freeman67:


I do not know if stanbic is already getting fed up and want to frustrate customers from investing in TB. CBN rate was very high I do not know how high there bid was that couldn't make it.

It happens sometimes.. ..In every investment you loose money..so do not take it to heart. Secondary Market is operated almost on a daily basis and the percentages they offer changes daily too. You can still contact them on Monday or better still contact diamond bank for the secondary market if interested.

ladg:
please house..,can I cancel my TB account? its maturing date is around April...but I want to use the money for some other things..is it possible?

svelteriri:
Please has First bank debited anyone. I made a bid and they took the whole money from my account since Wednesday and they are telling me that they are still working on the T BIlls

Inca:

.

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Winneygirl:

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I don't see how Stanbic might want to frustrate customers.
.
I chose their rate at d previous auction. They bidded 17.49% and CBN stop rate was 17.5% for 182 days.
They must've gone a little higher in the hopes that the rates will go up.
.
Any bank that wants to frustrate its customers will choose very low rates.
.
It didn't work out this week for 182 days. It might at next auction. The bank is run by humans, and there's no telling what the CBN rates will be at next auction.

2n2k:


Is there a way a non-insider can verify what the bank's bid rate is?

If a customer choose to have the bank bid for him at its rate and the cbn stop rate is 17.5%, what prevent the bank from telling the customer that it made a bid at may be 15% especially if that 15% falls within successful bid range?

Winneygirl:

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All Bids below and at par with CBN rates are successful.
All bids above CBN rates are unsuccessful.
So the bank most likely bidded at a rate above the CBN rate for the time.

NoQualms1:


Thanks so much for the response. I was at the bank during the week and was told the minimum is 1m. They buy both in the primary and secondary markets.

justpeehay:
Hi. Please what is the highest possible investment in TB?

jeebz:

How much do you have to invest? I am not aware of any limits. The next auction is on 19th January, 2017.

MercyLady3:
Guys, should I be worried about not getting my money back immediately after tenure/maturity/release date as I need my money urgently after the date?

Hope the banks are not involved in some witty decisions?
Any bad experience so far?

[I use GTBank]

Ibukun003:


Just go sleep...on the date of maturity your alert would wake you up... Trust me...

maryini:
Hey guys,

What happens if your bid is unsuccessful?

talktrue1:
Please can someone give me clue on how the application should look like if one wants to bid and when to submit to avoid misplacement.
Or is there a form to fill from the bank. I want to bid through Diamond bank

freeman67, feelamong

talktrue1:
Please can someone give me clue on how the application should look like if one wants to bid and when to submit to avoid misplacement.
Or is there a form to fill from the bank. I want to bid through Diamond bank

freeman67, feelamong

Onboard1:


This letter format may be helpful to you.

Onboard1:


This letter format may be helpful to you.

inze:


. . . its just a simple self explanatory form. tick here, fill there kind of thing. Though Diamondbank will require you to write an application to that effect along with the form right there at the bank.

Redalez:


Do you mean we should invest a lot? Or we should chose higher rates? I want to bid at 17.33 % for 182 days to play it safe this coming auction. Do you think this is a good idea?

justpeehay:
Hi. Please what is the highest possible investment in TB?

[/quote]justpeehay:
Hi. Please what is the highest possible investment in TB?[quote]

yomi007k:


I guess u shud go for one year instead of 3 or 6 months.