i went to first nd i was not allow to place bid is d bank going to sell from secondary market.
Union bank ask me to write letter to bid.....am about to close my unionbank acc for these.
Is first bank TB branch depended or bank holder get desame rate.

Why do you want to close your union bank account when they sincerely asked you to write a simple letter to bid by yourself.........Thats the most transparent way to invest in T.Bills..........Now its left for you to bid correctly........

htconeline:
i went to first nd i was not allow to place bid is d bank going to sell from secondary market.
Union bank ask me to write letter to bid.....am about to close my unionbank acc for these.
Is first bank TB branch depended or bank holder get desame rate.

htconeline:
i went to first nd i was not allow to place bid is d bank going to sell from secondary market.
Union bank ask me to write letter to bid.....am about to close my unionbank acc for these.
Is first bank TB branch depended or bank holder get desame rate.

Union bank is still one of the most ethical banks around... Just write the letter and see what they will do...

Damolaskynov:




@ nitrogen,thanks a billion for this information...at least,my account officer will not say that CBN did not offer 364 days tenor like they said last week
@ angelo82,this schedule was exactly what I was requesting for.I do not bother myself anymore with all those statistics prepared by ''professionals" that never comes to pass...moreover,I go with the bank's rate so I don't lose out (half bread is better than chin-chin sometimes)

lol

presiade:

Union bank is still one of the most ethical banks around... Just write the letter and see what they will do...

you can still try first bank

princeuk21:
you can still try first bank

Union is actually better...

presiade:

Union is actually better...

Pls whats the minimum capital I can invest in treasury bill using Union bank

just2endowed:


Pls whats the minimum capital I can invest in treasury bill using Union bank

N100,000 is acceptable.

presiade:

N100,000 is acceptable.

thanks

I got 13% for 177days , is it okay

I think is ok considering the tenure..........

Godside:
I got 13% for 177days , is it okay

Godside:
I got 13% for 177days , is it okay

Very much okay.
Which bank?

Desanta:




Very much okay.
Which bank?

Diamond bank

Million deduct from my account around 3am on Tuesday still waiting for sms from bank hope I get like 14.00 for 182days.

GT for the very first time is messing with me, and I will be forced to do a secondary market bid (sighs) but not with them.

Sterling or Access?

Lovely people,
Which should I opt for?

It's my first time so please bear with me. I applied to buy treasury bills from first bank two weeks ago and the amount was deducted from my savings account that day and I was told they would get back to me before last friday. I called the lady, sent texts but she didn't reply. So I went back to the bank first thing on monday morning, she says they would know how the bidding went by today and I should come tomorrow morning. My question is, what if I get there tomorrow and she starts posting me again? If I dont get this now and have to wait another two weeks, I would have lost a month in waiting. If it isn't successful, can I ask that my money be paid into my account immediately and go to another bank tomorrow? Please quote me when you reply.

Current rates anyone?

I just dey wait oo any update yet for today's bid.

egopersonified:
It's my first time so please bear with me. I applied to buy treasury bills from first bank two weeks ago and the amount was deducted from my savings account that day and I was told they would get back to me before last friday. I called the lady, sent texts but she didn't reply. So I went back to the bank first thing on monday morning, she says they would know how the bidding went by today and I should come tomorrow morning. My question is, what if I get there tomorrow and she starts posting me again? If I dont get this now and have to wait another two weeks, I would have lost a month in waiting. If it isn't successful, can I ask that my money be paid into my account immediately and go to another bank tomorrow? Please quote me when you reply.

Let take it a step at a time , please how did you apply , did you write a letter to apply ? If yes , then i will advise u tel r to return ur moni to ur acct , while you try nd speak to the branch Manager abt it cuz i did my bidding 2day at Diamondbank nd i got the txt ds evenin, i hop ds little wil help

Godside:


Let take it a step at a time , please how did you apply , did you write a letter to apply ? If yes , then i will advise u tel r to return ur moni to ur acct , while you try nd speak to the branch Manager abt it cuz i did my bidding 2day at Diamondbank nd i got the txt ds evenin, i hop ds little wil help

Just called the first bank staff now, she says the bid date is today and was successful but it's still ongoing so I should hold on and she will call me tomorrow but I told her I would be at the bank first thing tomorrow morning. If the bid wasn't successful two weeks ago, why wasn't the money paid into my account then? I didn't write a letter just filled some forms. Please advice.

egopersonified:


Just called the first bank staff now, she says the bid date is today and was successful but it's still ongoing so I should hold on and she will call me tomorrow but I told her I would be at the bank first thing tomorrow morning. If the bid wasn't successful two weeks ago, why wasn't the money paid into my account then? I didn't write a letter just filled some forms. Please advice.

Since the bid is successful you will be notified tomorrow. Otherwise you should get your money back immediately if it was unsuccessful.

They are trading on your money.. See the manager and demand an apology and a promise that they will never hold on to your money again if the bid is unsuccessful..

egopersonified:


Just called the first bank staff now, she says the bid date is today and was successful but it's still ongoing so I should hold on and she will call me tomorrow but I told her I would be at the bank first thing tomorrow morning. If the bid wasn't successful two weeks ago, why wasn't the money paid into my account then? I didn't write a letter just filled some forms. Please advice.

Hmmm.....i dont no if this is how they run Tb at first bank . Visit the bank as planed bt wen get to the bank you dont need to speak any english with the lady at all , walk straight to the bank Managers office to make your complain. Am not sayin the lady is tryin to liar bt meet with the bank manager First

Godside:


Hmmm.....i dont no if this is how they run Tb at first bank . Visit the bank as planed bt wen get to the bank you dont need to speak any english with the lady at all , walk straight to the bank Managers office to make your complain. Am not sayin the lady is tryin to liar bt meet with the bank manager First

Exactly my plan, thanks.

Desanta:


They are trading on your money...

This is what I had concluded, I just hope I would be able to keep calm tomorrow, because I am really pissed off.

Good morning house
Any information on Central bank rates for this week's bid across all tenors? PLEASE publish here. Thanks

March 4 result from cbn site
91 days tenor=10.8%
182 days tenor=14.85%
364 days tennor=15.899%

I m still waiting for first bank notification. I don't know if thier bid is successful.

Rates keep going up...........I am waiting for another T.Bill to mature today,so that I can lock that one in also for another 364days............The thing is if you don't invest your money with current tide of incessant devaluation,your money will definitely worth nothing in the long run.............So is smart to invest and get as much interest as possible and possibly when the economy is stable,you can reap further benefit with a valuable naira..........

kaptinphilz:
March 4 result from cbn site
91 days tenor=10.8%
182 days tenor=14.85%
364 days tennor=15.899%

I m still waiting for first bank notification. I don't know if thier bid is successful.

Am not satisfy with firstbank been my first tym in TB.
So I went to the bank today, I told the lady at the desk that am yet to receive alart or sms after my money as been deduct from tueday morning. She said she as send my interest and it could be network since she's not the one sending the massage according to her.on my way going out I check my account and am still left with 0000.i was only giving certificate which she ask me to sign.
By the way I got 13.5 for 182 days tenor........which is still not ok by me.........
Pls what other bank allow you to place your bid .....
Cusss cbn issue 14.85 for 182 and I got 13.5 am not satisfy.

htconeline:
Am not satisfy with firstbank been my first tym in TB.
So I went to the bank today, I told the lady at the desk that am yet to receive alart or sms after my money as been deduct from tueday morning. She said she as send my interest and it could be network since she's not the one sending the massage according to her.on my way going out I check my account and am still left with 0000.i was only giving certificate which she ask me to sign.
By the way I got 13.5 for 182 days tenor........which is still not ok by me.........
Pls what other bank allow you to place your bid .....
Cusss cbn issue 14.85 for 182 and I got 13.5 am not satisfy.

ask her if she got ur tb from the secondary market

just2endowed:


ask her if she got ur tb from the secondary market

Most definitely OTC, Auctions take place on Wednesdays. The person in question was debited on Tuesday. That logic.

Its very simple........Someone might be probably taking advantage of you knowing fully well that you are inexperience concerning T.Bills........Just mail the customer service of First Bank or call them and explain the whole situation.........Am sure they will sort things out for you........Express your situation/feelings just like you have done on Nairaland and everything will be alright............

htconeline:
Am not satisfy with firstbank been my first tym in TB.
So I went to the bank today, I told the lady at the desk that am yet to receive alart or sms after my money as been deduct from tueday morning. She said she as send my interest and it could be network since she's not the one sending the massage according to her.on my way going out I check my account and am still left with 0000.i was only giving certificate which she ask me to sign.
By the way I got 13.5 for 182 days tenor........which is still not ok by me.........
Pls what other bank allow you to place your bid .....
Cusss cbn issue 14.85 for 182 and I got 13.5 am not satisfy.

htconeline:
Am not satisfy with firstbank been my first tym in TB.
So I went to the bank today, I told the lady at the desk that am yet to receive alart or sms after my money as been deduct from tueday morning. She said she as send my interest and it could be network since she's not the one sending the massage according to her.on my way going out I check my account and am still left with 0000.i was only giving certificate which she ask me to sign.
By the way I got 13.5 for 182 days tenor........which is still not ok by me.........
Pls what other bank allow you to place your bid .....
Cusss cbn issue 14.85 for 182 and I got 13.5 am not satisfy.

From my little OT i tink is beta 2go wit the bank rate so as nt to loss out . I dont no why all the banks do act like this