Learner247:


TBills is better than Mutual Fund if you know that you can afford to keep money away for reasonable amount of time. Mutual Funds managers often invest in TBills among others.

Open a FBN or STANBICIBTC account, with at least N100k you begin to invest in FGN TBills.

Please I have assumed that your proposed investment amount is at least N100k.

DFPS:
How can someone buy treasury bill from primary market and what are the requirements. Thanks

pat077:
I have a Stanbic ibtc account, can I do this on their mobile app or I must visit the bank?

Rizin:
Please house. When is the next date for TB

juniorrate:
365days stop rate 13.05%

yungestmoney:
Hello everyone
How can I check for my sukkuk bond subscription?
I subscribed through FBNQuest & this is my first attempt with Bond.
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Tobex4realTobex234:


I love your patriotic optimism, but there's only a handful of sectors today that thinking local would work for, because we are an import dependent nation.

We don talk am for here before, prioritize USD but una no they hear. You can't be more patriotic than the government, the FGN holds dollars, delegates collect their settlement in dollars, even banks they give customers money to receive dollars to their account.

Instead of hating the dollar, see yourself as a global citizen. Flights of just $1k go soon be 1m naira. But it's easier for me see the cost as $1k than 1m naira.

We are investors and we should be able to maximize our returns within ethical parameters. USD instruments fit nicely into that, I don't get why it's detested so much on this forum.

freeman67:


If you subscribe now you will get the first rent in June and the second in December 2023.

Rizin:


Most bid will fail because the rate has dropped.

YoungLionken:


Hello bro, instead of going through the stress of opening a dorm account, why not buy and hold in binance??.

Foodempire:


Having subscribed to sukuk I'm yet to receive any confirmation email as regards the investment. How do one check if it's successful? I invested through fbnquest with my CSCS on the form, thanks.

freeman67:


Just look for the e-mail/contact details of the medium through which you subscribed.
Mail/call and remind them. Sometimes it happens like that. They may not inform you when successful.

Wapgod:

This is a really bad advice(Not your keys, Not your crypto).
Let's not deviate from the topic of this thread.

RayRay06677:
Please confirm Stanbic 364 days was successful at last auction, 7th

Segun889:
Sorry, I do not think it was except I’m speaking too soon�

amordi:
It wasn't successful. I don't know what is wrong with this Stanbic for some time now.

exclusiveoloori:


I'm also in the same boat with stanbic ibtc. moved from FBN to stanbic because of similar issue. Can anyone suggest a reliable bank or investment firm one can use ?

Rizin:

Try Gt bank. Mine with them was successful.

Note that they don't send certificate unless u request for it.
But you can always place request to invest via email.

bjtinz:


Na wa o! When I was expecting rates to further climb, e come drop.

Wapgod:

Gtbank will give you certificate if you invest with them physically.

Gavrelino123:


Can they send the certificate via email?

Rizin:

Try Gt bank. Mine with them was successful.

Note that they don't send certificate unless u request for it.
But you can always place request to invest via email.

Wapgod:


I don't know.
I don't recommend GTbank for TB investments.
They use an outside company for customers TB investments which is kinda strange.
The customer should only be dealing with GTbank and the federal government of Nigeria.

Wapgod:


I don't know.
I don't recommend GTbank for TB investments.
They use an outside company for customers TB investments which is kinda strange.
The customer should only be dealing with GTbank and the federal government of Nigeria.

freeman67:


I do not understand what you mean by 'GT use an outside company for TB investment'. It's been a while I have done it with them, so I wouldn't know what the norm is now.

However, there is a party more to TB than just the bank and FGN. There is also a custodian.
'A custodian bank is a financial institution that holds customers' securities for safekeeping to prevent them from being stolen or lost. The custodian may hold stocks, bonds, or other assets in electronic or physical form on behalf of its customers.

If you have a proof of investment or Certificate for any TB done, just check through the charges. You will see custody fee of 0.1 % per transaction.

Some banks have custodian subsidiaries, others don't. Also, an investor can decide to choose his/her own custodian other than the one choosen for him/her by the bank.

Wapgod:

Yeah, That's what i meant, they use a custodian company that i don't know if it is their subsidiary.

Rizin:

Try Gt bank. Mine with them was successful.

Note that they don't send certificate unless u request for it.
But you can always place request to invest via email.