mekaboy:


I think the rates will go up as soon as the 2016 budget is ready, you know the govt has past its borrowing limits for 2015 and they r still borrowing. When its time to borrow for 2016, the rates will be more attractive.

mekaboy:


cbn stop rate for 364 is 10.81? i thought it was 12%.

When was this auction?

feelamong:


21ST OCT AUCTION

91 DAYS ---8.49%

182 DAYS ---10.15%

364 DAYS ---10.81%

feelamong:


i think this govt is sending some serious message to us all...we all should go and do some real businesses and get productive. seems the days for easy easy money is gradually coming to an end (if its sustainable)

maybe na to go begin farm now

on a serious note, its time to start looking at taking some sort of risk in other investment vehicles

udysweet:
For the 2nd time in a month,my bank cldnt go thru wit again wit the bidding sayin it was unsuccessful and my account creditted back. Anyone else experienced it? Wat else can one invest in that can fetch one a gud profit and safe?

mekaboy:


I think the rates will go up as soon as the 2016 budget is ready, you know the govt has past its borrowing limits for 2015 and they r still borrowing. When its time to borrow for 2016, the rates will be more attractive.

quertyquack:
Unfounded optimism. The low rates suit the FG quite well. They will remain so for a while. The TSA has delivered fresh lifelines as well as leakages that have been plugged. There is so much liquidity in the market. Plus too much investor funds. Don't see it changing except crude takes a massive hit.

Daddi:
I don't state rate, just allow them to go with their prevailing rates. Like the 21st October bid I got 8% for 91days, which I'm convinced it's fair. So with that its always hard to get my bids unsuccessful. Better luck next time

udysweet:
Thanks a lot. But I actually don't state rate,I used 1st bank and its my 2nd time(3ce actually) dey did one for me in August. But dis oct 6th own ddnt sail thru but I later saw dey tried again for 15th. So its my 3rd trial wch was for 21st october dat ddnt suceed,I'm hoping der wld be anoda opportunity again b4 October runs out

tolutweety:


Same here.
I use first bank,and the their last failed.
I am keeping faith for a successful one at the next bidding.

udysweet:
Yeah I pray too. Dey refunded me,I'm hoping its this month tho

chikkaobi:
Please can someone clarify for me why people go for 1yr TBills instead of 91days tenure?
In a situation where 91days is 10%, 180days is 12% and 365 days is 14%

Why will anyone wanna go for 365 days tenure?
Or is the 10% for 91days fake?

Assuming I have 1million
Going for 91days gives me 100,000 ROI on 10% right?
Or is this wrong?

chikkaobi:
Please can someone clarify for me why people go for 1yr TBills instead of 91days tenure?
In a situation where 91days is 10%, 180days is 12% and 365 days is 14%

Why will anyone wanna go for 365 days tenure?
Or is the 10% for 91days fake?

Assuming I have 1million
Going for 91days gives me 100,000 ROI on 10% right?
Or is this wrong?

tziz:

Slow down bruh.
Divide dat 100,000 by 4, yes, the answer is wat u get for 91days tenure. 25k.
If its for 364days, goin wit ur rate (14%) den u get 140,000.
Dats it. If its for 182days, den calculate the rate and divide by 2, if its for 91days, u divide by 4.

quertyquack:
LOL! 100k for 1m in 91days. You sef check am now.

chikkaobi:

Weew... Then stanbic has given me wrong info if this is the case.
Because I was wondering why anyone will wanna go for 1yr when 91days ROI is almost same with it.
Thanks a lot for the clarification.
Waiting for a whole year for a 14% ROI on 1m?
Mehn, I think I'll just have to "Take a bow and Go trade Forex"

confluence:
@feelamong, please i send you a mail i got from fidelity securities, i want you to help scrutinize it. i await your response.

confluence:
@feelamong replied seen, i sent you another now thanks

chikkaobi:




Weew... Then stanbic has given me wrong info if this is the case.
Because I was wondering why anyone will wanna go for 1yr when 91days ROI is almost same with it.

Thanks a lot for the clarification.
Waiting for a whole year for a 14% ROI on 1m?

Mehn, I think I'll just have to "Take a bow and Go trade Forex"

chikkaobi:




Weew... Then stanbic has given me wrong info if this is the case.
Because I was wondering why anyone will wanna go for 1yr when 91days ROI is almost same with it.

Thanks a lot for the clarification.
Waiting for a whole year for a 14% ROI on 1m?

Mehn, I think I'll just have to "Take a bow and Go trade Forex"

freeman67:
Enjoy your forex and be sure that you are the one that will trade it. If it is that lucrative for you to invest 1mill and get 1.1mill for just 30 days then it would not b as risk free as T.B.. I gave a friend money N250000 for this forex at 10% monthly for and after the expiration of our agree period of 6 months, its been 2 extra months no interest and my capital hasn't come out.

freeman67:
Enjoy your forex and be sure that you are the one that will trade it. If it is that lucrative for you to invest 1mill and get 1.1mill for just 30 days then it would not b as risk free as T.B.. I gave a friend money N250000 for this forex at 10% monthly for and after the expiration of our agree period of 6 months, its been 2 extra months no interest and my capital hasn't come out.