Tritri:
[b][/b]

Royal155:
I got 9% for 364 from FBN

nineville:


First bank did 364 days?? which state branch is that?
surprised, this is d first time I will hear that.
they often do period 91 days only

nineville:


First bank did 364 days?? which state branch is that?
surprised, this is d first time I will hear that.
they often do period 91 days only

Royal155:
Hmmm! So in the treasury bills form you filled you didn't see 91days, 186days and 364days?
Well in Onitsha here, i have been investing in t.bill for long now and it's always on 364 days period.
Though they had problem with 364days in the last two auctions, but this last auction pull through.

Alikote:
did any bid thru gtb am yet to be debited

Royal155:
If you are yet to be debited, that means you bid didn't go through nah. Successful bids has been paid yesterday. So you have to wait till next 2 weeks.

Alikote:
I hp u are not talking of first bank cos they sell from their holdings ..was with them before

Royal155:
Whether they sell from their holdings or not, all I know is that I was given a fair rate(9%). And why would you say they sell from their holdings?

Alikote:
that what they do first bank thru their first capital,automatic roll overs at rates lower than stop rates.they credit u account with interest instead of discounted

Alikote:
did any body bid thru gtb am yet to be debited..

IHelp:


1) Inflation
2) Market Liquidity
3)
4)
5)

Alikote:
that what they do first bank thru their first capital,automatic roll overs at rates lower than stop rates.they credit u account with interest instead of discounted

poposki33:
please how did you apply through gtb

i use first bank but they don't allow one to bid for rates they only give you the rate they fill like

Alikote:
enter any gtb branch ask of investment bankingq section.lay ur request nb first bank can never lost any bid but gtb can and their is truely discounted no roll overs automatic but high rate is gotten.but first bank good if u funds is small ,so the difference is small but for big boys 10 million above try biding thrug fidelity or gtb to get discounted rate..am a ten year old veteran of tb

Daddi:
so what you're saying is first bank gives better rates especially from a million naira downwards?

Alikote:
enter any gtb branch ask of investment bankingq section.lay ur request nb first bank can never lost any bid but gtb can and their is truely discounted no roll overs automatic but high rate is gotten.but first bank good if u funds is small ,so the difference is small but for big boys 10 million above try biding thrug fidelity or gtb to get discounted rate..am a ten year old veteran of tb

Alikote:
enter any gtb branch ask of investment bankingq section.lay ur request nb first bank can never lost any bid but gtb can and their is truely discounted no roll overs automatic but high rate is gotten.but first bank good if u funds is small ,so the difference is small but for big boys 10 million above try biding thrug fidelity or gtb to get discounted rate..am a ten year old veteran of tb

poposki33:
please house is it possible for me to buy TBills in another auction after i have bought one before from the same bank and the same account

poposki33:
thanks for your reply but what i have to invest is 200k will it be possible with gtb

Alikote:
i never invested less than a million,so I cant say never asked ...but 200 k is small it will generate just 19 k per anum that 1500 permonth by not open a barbing salon with 200 k that can fetch you 1500 daily

Agbaletu:


Yes, you can.

Alikote:
i never invested less than a million,so I cant say never asked ...but 200 k is small it will generate just 19 k per anum that 1500 permonth by not open a barbing salon with 200 k that can fetch you 1500 daily

IHelp:


How many barbing salon do you have?

Alikote:
nope ,they usually give rate less o.5 cos they gather all ur applications and bid thru there firm first capitals and debit the whole sum and next day credit u... but other banks debit the discounted sum e.g 1 m for a year at 10 percent only 900 k plus custody fee of 900 naira will be deducted leaving 100 k but first bank go debit 1 m then credit u 93 k this next day and can do automatic rollovers even without bids from cbn.advance fixed deposite...but if u fund are small dont worry but plenty millons 0.05 percent of 10 m is 500k

TopKol:
when is the next treasury bill auction?