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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 feelamong(m): 2:46pm On Jul 26, 2016 |
MPC key decisions MPR up to 14% from 12% CRR retain at 25% With this Hike we should expect, bond yields to push towards 20% . Same for TBills Discount rate! Clearly this is a bait for FPI? And we Local Tbills Investor.... I just pity those with bank loans now... 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:59pm On Jul 26, 2016 |
@feelamong , Dont you think it better we sale our Bonds and do T.B or is there is any other better bond rate we can buy..the 2020 doesnt seems to be favourable..Please what ur best advice as it getting me worried. |
Re: Treasury Bills In Nigeria by Chukzyfcb(m): 3:02pm On Jul 26, 2016 |
feelamong:Whoa whoa whoa....14%. Banks can now attract liquidity with an Improved fixed deposit rate. So with a possible improved rate, foreign Investors will be left with choosing either Bank deposits or T.bills, |
Re: Treasury Bills In Nigeria by conceptmay: 3:02pm On Jul 26, 2016 |
hello house , you guys are doing a fantastic job here , CBN has just increased MPC from 12% to 14% , what will be the effect on Treasure bills ? |
Re: Treasury Bills In Nigeria by feelamong(m): 3:12pm On Jul 26, 2016 |
Tritri: Bonds and Tbills move in the same direction... As we speak all Bond yields have all gone up! If you were already locked in a 2020 FGN Bond which has a coupon rate of 15.54 why would you want to come out? |
Re: Treasury Bills In Nigeria by Nobody: 3:27pm On Jul 26, 2016 |
Yes am locked in .But Treasury bill at 16% , AND BOND same yield i bought it around FEB? what if by DEC TB get to 19%, And my bond still 15%? Is it still consider a smart investment? |
Re: Treasury Bills In Nigeria by feelamong(m): 4:49pm On Jul 26, 2016 |
Tritri: You have locked in for a 5 year Bond....Tbills is max one year! when Tbills was 9% for One year..you were enjoying the 15.54 coupon na.. Interest is currently moving against you that is currently locked in...In the developed markets....this is why Fund Managers buy Derivatives to hedge against such losses from the sale of their Bonds when Interest (prices) move against them.. Unfortunately in Naija, If you sell you might be taking some losses (that is if you are able to sell off in the secondary market cos i know they only trade in Blocks of N100M) 2 Likes |
Re: Treasury Bills In Nigeria by burrytee(m): 5:35pm On Jul 26, 2016 |
i have been following these threa for a while been.i want to invest in the Tbill. i did some finding at the GTB today only to be told i cant invest until there is an auction in two weeks from now. trust i can someone to advice me please. |
Re: Treasury Bills In Nigeria by Adesiji77: 5:35pm On Jul 26, 2016 |
feelamong: Seriously bro! From tomorrow, borrowing customers should expect letters from their banks advising them of increase in interest rates. |
Re: Treasury Bills In Nigeria by feelamong(m): 5:59pm On Jul 26, 2016 |
burrytee: Yea most banks insist on Primary Auction only... i however know a couple of Investment Houses that do secondary markets (Although you get rates based on the secondary market conditions which is depended on the a lot of factors) |
Re: Treasury Bills In Nigeria by Daddi: 7:08pm On Jul 26, 2016 |
zamirikpo:my concern for which I dont give them a rate to bid with is that, they rate i gave them might not fall within CBN rate or might be too low. E.g I might bid, lets say 15% and it slumps to 14%, in that case my bid'll not be successful or I bid 12% while it moved to 16%, I'll be biting my fingers. Because of that I'm vulnerable to allow them go with their rate. Unless I can get a better way to handle it, if not I have no choice. Feelamong and the gurus, is there a way out of this? |
Re: Treasury Bills In Nigeria by ositadima1(m): 7:59pm On Jul 26, 2016 |
I am planning to submit my bid on monday. What is the deadline for the next bid at the FBN? |
Re: Treasury Bills In Nigeria by ukay2: 8:04pm On Jul 26, 2016 |
feelamong: @my oga feelamomg Is it good to go for NTB or enter into equity market with a big some of money at this time? |
Re: Treasury Bills In Nigeria by puna: 11:48pm On Jul 26, 2016 |
Any advise on rates for the upcoming bids?
This would be my first bidding? |
Re: Treasury Bills In Nigeria by zamirikpo(m): 2:07am On Jul 27, 2016 |
@ daddi, most banks would want to make profit off ur money. My case for example, I wrote asking for them to bid for 182days @ 12% am sure they got there and noticed that they could bid higher,which they did, but only gave me wot I asked for, the remaining 3.48% goes to them. Now am not so sad, the issue like u rightly said is to be informed, with my bank, they will give u what u want, it's now left for u to be sure of the best rate at the time. So the major issue is how to get the best bid. I've asked @feelamong dis question before, what do we watch out for, cos if u bid too high or too low u loose . |
Re: Treasury Bills In Nigeria by feelamong(m): 7:27am On Jul 27, 2016 |
ukay2: To a large extent...I play both. It only depends on the % of funds i put in each.,. At this time, am betting to make more in the Tbills than in the stock market so am more skewed here now.. nevertheless am betting on the Big Banks that are net placers of funds and have good bond trading dest to do well. Moreover with the Forex Gains we have seen in FBNH.....many banks would be spinning monies soon!! #FBN #ACCESS #GTBank #Zenith |
Re: Treasury Bills In Nigeria by feelamong(m): 7:29am On Jul 27, 2016 |
puna: would wait till monday evening to see the trading direction in the secondary market that day before sticking out my necks |
Re: Treasury Bills In Nigeria by ukay2: 7:43am On Jul 27, 2016 |
feelamong: Thanks.. But is ZB and access bank a good buy now Thanks |
Re: Treasury Bills In Nigeria by Tripod3(m): 8:04am On Jul 27, 2016 |
Guys, Pls when is the next auction date? |
Re: Treasury Bills In Nigeria by peteken: 8:55am On Jul 27, 2016 |
excellent job goin on here i most admit.... God Bless u guys all ... plz i need ur assistance on dis one. for instance i want to put in N7m for treasury bill by 14 - 15 Augt. 2016. wot will likly be my profit for 182days? |
Re: Treasury Bills In Nigeria by peteken: 8:58am On Jul 27, 2016 |
feelamong: excellent job goin on here i most admit.... God Bless u guys all ... plz i need ur assistance on dis one. for instance i want to put in N7m for treasury bill by 14 - 15 Augt. 2016. wot will likly be my profit for 182days? |
Re: Treasury Bills In Nigeria by feelamong(m): 8:58am On Jul 27, 2016 |
ukay2: i bought Access on Monday.... |
Re: Treasury Bills In Nigeria by feelamong(m): 8:59am On Jul 27, 2016 |
Tripod3: Next Auction date is Aug 4th,.. but throw in ur bids by 3rd |
Re: Treasury Bills In Nigeria by feelamong(m): 9:06am On Jul 27, 2016 |
peteken: If you throw in N7m for 182 days at lets say 15% your upfront Interest would be around N523K not bad for a guy that didnt take any risk abi? |
Re: Treasury Bills In Nigeria by peteken: 9:21am On Jul 27, 2016 |
feelamong: thanks Boss.. am gona try am get back to u sir.... 1 Like |
Re: Treasury Bills In Nigeria by sherif4owo(m): 9:43am On Jul 27, 2016 |
feelamong: Are you talking about secondary market T.bills here or stock? |
Re: Treasury Bills In Nigeria by feelamong(m): 9:56am On Jul 27, 2016 |
sherif4owo: Stocks sir |
Re: Treasury Bills In Nigeria by puna: 1:26pm On Jul 27, 2016 |
house why are banks always against you buying tbills. was at first bank to to liquidate my fixed deposit so as to be able to place bid for next week but they kept doing their best to persuade me..even telling me that tbills are now unstable and their rate for fixed deposit at 182days is 6.6% 1 Like |
Re: Treasury Bills In Nigeria by Omonigeriarere: 2:16pm On Jul 27, 2016 |
feelamong: Feelamong, can please suggest rates to go with in the next bidding: I need to start from somewhere. |
Re: Treasury Bills In Nigeria by Omonigeriarere: 2:19pm On Jul 27, 2016 |
Daddi: Instead of having one consolidated investment, split your bidding into two in different banks: one for high rate based on risk while the other enjoys assurance. I think you can never missed both if you know how to play your game. My opinion though. 1 Like |
Re: Treasury Bills In Nigeria by Omonigeriarere: 2:23pm On Jul 27, 2016 |
peteken: Get the total amount you will realize as your interest based on percentage and divide it into two. Simple. |
Re: Treasury Bills In Nigeria by feelamong(m): 2:39pm On Jul 27, 2016 |
Omonigeriarere: I will suggest we wait till Monday.....need to see the happenings in the secondary market on Monday first |
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