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Treasury Bills In Nigeria - Investment (14) - Nairaland

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Re: Treasury Bills In Nigeria by coolguyz(m): 6:08pm On Nov 07, 2012
Below are stop rates for treasury bill auction held today 7th November 2012

91 days bill was at 12.75%
182 days bill was at 13.03%
364 days bill was at 13.0489%
Re: Treasury Bills In Nigeria by MyMail2D: 10:16pm On Nov 09, 2012
Whoa...
It is going down again I guess there is more money moving around...
Re: Treasury Bills In Nigeria by Sircj(m): 10:37am On Nov 10, 2012
oga feelamong and house pls if i subscribe the 91 days TB will 12.7 percent be paid to me immediately or do i av to wait till the end of the 91 days period. And at the end of the 91 days period, do they av to pay the capital to be or reinvest it for me.
Re: Treasury Bills In Nigeria by feelamong(m): 9:36am On Nov 12, 2012
Sir cj: oga feelamong and house pls if i subscribe the 91 days TB will 12.7 percent be paid to me immediately or do i av to wait till the end of the 91 days period. And at the end of the 91 days period, do they av to pay the capital to be or reinvest it for me.

You will be paid the interest of the amount invested 'pro rata' upfront if you so desired!
Re: Treasury Bills In Nigeria by dgitrader(m): 4:41pm On Nov 13, 2012
but are this t-bill rates not gliding down slowly?




https://www.nairaland.com/1101952/best-website-analysing-nigeria-capital
Re: Treasury Bills In Nigeria by Ojix85: 12:25pm On Nov 23, 2012
Any updates on this week's bid rates?
Re: Treasury Bills In Nigeria by ochukoccna: 5:42pm On Nov 26, 2012
Re: Treasury Bills In Nigeria by ayztech(f): 11:30pm On Nov 26, 2012
Please can you explain the rates following the link cos i keep seeing around 14% but a banker told me last week that the max available is 11%.how true is that pls?
Re: Treasury Bills In Nigeria by ebankole: 11:35am On Nov 27, 2012
ofcourse,treasure bills is one of the most and realistic inv. worldwide
Re: Treasury Bills In Nigeria by MyMail2D: 3:55pm On Nov 29, 2012
Hi,

I thought there is Bid today If not, when is the next bid? Pls confirm. Thx.
Re: Treasury Bills In Nigeria by jamace(m): 8:20am On Dec 06, 2012
MyMail2D: Hi,

I thought there is Bid today If not, when is the next bid? Pls confirm. Thx.

Next bid may be around 11 December 2012.
Re: Treasury Bills In Nigeria by ochukoccna: 10:33pm On Dec 06, 2012
ayztech: Please can you explain the rates following the link cos i keep seeing around 14% but a banker told me last week that the max available is 11%.how true is that pls?
I think the rate has been around 12.7-13.5%
Try a treasury house if you ain't cool with the bank rate given you.
Re: Treasury Bills In Nigeria by jamace(m): 10:08am On Dec 07, 2012
ochukoccna.
Please, what is a treasury house? From your statement, it seems it gives better rates than the banks. Could you please refer me to one?
Re: Treasury Bills In Nigeria by question(m): 8:32pm On Dec 10, 2012
Please note that some banks (if not all) will take N5 per mille COT when they debit your account for the T-bills.
Re: Treasury Bills In Nigeria by ayztech(f): 10:25pm On Dec 15, 2012
ochukoccna:
I think the rate has been around 12.7-13.5%
Try a treasury house if you ain't cool with the bank rate given you.
ochukoccna:
I think the rate has been around 12.7-13.5%
Try a treasury house if you ain't cool with the bank rate given you.

thanks
Re: Treasury Bills In Nigeria by ayztech(f): 10:27pm On Dec 15, 2012
question: Please note that some banks (if not all) will take N5 per mille COT when they debit your account for the T-bills.

how about using a savings account?
Re: Treasury Bills In Nigeria by Ojix85: 9:14am On Dec 17, 2012
Hello All,

Any Nigerian TBill auctions done lately? I was expecting 12th of December. Seems no show.

Who can shed more light on what is happening?
Re: Treasury Bills In Nigeria by feelamong(m): 12:49pm On Dec 17, 2012
Ojix85: Hello All,

Any Nigerian TBill auctions done lately? I was expecting 12th of December. Seems no show.

Who can shed more light on what is happening?

The last Auction was done on the 8th of Dec 2012. The next one is on the 20th.
Re: Treasury Bills In Nigeria by feelamong(m): 12:51pm On Dec 17, 2012
question: Please note that some banks (if not all) will take N5 per mille COT when they debit your account for the T-bills.

The banks cannot try this on my account! afterall the money when matured still has to drop into my account, who ever tries this with me go hear weeen!

1 Like

Re: Treasury Bills In Nigeria by ayztech(f): 8:03pm On Dec 17, 2012
feelamong:

The last Auction was done on the 8th of Dec 2012. The next one is on the 22nd.

oga feelamong welcome back o, please where do we get the published auction results apart from when pasted here?
Re: Treasury Bills In Nigeria by feelamong(m): 7:25am On Dec 18, 2012
ayztech:

oga feelamong welcome back o, please where do we get the published auction results apart from when pasted here?

You can actually get this from your bankers or discount houses just like i do get mine. at times CBN does put up these stop rates on their web sites...but like most govt agencies they are no really very religious about it
Re: Treasury Bills In Nigeria by Ojix85: 10:55am On Dec 18, 2012
feelamong:

The last Auction was done on the 8th of Dec 2012. The next one is on the 22nd.

Please, what were the rates for 91 days Tenure and others? My bank is trying to play a fast one on me.

Expecting your response. thanx.
Re: Treasury Bills In Nigeria by feelamong(m): 11:49am On Dec 18, 2012
Ojix85:

Please, what were the rates for 91 days Tenure and others? My bank is trying to play a fast one on me.

Expecting your response. thanx.

The last Auction stop rates were as follows
91 days ---11.95%

181 days ----11.98%

364 days -----11.9881%

Quite uninspiring abi? angry
Re: Treasury Bills In Nigeria by Ojix85: 3:42pm On Dec 18, 2012
feelamong:

The last Auction stop rates were as follows
91 days ---11.95%

181 days ----11.98%

364 days -----11.9881%

Quite uninspiring abi? angry

Super uninspiring bro. Thanx a mill.
Re: Treasury Bills In Nigeria by ayztech(f): 4:12pm On Dec 18, 2012
feelamong:

You can actually get this from your bankers or discount houses just like i do get mine. at times CBN does put up these stop rates on their web sites...but like most govt agencies they are no really very religious about it

Thank you. Can you pls provide their web links? i always want to reconfirm from another source after dem bankers have dropped theirs just to be sure.
Oga feelamong abeg is there anybook like.. say 'Treasury bills investment for dummies' . .as i want to really study the workings of the market and make the most of it?
Re: Treasury Bills In Nigeria by feelamong(m): 5:09pm On Dec 18, 2012
ayztech:

Thank you. Can you pls provide their web links? i always want to reconfirm from another source after dem bankers have dropped theirs just to be sure.
Oga feelamong abeg is there anybook like.. say 'Treasury bills investment for dummies' . .as i want to really study the workings of the market and make the most of it?

This is the CBN link

http://www.cenbank.org/rates/govtsecurities.asp

but like i said earlier its not being updated regularly. As for the Treasury bill lessons, just go to Investopedia and you will get the minutest info you need on treasury bills there..happy investing!

1 Like

Re: Treasury Bills In Nigeria by MyMail2D: 11:00am On Dec 19, 2012
Hi,

I learnt there is a BID tomorrow-20th Dec.
Any idea on the estimated rates
What are the other investment options oooo as TBills is not looking gooood again
THx.
Re: Treasury Bills In Nigeria by feelamong(m): 12:37pm On Dec 19, 2012
MyMail2D: Hi,

I learnt there is a BID tomorrow-20th Dec.
Any idea on the estimated rates
What are the other investment options oooo as TBills is not looking gooood again
THx.

Actually the Auction has been done this morning!I actually quoted a wrong date on one of my previous post!

There is another one on the 27th of this month!

I expect the rates to hinge up a bit to maybe 12% (91days) as the states FAAC is yet to hit the system and there is a little scarcity of funds amongst bank treasurers as interbank rates has moved up.
Re: Treasury Bills In Nigeria by feelamong(m): 9:39am On Dec 20, 2012
Omo these rates are still falling o!!

CBN stop rates for 19/12/2012

91 days ------11.67%

182 days ------- 11.70%

364 days --------11.799%
Re: Treasury Bills In Nigeria by Ojix85: 8:37am On Dec 27, 2012
So, im guessing the next auction should be around the first week in January, right. Can someone please, confirm..

Thanks.

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