DMerciful:
18% confirmed. Thanks first bank

chinnyonwu:

None oo. GTBank Bid wrongly ne? Make them no vex me i don budget that their interest

unite4real:
javascript:void(0);

LOL. Rates will not continue to be like this. it may go higher or lower according to the economic indices. For me this is happy times because i remembered i have bought for 364 days at 9% before. If you are an old guy in this league, you will understand that this is the best time to play this game.

AmeLonRo:
For the auction of the 15th, I gave my bank instruction on the 14th and was told they concluded all auction on the 13th. Its first bank. Is that how it goes/works Please?

NL1960:

My account officer told me that i have to submit a written instruction 3 working days before the bid date. To be on the safe side, i submitted 4 working days before the bid day. If you submit at a branch, they will have to collate and send to head office. So, it is always better to submit to your branch very early

zamirikpo:


my brother, i know these are happy days in NTB , i wish it stays for a while,atleast 2 more yrs, the interest is really encouraging. i can invest and save at thesame time.

then,did u invest ?........and at what rate. two weeks ago i invested at 18.50% and it sailed....was about going with the same rate this time around but felt the need to drop the rate because of the trend in the last 4 auctions and from reports from u ,@40manlappy,@feelamong and some other guyz here, i just sensed d market wasnt doing so well. see me getting corky....abeg na luck.....lucky guess...

ihedioramma:
How much do you invest and what's the profit? .

NL1960:

My account officer told me that i have to submit a written instruction 3 working days before the bid date. To be on the safe side, i submitted 4 working days before the bid day. If you submit at a branch, they will have to collate and send to head office. So, it is always better to submit to your branch very early

DMerciful:
If for instance I invested 100k, profit is 18k.

zamirikpo:


true atleast two working days before the day of the auctions..............

ihedioramma:
is it for one year?

ozymes:
Which bank?

feelamong:


sorry bro...also lost my bid at 18.5%

seems the rates are now going down gradually...

na to quickly rush to the secondary market cos in two weeks time we might see even further decrease

Mikymiko:
Ecobank

WoodcrestMayor:
Winning bids have been announced.
If your bid was successful you will be credited(if you ticked "upfront interest" on the form.
If bid wasn't successful, your account will be credited with the principal.

40manlappy:


CBN no try at all. Why wait till this evening before publishing the stop rates on their website? Their ICT unit needs overhauling

iamoasa:
Has anybody been debited by GTB yet?

DMerciful:
Yes.....1 yr

DMerciful:
Yes.....1 yr

IHelp:
Just got debited by FCMB. Bided 18.43. This is my closest bid to stop rate in a long time.

aumoria:
Pls what is the interpretation of debit of #XX instead of #Bleep bid. The bid is for 364 days at bank rate.

aumoria:
Pls what is the interpretation of debit of #820493.15 instead of #1000000 bid. The bid is for 364 days at bank rate.

aumoria:
Just got debited by GTB for an amount far less than I bidded with. Could it be it was over subscribed?

Team16:


What rate did you bid for with Gtbank. Thanks

40manlappy:


#820493.15 is the discount value of your investment. The difference between this and your #1000000 bid is the upfront interest that has been left in your account. At maturity, you get the face value of #1000000. Happy investing!

aumoria:

I asked for their own rate