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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4597693 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 ugoboss2224: 7:28pm On Jan 23, 2021 |
LAND URGENTLY FOR SALE IN ABUJA Size : 3000sqm plots of land Location: Gwagwalada Purpose : Residential Plot Title : FCDA C of O Price: 12 million (Asking price) DM or call 08181493942 |
Re: Treasury Bills In Nigeria by condomuser: 7:28pm On Jan 23, 2021 |
It seems this thread has gone to the dogs, how on earth I missed FGN Bonds 2027 at 16 percent coupon ![]() Did anyone know about this auction, the actual rate and possibly next auction date? 1 Like 1 Share
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Re: Treasury Bills In Nigeria by Nakedman: 8:51pm On Jan 23, 2021 |
@Seun needs to do something to this thread. This is not the thread it used to be 5years ago. Too much of messes already |
Re: Treasury Bills In Nigeria by Nobody: 9:00pm On Jan 23, 2021 |
Nakedman: How do you expect the thread to be what it was 5 years ago when T Bill yields are at all time lows? The days of active discussions on Tbills are dead and buried and won’t be happening in the foreseeable future. Low fixed income yields are here to stay. You want an active investment thread, go to the NSE thread. You can even check the coins thread if that’s what you fancy. It’s also happening there. You may also enjoy the US stocks thread if investing in foreign stocks is your thing. |
Re: Treasury Bills In Nigeria by ojesymsym: 9:16pm On Jan 23, 2021 |
I think the minimum amount required for investment there is above the pay grade of most folks here which I believe is the reason why no one mentions such opportunities. condomuser: 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 9:54pm On Jan 23, 2021 |
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Re: Treasury Bills In Nigeria by skydiver01: 5:34am On Jan 25, 2021 |
Kindly note that the 16.288% 2027 bond was sold this time at a lower yield of 7.98% than when it was originally sold at nominal. For example N10m at nominal would have given you 100,000 units and N1.628m in annual interest. But this time, the same N10m sold at the lower yield will give you 72,202 units. So you will get the 16.28% coupon payment on N7.2m and not on N10m amounting to N1,15m in annual interest and not N1.628m. Nevertheless, in the current interest rate environment it is not too bad. But, I do expect yields to continue to rise in the coming years. condomuser: 3 Likes |
Re: Treasury Bills In Nigeria by 9jatriot(m): 9:11am On Jan 25, 2021 |
This guy never bold attack you one day, e de fear you? If na another person make this statement, e for go dig out life history. TransAtlanticEx: 6 Likes |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 9:41am On Jan 25, 2021 |
9jatriot:lol life get level. E get people weh e fit do that nonsense with. |
Re: Treasury Bills In Nigeria by 9jatriot(m): 9:57am On Jan 25, 2021 |
I think I agree with u. The guy get selective eye blindness for your post even when u ready for fight. See reference above. TransAtlanticEx: 2 Likes |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 10:03am On Jan 25, 2021 |
Lazyyouth4u:lol... Giveaway ko. No be person weh get work dey do giveaway? ![]() I dey go my work oo,how about you ? ![]()
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Re: Treasury Bills In Nigeria by tempusfugit: 11:41am On Jan 25, 2021 |
anybody that has financial capabilities to invest £50k on bitcoin without securing his investment with cold wallet doesn't have the right to complain incase something went wrong!!! Comeandcollect: |
Re: Treasury Bills In Nigeria by Nobody: 3:38pm On Jan 25, 2021 |
Which bank charges low or NO charges on business accounts? Either individual or corporate business (current) accounts please. Gtb wants to kill us, they take10k on each 10 million that touches the account. If I mention what they have withheld this month alone, you will pity us. Please help. |
Re: Treasury Bills In Nigeria by FatherCHRISTMAS(f): 3:41pm On Jan 25, 2021 |
TransAtlanticEx: Lol |
Re: Treasury Bills In Nigeria by NL1960: 4:10pm On Jan 25, 2021 |
LagosInter: This is a standard charge fixed by CBN for all banks. It is called 'Account Maintenance Charge' and it is applicable to any individual or corporate Current Account. It is N1 for every N1,000 or 0.1% of transaction amount. If you transaction volume is high, you can negotiate the rate through your account officer. 3 Likes |
Re: Treasury Bills In Nigeria by X21: 4:20pm On Jan 25, 2021 |
LagosInter: |
Re: Treasury Bills In Nigeria by X21: 4:22pm On Jan 25, 2021 |
LagosInter: |
Re: Treasury Bills In Nigeria by X21: 4:23pm On Jan 25, 2021 |
LagosInter: if the current account is in your name, open savings account in the same name. move fund from current to savings account and then disburse from sa vings account. current to savings is COT free 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 4:55pm On Jan 25, 2021 |
X21: Please will this your idea still apply if it's a corporate Current account? Like Can I move funds from the corporate current account ( business name registration) to my personal savings account maintained in the same bank and it will still be Cot free? |
Re: Treasury Bills In Nigeria by Nobody: 4:56pm On Jan 25, 2021 |
NL1960: Thanks What do you think about this below please? X21: Please will this your idea still apply if it's a corporate Current account? Like Can I move funds from the corporate current account ( business name registration) to my personal savings account maintained in the same bank and it will still be Cot free? |
Re: Treasury Bills In Nigeria by otomatic(m): 7:20pm On Jan 25, 2021 |
LagosInter: If you move from a corporate account to an individual account, you cannot waive those charges. A corporate entity is different from an individual, so they are not the same person. |
Re: Treasury Bills In Nigeria by Nobody: 7:25pm On Jan 25, 2021 |
otomatic: Thanks for your contribution. |
Re: Treasury Bills In Nigeria by skydiver01: 9:49pm On Jan 25, 2021 |
FGN Bond Maturing 22 January 2026 coupon payment due Friday 22 January arrived today. Next one is due in six months (July). No stress. Slow and steady wins the race. Happy Days. ![]() ![]() |
Re: Treasury Bills In Nigeria by ukay2: 1:09am On Jan 26, 2021 |
skydiver01: Quite good Well done 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 9:20am On Jan 26, 2021 |
X21: This will not solve the problem because COT or Account Maintenance charge is per transaction. So if he was doing a monthly cumulative debit of N10m disbursed several times, he will still need to move the N10m at once to the savings accounts. The 0.1% COT will still be charged on that one time N10m movement from the current to the savings account. |
Re: Treasury Bills In Nigeria by NL1960: 9:23am On Jan 26, 2021 |
LagosInter: See my response in the post before this. |
Re: Treasury Bills In Nigeria by condomuser: 10:38am On Jan 26, 2021 |
Big Boy, both investments is at least N50 Millon capital. There is another coupon payment coming in tomorrow for 2027. skydiver01: 1 Like |
Re: Treasury Bills In Nigeria by X21: 10:43am On Jan 26, 2021 |
NL1960: i do this every time. there is no charge with GTB. i do not know about other banks. keep an open mind and ask relevant people |
Re: Treasury Bills In Nigeria by NL1960: 11:18am On Jan 26, 2021 |
X21: You mean if you transfer money from your GTB Current account to your GTB Savings account, COT will not be charged on the transaction?. |
Re: Treasury Bills In Nigeria by X21: 11:19am On Jan 26, 2021 |
NL1960: yes dear 1 Like |
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