ositadima1:

Let's do d math,
principal, P=5,000,000 assumed interest, I=15% add 200,000k yearly. for 20 years
200,000k is 200,000/5,000,000=0.04 of P
=5,000,000*(1+0.15+0.04)^20 =162,147,117.3
for 10 years
=5,000,000*(1+0.15+0.04)^10 =28,473,418.9

Lexit:
Hello everyone. I bought TB with Diamond Bank ON April 4 for 92 days. Please when should I expect them return my money?

johnhack:
Most people has been complaining that commenting here is not flexible for them... so we have decided to create a Watapp group.... join us in our Watapp group https:///KgQF3jWplEWATxR6Px5ueR

amjustme2:
GTBank is good. Go to your branch and as for a Personnel in charge of Treasury Bills/Bonds. Don't involve your account officer, for your own good.
You could go for primary Market Auction and on the form there in an option to roll over interest. Its possible to get 17.6% or slightly higher with GTBank.

You can return to this thread and share your experience or ask further question.

As a humble suggestion, don't expose your portfolio on Nairaland, you could be targeted. , edit your post and take out the amount.


Thanks for the information, I appreciate

johnhack:
Most people has been complaining that commenting here is not flexible for them... so we have decided to create a Watapp group.... join us in our Watapp group https:///KgQF3jWplEWATxR6Px5ueR

Gazelle22:
Firstbank just sent me a mail notifying of the success of my Primary Market bill with them at 18.4% for 364 days.

Share your experience on today's just concluded primary market rate. What was the rate from your bank or securities brokerage house?

Good evening Nigerian time!

Gazelle22:
Firstbank just sent me a mail notifying of the success of my Primary Market bill with them at 18.4% for 364 days.

Share your experience on today's just concluded primary market rate. What was the rate from your bank or securities brokerage house?

Good evening Nigerian time!

emmanuelewumi:


My First Bank branch does not allow those of us who have less than N50 million to buy in the primary market. We only buy in the secondary market.

Damolux01:
I'm not sure there's primary market anymore. We actually got a rollover from the 365 days we did last year.

Gazelle22:
Firstbank just sent me a mail notifying of the success of my Primary Market bill with them at 18.4% for 364 days.

Share your experience on today's just concluded primary market rate. What was the rate from your bank or securities brokerage house?

Good evening Nigerian time!

simplibaba:



Who are the most people? We are fine here pls....

dyonpoint:
Since the mini to buy TB through the bank is now 50M, how do one buy through the secondary market?

PS - I am new to this TB investment.

simplibaba:



Dont conclude yet cos we have not heard from people using other banks... Me still waiting for my own fb mail sha

emmanuelewumi:


My First Bank branch does not allow those of us who have less than N50 million to buy in the primary market. We only buy in the secondary market.

Gavrelino123:

Please explain why we shouldn't involve our Accounting Officer ?..
please explain....

afroxyz:
Please what's the trick in applying early so that the tbills don't get mobbed up before one gets it. (Forgive my layman terms), because from comments I have been reading, some people say thebtbills have been exhausted before they could even apply

johnhack:
Most people has been complaining that commenting here is not flexible for them... so we have decided to create a Watapp group.... join us in our Watapp group https:///KgQF3jWplEWATxR6Px5ueR

vitality22:
I bought this Tbills from First Bank this morning in the secondary market for 182 days at 17%, I've been debited but I've not seen my interest credited into my account. I thought i will be credited with the interest almost immediately when my account is debited.
Gurus in the house, please i need answers. Thanks

dyonpoint:


Could you please share with we the new bees how you buy the Tbill from secondary market through FBN.

PS: if any one have idea on how to buy from secondary market through GTB please share with us too

Thanks

Zeiya:



Walk into any First Bank branch or Gtbank branch. Confidently meet the customer care or anyone incharge of Treasury bills in the branch. Ask them for the available offers in the secondary market for the day. Check the offers they have on ground and choose the one suitable for you. It is very simple.

Fm4real06:

What are d risks involved?? They may not want to tell u because of their own gains.

Fm4real06:
Please hw do i go about buying tbills in the secondary market from forstbank and what are the rates.
What are d risks involved too..
Would appreciate if i get response in time so i can make the decision. Thanks.