IHelp:


Read through the previous posts. You will find answers to your question and even more.

pls who knows when is the next auction

IHelp:


Read through the previous posts. You will find answers to your question and even more.

pls when is the next auction for t bill of course

ferome:
pls when is the next auction for t bill of course

On 15th June. Submit your request to your bank before this date

https://www.nairaland.com/3141918/over-15-roi-phase-investment


Amazing Offer!!! Check it out!

Pls How long does it take the bank to debit one's account after a successful bid. My bid was successful from yesterday's auction, but am still yet to get a debit alert on my account. GT Bank to be precise. Could something be wrong?

9galen217:
Pls How long does it take the bank to debit one's account after a successful bid. My bid was successful from yesterday's auction, but am still yet to get a debit alert on my account. GT Bank to be precise. Could something be wrong?

If you have confirmed the bid was successful, you don't have to worry. You will be debited tonight or tomorrow.

IHelp:


On 15th June. Submit your request to your bank before this date

tanks alot

Pls I need more orientation here, I submitted a bid on Friday through first bank and my account was debited instantly same day, but to my surprise my account was credited back yesterday informing me that my bid didn't went thru. Is this the norm, and also end of the month interest wasn't given on my balance.

leexey:
Pls I need more orientation here, I submitted a bid on Friday through first bank and my account was debited instantly same day, but to my surprise my account was credited back yesterday informing me that my bid didn't went thru. Is this the norm, and also end of the month interest wasn't given on my balance.

Each bank have the way they operate. This is the way first bank operate. They debit before the bid day. I have experienced same with them, though on bond not TB.

lilee2hot:
See below the CBN stop rate at last auction yesterday

91d –   7.9900%

182d-   9.0500%

364d – 11.1000%

It dipped against our prediction guys

Hmmm

please house, am new to t-bills and would like to invest. please when is the next auction date ? and how is the payment done into my account . thanks

Access bank gave me 9 percent for 239days...



Comment pls

yomi007k:
Access bank gave me 9 percent for 239days...



Comment pls

You should have told the officer that you wanted to buy from the last auction, I was at access bank to purchase the June 1st t-bills but they were giving me those funny rates and days but I insisted on what I wanted. I did 182 days and I got almost 9percent. Better than first bank for now

exclusiveoloori:


You should have told the officer that you wanted to buy from the last auction, I was at access bank to purchase the June 1st t-bills but they were giving me those funny rates and days but I insisted on what I wanted. I did 182 days and I got almost 9percent. Better than first bank for now

Tnk u very much

https://www.nairaland.com/3155616/buhari-endorses-cbns-flexible-fx

Gurus, what impact do you think this will have on the next auction?

CBN to mop up liquidity ahead of new FX policy

http://businessdayonline.com/2016/06/cbn-to-mop-banks-liquidity-before-unveiling-fx-policy/

Guys, I'm know many of us probably lost at the last bid, no one could envisage that the rate could fall that much!!!!!!!!

Moving forward; What are the rate possibilities this week? Rate to rise or further fall?

exclusiveoloori:


You should have told the officer that you wanted to buy from the last auction, I was at access bank to purchase the June 1st t-bills but they were giving me those funny rates and days but I insisted on what I wanted. I did 182 days and I got almost 9percent. Better than first bank for now

please how often does the CBN auction T bills monthly?I haven't gone to my bank, GTB to apply;and I learnt the application should be done 48hrs before auction ?.can I still do it tomorrow? .thank you

Babalakin:
please how often does the CBN auction T bills monthly?I haven't gone to my bank, GTB to apply;and I learnt the application should be done 48hrs before auction ?.can I still do it tomorrow? .thank you

Many times here it's been said that you should drop ur bid request a day before action date which is Wednesday 15th, that mean you must drop ur bid tomorrow 14th.

CBN conducted a NTB auction earlier today where it sold N48.1bn 91-day, N29bn 182-day and N152bn 364-day bills at 8.00%, 9.35% and 11.99% stop rates. We highlight that the total of N229bn worth of bills was higher than the N152bn offered while the stop rates on were higher on the 182-day and 364-day bills than the last auction.

Timmi:
CBN conducted a NTB auction earlier today where it sold N48.1bn 91-day, N29bn 182-day and N152bn 364-day bills at 8.00%, 9.35% and 11.99% stop rates. We highlight that the total of N229bn worth of bills was higher than the N152bn offered while the stop rates on were higher on the 182-day and 364-day bills than the last auction.

according to this, I will only loose N1k with my bid.... Not bad

Timmi:
CBN conducted a NTB auction earlier today where it sold N48.1bn 91-day, N29bn 182-day and N152bn 364-day bills at 8.00%, 9.35% and 11.99% stop rates. We highlight that the total of N229bn worth of bills was higher than the N152bn offered while the stop rates on were higher on the 182-day and 364-day bills than the last auction.

Please where can I get the link for the successful bid report, checked CBN website it was not there. It was only updated till June 1st,2016. Thanks.

Is there tbill auction this week? Fbn just debited me for tbill today, which is d exact amount that i applied for on d 1st of june auction that failed.

silvoice:
Is there tbill auction this week? Fbn just debited me for tbill today, which is d exact amount that i applied for on d 1st of june auction that failed.

no

My bank also debited my account yesterday/

Pls, what's d current percentage on T-bills, cos presently I'm on Fixed deposit and I will like to switch to T-bills. Pls, I will like to know what rate Ecobank is offering, I want to do it b4 my next maturity date for d investment.