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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4644949 Views)
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 Rizin: 11:41am On Mar 21, 2017 |
unite4real: please educate us how your coupon paid those with left over. Did they pay you upfront? or your landlord and the schools waited for maturity. |
Re: Treasury Bills In Nigeria by unite4real: 11:59am On Mar 21, 2017 |
Rizin: Bros, Feb2020 FGN Bond coupon payment is 15.54%, locked down till 2020. Coupons are paid in February and August every year since the year 2015. N8 million naira bond gives me a total of N1,243,200 as annual interest. Interest is paid twice ie February coupon is N621,600. August Coupon is N621,600. My house rent is 600K and its paid in September annually. Child skool fees for the year is not over 300K. The difference goes back into Treasury Bills with other incomes. By February 2020, my N8 million will be credited back to me with the last coupon payment of N621,600. (Bullet payment) note that the N8 million naira was an aggregate of different TBills i have bought over the years which i locked down for a long term bond. This is one of more. 17 Likes 6 Shares |
Re: Treasury Bills In Nigeria by Ojix85: 12:55pm On Mar 21, 2017 |
unite4real: But chief, you get mind o. Locking down that amount for 5 yrs? I believe your financial plan is solid though and yielding fruits. Bless. |
Re: Treasury Bills In Nigeria by feelamong(m): 1:55pm On Mar 21, 2017 |
unite4real: Excellent move... exactly how to play the Bond Investments..very good for some targeted expenses..while allowing you to use your present operational cashflow for some other investments.. Been using my Bond investments coupons for the past 3 years for sch fees settlements 1 Like |
Re: Treasury Bills In Nigeria by unite4real: 2:36pm On Mar 21, 2017 |
The central bank of Nigeria at the end of its just concluded MPC meeting, has retained MPR at 14%. CRR remained unchanged as well 1 Like |
Re: Treasury Bills In Nigeria by Rizin: 2:38pm On Mar 21, 2017 |
unite4real: This is the reason i said before that your type work with gtb and not firstbank. At gtb u are advised to invest everything that is available. Finally the school and house rent has to wait till maturity. I love your spirit. 2 Likes |
Re: Treasury Bills In Nigeria by ihedioramma: 2:52pm On Mar 21, 2017 |
Rizin:Read the post back well . 1 Like |
Re: Treasury Bills In Nigeria by ihedioramma: 3:02pm On Mar 21, 2017 |
unite4real:Thank's . but is TB not paying more than this? 1 Like |
Re: Treasury Bills In Nigeria by elpiro: 3:07pm On Mar 21, 2017 |
ihedioramma: As at 2015, the tbills rate was lower than 15.5%, the recent inflation only made NTB more attractive. Just my thought though 1 Like |
Re: Treasury Bills In Nigeria by unite4real: 3:14pm On Mar 21, 2017 |
ihedioramma: Presently, TB is paying more so i do TB now but when i bought the Bond, it was in 2015 and TB was not doing better. Again, TB fluctuates alot. Remember that last year January and February, TB was as low as 10/11%. Its just for one to understand the economics dynamics per period. Treasury bills going for 18% presently does not mean that it will remain same. This period will go down in history as peak period even though it has happened in the past but not for an extensive period like this one. It wont be surprising to see TB going to as low as 10 to 11% in 12 months time. With Bond, you simply get a steady coupon payment for the duration. TB and Bond are equally good, only that you need to study the economic indices so as to know which of them will be appetizing per time. Jollof rice and white rice good but when i go to party, i like to eat jollof rice because i no want make stew mistakenly pour my shirt if i eat white rice and stew. If i sit down for house, i like hot white rice and stew anyday. 8 Likes |
Re: Treasury Bills In Nigeria by ihedioramma: 3:59pm On Mar 21, 2017 |
elpiro:OK . |
Re: Treasury Bills In Nigeria by ihedioramma: 4:02pm On Mar 21, 2017 |
@unite4real, is like you are a teacher . i understand you but can't FGN BOND go up or down ? |
Re: Treasury Bills In Nigeria by Houstency(m): 4:32pm On Mar 21, 2017 |
ihedioramma: You didn't read his last post well... See the part that answers your question. With Bond, you simply get a steady coupon payment for the duration. TB and Bond are equally good, only that you need to study the economic indices so as to know which of them will be appetizing per time. In essence, it doesn't fluctuate like Tbills. It is fixed. Regards. 3 Likes |
Re: Treasury Bills In Nigeria by logoscope(m): 5:05pm On Mar 21, 2017 |
I quit TB. TB is for the big boys. I've started a business already. |
Re: Treasury Bills In Nigeria by ihedioramma: 5:15pm On Mar 21, 2017 |
Houstency:Thank's . can i fixe for two years ? |
Re: Treasury Bills In Nigeria by PeterKbaba: 6:22pm On Mar 21, 2017 |
[b]Please can anyone please give me an update. I bank with GTBank and I will like to invest |
Re: Treasury Bills In Nigeria by dejiotus: 6:53pm On Mar 21, 2017 |
PeterKbaba: |
Re: Treasury Bills In Nigeria by yomi007k(m): 6:53pm On Mar 21, 2017 |
unite4real: U must be related to Condoleeza Rice. 2 Likes |
Re: Treasury Bills In Nigeria by dejiotus: 7:03pm On Mar 21, 2017 |
Please can anyone please give me an update. I bank with GTBank and I will like to invest 5 Million in Treasury Bills. My Question: When next is the auction date? Is it possible to invest my 5 million or it must only be 50 Million and above? Did anyone from GTBank invest less the 50 Million in the last auction and it went through? Please update needed as soon as possible. Thanks There is TB auction tomorrow. Since we, small guys, with less than 50M are unable to bid directly in the primary market, you can send an urgent request to your account officer immediately. The expectation is that GT could add your 5M to the amount the bank intends to bid for tomorrow, and sell to you in the secondary market with a small margin. Please be aware we are at the mercy of the banks now, and we only have to hope the banks will be considerate with the % margin the banks will deduct from the their successful bidding rate |
Re: Treasury Bills In Nigeria by zamirikpo(m): 9:30am On Mar 22, 2017 |
unite4real: chai....thank GOD....i was getting worried about rates dropping because of d drop in inflation . How i wish TB could be looked down like bonds.....i for lock my funds down at 18% for 10yrs..... |
Re: Treasury Bills In Nigeria by unite4real: 9:38am On Mar 22, 2017 |
zamirikpo: sharp guy. LOL |
Re: Treasury Bills In Nigeria by feelamong(m): 9:51am On Mar 22, 2017 |
zamirikpo: while some of us are locking down our funds on Bitcoins Trading/Investment and getting between 17 -25% monthly returns 2 Likes |
Re: Treasury Bills In Nigeria by 1wolex85: 11:00am On Mar 22, 2017 |
feelamong: This is the way forward o! my Nigerian bitcoin investment is also giving me rates in that realm but na small money I put, I no get mind, the risk dey high 2 Likes |
Re: Treasury Bills In Nigeria by unite4real: 5:17pm On Mar 22, 2017 |
See evidence that the FGN Savings bond cannot command much patronage due to the rate.
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Re: Treasury Bills In Nigeria by NL1960: 5:36pm On Mar 22, 2017 |
unite4real: Before nko. Why should i tie down my funds at 13.01 for 2 years when i can get TB at close to 17% for one year at secondary market. 1 Like |
Re: Treasury Bills In Nigeria by zamirikpo(m): 6:15pm On Mar 22, 2017 |
feelamong: anything with above 5% risk of losing money is a no go area for me. I sleep sound eevry night knowing my TB investment is surely sure. i will leave bitcoins for those who have the balls. but becareful....ooh. MMM came with a mouth watery 30% monthly...though i trust ur business instinct @feelamong. 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by zamirikpo(m): 6:29pm On Mar 22, 2017 |
1wolex85: I wont take any risk with my saving.........some level of risk is acceptable in my daily business, but not on my saving....thats my fail safe.... 2 Likes |
Re: Treasury Bills In Nigeria by MyPicsSaysItall: 8:40pm On Mar 22, 2017 |
unite4real:Plz, how do I invest in FGN bonds? Is it the same procedure with TB? 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by ekunade: 12:26am On Mar 23, 2017 |
Any one with an idea on zenith bank current %. Pls post. Plsssssssss, my maturity is near |
Re: Treasury Bills In Nigeria by Lalaska(m): 10:33am On Mar 23, 2017 |
Result of yesterday's auction below 91 days - 13.55% 182 days - 17.2% 364 days - 18.69% Notice the increase in rate for 364 days. Now waiting to see what the banks offered their customers. All the best to those of us that sent in their bids. |
Re: Treasury Bills In Nigeria by bosah1(m): 10:55am On Mar 23, 2017 |
can anyone tell me how easy or difficult it is to sell their NTBs and is there a range of discount one can expect and what drives the discount. I will appreciate the information. I have a 91 tenor at 13.5% I will like to sell. Thanks |
Re: Treasury Bills In Nigeria by ihedioramma: 11:02am On Mar 23, 2017 |
Lalaska:Let us know if you get any bank's rate everybody. |
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