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Treasury Bills In Nigeria - Investment (255) - Nairaland

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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

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Re: Treasury Bills In Nigeria by Sylverly(m): 1:59pm On Feb 02, 2017
Waiting patiently for zenith, 18.5%
Re: Treasury Bills In Nigeria by ozymes: 2:01pm On Feb 02, 2017
feelamong:


Dear Feelamong

Please find below the Stop rates for the last Auction February 1 2017

91 days -----13.79%

182 days ----17.249%

364 days -----18.54%

Thank you. Please when is the next bidding date?
Re: Treasury Bills In Nigeria by ozymes: 2:03pm On Feb 02, 2017
Winneygirl:
CBN stop rates.
.
91days-13.7990%
.
182days-17.2491%
.
364days-18.5400%
@Winneygirl, when is the next Auction date please?
Re: Treasury Bills In Nigeria by Ojix85: 2:27pm On Feb 02, 2017
GetPosted:
Any idea of GTB's bidding rates please? (especially for the 364-day tenor)

I was going to ask the same question. My bid failed with GT. Im currently shopping for another bank as we speak.
Re: Treasury Bills In Nigeria by GetPosted: 2:35pm On Feb 02, 2017
Ojix85:


I was going to ask the same question. My bid failed with GT. Im currently shopping for another bank as we speak.

Did you specify your rate to the bank?

1 Like

Re: Treasury Bills In Nigeria by NL1960: 2:42pm On Feb 02, 2017
Ojix85:


I was going to ask the same question. My bid failed with GT. Im currently shopping for another bank as we speak.


Any reason why it failed because iam planning to jump into the Treasury bills train as a first time entrant on Treasury bills with them in the next auction.
Re: Treasury Bills In Nigeria by Nobody: 3:20pm On Feb 02, 2017
Houstency:


Thanks Boss. With the dwindling TB rates for 364days(18.54) and inflation rate at 18.55, are we really making any profits?

And anyone with any other useful secured investment vehicle that offers higher than inflation rates?
THE real rate is around 22 cos your interest is paid upfront which you can reinvest also hence you have made money in real terms 4 percent and inflation might come down since crude oil is raising with the iran missile test and trump warning and reduced drilling in usa..nb is the confuse set of people think outside the box ooooh

1 Like

Re: Treasury Bills In Nigeria by Lalaska(m): 3:21pm On Feb 02, 2017
PM me

kwallet:

Pls I need an info pls!
Email
Problemsolverng-at-gmail-dot-com
Re: Treasury Bills In Nigeria by Lalaska(m): 3:23pm On Feb 02, 2017
Count 2 weeks from the last auction. It is done every 2 weeks

ozymes:
@Winneygirl, when is the next Auction date please?
Re: Treasury Bills In Nigeria by Ojix85: 3:33pm On Feb 02, 2017
GetPosted:

Did you specify your rate to the bank?

I decided to go with the bank's rate after my previous bid failed (i quoted a rate that last one).
Re: Treasury Bills In Nigeria by Ojix85: 3:34pm On Feb 02, 2017
NL1960:


Any reason why it failed because iam planning to jump into the Treasury bills train as a first time entrant on Treasury bills with them in the next auction.

Bank's bid rate was higher than CBN's cut-off rate.
Re: Treasury Bills In Nigeria by olujaidi: 4:01pm On Feb 02, 2017
Houstency:


Thanks Boss. With the dwindling TB rates for 364days(18.54) and inflation rate at 18.55, are we really making any profits?

And anyone with any other useful secured investment vehicle that offers higher than inflation rates?

Effective yield is around 22%. That's an after inflation return of more than 3%

1 Like

Re: Treasury Bills In Nigeria by Houstency(m): 4:22pm On Feb 02, 2017
Thanks Sirs @Alikote @Olujaidi
Re: Treasury Bills In Nigeria by Winneygirl(f): 4:38pm On Feb 02, 2017
ozymes:
@Winneygirl, when is the next Auction date please?
.
The next auction date is 15th February, 2017
Re: Treasury Bills In Nigeria by Nobody: 4:42pm On Feb 02, 2017
Ojix85:


Bank's bid rate was higher than CBN's cut-off rate.

did u call the bank ?cos last bid my 365 didnt fly and this week am yet to be debited may be it time to change Gtb
Re: Treasury Bills In Nigeria by Ojix85: 5:05pm On Feb 02, 2017
Alikote:
did u call the bank ?cos last bid my 365 didnt fly and this week am yet to be debited may be it time to change Gtb

I sent them an unfriendly email.
I am totally not pleased with them.

Do you have any other banks in mind?
Re: Treasury Bills In Nigeria by ozymes: 5:10pm On Feb 02, 2017
Winneygirl:

.
The next auction date is 15th February, 2017
Gracias
Re: Treasury Bills In Nigeria by Agbaletu: 5:35pm On Feb 02, 2017
Agbaletu:

18.4% at last.

It was successful.
Re: Treasury Bills In Nigeria by IHelp: 6:44pm On Feb 02, 2017
Yet to be debited by Gtb (I went with the banks rate) 364days

For FCMB I went with my own rate 18.45 account has been debited.
Re: Treasury Bills In Nigeria by Sylverly(m): 7:13pm On Feb 02, 2017
Pls has anyone been debited by zenith
Re: Treasury Bills In Nigeria by Agbaletu: 7:14pm On Feb 02, 2017
Sylverly:
Pls has anyone been debited by zenith
Yes
Re: Treasury Bills In Nigeria by Sylverly(m): 7:46pm On Feb 02, 2017
Agbaletu:

Yes
still haven't been debited. Went for 18.5% which I'm sure was successful
Re: Treasury Bills In Nigeria by Sylverly(m): 7:48pm On Feb 02, 2017
Agbaletu:

Yes
went for 18.5% which I'm sure was successful, yet no massage
Re: Treasury Bills In Nigeria by Agbaletu: 7:52pm On Feb 02, 2017
Sylverly:
went for 18.5% which I'm sure was successful, yet no massage
Your bid should be successful. I got debit and credit alerts around 5:00pm. Try and check your bank tomorrow.
I went for 18.4%
Re: Treasury Bills In Nigeria by Sylverly(m): 8:04pm On Feb 02, 2017
Agbaletu:

Your bid should be successful. I got debit and credit alerts around 5:00pm. Try and check your bank tomorrow.
I went for 18.4%
I think I hv to contact the accnt officer.
Re: Treasury Bills In Nigeria by IHelp: 8:20pm On Feb 02, 2017
IHelp:
Yet to be debited by Gtb (I went with the banks rate) 364days

For FCMB I went with my own rate 18.45 account has been debited.


Gtb debited @17.95 (365days)
This is not fair
Re: Treasury Bills In Nigeria by aumoria(m): 8:26pm On Feb 02, 2017
ozymes:
They will liquidate if your bid was successful. This should be done tomorrow.[color=#000099][/color]
.
Thanks
Re: Treasury Bills In Nigeria by zamirikpo(m): 8:48pm On Feb 02, 2017
just got debited by skyebank.....@18.50%


very nice, thanks guyz
Re: Treasury Bills In Nigeria by Agbaletu: 8:53pm On Feb 02, 2017
zamirikpo:
just got debited by skyebank.....@18.50%


very nice, thanks guyz

Don't forget to pay your 10% tithe here, it is for the elders in council.
Re: Treasury Bills In Nigeria by vazsily(m): 9:02pm On Feb 02, 2017
Got three diff debt 4rm GTB, but my interest upfront was not credited. Am I alone on this. Second my request was for 1.5M, they deducted only 1.2M
Re: Treasury Bills In Nigeria by chyima(f): 9:25pm On Feb 02, 2017
vazsily:
Got three diff debt 4rm GTB, but my interest upfront was not credited. Am I alone on this. Second my request was for 1.5M, they deducted only 1.2M
The 300,000 outstanding not debited is your interest that y it wasn't debited at the expiration of d investment,you will be credited with 1.5m
Re: Treasury Bills In Nigeria by vazsily(m): 9:55pm On Feb 02, 2017
chyima:

The 300,000 outstanding not debited is your interest that y it wasn't debited at the expiration of d investment,you will be credited with 1.5m
How possible is such interest for only 182 tenure?

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