salenco1:
Goodmorning fellow Nairalanders. I am new to this thread, can someone explain to me what treasury bill is, and if I want to invest in it how do I go about it. Is it worth investing in?

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ahiboilandgas:
Any body with yesterday auction results

91 days - 1.85%
182 days - 2.5%
364 days - 3.8%

emmanuelewumi:



Go with your proof of ownership to First Registrar they have offices in Lagos, Ibadan, Abuja and Port Harcourt. They will tell you your holdings and the process involved in subscribing for edividend so that you can get you outstanding dividends to be paid into your bank account

Good day Sir

I used to have shares with Bagco, was told recently the company has been sold.

How can I get my investment?

Thanks

0neal:


Good day Sir

I used to have shares with Bagco, was told recently the company has been sold.

How can I get my investment?

Thanks

It was bought by Flour Mills of Nigeria Plc, you now have shares of FMN.

IamR:


91 days - 1.85%
182 days - 2.5%
364 days - 3.8%

Chai

IamR:


91 days - 1.85%
182 days - 2.5%
364 days - 3.8%

my money just dropped today...with this rates i dont think reinvesting would be an option...Can anybody pls suggest another risk free investment for now with good rates..thank you

barrydiv7:

my money just dropped today...with this rates i dont think reinvesting would be an option...Can anybody pls suggest another risk free investment for now with good rates..thank you

If the fund is up to N5 million, buy FG bond in the secondary market through Stanbic IBTC. You should be able to get 10%

barrydiv7:

my money just dropped today...with this rates i dont think reinvesting would be an option...Can anybody pls suggest another risk free investment for now with good rates..thank you

Nigerian breweries has an ongoing CP at 5.05%. Also ridiculous but slightly better. I think the minimum amount is 10m.

barrydiv7:

my money just dropped today...with this rates i dont think reinvesting would be an option...Can anybody pls suggest another risk free investment for now with good rates..thank you

Mutual benefit

barrydiv7:

my money just dropped today...with this rates i dont think reinvesting would be an option...Can anybody pls suggest another risk free investment for now with good rates..thank you

Which bank, my own has not yet dropped till no, my bank is first bank

Pascopele:
Mutual benefit

Mariejeanr:

Which bank, my own has not yet dropped till no, my bank is first bank

union bank

emmanuelewumi:


If the fund is up to N5 million, buy FG bond in the secondary market through Stanbic IBTC. You should be able to get 10%

OK thank you

barrydiv7:

union bank

Thank you

emmanuelewumi:


If the fund is up to N5 million, buy FG bond in the secondary market through Stanbic IBTC. You should be able to get 10%

how about Gtb

emmanuelewumi:


If the fund is up to N5 million, buy FG bond in the secondary market through Stanbic IBTC. You should be able to get 10%

Is that the minimum?

mindtricks:


Is that the minimum?

N20 million is the minimum with Afrinvest. N100 million is the minimum in the primary market and FMDQ

ahiboilandgas:
how about Gtb

GTB won't encourage you .


Stanbic IBTC Stockbrokers used to be the official Stockbroker to Debt Management Office, hence the reason why you can easily get FG bond through them and their parent company.


CSL Stockbrokers, a subsidiary of FCMB is now the official Stockbroker to DMO

emmanuelewumi:


GTB won't encourage you .


Stanbic IBTC Stockbrokers used to be the official Stockbroker to Debt Management Office, hence the reason why you can easily get FG bond through them and their parent company.


CSL Stockbrokers, a subsidiary of FCMB is now the official Stockbroker to DMO

why? Do they have a range

ahiboilandgas:
why? Do they have a range

Bonds are usually done through investment house


GTB has a working relationship with Investment One Financial Services used to be GTB Asset Management until the business was sold through a Management Buyout some years ago.


Same way GTB Assurance was sold through Management Buyout to now become Axa Mansard Insurance

emmanuelewumi:



Bonds are usually done through investment house


GTB has a working relationship with Investment One Financial Services used to be GTB Asset Management until the business was sold through a Management Buyout some years ago.


Same way GTB Assurance was sold through Management Buyout to now become Axa Mansard Insurance

ok but stanbic do we need a separate new investment accounts or an stabic accounts can do

ahiboilandgas:
ok but stanbic do we need a separate new accounts or an stabic accounts can do

If you have a Stanbic IBTC account, you can ask your account officer.


@ Ukay2, you use Stanbic IBTC and you are a bond Investor you can explain to him

ahiboilandgas:
why? Do they have a range

u can invest in Primary Federal Govt Bond direct via Gtbank bcz my acct officer email me a bond form to fill and the mininum amount is 50mill bt the rate for Q2 then was not encouragin so i ignored it because i still have other sources of income. This time am tryin to move morethan 60mill lying useless in my savin acct to Gt-target acct so i can manage the 4.6% peranum but the system is showin the maximum amount to invest is 1millions. @Ahib is this really normal bcz i think u have some money invested in gt-target account

juniorrate:


u can invest in Primary Federal Govt Bond direct via Gtbank bcz my acct officer email me a bond form to fill and the mininum amount is 50mill bt the rate for Q2 then was not encouragin so i ignored it because i still have other sources of income. This time am tryin to move morethan 60mill lying useless in my savin acct to Gt-target acct so i can manage the 4.6% peranum but the system is showin the maximum amount to invest is 1millions. @Ahib is this really normal bcz i think u have some money invested in gt-target account

no i dont have some funds in gt target account..i have a normal saving accounts with rates of i thinks 4.2

Pascopele:
it will and we are anticipating your return to the battle field.

Oga Ahib na "warrior"?...

ahiboilandgas:
no i dont have some funds in gt target account..i have a normal saving accounts with rates of i thinks 4.2

does GTbank have different saving acct that give interest rate? since i created my gtb acct 4rm 2010, i have never receive a single #1 interest except those tbills interest i subcibe via them bt First Bank is creditin me interest every month end 4rm 2010 till this month

juniorrate:


does GTbank have different saving acct that give interest rate? since i created my gtb acct 4rm 2010, i have never receive a single #1 interest except those tbills interest i subcibe via them bt First Bank is creditin me interest every month end 4rm 2010 till this month

u dont withdraw more than 3 times

ahiboilandgas:
u dont withdraw more than 3 times

am aware abt the 3x withdraw that will suspend gettin interest bt my gtbank is only for credit alert not spendin. am like a stingy person, i will have a huge bal in my savin acct bt not a single atom of anythin can make me to spend the money abi na the airtime i dey buy via *737# dey affect the interest or does my account officer think am a old Man by now and she’s choppin the interest bcz am jst 30. all debit alert payment is done via my Access/diamond Bank

emmanuelewumi:



If you have a Stanbic IBTC account, you can ask your account officer.


@ Ukay2, you use Stanbic IBTC and you are a bond Investor you can explain to him

Yes Sir

Oga Ahiboilandgas, just ask for the platinum support team in the stanbic ibtc bank.

They will help you buy FGN Bonds

emmanuelewumi:


If the fund is up to N5 million, buy FG bond in the secondary market through Stanbic IBTC. You should be able to get 10%

Are bonds as safe as Treasury bills??

kristien4:
Are bonds as safe as Treasury bills??

yes safe as long as u invested it in Naira

ukay2:


Yes Sir

Oga Ahiboilandgas, just ask for the platinum support team in the stanbic ibtc bank.

They will help you buy FGN Bonds

ok thanks am grateful

kristien4:
Are bonds as safe as Treasury bills??

Very liquid and secured. FG is your debtor