Treasury Bills Information Wanted

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Nairaland Forum  |  General Discussion  |  Business (Moderators: FOD, naijacutee)  |  Treasury Bills Information Wanted
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Author Topic: Treasury Bills Information Wanted  (Read 153 views)
faketan (m)
Treasury Bills Information Wanted
« on: October 13, 2007, 09:31 PM »

Hello guys, Please i need some expert info on how treaury bills/bonds are traded in Nigeria.

How risk free is it in nigeria? Is there anyone who has been involved in such investment before?


I will appreciate it if you can give me some insight.
Thanks.
poske (m)
Re: Treasury Bills Information Wanted
« #1 on: October 14, 2007, 01:54 AM »

Why don't you go and ask the fellows at access bank.    Shocked They are dropping 10% for a 3mth coupon. I believe these investments are much better than investing in stocks in general its just that the average man on the street is not well  Huh informed about this alternative risk investment. And should be used to balance out or hedge any portfolio. I posted something like this and no one seamed to know what i was talking about, i called it money machine. Because if you work out a good compound interest on them they could turn out to be your own personal (ATM) cashpoint.  Grin  Cheesy no need for yahoo,  Wink after a continous 5yr investment it just spirals out of control as far as the asset continues to perform. Right now it has out performed the USdollar in the past 2yrs. Although i have not compared it to local inflation that will be the test. Anyway all i need is for it to outperform gold then we know we are talking  Cool  Hola at me if you need to discuss this one to one,  Smiley
faketan (m)
Re: Treasury Bills Information Wanted
« #2 on: October 14, 2007, 04:27 AM »

Hey Poske, thanks mate. I will really like to talk to you.
otokx (m)
Re: Treasury Bills Information Wanted
« #3 on: October 14, 2007, 08:45 AM »

@ Poske

Do you have investments in Treasury Bills through access bank?
Crownvilla (m)
Re: Treasury Bills Information Wanted
« #4 on: October 14, 2007, 09:17 PM »

@ Poske,

Is the 10% guaranteed? What is the minimum investment required?

Thanks.
wanaj0
Re: Treasury Bills Information Wanted
« #5 on: October 15, 2007, 07:10 PM »

Treasury bill should actually be the LOWEST return that you can get. There are definitely far better options out there.

If however you are risk averse, then stick with Treasury bills.
poske (m)
Re: Treasury Bills Information Wanted
« #6 on: October 23, 2007, 01:58 AM »

maybe i should open my brokerage and make some bucks from this thing at the same time invest in it. I always wonder why brokers don't direct people to these kind of investments.

Anyway for those who need to know more should go and ask them at access bank, i do not have any investment in it yet so,  but it is a definate opportunity and i look forward to do it when i have the funds.

@otox well you dey naija why don't u go and ask them,  @cranvill nothing in life is guaranteed, life is about believe, hope and risk management. Imagine the amount of people dumbing money into the Nigerian stock market, they never stop to ask if this paper am buying is wot?Huh e.t.c anyway  likewise govt bonds anything can happen. But stocks are at least 100times more volatile than bonds. That is why wise investors use it to hedge their portfolios,  anyway just my 2 cents,
walcolm (m)
Re: Treasury Bills Information Wanted
« #7 on: October 23, 2007, 07:16 AM »

@ALL

i think you have all made good contributions and like poske is nudging, we should take a second look at this investment window. it is not so popular with individuals in nigeria but i do know a lot of dicount houses deal on it and are still in business!!!

i will not go so far as poske to say it is a cash machine but i don't also agree wit wanajo that it gives u the lowest returns, it shld do beta than savings, term depo and govt bonds on an annualised basis

if any member of the house can research the modalities of getting into this investment vehicle in nigeria, (i nominate poske since he is enthusiastic about it) i.e. minimum iinvestment, which firms (access bank?) offer individuals the opportunity to tap in etc and share with the house, it might not be a bad idea to try it out for a few years

cheers y'all
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