Slawomir:
Damnnn niggar
Isoright



Although am not a business oriented person just a keyboard warrior, drunkard, weed smoker and a pussy banger
But at all at all I understand say na still how federal government want dey borrow money and how them want dey pay the money back later plus additional interest...which means if you lend or invest in Nigeria bond you nor go fear say them nor go fit pay back

So which still boils down to the fact that tinubu's administration is gonna be a disaster

slawomir:
Damnnn niggar
Isoright



Although am not a business oriented person just a keyboard warrior, drunkard, weed smoker and a pussy banger

bigdammyj:
Noted.

Igwe9:
With the current inflation rate, 9% and 10% respectively are not offers to jump on.

TheBillyonaire:
Bond is less than 11% while inflation at 22%.

Does it make sense?

Ezewilliams177:
It will favor me and my family

saintjimos:
I rather do business with my money

basilo102:
Someone should explain in layman's terms.

Buddha3:
Why won't they list bonds for sale?

The government is eagerly scrambling for all available avenues to squeeze the Nigerian public of more monies.

You'll put your small millions into investing in Nigerian bonds that will mature for harvest by 2025 at a lowly 9 percent interest rate, and by the time it matures in two years, inflation has completely eroded the value of whatever gains you think you should have made. While the government on the other hand, would have further put your millions into funding their egregious and expensive lifestyles, because there is the very strong possibility the monies won't be put into proper investment initiatives.

Na mumu dey buy Nigerian bonds at this very volatile period wey Nigerian currency dey get mood swings pass woman wey dey menstruate!

ChybuzzDD:


Exactly.
I ignored it yesterday when my stockbroker sent it to my email.
The ROI no make sense

ferhyntorlah:


I hate bonds with passion.

Money market funds are better than bonds.

Very annoying interest rate.

Buddha3:


I still find it hard to make sense of the reason(s) any middle class Nigerian will put his/her sweat into buying government bonds.

It's like tying down a lump sum of money for a lengthy period of time to be getting 9percent interest every 3 months, when the government is using that same money to put into personal investments that are fetching them even more profits.

Assume you buy those bonds with 2million naira at a 9percent interest rate to be harvested every 3 months. That implies that the government is sitting on your 2million naira and giving you about 180,000 naira every 3 months as your profits, when you can comfortably invest that lump sum on your own in one or two decent businesses and make that 180K in about a month or less.

I pretty much think it's just people who don't have the business acumen, that end up buying bonds cause they don't know how to save the money. And people who have too much of it that they can afford to have useless monies tied in bonds for safe-keep.

ferhyntorlah:


Thanks for your input.

You need to realise that not everyone is business savvy or has a flair for business. Some prefer to keep their monies in low risk schemes like bond.

I see nothing wrong with it except the low interest rate. That's all

Igwe9:
With the current inflation rate, 9% and 10% respectively are not offers to jump on.

RussellRutherfo:


Except if one has none used huge amount of between 20million, 100million, 1 billion Naira then the 10% becomes really substantial.

Igwe9:
With the current inflation rate, 9% and 10% respectively are not offers to jump on.

Buddha3:


I still find it hard to make sense of the reason(s) any middle class Nigerian will put his/her sweat into buying government bonds.

It's like tying down a lump sum of money for a lengthy period of time to be getting 9percent interest every 3 months, when the government is using that same money to put into personal investments that are fetching them even more profits.

Assume you buy those bonds with 2million naira at a 9percent interest rate to be harvested every 3 months. That implies that the government is sitting on your 2million naira and giving you about 180,000 naira every 3 months as your profits, when you can comfortably invest that lump sum on your own in one or two decent businesses and make that 180K in about a month or less.

I pretty much think it's just people who don't have the business acumen, that end up buying bonds cause they don't know how to save the money. And people who have too much of it that they can afford to have useless monies tied in bonds for safe-keep.

rickleye:
So if I buy N100,000 worth
It will be 100,000 *9%*2 years /100
= 18,000N + 100,000 = N118,000

With 200,000 = just 36,000

With 300,000 = 54,000

500,000 = N90,000

It’s too low in my opinion.