aremso:





factors that make the return on capital huge are

amount
rate
tenure

so potential tb investors should have this in mind

12m 12months will produce what?

Chekitaut:
12m 12months will produce what?

no rate, so I give you 12%
12months is 364days
so, PRT is 12000000 * 12/100 * 364/364
S.I. = PRT= 12000000 * 0.12 * 1
S.I = 1,440,000

GODAKPAN:

no rate, so I give you 12% 12months is 364days so, PRT is 12000000 * 12/100 * 364/364 S.I. = PRT= 12000000 * 0.12 * 1 S.I = 1,440,000

Not atrractive... from experience what is the peak rate?

Gavrelino123:

Wow...Good Rates...it seems Stanbic IBTC is leading this time in Secondary Market TB rates.
TB is always the best in Money Market Investments..it gives you the actual value of your money..
I have 8 Tbills running concurrently.....
I plan having TB maturing monthly,,if possible twice monthly...
God bless our investments..

Please what is your objective in running it monthly? Why not as lump sums?
I love your zeal for tb

ceelog:


Please what is your objective in running it monthly? Why not as lump sums?
I love your zeal for tb

I run monthly and my reason is because I get salary monthly, although I wrap them up at every year end which is june and commence again. if I keep the money I will spend it so its basically a saving scheme. that is for me

A new frontier has opened for investors in the African finance sector with the launch of I-invest, a mobile application that allows users purchase Treasury Bills (T-Bills) directly from their smartphones. Developed by Parthian Partners, a pan African inter-brokerage services firm in partnership with Sterling Bank Plc, I-invest enables both new and experienced investors match their investment maturities to their needs.

https://www.thisdaylive.com/index.php/2018/05/21/firms-introduce-treasury-bills-investment-app/

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

Who is your broker, bro?

Thisandthat:

Amen!!!Maybe some of us are not so good at multitasking...Prefer to monitor one thing than so many things....and this applies to every area of my life....just shutdown my Stanbic mmf to concentrate on tb...lol...can't deal....Doing one thing helps me to stay organised...All d best

Why did you pull out of money market fund?
Less earning? Instability?
Someone is telling me it's a good deal to get ARM mmf

ImperialCovfefe:


Who is your broker, bro?

I use mission sec. ltd but now since I can trade online myself via a broker that has online platform and that why I have registered with meristem . Mind you, your broker does not really determine your success in stocks investment but you must do your due diligence and invest in sound stocks. After, the experience of 2008, I told myself no more loss and I did my due diligence on all the stocks I have interest. I don't always rely on my broker. pls don't invest now stocks prices will still go down further.

aremso:


I use mission sec. ltd but now since I can trade online myself via a broker that has online platform and that why I have registered with meristem . Mind you, your broker does not really determine your success in stocks investment but you must do your due diligence and invest in sound stocks. After, the experience of 2008, I told myself no more loss and I did my due diligence on all the stocks I have interest. I don't always rely on my broker. pls don't invest now stocks prices will still go down further.

I thought you were trading with Morgan. Meristem charges 1% for brokerage fee right? So you lose ~3.2% of your capital on a complete trade. How do you compensate for this?

ImperialCovfefe:


I thought you were trading with Morgan. Meristem charges 1% for brokerage fee right? So you lose ~3.2% of your capital on a complete trade. How do you compensate for this?

meristem charges what is obtainable in the industry and for Morgan, the have charges for withdrawal of fund and by the time u add those charges together, it would amount to the same charges.

dejiotus:


You are welcome

good day! have you ever used diamond bank to process tbillz and would you rate it okay.

T-Bills Rates to Rise as CBN Intensifies Liquidity mop up
https://www.businesspost.ng/2018/05/28/t-bills-rates-to-rise-as-cbn-intensifies-liquidity-mop-up/

CravingChic:


good day! have you ever used diamond bank to process tbillz and would you rate it okay.

Diamond Bank dnt have good interest rate, i moved out my money there in order to invest in First Bank

Stanbic IBTC, GTBank and First Bank is still the best in TB

janga:


Diamond Bank dnt have good interest rate, i moved out my money there in order to invest in First Bank

Stanbic IBTC, GTBank and First Bank is still the best in TB

What is their rates...?

CravingChic:


good day! have you ever used diamond bank to process tbillz and would you rate it okay.

No. I don't have accounts with Diamond bank, hence unable to say how good or bad the bank is with Treasury bills. But based on comments from members on this forum, the bank is NOT one of the banks rated high for Treasury bills transactions. I hope my response is able to answer your question.

if you check back few page, i posted a pic of TB rate which the diamond bank official gave, it was like 6.5% for 90days tenor where as other 3 bank is giving 10%
well i have acct with Diamond bank bt am not investing there

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.

Quite hilarious. Small P, small T, season of small R!

dipoolowoo:
T-Bills Rates to Rise as CBN Intensifies Liquidity mop up
https://www.businesspost.ng/2018/05/28/t-bills-rates-to-rise-as-cbn-intensifies-liquidity-mop-up/

Thanks for this sir. Rates actually rose by close to 80bps at last week's bond auction. i pray the days of 15% yield return soon.

awesomeJ:

Thanks for this sir. Rates actually rose by close to 80bps at last week's bond auction. i pray the days of 15% yield return soon.

Am ready for next month, please advise if I should get patient

awesomeJ:

Thanks for this sir. Rates actually rose by close to 80bps at last week's bond auction. i pray the days of 15% yield return soon.

do 3 or 6 months

Please i invest 105k in tb and i ticked invest with d interest at 10.5% for 290 days in FBN last week Friday. How should i expect at d end of d tenure? i was asked to check for my certificate.

GODAKPAN:
Am ready for next month, please advise if I should get patient

Thank God there's still an auction this month-Wednesday. Its outcome will give us clearer outlook.
I expect rises though.

ahiboilandgas:
do 3 or 6 months

Yeah short term now, till the crest comes near.

janga:


Diamond Bank dnt have good interest rate, i moved out my money there in order to invest in First Bank

Stanbic IBTC, GTBank and First Bank is still the best in TB

I concur with you... after much research today, I came to realise that diamons bank isnt a good bank for treasury bills. their rates when compared with 1st bank was too poor.

ceelog:


Please what is your objective in running it monthly? Why not as lump sums?
I love your zeal for tb

It's a savings scheme.....
I'm a salary earner,and i have variant businesses that i run..
Once it comes,i lock it immediately.
Discipline and prudence is the key....

GODAKPAN:


I run monthly and my reason is because I get salary monthly, although I wrap them up at every year end which is june and commence again. if I keep the money I will spend it so its basically a saving scheme. that is for me

You have said it all.... Brilliant!!!!!

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.

Please i invest 105k in tb and i ticked invest with d interest at 10.5% for 290 days in FBN last week Friday. How should i expect at d end of d tenure? i was asked to check for my certificate.

Aim07:
Please i invest 105k in tb and i ticked invest with d interest at 10.5% for 290 days in FBN last week Friday. How should i expect at d end of d tenure? i was asked to check for my certificate.

#8,759.56

Aim07:
Please i invest 105k in tb and i ticked invest with d interest at 10.5% for 290 days in FBN last week Friday. How should i expect at d end of d tenure? i was asked to check for my certificate.

there cannot reinvest your interest as its less than 100k. your interest is 8783.65 after the first transaction. but if you had a larger capital, you can use the formula to calc the true yield
INTEREST
TRUE YIELD = CAPITAL – INTEREST = P

= P X 100
Initial interst = t
capital - t =T
TY = t/T * 100
ie interest divided by capital minus interst all multiplied by 100 then you use the new rate to calc your interest
example, if am investing 25m for 1yr at 12%
true yield is 300000000/22000000
=13.64%
now using simple interest with your new rate PRT
S.I. =3410000 INSTEAD OF THE 3M EARLIER. I PRAY YOU UNDERSTAND. WELCOME

Gurus in the house , I am planing to invest on Tbills with FBN
This is the first time I am investing please can someone suggest a good rate