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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4447819 Views)
Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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Re: Treasury Bills In Nigeria by TONY56: 8:32pm On Oct 19, 2017 |
Izuogu1: Stanbic is never in a hurry to debit their NTB customers. Their debits may even be as late as Friday when you would have thought that it was not successful and sometimes, they may still be sending messages to you regarding it as late as Thursday morning 1 Like |
Re: Treasury Bills In Nigeria by TONY56: 8:38pm On Oct 19, 2017 |
Destinydele: With the CBN stop rate at 15.20%, it's not bad at all. The rates appears to have reached their parabolic height for now and are descending southwards. Your interest at the end of the tenor will be in the range of between N340,000 & N345,000. Next primary market is almost certainly going to be lower than the last one. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 8:44pm On Oct 19, 2017 |
Acidosis:oh..is that how it's done ? So I will receive 435k back after 91 days? |
Re: Treasury Bills In Nigeria by Nobody: 8:45pm On Oct 19, 2017 |
TONY56:really? I think I have to invest more of my idle fund into this |
Re: Treasury Bills In Nigeria by Nobody: 8:46pm On Oct 19, 2017 |
Acidosis:but no vex o! At what interest rate is it? #toolazytocalculatenow |
Re: Treasury Bills In Nigeria by Kingtolus: 8:54pm On Oct 19, 2017 |
Kingtolus: |
Re: Treasury Bills In Nigeria by Acidosis(m): 9:04pm On Oct 19, 2017 |
Izuogu1:Yeah |
Re: Treasury Bills In Nigeria by Acidosis(m): 9:05pm On Oct 19, 2017 |
Izuogu1:I don't know o |
Re: Treasury Bills In Nigeria by Kingtolus: 9:06pm On Oct 19, 2017 |
pls can someone help out [quote author=Kingtolus post=61583800][/quote] |
Re: Treasury Bills In Nigeria by Khutie: 12:29am On Oct 20, 2017 |
feelamong:•••Can yhu please elaborate this Tbills stuff in layman's term... I wanna start wid 100k...and which bank will be better...Thankx |
Re: Treasury Bills In Nigeria by chinnyonwu(m): 5:38am On Oct 20, 2017 |
Khutie:Treasury bills is all about lending money to the government on a short term basis. It has 3 maturity period, 91 days, 182 days and 364 days. The higher the tenure the higher the rate. Whichever tenure you choose, the rate of interest is calculated annually and prorated. You can starr by going to your bank and telling the customer care that you want to invest in treasury bills., although some banks will not accept your 100k cos it might be too low. I think first bank accepts 100k though. Then......... My own personal thoughts, 100k might not give you an average of more than 1300 monthly... I advice you could do it once, to know what it feels like and how much you like it, and if you are still young, taking more daring risk could be worthwhile. You can also compare regular treasury bills with mutual Funds, i have a thread that explains mutual funds, check the topic i created. Cheers |
Re: Treasury Bills In Nigeria by gr8mike001: 6:48am On Oct 20, 2017 |
So my first bid in tbills was successful 91days 13% fbn, tnks nairaland family |
Re: Treasury Bills In Nigeria by NL1960: 9:06am On Oct 20, 2017 |
Izuogu1: I = PTR/(364 * 100) I = Interest = 14,2017 P = Principal = 435,000 T = Time = 91 R = Rate = Unknown I = PTR/(364 * 100) = PTR/36400 R = I * 36400 / (PT) R = (14,207 *36,400) / ( 435,000*91 ) R = 51,7134,800/39,585,000 R = 13.06390804597701 R = 13.06% 3 Likes 2 Shares |
Re: Treasury Bills In Nigeria by bliss11(m): 9:09am On Oct 20, 2017 |
TONY56:thanks it came tru and there was no deductions. Thanks |
Re: Treasury Bills In Nigeria by Nobody: 10:06am On Oct 20, 2017 |
NL1960:cool rate.. Thank u |
Re: Treasury Bills In Nigeria by Omonigeriarere: 11:09am On Oct 20, 2017 |
feelamong: feelamong, when is the next bidding date? |
Re: Treasury Bills In Nigeria by TONY56: 11:30am On Oct 20, 2017 |
bliss11: Good |
Re: Treasury Bills In Nigeria by Divfav(m): 4:07pm On Oct 20, 2017 |
pls can someone kindly tell me the current minimum amount accepted if i want to purchase? Thanks. |
Re: Treasury Bills In Nigeria by ojaydedon(m): 4:50pm On Oct 20, 2017 |
chinnyonwu: am also a novice.. would love to know more about the whole stuff... is gtb\access bank good for it? tnx |
Re: Treasury Bills In Nigeria by chinnyonwu(m): 7:19pm On Oct 20, 2017 |
ojaydedon:I used GTB, they are Ok. Which more again would you like to know? |
Re: Treasury Bills In Nigeria by Nobody: 10:15pm On Oct 20, 2017 |
Divfav:N100k |
Re: Treasury Bills In Nigeria by wuwu2: 7:46am On Oct 21, 2017 |
Let me ask pls. I am looking for inputs, at this point in time, considering rates, which is the better investment currently between NTBs and FBNMMF? |
Re: Treasury Bills In Nigeria by AcquireCofOLand(m): 8:41am On Oct 21, 2017 |
As much as you do Treasury Bill investments, I'll advise we do real estate property investments too. You'll always get it right here because it keeps appreciating, especially in some good locations that is guaranteed fast appreciation and high ROI like Ibeju-Lekki and Ajah. We have as cheap as N700k on promo that ends this October in this Ibeju-Lekki axis with all relevant paper based on current status. A particular land in Ibeju-Lekki that my clients bought 3 plots from around This year March @N700k is presently N2.5m. You don't want to ask me his cone such appreciation. Well, that's why the rich are getting richer. Rover Kiyosaki and Donald do a lot if Real Estate and they became billionaires through this. They jeep advising those who gave the means and have privilege of such info as this to do this more often to guarantee a comfortable future for our family. It may surprise you to know that many in diaspora are l accumulating a lot of this. Check my signature for More details sir. Call 08 034113771, WhatsApp 08 0 2 7390046 Izuogu1: |
Re: Treasury Bills In Nigeria by ojaydedon(m): 11:04am On Oct 21, 2017 |
chinnyonwu: what are the procedures.. and what's the least good amount you can use to start up |
Re: Treasury Bills In Nigeria by Kentrasso(f): 11:31am On Oct 21, 2017 |
Hi all, my TB will mature by the end of this month. Is there anything I need to do or they'll just pay it like that? |
Re: Treasury Bills In Nigeria by freeman67: 11:58am On Oct 21, 2017 |
Kentrasso:You don't have to do anything just wait and receive the alert on Thursday of the week it is to expire. However if it is first Bank you may not get alert but the money will still enter your account. |
Re: Treasury Bills In Nigeria by dotcomnamename: 12:39pm On Oct 21, 2017 |
[s] AcquireCofOLand:[/s] Please post your property advert here https://www.nairaland.com/properties This thread is for Treasury Bills 7 Likes |
Re: Treasury Bills In Nigeria by chinnyonwu(m): 2:25pm On Oct 21, 2017 |
ojaydedon:Just goto your bank and tell them you eant to invest in treasury bills. I dont know the minimum. Only your bank can tell you that. I did 1m for GTbank so i didnt ask their minimum. However i have heard first bank accepts 100k |
Re: Treasury Bills In Nigeria by luluz4u: 3:10pm On Oct 21, 2017 |
gtb accepted 100k this year. I'm not sure they av stopped accepting 100k. but don't jst walk up to gtbank and say u want to do for 100k cos of d way u wil be addressed. contact ur acct officer instead ojaydedon:gtb accepted 100k this year. I'm not sure they av stopped accepting 100k. but don't jst walk up to gtbank and say u want to do for 100k cos of d way u wil be addressed. contact ur acct officer instead |
Re: Treasury Bills In Nigeria by TONY56: 4:07pm On Oct 21, 2017 |
luluz4u: CAUTION!!! It MAY be suicidal to contact your account officer about your intentions to do NTB. In most cases, you will be frustrated and exploited if he knows or realises that you are a newbie in it 3 Likes |
Re: Treasury Bills In Nigeria by pointstores(m): 5:00pm On Oct 21, 2017 |
12VOLT 40AH 15,000 12VOLT 100AH 30,000 12VOLT 200AH 51,000 NOTICE THEY ARE ALL USED BATTERY FROM TELECOMMUNICATION COMPANY AVILABLE IN GRADE A AND GRADE B LAPTOP SOLAR POWER BANK WITH PANEL 40,000 FOR MORE INFORMATION CALL 081661117634 LOCATION LAGOS CHECK OUT https://solarvisionnija.com.ng/ |
Re: Treasury Bills In Nigeria by dipoolowoo: 8:17pm On Oct 21, 2017 |
T-Bills Market Remains Bearish as CBN Raises N133.8b https://www.businesspost.ng/2017/10/21/t-bills-market-remains-bearish-cbn-raises-n133-8b/ |
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