I didn't ask but I think anything from 100,000

ok...no problem. Thanks still.

sCross:


In the millions range. I just don't know the exact figure

Indulge me please, for those out there looking to invest just over 1m, what's your advise for them: to specify the desired rate or not?

Just some thought that has been running through my mind. What if after the elections the government comes up with some sick policy that they can't pay up as at when due ?

cee001:
and pls what is the minimum cash investment on T-bills in Diamond ...thanks

But wait oh.... Tb through the primary market using my bank, what's the minimum amount I can invest? I have been reading here that banks accept nothing less than 100k or more. But on CBN website, they stated minimum investment to be 10,000 naira with a multiple of 1k. So my question is, can one invest Tb with cbn Minimum investment

just2endowed:

But wait oh.... Tb through the primary market using my bank, what's the minimum amount I can invest? I have been reading here that banks accept nothing less than 100k or more. But on CBN website, they stated minimum investment to be 10,000 naira with a multiple of 1k. So my question is, can one invest Tb with cbn Minimum investment

No. Minimum accepted by most bank is 100K..

Desanta:


No. Minimum accepted by most bank is 100K..

But what about cbn Minimum investment

just2endowed:


But what about cbn Minimum investment

No bank in Nigeria will accept 10K from you. CBN minimum is just on paper and I guess website, nothing more.

Desanta:


No bank in Nigeria will accept 10K from you. CBN minimum is just on paper and I guess website, nothing more.

Humm that's bad. What about going through cbn office to get from application. I read one can visit cbn office too during there primary auction. Is it possible

just2endowed:



Humm that's bad. What about going through cbn office to get from application. I read one can visit cbn office too during there primary auction. Is it possible

You still need to place your bid through the banks. CBN will not collect money from you directly. It has to be through a bank. But you can see them at cbn, let them enlighten you more..

Why would you invest 10k on T.Bills?....It obviously make no sense because the return will be very low but 100k makes small sense at least over long time,the money will appreciate......I hope you get my point......

just2endowed:



Humm that's bad. What about going through cbn office to get from application. I read one can visit cbn office too during there primary auction. Is it possible

Pls I would lik to invest in treasury bill,I hav gone tru all d trade stil I don't understand how to go abt it,best bank to invest n how to calculate it.I am a newbie pls someone should explain to me in a way I w understand.

adewaleafolabi:
Just some thought that has been running through my mind. What if after the elections the government comes up with some sick policy that they can't pay up as at when due ?

I don't think we have ever heard that in the history of any Govt in nigeria , but u can check ..i might be wrong

angelo82:
Why would you invest 10k on T.Bills?....It obviously make no sense because the return will be very low but 100k makes small sense at least over long time,the money will appreciate......I hope you get my point......

...and like how much are we talking about,considering current average rate..@100k investment in T-bills... say I want to invest such for a 364 day tenor...

Desanta:


No bank in Nigeria will accept 10K from you. CBN minimum is just on paper and I guess website, nothing more.

how that's it . then why is such minimum investment on there site? I can go for100k atba start though.

lancee:




I don't think we have ever heard that in the history of any Govt in nigeria , but u can check ..i might be wrong

It is very unlikely.

Bamz:


Indulge me please, for those out there looking to invest just over 1m, what's your advise for them: to specify the desired rate or not?

I'm not an expert in this area. But I'd suggest that they go ahead and set their rates based on info from a reputable source like nairaland

Please my fellow investors , i just want to ask this question , is it adviseable to continue investing in Tb with the election tins gettin tougher nd fear of war in the sky . The petrol minister working in hand wit Gej to make sure he wins cuz buhari wil likly jail them if electd , Gej also doin al tins posible to remain thr nd obj tearin is membershp card nd makin sure he shows Gej dt he wx d1 dt brought him in even wen pipu rejectd him .

Pls am sori if i derail , just want to knw if its save to continue wit investin or wait afta election . Thanks

lol.........You are the funniest guy..........All these scenarios you listed including the actors/actress will fade away but Nigeria will remain intact and T.Bill as an instrument will still be viable investment in Nigeria.......Relax yourself and don't be hypertensive and if you have your own doubt then just invest for short term.....June 12 didn't take Nigeria to war,you think some drunkards will cause war?......

Godside:
Please my fellow investors , i just want to ask this question , is it adviseable to continue investing in Tb with the election tins gettin tougher nd fear of war in the sky . The petrol minister working in hand wit Gej to make sure he wins cuz buhari wil likly jail them if electd , Gej also doin al tins posible to remain thr nd obj tearin is membershp card nd makin sure he shows Gej dt he wx d1 dt brought him in even wen pipu rejectd him .

Pls am sori if i derail , just want to knw if its save to continue wit investin or wait afta election . Thanks

Please stop bothering your head, if any war happens and Nigeria divides, naira automatically becomes useless and it does not matter whether you invested in bills or the money is sitting in your bank account(that's if u are in Nigeria and run a naira account). If you are afraid of war/ loosing your money you better change It to any foreign currency and keep it under your pillow

Godside:
Please my fellow investors , i just want to ask this question , is it adviseable to continue investing in Tb with the election tins gettin tougher nd fear of war in the sky . The petrol minister working in hand wit Gej to make sure he wins cuz buhari wil likly jail them if electd , Gej also doin al tins posible to remain thr nd obj tearin is membershp card nd makin sure he shows Gej dt he wx d1 dt brought him in even wen pipu rejectd him .

Pls am sori if i derail , just want to knw if its save to continue wit investin or wait afta election . Thanks

angelo82:
lol.........You are the funniest guy..........All these scenarios you listed including the actors/actress will fade away but Nigeria will remain intact and T.Bill as an instrument will still be viable investment in Nigeria.......Relax yourself and don't be hypertensive and if you have your own doubt then just invest for short term.....June 12 didn't take Nigeria to war,you think some drunkards will cause war?......

Am hapi i make you laugh , dont mind me . Thanx for your input. 9s one

tunai:
Please stop bothering your head, if any war happens and Nigeria divides, naira automatically becomes useless and it does not matter whether you invested in bills or the money is sitting in your bank account(that's if u are in Nigeria and run a naira account). If you are afraid of war/ loosing your money you better change It to any foreign currency and keep it under your pillow

My broda i beg no mind me o , e no easy to get money o but thanks for ur input ,God bles

Godside:
Please my fellow investors , i just want to ask this question , is it adviseable to continue investing in Tb with the election tins gettin tougher nd fear of war in the sky . The petrol minister working in hand wit Gej to make sure he wins cuz buhari wil likly jail them if electd , Gej also doin al tins posible to remain thr nd obj tearin is membershp card nd makin sure he shows Gej dt he wx d1 dt brought him in even wen pipu rejectd him .

Pls am sori if i derail , just want to knw if its save to continue wit investin or wait afta election . Thanks

lol, nobody is smarter than u. u should make ur decision its up to u

princeuk21:
lol, nobody is smarter than u. u should make ur decision its up to u

Prince no blame me jare.....lol

Hello everyone, are Auctions still taking place today?

Yes off course.
I went for 11% for 91 days....awaiting the result.

Bamz:
Hello everyone, are Auctions still taking place today?

ummitoagirl:
Yes off course.
I went for 11% for 91 days....awaiting the result.

Fingers crossed. I went for the 364 days tenor.

any one having idea of current rates?

Bamz:


Fingers crossed. I went for the 364 days tenor.

Primary market abi

cee001:
Primary market abi

Yes, GT account officer says he didn't get any information as to the Auctions before noon today, so I'm hoping to get feedback tomorrow or the next.

Please I have an issue here.... made an investment in Tbills with ecobank they gave me a quotation of 9.7% after a week, they paid me about 3%. The 91 days has elapsed and I only got ma initial investment with the other 6% yet to be paid... it's been over 3 weeks the 91 tenor elapsed what am I to do? Thanks in anticipation

Does anyone have the timetable?