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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 ayili: 6:15pm On Aug 20, 2014 |
ernie4life: interest rates are about to fallLet them FALL |
Re: Treasury Bills In Nigeria by ernie4life(m): 6:25pm On Aug 20, 2014 |
ayili: Let them FALLy will u want it to fall? |
Re: Treasury Bills In Nigeria by angelo82: 6:53pm On Aug 20, 2014 |
ernie4life: They are actually down a little bit because most banks offers 10% right now for 180days and the best bet you can get is 10.4% for same 180days... 1 Like |
Re: Treasury Bills In Nigeria by ernie4life(m): 5:07am On Aug 21, 2014 |
I will advise you to do Kgif for 180 days at 12% instead of banks 1 Like |
Re: Treasury Bills In Nigeria by ernie4life(m): 9:29am On Aug 21, 2014 |
angelo82:we could give you 12million for 180 days at 12% |
Re: Treasury Bills In Nigeria by angelo82: 11:48am On Aug 21, 2014 |
ernie4life: I have just invested in another T.Bills with two banks which will expire in Feb.2015 but by then I can contact Investment One but the only thing I dislike about the KGIF is the resemblance with mutual fund because it has a price and I don't like that.I prefer product that specify minimum investment and fixed rate interest with duration.If not I am ready to invest 20M in any product that can give me fixed 12% per year,but I will do more research by January. |
Re: Treasury Bills In Nigeria by nitrogen(m): 11:51am On Aug 21, 2014 |
angelo82: Send me a mail, gennitrogen@gmail.com or provide your mail. |
Re: Treasury Bills In Nigeria by ernie4life(m): 12:29pm On Aug 21, 2014 |
angelo82:we could give u 12.5% on 20m for 360 days (its not kgif) |
Re: Treasury Bills In Nigeria by feelamong(m): 1:27pm On Aug 21, 2014 |
Dear XXXXX, Please find below the result of the Treasury Bills primary market auction which held yesterday Aug 20, 2014: PRIMARY AUCTION RESULTS 91 Days - 9.90% 182 Days - 10.20% 4 Likes |
Re: Treasury Bills In Nigeria by angelo82: 3:38pm On Aug 21, 2014 |
nitrogen: What is he talking about? 1 Like |
Re: Treasury Bills In Nigeria by Justcul(m): 6:59pm On Aug 21, 2014 |
Hi all, Am a novice in investment (s), if someone have 1m to invest for a period of two yrs (cus he'll be away for studies), is it wise to invest such in Tbills or use portfolio managers like Investment one Pls i need your advice. Thank you |
Re: Treasury Bills In Nigeria by ernie4life(m): 7:38pm On Aug 21, 2014 |
Justcul: Hi all,since you will be away for 2years I will advice you fix it for 360 days and do a roll over after the end of the first year. this way you are assured of your cash with sure interest. if anybody has any better option the floor is open, |
Re: Treasury Bills In Nigeria by Nobody: 8:31pm On Aug 21, 2014 |
i was giving 8.6 for 6mth why skye bank like this? |
Re: Treasury Bills In Nigeria by ernie4life(m): 8:45pm On Aug 21, 2014 |
timothy001: i was giving 8.6 for 6mth why skye bank like this?u would have opt for Kgif at12% for 6months |
Re: Treasury Bills In Nigeria by Justcul(m): 9:30pm On Aug 21, 2014 |
ernie4life: Thank you sir, are you talking about Tbills? |
Re: Treasury Bills In Nigeria by ernie4life(m): 10:18pm On Aug 21, 2014 |
Justcul: no, am talking of fixed income or you could still do kgif 1 Like |
Re: Treasury Bills In Nigeria by addictiv(m): 9:17pm On Aug 22, 2014 |
ernie4life:pls i would like to get more info about kgif. Do they have a 9mnth and 1 yr plan like tb? whats the minimum deposit involved and how can i attract higher rates. |
Re: Treasury Bills In Nigeria by ernie4life(m): 10:03pm On Aug 22, 2014 |
addictiv:Kgif means Kakawa Guaranteed Income Fund. The minimum is 50k at an interest rate of 12% per bi annum meaning every 6 months. You can even start with higher than 50k that's y I said minimum. As time goes on and you wish to increase your capital you can increase In multiples of 5k. And certificate will be issued for each addition. The interest rate is non negotiable because it is regulated by MPR ( monetary policy rate). Please note that because the interest rate is determined by MPR it can increase or decrease at any time. I work at investment one financial services, so we sale KGIF, if you want it or need more info Kgif let me know. 1 Like |
Re: Treasury Bills In Nigeria by addictiv(m): 10:12pm On Aug 22, 2014 |
ernie4life:Quite insightful. Just to be sure, suppose i invest 1 million naira i would be expecting an roi of 1,120,000 ngn @ 12% in 180 days? Are there any hidden charges, deductions or taxes applicable? is the interest payable upfront as it is in tb, or do i have to wait till the stipulated period elapses ? thanks. |
Re: Treasury Bills In Nigeria by ernie4life(m): 10:37pm On Aug 22, 2014 |
addictiv:no upfront payment, no with holding tax, u must wait till the stipulated time elapses to enjoy the interest after the 6 months u can do a roll over for another 6months |
Re: Treasury Bills In Nigeria by tolutweety(m): 10:56pm On Aug 22, 2014 |
ernie4life: U dint answer his question. Should he invest a million naira now? What ll be the interest after the 6 months elapse at the supposedly 12% rate. 1 Like |
Re: Treasury Bills In Nigeria by ernie4life(m): 11:13pm On Aug 22, 2014 |
tolutweety:he will get 12% of one million after 6months. Ask around some othe nairalander have done kgif so the can say |
Re: Treasury Bills In Nigeria by tolutweety(m): 11:24pm On Aug 22, 2014 |
ernie4life: Isn't the 12% rate /annum.he can't get 12% then if it is. 3 Likes |
Re: Treasury Bills In Nigeria by coderXO(m): 12:49am On Aug 23, 2014 |
tolutweety: Don't mind him. mtschew!!! 3 Likes |
Re: Treasury Bills In Nigeria by ernie4life(m): 6:49am On Aug 23, 2014 |
tolutweety: in investment all interest rates are expressed in annual rates, the unique thing with Kgif is that there is no charge except you want to redeem your principal b4 the expiration of the stipulated time, even at the u are charged 10% on income not capital that means at all time your capital is guaranteed |
Re: Treasury Bills In Nigeria by tolutweety(m): 7:59am On Aug 23, 2014 |
What are you saying na.. Bro, do us this favour: This is a treasury bills thread.....and I will love it to remain tbills thread. For your call n campaign twrds kgif n other forms of investment you have, Kindly do open a thread n explain concisely. You just might gain the attention that you need there. *just an advice * [even when feelamong and others who created the thread saw that tbills rate had dropped and wanted to switch to shares n stocks,they went to stocks thread n not liter this place ] My tbills fellow..can we cntinue with our thread pls. cc: CoderXO Feelamong Angelo82 4 Likes |
Re: Treasury Bills In Nigeria by ernie4life(m): 8:12am On Aug 23, 2014 |
tolutweety: What are you saying na.. sorry for the intrusion. I will do as you said 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 10:56am On Aug 23, 2014 |
These investment houses have their own charges. They give you the rate but get to take their charges through it. It can range from 0.5% to 2%. Do well to find out before investing. 2 Likes |
Re: Treasury Bills In Nigeria by fidinwala(m): 5:10pm On Aug 24, 2014 |
I made a fixed deposit of #1million for 120 days at 9.25% or rate in IBTC Bank, do you think it's a Good deal. |
Re: Treasury Bills In Nigeria by angelo82: 6:06pm On Aug 24, 2014 |
fidinwala: I made a fixed deposit of #1million for 120 days at 9.25% or rate in IBTC Bank, do you think it's a Good deal. Yes,considering the amount. |
Re: Treasury Bills In Nigeria by ernie4life(m): 6:27pm On Aug 24, 2014 |
fidinwala: I made a fixed deposit of #1million for 120 days at 9.25% or rate in IBTC Bank, do you think it's a Good deal.it's a good deal considering the amount and days involved |
Re: Treasury Bills In Nigeria by fidinwala(m): 7:39pm On Aug 24, 2014 |
ernie4life: thanks |
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