feelamong:

The stop rates was terrible..Lost out on all fronts!

91 days ------10.84%

182 days ------11%

364 days ------11.049%


these foreign investors have really messed up the market. Am off to the NSE to take some risk and make money! see u guys!

NSE share index is on the rise but be careful..... there are no guarantees.

In most countries, there is an inverse relationship between stock market performance and the interest rates for bonds & treasury bills. When one rises, the other falls. When one falls, the other rises.

Please when is the next bid date

question:
NSE share index is on the rise but be careful..... there are no guarantees.

That's right. For me, TB mode closed, shares mode activated. Happy investing and Good luck to every one.

pls any report on latest bid

Hi,

Today's bid 07Feb :

Still getting lower oooo...

91-day Treasury Bill Rate (%) -- 10.32
182-day Treasury Bill Rate (%) -- 10.50
364-day Treasury Bill Rate (%) -- 10.60

What is next

Yes please report on the latest bid

Hi,

Pls see my response above...

Anyone wit info on todays bid

Anyone?

Following...too bad i came late...

Pls house...where can i get reports on latest bids

laceonline02: Pls house...where can i get reports on latest bids

Just wait a little.. any moment from now my bankers will send the Stop rates to me!

laceonline02: Pls house...where can i get reports on latest bids

STOP RATES FOR 21/02/2013

91 DAYS ------9.20%

182 DAYS ------9.45%

364 DAYS ------9.54%


The carnage continues!!! but still better than any fixed deposit rate sha!

feelamong:

STOP RATES FOR 21/02/2013

91 DAYS ------9.20%

182 DAYS ------9.45%

364 DAYS ------9.54%


The carnage continues!!! but still better than any fixed deposit rate sha!

tanks bro......dis is not tooo goooood oooooo

i WENT TO FIRST BANK TO PAY FOR NTB BUT THE BANK STAFF ADVISED ME TO GO FOR FIXED DEPOSIT AT 11% WHICH I DID. THANK GOD I DID BECAUSE NTB RATES ARE NOW DISAPPOINTING.

Desanta: i WENT TO FIRST BANK TO PAY FOR NTB BUT THE BANK STAFF ADVISED ME TO GO FOR FIXED DEPOSIT AT 11% WHICH I DID. THANK GOD I DID BECAUSE NTB RATES ARE NOW DISAPPOINTING.

By the time you adjust for with holding tax and for the fact that you cannot get your interest upfront; Tbills still make more sence to me!

AT THE CURRENT RATE OF 9.2% FOR 90 DAYS, THE ACTUAL YIELD IS 10.1%. A FIXED DEPOSIT OF 11% WITH A 10% WITHHOLDING TAX GIVES YOU A YIELD OF 9.9%. SO YOU ARE VERY CORRECT. BUT ANY FURTHER DROP WILL REVERSE THE SITUATION AND MAKE FIXED DEPOSIT MORE REWARDING.

Desanta: i WENT TO FIRST BANK TO PAY FOR NTB BUT THE BANK STAFF ADVISED ME TO GO FOR FIXED DEPOSIT AT 11% WHICH I DID. THANK GOD I DID BECAUSE NTB RATES ARE NOW DISAPPOINTING.

if first bank can offer 11% dats kool..gtb offers 8%

Welldone guys,
For the gurus, ARM just introduced a new product that buys into the money market (TB inclusive): http://www.arminvestmentcenter.com/armmoneymarketfund/.

What are your thoughts?

@pdozie: We mayneed to know the full details about their current assets and their performance over the last year.

I am interested in the bond offers, but i currently only have N10k in my account. Anyone willing to do partnership?

@castrokins: You can buy bonds with just 10k, though your money will be tied down for at least 3 years.

@feel among, i just e-mailed you

Good job guys! I just stumbled upon this thread; just what I've been looking for!
Just a quick question plss...... If I go for the 91-day bid, can I get to 'roll-over' my investment after the 91 days if I so desire, just as the case is for fixed deposit?
Thanks..

spriteB: Good job guys! I just stumbled upon this thread; just what I've been looking for! Just a quick question plss...... If I go for the 91-day bid, can I get to 'roll-over' my investment after the 91 days if I so desire, just as the case is for fixed deposit? Thanks..

Yes.

Good day,please I'm a total novice about investment maybe cos of my field of profession that I so much indulge into it. I would need some answers to some "funny question" I will be asking you know.
(1)You have mentioned "bond" most times,pls what's the meaning?
(2)If I don't want to go through banks to buy TBill,which other houses can I go to?
(3)What's the diff btw stock exchange,shares and TBill?
(4)Can I invest in another country's TBill,if yes,how?
(5)Someone asked that can he invest in foreign, not INDIVIDUAL FUNDS, not MUTUAL FUNDS, or you might profer them, but INDEX FUNDS online. Especially like S and P 500. What does he mean and the meaning of the words I capital(ed)?

Please take time,seriously I'm ashamed of myself for not knowing anything about investment. Kindly give me the guy's email or number that does it for you.

Thanks in anticipation.

sellydion: If stock market spiral down rate on treasury bill goes up, if stock market spiral up rate on treasury bill goes down. It has inverse relationship based on investors emotion. It will always be a good market for risk averters like me.

Just like the relationship between US Dollars and Gold.

Good job guys! I just stumbled upon this thread; just what I've been looking for!
Just a quick question plss...... If I go for the 91-day bid, can I get to 'roll-over' my investment after the 91 days if I so desire, just as the case is for fixed deposit?
Thanks..

You can give your Banker a standing order to roll-over your investment at the expiration of the 91 days, while the interest
is calculated and paid direcly into your account upfront.

chegson: Good job guys! I just stumbled upon this thread; just what I've been looking for!
Just a quick question plss...... If I go for the 91-day bid, can I get to 'roll-over' my investment after the 91 days if I so desire, just as the case is for fixed deposit?
Thanks..

You can give your Banker a standing order to roll-over your investment at the expiration of the 91 days, while the interest
is calculated and paid direcly into your account upfront.

Yes Boss! you can get a rollover provided you have also given the instruction at also a particular bid rate!

Thanks so much for the responses..

So, when's the next bid date and what's the current interest rates? I'm currently getting 8.75% on fixed deposit @ Stanbic IBTC; going by the rate at which the Tbill is dropping, do you guys think it's worth switching over?