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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4623982 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 ahiboilandgas: 7:55am On Jul 16, 2020 |
modgba:who are those still investing in treasury bills ...at 1.3 9 Likes |
Re: Treasury Bills In Nigeria by Imabong80(f): 7:57am On Jul 16, 2020 |
ahiboilandgas: Area is Ijesha Rent Mini flat (1sitting room, 1 bedroom, 1 toilet/bathroom, 1 kitchen) goes for average 400k Self contain ( 1 room, 1 kitchen, 1 toilet/bathroom ) 250k Three bedroom flats are not very high in demand there... 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:59am On Jul 16, 2020 |
Imabong80:ok not bad tb has crashed futher to 1.33 |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:01am On Jul 16, 2020 |
Imabong80: REIT are not too liquid but more liquid than physical property, people who have them are not willing to sell. They enjoy the yearly dividends they get from the Investment properties. But if you are patient you can buy gradually over a period of 2 to 3 months . Government, real estate stakeholders and the investment community need to make REIT popular in the country. Federal Housing corporation, Lagos State Development and Property Company, Ogun State Property Investment Corporation etc, Mortgage banks, SEC, Pension Fund Managers and other institutional Investors need to look into this 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by Imabong80(f): 8:41am On Jul 16, 2020 |
ahiboilandgas: They really look good but small and portable in size. Probably I will look for someone with same investment decision and go into partnering as a willing counterpart so we could join forces to go through all these loopholes. See one of the block of miniflats on a half plot (25" x 100" not even a standard size plot set) I visited to assess viability. This one rented out for 500k each. 9nos of such on 2 storey building. The owner added another third floor where he moved into. 1 Like
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Re: Treasury Bills In Nigeria by ahiboilandgas: 8:46am On Jul 16, 2020 |
Imabong80:Please if u can do it yourself ....look nice ... 2 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 9:33am On Jul 16, 2020 |
And when the bank crashes how do we get our investment back ? vegasleo: 1 Like |
Re: Treasury Bills In Nigeria by Godbpraised: 9:43am On Jul 16, 2020 |
Hmmm, being off this tread for a while. Interesting contribution from the experts and gurus. However , i see a lot of people here being speculative about stocks , now stocks is not about speculation, ability to look carefully at the financials of a company books for over a 5 years period is important. More importantly is looking at what warren buffets calls [/b]the debt to equity ratio of a company[b]. I rest my case. 4 Likes |
Re: Treasury Bills In Nigeria by Gavrelino123: 9:58am On Jul 16, 2020 |
modgba: The once Great Treasury bills. Any idea when Treasury bills rate will return back to normal? These rates are very unattractive. 1 Like |
Re: Treasury Bills In Nigeria by 9jatriot(m): 10:14am On Jul 16, 2020 |
This I believe is the new normal. The way I think of it is this, assuming I ask people for a loan of 1 million with a pay back of 1 year at 16% interest with a hope to get at least 800k, only to have raised up to 4 million (oversubscription). After, I successfully pay those guys, the next time, I decide to see what happens if I reduce it to 10% interest, and still get 6 million compared to the 1 million I requested for. Then I reduce again to 5% and get 6.5 million, tell me, if it were you, would you ever raise it to 16% again? Business wise, I do not think it will ever increase to such a rate again since people do not want to put their money in the real sector especially as we have now identified that most of those investment get stolen by workers. I don't know why I have this feeling that the rate of TB was probably made intentionally high by politicians to legally enrich themselves, we probably only just took advantage of a system they initially created for themselves. Gavrelino123: 8 Likes |
Re: Treasury Bills In Nigeria by Nobody: 10:34am On Jul 16, 2020 |
emmanuelewumi: You are both cautious and optimistic. Some stock's never recover. Using d house analogue doesn't compute. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:03am On Jul 16, 2020 |
Nigsrdumb: A falling stock price is different from a falling business. The stock price of a dying business may give you capital appreciation, the stock price of a company that is growing its earnings may also fall. Price is what you pay, value is what you get. Always better to buy value at a discount. If you are liquid, wonderful business selling at a depressed price is an answer to prayers 10 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Nobody: 11:27am On Jul 16, 2020 |
emmanuelewumi: Exactly what I meant sir. D house analogue still doesn't compute. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:33am On Jul 16, 2020 |
New bond calender is out .....get ready from july 22 4 Likes |
Re: Treasury Bills In Nigeria by Ojix85: 12:10pm On Jul 16, 2020 |
ahiboilandgas: Hello sir, I believe there is a minimum amout required to invest in FG Bonds. Can you kindly advise? How does one proceed? Thank you. |
Re: Treasury Bills In Nigeria by freeman67: 12:32pm On Jul 16, 2020 |
Ojix85: 50M pere... Contact your bank or stock brokers on it. |
Re: Treasury Bills In Nigeria by 1millionBoys: 1:21pm On Jul 16, 2020 |
topsquino: Any sign that cbn would do that ? |
Re: Treasury Bills In Nigeria by Pascopele: 1:27pm On Jul 16, 2020 |
Nigerians ahiboilandgas: |
Re: Treasury Bills In Nigeria by Pascopele: 1:28pm On Jul 16, 2020 |
e dey sweet to talk as house owner and u will know how far? ahiboilandgas: |
Re: Treasury Bills In Nigeria by Pascopele: 1:31pm On Jul 16, 2020 |
Gavrelino123:When you invest more in made in Nigeria products and eat buy slepp nigeria |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:44pm On Jul 16, 2020 |
Whooa is difficult been Nigerian investor a chap that bought 200k dollars @359 ...sold it for 465 today ....he made 21 million naira today from February to July....while cbn is giving 1.5 percent on it dead and risky Naira (junk) and strangely some investors are even oversubcribing....i suspects it not their money but that of pension contributions ,retires and some uninform people 5 Likes |
Re: Treasury Bills In Nigeria by tolajay: 2:54pm On Jul 16, 2020 |
Let's be careful of our narratives. Narratives and ideologies are what determine perceptions and reactions, globally. You've just established that you have a character defect and you're one of the folks contributing to the destruction of Nigeria. However, you shouldn't generalise that this defect is applicable to all Nigerians... Speak for yourself and the people around you. Sweeping generalisations are not apt in public conversations. A foreigner would read your comment and will mentally conclude, without any personal experience, that all Nigerians are thieves and not to be trusted. Yet, you'll wonder why foreigners react so badly to you. CsRockefeller: 8 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 2:55pm On Jul 16, 2020 |
Keeping your money in dollars is the surest bet ahiboilandgas: |
Re: Treasury Bills In Nigeria by XiaoLi: 2:59pm On Jul 16, 2020 |
tolajay: |
Re: Treasury Bills In Nigeria by XiaoLi: 3:00pm On Jul 16, 2020 |
I am currently using my idle naira to play commercial paper, and maybe FGN bond of 22 July 2020 while waiting for dollar to drop so that i can exit and convert to dollars, does anyone know how long somone can keep FGN bond before exiting? ahiboilandgas: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:00pm On Jul 16, 2020 |
[quote author=XiaoLi post=91775804][/quote] What is Yield for the bond? It has a secondary market you can exit whenever you want to |
Re: Treasury Bills In Nigeria by Godbpraised: 3:01pm On Jul 16, 2020 |
Hmmm really is that correct or that is what you are been told ? Hmmmm freeman67: |
Re: Treasury Bills In Nigeria by XiaoLi: 3:04pm On Jul 16, 2020 |
I am yet to get the yield but my contact at FBN private banking said it will be similar to the last one, maybe 12% or thereabout. I dont want to do secondary market it will amount to buying at a premium which will chop part of my capital.. how long can i keep before exiting if i buy from the primary market? emmanuelewumi: 1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 3:06pm On Jul 16, 2020 |
9jatriot: Nope. Tbills and bonds are very important in the larger scheme of things to create a functional economy. Read up on Quantitative easing and tightening. These are just methods and techniques central banks use to stimulate the economy depending on how it needs to be stimulated. |
Re: Treasury Bills In Nigeria by 9jatriot(m): 3:11pm On Jul 16, 2020 |
Okay, point noted, but I thought that was OMO while TB is strictly loans for capital projects? GonFreecss1: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:15pm On Jul 16, 2020 |
9jatriot: They are loans and also used to control the money in circulation 4 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 3:15pm On Jul 16, 2020 |
ahiboilandgas:Some folks were so sure Naira will drop before now lol. This is madness. I’m still waiting for 500. |
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