deepwater:
still asking? What is the % bank charges with stanbic IBTC
someone should help by replying, please. biko

Cation:
Good evening my ogas in the house. What rate do u think will be good for 364days treasury bill auction holding on 31st May 2017.

PinocchioDMZ:


364days you can bid 18.5% or 18.6% for Primary Auction to be on a save side because the last auction was 18.7% stop rate.

364days you can bid 18.4% for secondary market.

Cation:
Good evening my ogas in the house. What rate do u think will be good for 364days treasury bill auction holding on 31st May 2017.

freeman67:


You will only have the opportunity to bid for yourselves in primary market these days if the money you intend to invest is up to 50 million if not. You will have to go with whatever the bank you use decides to offer cos are not in a position to bid.

freeman67:


You will only have the opportunity to bid for yourselves in primary market these days if the money you intend to invest is up to 50 million if not. You will have to go with whatever the bank you use decides to offer cos are not in a position to bid.

ezeonlinebiz:
I just called GTBANK customer and they told me 25% and the minimum is 500k.

Can anyone here concur?

feelamong:
@Omo Yankee... You can actually buy the Tbills from any Commercial bank, or any Discount House in Nigeria....

The fees are 0.125% of the amount invested. However you should be aware that the effective Yield on Tbills is higher that than the advertised discount rate.....as the yield is discounted upfront. So a 14% yield is effectively about 14.25%...

zamirikpo:
The only risk involved with this treasury bills is that of the Dis-integration of NIGERIA, today's sit -at-home order by IPOB and MASSOB was so successful, i then begin to wonder........how much longer does Nigeria have.


pls my investor friends,lets shade more light on this issue, to me Nigeria is a company i have vested interest in, i wouldnt want it to dis-integrate for any reason. I have heard talks on referendum, restructuring etc...........lets keep ourselves informed about the health of this entity called Nigeria.
As of today, i dont have a kobo in any bank.......once i can save up to a million,it goes into TB, come to think of it, am sure having money in any commercial bank isnt safe either, because u cant access it if anything happens to Nigeria.


So for those who have privileged info. pls enlighten us.

Omotolani513:


Gtbank just told me that they can invest in the primary market for me provided the rate is not stated, that is, bus at the bank rate.
Is it wiser to go for secondary market instead or just go with them blindly

Investnow2017:


I hear too that North Korea has Nuclear Weapon, so we should evacuate and go to Mars for security. Is anything in this temporary world permanent? Not even America is safe with North Korea testing medium range ballistic missiles every week Ride the tide while you last.

zamirikpo:
The only risk involved with this treasury bills is that of the Dis-integration of NIGERIA, today's sit -at-home order by IPOB and MASSOB was so successful, i then begin to wonder........how much longer does Nigeria have.


pls my investor friends,lets shade more light on this issue, to me Nigeria is a company i have vested interest in, i wouldnt want it to dis-integrate for any reason. I have heard talks on referendum, restructuring etc...........lets keep ourselves informed about the health of this entity called Nigeria.
As of today, i dont have a kobo in any bank.......once i can save up to a million,it goes into TB, come to think of it, am sure having money in any commercial bank isnt safe either, because u cant access it if anything happens to Nigeria.


So for those who have privileged info. pls enlighten us.

Omotolani513:


Gtbank just told me that they can invest in the primary market for me provided the rate is not stated, that is, bus at the bank rate.
Is it wiser to go for secondary market instead or just go with them blindly

Investnow2017:


I hear too that North Korea has Nuclear Weapon, so we should evacuate and go to Mars for security. Is anything in this temporary world permanent? Not even America is safe with North Korea testing medium range ballistic missiles every week Ride the tide while you last.

Investnow2017:


I hear too that North Korea has Nuclear Weapon, so we should evacuate and go to Mars for security. Is anything in this temporary world permanent? Not even America is safe with North Korea testing medium range ballistic missiles every week Ride the tide while you last.

ajsans:
Can I still place bid with First bank tomorrow.

zamirikpo:
guyz.....is the CBN holding any auctions....today, abi na tomorrow. I am very broke

Ahmed99:
pls sir can u teach me about Treasury bill I ave 100k am willing to invest there
at least for 90days

Investnow2017:


Its very simple. Approach First bank or Stanbic and ask to buy TB. Today when i enquired from my Client Officer he told me they had only 32 days at @ 18.2%. If you had bought into that with yr N100k today you would have been paid a discount of N1,595.00 at around 4 to 5pm today and then wait for the next 32days to have yr account credited with your N100k.
Treasury Bill money instrument is borrowing the Fed Govt money to use and return on a given number of days at an agreed interest with your bank. Practice with what you have little by little, it will instill in you a good savings culture. You will begin to see the need to save more money since as you can see you stand to earn more as your principal grows and the prevailing interest rates as it is now are competitive. Try yr hands on it this week if you know you can afford to have your N100k kept for 30 days or or more.

Investnow2017:


Its very simple. Approach First bank or Stanbic and ask to buy TB. Today when i enquired from my Client Officer he told me they had only 32 days at @ 18.2%. If you had bought into that with yr N100k today you would have been paid a discount of N1,595.00 at around 4 to 5pm today and then wait for the next 32days to have yr account credited with your N100k.
Treasury Bill money instrument is borrowing the Fed Govt money to use and return on a given number of days at an agreed interest with your bank. Practice with what you have little by little, it will instill in you a good savings culture. You will begin to see the need to save more money since as you can see you stand to earn more as your principal grows and the prevailing interest rates as it is now are competitive. Try yr hands on it this week if you know you can afford to have your N100k kept for 30 days or or more.

Cation:
my oga pls do you buy with stanbic?

Investnow2017:


Its very simple. Approach First bank or Stanbic and ask to buy TB. Today when i enquired from my Client Officer he told me they had only 32 days at @ 18.2%. If you had bought into that with yr N100k today you would have been paid a discount of N1,595.00 at around 4 to 5pm today and then wait for the next 32days to have yr account credited with your N100k.
Treasury Bill money instrument is borrowing the Fed Govt money to use and return on a given number of days at an agreed interest with your bank. Practice with what you have little by little, it will instill in you a good savings culture. You will begin to see the need to save more money since as you can see you stand to earn more as your principal grows and the prevailing interest rates as it is now are competitive. Try yr hands on it this week if you know you can afford to have your N100k kept for 30 days or or more.

Investnow2017:


I buy with First Bank. You can't be wrong with them.