.

Gavrelino123:

Thanks.....but how's the interest calculated..?using 10m for example at an interest rate of 15%.
what are the taxes like compared to TB.?

I got block trying to post the workings here. find it below in the image

Liljel:


I got block trying to post the workings here. find it below in the image

Thanks very much......I will visit my branch next week Monday to see if there's any way out on secondary market below 50m on bonds..!!!

awesomeJ:


T- bills and bonds are tax free till 2021. Hopefully, the waiver will get extended beyond then.

wow...thanks....

confluence:
That should be #750k biannual, making it#1.5M for one year,

Thanks.

Gud evein all pls I nid to kno how interest rate in secondary market is bn calculated,is it d same way with pry market?

michael03:
Gud evein all pls I nid to kno how interest rate in secondary market is bn calculated,is it d same way with pry market?

Yes

Gavrelino123:

Thanks very much......I will visit my branch next week Monday to see if there's any way out on secondary market below 50m on bonds..!!!

Can you please give feedback here when you do?
OR
Should we open a thread for FGN Bonds?

beyolah:


Can you please give feedback here when you do?
OR
Should we open a thread for FGN Bonds?

Yes,i will this coming week......I will post it here..
But remember,this thread is Mainly for Treasury bills.....Opening a thread for FGN Bonds would be preferable so that we won't derail this thread with Bond analysis...

Gavrelino123:

Yes,i will on this coming week......I will post it here..
But remember,this thread is Mainly for Treasury bills.....Opening a thread for FGN Bonds would be preferable so that we won't derail this thread with Bond analysis...

Done!
https://www.nairaland.com/4524641/investing-fgn-bonds#67883603

cc
confluence
awesomeJ
Liljel
ahiboilandgas
ImperialCovfefe
spenca

Buffalowings3:
when will i have 1miilion in my account \?

Just keep your focus Sir, you'll definitely have more than enough in due time. Your best is yet to come

beyolah:


Done!
https://www.nairaland.com/4524641/investing-fgn-bonds#67883603

Great!

Has anyone used this I-invest app. from sterling bank? Is it reliable? Is it easy for one to get his money back?

Desanta:
Has anyone used this I-invest app. from sterling bank? Is it reliable? Is it easy for one to get his money back?

It's actually by parthians partners limited but in partnership with sterling. I have downloaded it on my phone and it looks very cool and easy to navigate but I am yet to try it with cash.

freeman67:


It's actually by parthians partners limited but in partnership with sterling. I have downloaded it on my phone and it looks very cool and easy to navigate but I am yet to try it with cash.

OK. Thanks.

I've some money there. Just wanted to know how easy it is to redeem your money at maturity or whenever it's needed.

Desanta:
Has anyone used this I-invest app. from sterling bank? Is it reliable? Is it easy for one to get his money back?

Pls expansiate.....whats it about.

zamirikpo:


Pls expansiate.....whats it about.

It's an app. After submitting your KYC documents your can buy TB and redeem your money through the app. The various tenor and rates are displayed on the app.
I however need for reviews from those who have used it before I can recommend it to anyone.

A haulage company in Lagos required investors, 24%(spread within a year) on every investment per annum.

Better of any fixed deposit in any bank.

Chekitaut:
A haulage company in Lagos required investors, 24%(spread within a year) on every investment per annum.

Better of any fixed deposit in any bank.

Hmmmmm... I did something related to that even with all the legal backing, my 7.5m is hanging in the thin air the case is in the court. if I had invested the money in stocks which I know very well, I would have being able to put 20m into tb instead of 10m I put. I knew stocks will crash in prices and since I have made profit I pulled it out into TB. I will go back when the prices are down and this what I will be doing going forward. my advice is people should not invest in what they don't know. for those who can take the risk, kudos and more money to your pockets

aremso:




Hmmmmm... I did something related to that even with all the legal backing, my 7.5m is hanging in the thin air the case is in the court. if I had invested the money in stocks which I know very well, I would have being able to put 20m into tb instead of 10m I put. I knew stocks will crash in prices and since I have made profit I pulled it out into TB. I will go back when the prices are down and this what I will be doing going forward. my advice is people should not invest in what they don't know. for those who can take the risk, kudos and more money to your pockets

After my bad experience from MMM n other online stuff once I hear the phrase " A company that offers this or that percentage" am no longer interested in that offer bro.

How much will Treasury Bill of 500k yield after 91 days and how can I buy it now.

Desanta:


It's an app. After submitting your KYC documents your can buy TB and redeem your money through the app. The various tenor and rates are displayed on the app.
I however need for reviews from those who have used it before I can recommend it to anyone.

How do I download the app

HenryThegreat1:
How much will Treasury Bill of 500k yield after 91 days and how can I buy it now.

it depends on the rate that you will get, rates varies. lets say you have 9% then you will get 11250 naira.

aremso:




Hmmmmm... I did something related to that even with all the legal backing, my 7.5m is hanging in the thin air the case is in the court. if I had invested the money in stocks which I know very well, I would have being able to put 20m into tb instead of 10m I put. I knew stocks will crash in prices and since I have made profit I pulled it out into TB. I will go back when the prices are down and this what I will be doing going forward. my advice is people should not invest in what they don't know. for those who can take the risk, kudos and more money to your pockets

What happened you can explain more better, nevertheless i just imagine is it accident or theft or perhaps mismanagement. If you say with all legal documents then, you not at loose anyway. Sure you get your money back.

Its better of when payment is spread, to avoid short coming.

Risk is what people fear in as much haulage is concern, but risk can be put to the last minimal. If for example you investing N15m you have to get a reputable management company that is able to give you security to your fund. A year deal is mostly most preferred.

In haulage no security to your fund, do not invest.

GODAKPAN:


it depends on the rate that you will get, rates varies. lets say you have 9% then you will get 11250 naira.

. 11250 for 91 days? is too small.

HenryThegreat1:
. 11250 for 91 days? is too small.

No bank can give you up to that for 91days. Never

FIDELITY24:
After my bad experience from MMM n other online stuff once I hear the phrase " A company that offers this or that percentage" am no longer interested in that offer bro.

MMM was actually not into any business, i was not a victim because i try so much to find out business they are into that will provide the said interest. invest into what you can see not what you can not feel or touch.

Chekitaut:
No bank can give you up to that for 91days. Never

. 500k?

HenryThegreat1:
. 500k?

Never under the sun. Nigeria Banks...?

HenryThegreat1:
How much will Treasury Bill of 500k yield after 91 days and how can I buy it now.

rate*500/365*91 that is the calculation but u can approach your bank and tell them u want to invest in tb u can then know that rate they will give u

HenryThegreat1:
. 11250 for 91 days? is too small.

simple interest is calc based on principle you brought in(ur capital), tenure u desire (time) and rate you get.

Now our primary sch formula for simple interest remains PRT.
Now you brought a small P and desires a small T and we are in a season of small R, you will definitely get a small S.I.

If you increase any of those parameters then your S.I. will increase.

Some you wi;ll understand more than me as you are in the right forum.

GODAKPAN:


simple interest is calc based on principle you brought in(ur capital), tenure u desire (time) and rate you get.

Now our primary sch formula for simple interest remains PRT.
Now you brought a small P and desires a small T and we are in a season of small R, you will definitely get a small S.I.

If you increase any of those parameters then your S.I. will increase.

Some you wi;ll understand more than me as you are in the right forum.

factors that make the return on capital huge are

amount
rate
tenure

so potential tb investors should have this in mind