emmanuelewumi:




Did you ask for the tenors available? Were you in the bank on a Wednesday?

You can't get 91 days Treasury Bills in the secondary market, maybe you can get on a Wednesday.

Yes I was in the bank last Wednesday to do 92 days @ 12% but the market has closed when I came by 3:15pm, which made it 91 days @ 12% the next day being Thursday. Infact its part of what confused the acct officer as she claimed n she nw kept it for primary market.

crowntoro:
wish an answer could be given to this

Your friend can request for proof of investment from the bank. All the detais will be stated there.

pls i want to invest in treasury bill,when should i go n place order for it.

Investnow2017:

Dear Esteemed Client,
 
NTB auction will take place on Wednesday, 17th January, 2017 and we will be glad to bid on your behalf.
 
Outlook on Yields
At this week’s primary market auction, the apex bank will offer NGN10.25 billion, NGN26.6 billion, and NGN193 billion of the 91-day, 182-day, and 364-day bills respectively. We expect a further decline in the stop rates at the auction (particularly on the mid and long-tenured bills) as market participants’ remain aggressively bullish driven by FGN debt strategy, expectation of monetary easing and a sticky decline in Inflation.
 
Consequently, we advise that you invest in treasury bills now to take advantage of the still attractive yields.
   
Please see details of the next NTB auction below.    
 
Auction  Date
17/01/2018
17/01/2018
17/01/2018
Tenors
91-day
182-day
364-day
Indicative Rates
12.00%-12.30%
13.00%-13.50%
13.70%-14.00%
Minimum Investment
N1,000,000
N1,000,000
N1,000,000
 
Some of the benefits of Treasury bill investment are highlighted as follow.
·         Upfront Interest Payment: Interest on treasury bills is paid up front. This provides opportunity for an investor to receive the interest at the beginning of the investment and reinvest for more interest before maturity.
·         Security of Investment: Treasury instruments are relatively free from credit or default risk because they are backed by the treasury of the federal government of Nigeria.
·         High Interest Rate: Treasury bill rates are currently high at 15%.
·         Collateral: Investment in treasury bills can be used as collaterals for loan from financial institutions.
·         Tax Free: Investment in treasury bills is tax free.

just seeing this...the aution is taking place Wednesday

Should I go n place bid tomorrow with my bank...i need you guys reply urgently. thanks

T-Bills Market Bearish as Yields, Overnight Rate Rise
https://www.businesspost.ng/2018/01/16/t-bills-market-bearish-yields-overnight-rate-rise/

Forex Market Gets Fresh $210m Intervention from CBN
https://www.businesspost.ng/2018/01/16/forex-market-gets-fresh-210m-intervention-cbn/

smiliyB:
Should I go n place bid tomorrow with my bank...i need you guys reply urgently. thanks

yes..you will be given a form to fill

Alright. thanks

Good morning everyone. I invested in TB, sec market, using FBN about five weeks ago. The interest already dropped. The issue is i'm yet to obtain my investment certificate. This is because i travelled outta d state 24 hours after d investment. I feel i'll always get it anytime i come to Lagos. I hope my investment is safe? My first TB investment actually.

eniorisha:
Good morning everyone. I invested in TB, sec market, using FBN about five weeks ago. The interest already dropped. The issue is i'm yet to obtain my investment certificate. This is because i travelled outta d state 24 hours after d investment. I feel i'll always get it anytime i come to Lagos. I hope my investment is safe? My first TB investment actually.

That certificate /proof is just for you to know the terms and conditions of your contract. Like the rate, duration, charges etc. If not your bank statement and alert should suffice as a proof. You can always walk in there when you return and get it. Just be sure to remember where your investment is. either in primary or secondary market. That's all..

Good morning House.

Please what is the procedure to terminate treasury bill before maturity? It's one one year tenor and six months has elapsed already.

Someone please assist

@Investnow2017
@sancticruz
@freeman67
@smiliyB

plz if someone invested 20million on TB for a tenor of 90 or 265days, can anybody calculate the interest for me

omoyankee3:
Sure beats US bonds, I will look into buying some. When is the next auction and how can I buy? (I reside in the US)

Get #80k monthly with just #500k

Get a total of 16% of your invested sum every month for 12months.(192% in 12Months. with #500k investment you get a total of #80k every month for 12months. #960k)

Generated funds from investors are used to part-finance the purchase of Volkswagen T4 buses for commercial transport along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information:
click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

chukwuwike2ny:




Get #80k monthly with just #500k

Get a total of 16% of your invested sum every month for 12months.(192% in 12Months. with #500k investment you get a total of #80k every month for 12months. #960k)

Generated funds from investors are used to part-finance the purchase of Volkswagen T4 buses for commercial transport along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information:
click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

See this thief ooo. Scam Scam.

Phyde:
okuovara.fidelis@gmail.com

britneyknox99@gmail.com

Iamzik:
Good morning House.

Please what is the procedure to terminate treasury bill before maturity? It's one one year tenor and six months has elapsed already.

Someone please assist

@Investnow2017
@sancticruz
@freeman67
@smiliyB

Are you sure you are talking about treasury bills and not Bond?
I ask because Treasury Bills have only 91days, 182days and 364days tenors and if they mature, you will simply get your account credited back with your Principal amount

janga:
plz if someone invested 20million on TB for a tenor of 90 or 265days, can anybody calculate the interest for me

At 90 days tenor, you are likely to get between 12% to 13% interest rate either at the primary or secondary market. So you interest would be calculated thus:
20,000,000 * 12/100 = 2,400,000/4 = 600,000 naira

At 265 days tenor you are likely to get between 13.5% to 15% interest rate either at the primary or secondary market. Your interest when calculated would amount to this:
20,000,000 *14.5/100 = 2,900,000 naira

Iamzik:
Good morning House.

Please what is the procedure to terminate treasury bill before maturity? It's one one year tenor and six months has elapsed already.

Someone please assist

@Investnow2017
@sancticruz
@freeman67
@smiliyB

Nothing much.. Just go to staff that attended to you when you invested and tell him the same thing. You will probably be given a form to fill or ask to write a termination letter to that effect.

TONY56:


Are you sure you are talking about treasury bills and not Bond?
I ask because Treasury Bills have only 91days, 182days and 364days tenors and if they mature, you will simply get your account credited back with your Principal amount

One year is synonymous to 364days, same with 6 months & 182days; and with 3 months & 91days.

janga:
plz if someone invested 20million on TB for a tenor of 90 or 265days, can anybody calculate the interest for me

Applying PRT/100=simple interest.
It depends on the rate you will be given.

Put in any rate of your choice for R
P is 20m and T is 90/364 or 265/364

Greetings,
Please, permit me to ask questions regarding FGN bonds.
Is FG bond exempted from any form of taxation e.g withholding tax
/commission from the bank? And also what is the difference between reopening bonds and the other one.

Dear Valued investors,



Headline inflation declined for the eleventh consecutive month to 15.37% in December 2017



· Earlier today, the Nigerian Bureau of Statistics released its December 2017 Inflation report which showed a moderation in headline inflation to 15.37% year on year (y/y) in December 2017, against 15.90% y/y in November 2017.

· We highlight that y/y movement in headline inflation was largely influenced by the slowdown in the rise in the Food sub index to 19.42% y/y in December 2017, from 20.30% y/y in November 2017.

· Furthermore, the rate of increase in the Food sub-index fell to +0.58% month on month (m/m) in December 2017, from 0.78% m/m in November 2017. This was the slowest increase in the Food sub-index in 2017.

· In our opinion, the slowdown in the increase in food prices in December 2017, which occurred against the seasonal increase in food prices, may not be unconnected with already high prices in the market, given that the food sub-index touched a eight year high of 20.32% y/y in September 2017, as well as weak consumer demand.

· The rise in prices in the Core sub-index (All items less farm produce) also slowed to 12.10% y/y in December 2017, from 12.20% in November 2017. On a m/m basis, the Core sub index increased by +0.51% in December 2017, against +0.77% in November 2017.



Outlook

· We believe the recently published December 2017 Inflation report may further confirm expectations for the rise in consumer prices to moderate in 2018, on the back of the high base effect of 2017 as well as the willingness of the administration to curtail any potential increase in energy and food prices given the negative impact it may have on re-election prospects.

· Our view remains that as we see headline inflation moderate towards the CBN’s target (c.11-12%) we are likely to see the Apex bank move to a more accommodative monetary policy.

· Nonetheless, we see the on-going scarcity of PMS, which contributed to the c.+18% m/m increase in the average PMS price paid by consumers in December 2017 (c.N172/litre), as a potential downside risk to our outlook, as well as disruptions to activities in the Agriculture sector and election spending.



Implications

· We believe the potential for a further decline in the rate of increase in consumer prices should be a positive for company performances in 2018, which should be a supportive of the equities market.

· Furthermore, the likely reduction in the benchmark interest rate and the proposed refinancing of USD2.5billion worth of local debt with offshore borrowings, should see yields in the fixed income space moderate, which should further support the equities market’s performance.

· Also, the potential harmonization between the FG’s expansionary fiscal policy and the CBN’s monetary policy could bode well for the funding of the c.N2trillion fiscal deficit at a lower cost. As a result, we could see the nation’s debt service to revenue ratio decline below c.45% currently, according to the Minister of Finance.



Please click to download a copy of the Nigerian Bureau of Statistics’ Inflation Report for December 2017.




Warm regards,
Investment Management & Research
Research@investment- one.com

I just received this from my account officer:

Good Day Sir,

Kindly note that the current Treasury Bills on the Primary Market are 91days @ 12.2% & 182days 13.2% while the Secondary market interest is flexible and not static (subject to available rate per instrument) Funds invested in the primary market get rolled over within the same tenor while funds in the secondary market are not rolled over.

We have for 86 days at the rate of 9%; 135 days at the rate of 10% and 156 days at the rate of 11% treasury bills available for booking... Access BAnk Rate. So bad of them. PLease which bank as a better rate for now so i can move my funds.

freeman67:


Nothing much.. Just go to staff that attended to you when you invested and tell him the same thing. You will probably be given a form to fill or ask to write a termination letter to that effect.




One year is synonymous to 364days, same with 6 months & 182days; and with 3 months & 91days.

Many thanks @freeman67

Is there any penalty charge?

I hope I will get equivalent of the interest for six months that have elapsed plus my capital. I bought at 18.48% hope this won't affect my principal considering the present rates.

@House please share your knowledge or experience about this Tbill termination before maturity date.

ozymes:
Are fund providers going to be part owners of these buses? Duely documented as part owners and be able to review the finacial affairs of the company in question?

Fund providers are merely investors that gets back their principal + ROI (10% Principal + 5% ROI) monthly but we thought it wise that fund providers should know what their funds will be used for. It's comforting to know that the business is very real and physical and funds will be used to procure something tangible and valuable that recomvertable to cash. not some online stuff.

However, it will be lawful for fund providers to claim the buses ( which was procured with investors fund and company's equity) If there's a breach payment as stated in the contract. So Company's equity garrantees payment.

I went to FBN to terminate some parts of my treasure bill I did with them, which suppose to mature by April 5th, 2018 and they said I can't even terminate all the bill let alone of parts. Secondary market though.

Please who have had such experience, as I was never told that I won't be able to terminate my bills during subscription?

chukwuwike2ny:


Get #90k monthly with just #600k Investment

Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k)

lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information: click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

lowkey28:


See this thief ooo. Scam Scam.

Not a thief, not a scam and you know it!
What joy do you get in bringing people down.
Well, it's what you have that you can only give and all things are pure to one that's pure!



God bless and prosper you anyways

chukwuwike2ny:


Get #90k monthly with just #600k Investment

Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k)

lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information: click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

[s]

chukwuwike2ny:
chukwuwike2ny:


Get #90k monthly with just #600k Investment

Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k)

lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information: click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

[/s]

Please stop this madness ok. Stop now! Are you blind or what? Can't you read that this thread is for Treasury Bills? Or can't you create your own thread like others are doing?

chukwuwike2ny:


Get #90k monthly with just #600k Investment

Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k)

lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information: click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

ozymes:
Are fund providers going to be part owners of these buses? Duely documented as part owners and be able to review the finacial affairs of the company in question?

Fund providers are investors and will get back their principal + ROI (10% principal + 5% ROI) monthly until repayment is complete.

chukwuwike2ny:


Get #90k monthly with just #600k Investment

Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k)

lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information: click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp

vitality22:

Bros, na waooo. What is the guarantee that i will get back my money. Please you will do well to change from this your SCAM this 2018.
You want to elope with people's hard earned money abi? It will never work for you. Please change ooo

The way you see an offer and immediately conclude it's a scam is wonderful...

This is not at all a scam I can promise you that!

It's been floated by a registered transport company and you can get more information if care!

God bless and prosper you greatly.

chukwuwike2ny:

chukwuwike2ny:


Get #90k monthly with just #600k Investment

Get a total of 15% (10% Principal + 5% ROI) every month for 10months.(150% in10months. with #600k investment you get a total of #90k every month for 10months. #900k)

lnvestors fund will be used to part-finance the purchase of Volkswagen T4 buses for commercial transportation along Ajah/lekki/CMS/Obalende Route and/or some paylater schemes of the ICVOW Association.

For more information: click2ny@gmail.com
08067233120, 08111595550
Calls, WhatsApp




The way you see an offer and immediately conclude it's a scam is wonderful...

This is not at all a scam I can promise you that!

It's been floated by a registered transport company and you can get more information if care!

God bless and prosper you greatly.

bros please we agree you're not a scammer, alright open ur own thread I beg. before now it was the forex guy now you that's if you are not the same person with another format.