ...so that will be the end ..... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:38am On Jun 16, 2020 |
ojesymsym:the 500k cover 90 percent of all deposits in banking system 2 Likes |
Re: Treasury Bills In Nigeria by olujaidi: 11:49am On Jun 16, 2020 |
GonFreecss1: How did you come to this conclusion? |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 11:50am On Jun 16, 2020 |
Nakedman: Better. I think we need to understand that portfolio investors take serious considerations on political leaders and thier appointees to determine the future of what the country's future economic look out will be like in next 8 years 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 11:54am On Jun 16, 2020 |
ahiboilandgas: Nope. And this discussion is not about me. It’s for the fear created in others about fixed income. A fear that is not needed. Again, not everyone can run a business. 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 12:00pm On Jun 16, 2020 |
olujaidi: It’s in the fine print. Banking and even insurance companies all work on the principle that not everyone needs their money or will have a problem at the same time. That is why you see things like withdrawal limits and transfer limits. This are things put in place to avoid problems. The more scarce the currency the more the restrictions. CC dollars and other FX currency limits. |
Re: Treasury Bills In Nigeria by GonFreecss1: 12:03pm On Jun 16, 2020 |
AdaoraNK: And what has that got to do with failure to pay it off? The FGN is a system, though administrated by politicians every 4 or 8 years or whatever year applies. There are somethings that just don’t happen. There is a system in place for that reason. A system even they know tampering with is suicide. Something devastating that will affect them too. 1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 12:05pm On Jun 16, 2020 |
GonFreecss1: Did Buhari suddenly stop bonds or Tbills that were administered in Jonathan’s regime? There is a reason they are called “FGN Bond” not “Jonathan’s Bond” or “Buhari’s Bond”. 5 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 12:13pm On Jun 16, 2020 |
I like the bolded. It is the an important concept and is the reason why as soon as a financial institution starts having panic withdrawals then their end is imminent. I have read and heard too many things that sometimes I am no longer able to separate fact from fiction but I do believe I have heard of a concept called paper money used in the context of creating wealth. Very complex phenomenon that I will not attempt to start explaining it. GonFreecss1: 1 Like |
Re: Treasury Bills In Nigeria by ukay2: 12:15pm On Jun 16, 2020 |
Sholapey: Nice one Am eyeing MTN plc |
Re: Treasury Bills In Nigeria by pluto09(m): 12:22pm On Jun 16, 2020 |
GonFreecss1: Don't compare USA economy with Nigeria o. They can continue to print dollars to run their economy, Nigeria cannot print dollars to service her foreign denominated loans. And talking about debt to GDP, that is not a good metric to measure debt sustainability. Debt to revenue will be more appropriate. In q1 2020, Nigeria used about 99% of her revenue to service her debts. Q2 figures will likely be worse .Who does that and survive? 1 Like |
Re: Treasury Bills In Nigeria by ukay2: 12:25pm On Jun 16, 2020 |
Sholapey: This is just allegation. ...... No need run away like that |
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