presiade:

I don't believe that.

princeuk21:
u can try them out

presiade:

I don't have to, because I am insider. I know what I'm saying.

princeuk21:
a friend of mine placed a bid of 10.50 for 91 days and he was given 9% for 91days, there was no tax deduction on the 9%.

presiade:

What was the successful rate rate for that particular day? If actually 10.50% went through on the said auction date, I suggest he should contact those addresses I stated above.

fphumie:
I will like to correct some notion- there is no way a bank staff will enrich herself/ hisself personally. Treasury group does the deal while treasury operation group finish the process by debiting the customer's account. For GTB to have given you 15% for 360days I will say it is a good rate . Rates are declining,just do not conclude yet, wait till you get this week bid result to know if you will thank GTBank or do otherwise .
That is my little penny. I bided for 365days at a rate lower than 15% cos rates are dropping

princeuk21:
even union did that to a friend of mine

fphumie:
I jus confirmed from my friend in treasury group in fidelity bank that there will be another primary bid on the 25th of March. Intending bidders to submit their application to their respective banks on Tuesday max.

angelo82:
I agree that 15% is a good rate.....But if you bid 15.2% and your bid was successful

fphumie:
What I meant to say was that the bank sold to him from secondary market because bid was done yesterday and account can only be debited today. For him to have seen alert it simply means that d purchase was done from secondary mkt.
Stop rate for yesterday bid for 364 days was 14.85%. So I guess the rate he was given was too ok.
Let's not misinform people , it is not possible for the staff of a bank to enrich himself/ herself with customer's interest.

fphumie:
What I meant to say was that the bank sold to him from secondary market because bid was done yesterday and account can only be debited today. For him to have seen alert it simply means that d purchase was done from secondary mkt.
Stop rate for yesterday bid for 364 days was 14.85%. So I guess the rate he was given was too ok.
Let's not misinform people , it is not possible for the staff of a bank to enrich himself/ herself with customer's interest.

dandollar1:


Na wa o, GTB is saying they are not aware that there is an auction this week, but zenith bank confirmed it. Does it mean some banks can decide to opt out?

wuwu2:
anybody placed bids yesterday? I did with first bank But havnt heard nothing from them. what was the outcome?

dandollar1:


Na wa o, GTB is saying they are not aware that there is an auction this week, but zenith bank confirmed it. Does it mean some banks can decide to opt out?

wuwu2:
anybody placed bids yesterday? I did with first bank But havnt heard nothing from them. what was the outcome?

ummitoagirl:
Henceforth...bidding will take place every 2 weeks.
Next date is 9th of April
Timetable below.

Seun:
I noticed that you posted it earlier. How did you get it? Thanks & cheers.

deebsman1:
Am having difficulty calculating the t-bill return, i will like someone to please tell me the exact amount of what N1,000,000.00 will return in 91day at the rate of 10.5%. is it N105,000.00? no mind my olodo ooo

coolbibz:


From the little I've learnt here, N108,079 or thereabout should be your effective ROI in 91days.

inze:


You wish

coolbibz:


From the little I've learnt here, N108,079 or thereabout should be your effective ROI in 91days.

inze: you wish

deebsman1:
Am having difficulty calculating the t-bill return, i will like someone to please tell me the exact amount of what N1,000,000.00 will return in 91day at the rate of 10.5%. is it N105,000.00? no mind my olodo ooo

coderXO:





kai na wa o...after hashing, rehashing and hashing again; some still ain't getting it. but they swear they get it.