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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4650733 Views)
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 jaychubi: 8:29pm On Jan 15, 2018 |
emmanuelewumi: Yes I was in the bank last Wednesday to do 92 days @ 12% but the market has closed when I came by 3:15pm, which made it 91 days @ 12% the next day being Thursday. Infact its part of what confused the acct officer as she claimed n she nw kept it for primary market. |
Re: Treasury Bills In Nigeria by IHelp: 8:42pm On Jan 15, 2018 |
crowntoro:Your friend can request for proof of investment from the bank. All the detais will be stated there. |
Re: Treasury Bills In Nigeria by smiliyB(f): 10:14pm On Jan 15, 2018 |
pls i want to invest in treasury bill,when should i go n place order for it. |
Re: Treasury Bills In Nigeria by smiliyB(f): 10:16pm On Jan 15, 2018 |
Investnow2017:just seeing this...the aution is taking place Wednesday 1 Like |
Re: Treasury Bills In Nigeria by smiliyB(f): 10:19pm On Jan 15, 2018 |
Should I go n place bid tomorrow with my bank...i need you guys reply urgently. thanks |
Re: Treasury Bills In Nigeria by dipoolowoo: 12:43am On Jan 16, 2018 |
T-Bills Market Bearish as Yields, Overnight Rate Rise https://www.businesspost.ng/2018/01/16/t-bills-market-bearish-yields-overnight-rate-rise/ Forex Market Gets Fresh $210m Intervention from CBN https://www.businesspost.ng/2018/01/16/forex-market-gets-fresh-210m-intervention-cbn/ |
Re: Treasury Bills In Nigeria by Nobody: 6:26am On Jan 16, 2018 |
smiliyB:yes..you will be given a form to fill |
Re: Treasury Bills In Nigeria by smiliyB(f): 8:03am On Jan 16, 2018 |
Alright. thanks |
Re: Treasury Bills In Nigeria by eniorisha(m): 8:16am On Jan 16, 2018 |
Good morning everyone. I invested in TB, sec market, using FBN about five weeks ago. The interest already dropped. The issue is i'm yet to obtain my investment certificate. This is because i travelled outta d state 24 hours after d investment. I feel i'll always get it anytime i come to Lagos. I hope my investment is safe? My first TB investment actually. |
Re: Treasury Bills In Nigeria by freeman67: 8:28am On Jan 16, 2018 |
eniorisha: That certificate /proof is just for you to know the terms and conditions of your contract. Like the rate, duration, charges etc. If not your bank statement and alert should suffice as a proof. You can always walk in there when you return and get it. Just be sure to remember where your investment is. either in primary or secondary market. That's all.. |
Re: Treasury Bills In Nigeria by Iamzik: 10:26am On Jan 16, 2018 |
Good morning House. Please what is the procedure to terminate treasury bill before maturity? It's one one year tenor and six months has elapsed already. Someone please assist @Investnow2017 @sancticruz @freeman67 @smiliyB |
Re: Treasury Bills In Nigeria by janga(m): 10:54am On Jan 16, 2018 |
plz if someone invested 20million on TB for a tenor of 90 or 265days, can anybody calculate the interest for me |
Re: Treasury Bills In Nigeria by chukwuwike2ny(m): 11:18am On Jan 16, 2018 |
omoyankee3: Get #80k monthly with just #500k Get a total of 16% of your invested sum every month for 12months.(192% in 12Months. with #500k investment you get a total of #80k every month for 12months. #960k) Generated funds from investors are used to part-finance the purchase of Volkswagen T4 buses for commercial transport along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association. For more information: click2ny@gmail.com 08067233120, 08111595550 Calls, WhatsApp |
Re: Treasury Bills In Nigeria by Nobody: 12:32pm On Jan 16, 2018 |
chukwuwike2ny: See this thief ooo. Scam Scam. 6 Likes |
Re: Treasury Bills In Nigeria by y4code(m): 1:04pm On Jan 16, 2018 |
Phyde:britneyknox99@gmail.com |
Re: Treasury Bills In Nigeria by TONY56: 1:32pm On Jan 16, 2018 |
Iamzik: Are you sure you are talking about treasury bills and not Bond? I ask because Treasury Bills have only 91days, 182days and 364days tenors and if they mature, you will simply get your account credited back with your Principal amount |
Re: Treasury Bills In Nigeria by mokset123: 1:48pm On Jan 16, 2018 |
janga: At 90 days tenor, you are likely to get between 12% to 13% interest rate either at the primary or secondary market. So you interest would be calculated thus: 20,000,000 * 12/100 = 2,400,000/4 = 600,000 naira At 265 days tenor you are likely to get between 13.5% to 15% interest rate either at the primary or secondary market. Your interest when calculated would amount to this: 20,000,000 *14.5/100 = 2,900,000 naira |
Re: Treasury Bills In Nigeria by freeman67: 2:06pm On Jan 16, 2018 |
Iamzik: Nothing much.. Just go to staff that attended to you when you invested and tell him the same thing. You will probably be given a form to fill or ask to write a termination letter to that effect. TONY56: One year is synonymous to 364days, same with 6 months & 182days; and with 3 months & 91days. |
Re: Treasury Bills In Nigeria by Nobody: 2:32pm On Jan 16, 2018 |
janga: Applying PRT/100=simple interest. It depends on the rate you will be given. Put in any rate of your choice for R P is 20m and T is 90/364 or 265/364 |
Re: Treasury Bills In Nigeria by abimbola01(m): 3:08pm On Jan 16, 2018 |
Greetings, Please, permit me to ask questions regarding FGN bonds. Is FG bond exempted from any form of taxation e.g withholding tax /commission from the bank? And also what is the difference between reopening bonds and the other one. |
Re: Treasury Bills In Nigeria by Timmi: 3:25pm On Jan 16, 2018 |
Dear Valued investors, Headline inflation declined for the eleventh consecutive month to 15.37% in December 2017 · Earlier today, the Nigerian Bureau of Statistics released its December 2017 Inflation report which showed a moderation in headline inflation to 15.37% year on year (y/y) in December 2017, against 15.90% y/y in November 2017. · We highlight that y/y movement in headline inflation was largely influenced by the slowdown in the rise in the Food sub index to 19.42% y/y in December 2017, from 20.30% y/y in November 2017. · Furthermore, the rate of increase in the Food sub-index fell to +0.58% month on month (m/m) in December 2017, from 0.78% m/m in November 2017. This was the slowest increase in the Food sub-index in 2017. · In our opinion, the slowdown in the increase in food prices in December 2017, which occurred against the seasonal increase in food prices, may not be unconnected with already high prices in the market, given that the food sub-index touched a eight year high of 20.32% y/y in September 2017, as well as weak consumer demand. · The rise in prices in the Core sub-index (All items less farm produce) also slowed to 12.10% y/y in December 2017, from 12.20% in November 2017. On a m/m basis, the Core sub index increased by +0.51% in December 2017, against +0.77% in November 2017. Outlook · We believe the recently published December 2017 Inflation report may further confirm expectations for the rise in consumer prices to moderate in 2018, on the back of the high base effect of 2017 as well as the willingness of the administration to curtail any potential increase in energy and food prices given the negative impact it may have on re-election prospects. · Our view remains that as we see headline inflation moderate towards the CBN’s target (c.11-12%) we are likely to see the Apex bank move to a more accommodative monetary policy. · Nonetheless, we see the on-going scarcity of PMS, which contributed to the c.+18% m/m increase in the average PMS price paid by consumers in December 2017 (c.N172/litre), as a potential downside risk to our outlook, as well as disruptions to activities in the Agriculture sector and election spending. Implications · We believe the potential for a further decline in the rate of increase in consumer prices should be a positive for company performances in 2018, which should be a supportive of the equities market. · Furthermore, the likely reduction in the benchmark interest rate and the proposed refinancing of USD2.5billion worth of local debt with offshore borrowings, should see yields in the fixed income space moderate, which should further support the equities market’s performance. · Also, the potential harmonization between the FG’s expansionary fiscal policy and the CBN’s monetary policy could bode well for the funding of the c.N2trillion fiscal deficit at a lower cost. As a result, we could see the nation’s debt service to revenue ratio decline below c.45% currently, according to the Minister of Finance. Please click to download a copy of the Nigerian Bureau of Statistics’ Inflation Report for December 2017. Warm regards, Investment Management & Research Research@investment- one.com 1 Like |
Re: Treasury Bills In Nigeria by dotcomnamename: 3:37pm On Jan 16, 2018 |
I just received this from my account officer: Good Day Sir, Kindly note that the current Treasury Bills on the Primary Market are 91days @ 12.2% & 182days 13.2% while the Secondary market interest is flexible and not static (subject to available rate per instrument) Funds invested in the primary market get rolled over within the same tenor while funds in the secondary market are not rolled over. |
Re: Treasury Bills In Nigeria by Nobody: 4:23pm On Jan 16, 2018 |
We have for 86 days at the rate of 9%; 135 days at the rate of 10% and 156 days at the rate of 11% treasury bills available for booking... Access BAnk Rate. So bad of them. PLease which bank as a better rate for now so i can move my funds. |
Re: Treasury Bills In Nigeria by Iamzik: 5:59pm On Jan 16, 2018 |
freeman67: Many thanks @freeman67 Is there any penalty charge? I hope I will get equivalent of the interest for six months that have elapsed plus my capital. I bought at 18.48% hope this won't affect my principal considering the present rates. @House please share your knowledge or experience about this Tbill termination before maturity date. |
Re: Treasury Bills In Nigeria by chukwuwike2ny(m): 7:01pm On Jan 16, 2018 |
ozymes: Fund providers are merely investors that gets back their principal + ROI (10% Principal + 5% ROI) monthly but we thought it wise that fund providers should know what their funds will be used for. It's comforting to know that the business is very real and physical and funds will be used to procure something tangible and valuable that recomvertable to cash. not some online stuff. However, it will be lawful for fund providers to claim the buses ( which was procured with investors fund and company's equity) If there's a breach payment as stated in the contract. So Company's equity garrantees payment. |
Re: Treasury Bills In Nigeria by Nowayo4Real: 7:03pm On Jan 16, 2018 |
I went to FBN to terminate some parts of my treasure bill I did with them, which suppose to mature by April 5th, 2018 and they said I can't even terminate all the bill let alone of parts. Secondary market though. Please who have had such experience, as I was never told that I won't be able to terminate my bills during subscription? |
Re: Treasury Bills In Nigeria by chukwuwike2ny(m): 7:15pm On Jan 16, 2018 |
chukwuwike2ny: Get #90k monthly with just #600k Investment Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k) lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association. For more information: click2ny@gmail.com 08067233120, 08111595550 Calls, WhatsApp lowkey28: Not a thief, not a scam and you know it! What joy do you get in bringing people down. Well, it's what you have that you can only give and all things are pure to one that's pure! God bless and prosper you anyways |
Re: Treasury Bills In Nigeria by chukwuwike2ny(m): 7:23pm On Jan 16, 2018 |
chukwuwike2ny: Get #90k monthly with just #600k Investment Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k) lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association. For more information: click2ny@gmail.com 08067233120, 08111595550 Calls, WhatsApp |
Re: Treasury Bills In Nigeria by dotcomnamename: 7:40pm On Jan 16, 2018 |
[s] chukwuwike2ny:[/s] Please stop this madness ok. Stop now! Are you blind or what? Can't you read that this thread is for Treasury Bills? Or can't you create your own thread like others are doing? 1 Like |
Re: Treasury Bills In Nigeria by chukwuwike2ny(m): 7:46pm On Jan 16, 2018 |
chukwuwike2ny: Get #90k monthly with just #600k Investment Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k) lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association. For more information: click2ny@gmail.com 08067233120, 08111595550 Calls, WhatsApp ozymes: Fund providers are investors and will get back their principal + ROI (10% principal + 5% ROI) monthly until repayment is complete. |
Re: Treasury Bills In Nigeria by chukwuwike2ny(m): 7:58pm On Jan 16, 2018 |
chukwuwike2ny: Get #90k monthly with just #600k Investment Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k) lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association. For more information: click2ny@gmail.com 08067233120, 08111595550 Calls, WhatsApp vitality22: The way you see an offer and immediately conclude it's a scam is wonderful... This is not at all a scam I can promise you that! It's been floated by a registered transport company and you can get more information if care! God bless and prosper you greatly. |
Re: Treasury Bills In Nigeria by FIDELITY24(m): 9:22pm On Jan 16, 2018 |
chukwuwike2ny:bros please we agree you're not a scammer, alright open ur own thread I beg. before now it was the forex guy now you that's if you are not the same person with another format. 3 Likes |
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