Yungbitz:

Does Stanbic bank offer certificate for treasury bills bought from them?

bablowizad:
Yes Ajao estate branch.

Comeandcollect:
It is best to outline and forecast your spending in the next 12 months and decide if you are willing to do long term or short term investment.

There are serious pros and cons with both Investments, it may discourage investors if elaborated. The ultimate still remains "safe investment" which Treasury bills offer.

Try and avoid terminating TBills before maturity and leaving funds idle in your account with your bank.

ezeonlinebiz:


I was equally told the same thing. I just vex enter secondary market for 100 days for 17.5%. At least E better pass primary market rate. I no fit wait for their yeye wahala.

slendxy:


Please elaborate, I want to be well educated on this.

RealityShot:

the notes in the thread link below is the reason Nigerian Treasury bills remain the safest investment in Nigeria.

NIGERIA IS VERY RICH!
Remember, the LANISTERS always pay their debts.

https://www.nairaland.com/3875739/nnpc-completes-payment-n450-billion

meetchandus:


Please what bank did you get this offer from.17.5% for 100 days is a very good one.Usually I go with the primary market and get lesser rates.Please advise which bank is best for secondary market and the process involved.I have been stuck with Zenith bank primary market.Thanks

Yungbitz:

Does Stanbic bank offer certificate for treasury bills bought from them?

gogedda:
I applied to buy Tbills through Ecobank since Monday (19th of June) @16.8% for 182days from the secondary market.. The lady added a postage stamp, up till this moment I am yet to be debited, I went there and she said it could take a week to be debited. Pls house is it the normal procedure, I thought you are supposed to be debited very fast since it is a secondary market.. Is it always like this?

gogedda:
I applied to buy Tbills through Ecobank since Monday (19th of June) @16.8% for 182days from the secondary market.. The lady added a postage stamp, up till this moment I am yet to be debited, I went there and she said it could take a week to be debited. Pls house is it the normal procedure, I thought you are supposed to be debited very fast since it is a secondary market.. Is it always like this?

deepwater:
I learnt there won't be auction for primary market till 5th July.

gogedda:
I applied to buy Tbills through Ecobank since Monday (19th of June) @16.8% for 182days from the secondary market.. The lady added a postage stamp, up till this moment I am yet to be debited, I went there and she said it could take a week to be debited. Pls house is it the normal procedure, I thought you are supposed to be debited very fast since it is a secondary market.. Is it always like this?

WALEXYY:


I am not sure what the procedure is. But I think if you can reach them by sending a mail to ENGcontactcentre@ecobank.com they'll explain better.

feelaaG:
Good day Feelamong



Please see below the outcome of the Treasury Bills Primary Auction which held on June 22, 2017:




PRIMARY MARKET AUCTION RESULT


TENOR (DAYS) STOP RATE

91 13.4999%

182 17.5%

364 18.6499%

Uzee24:


Did this auction really hold on the 22nd? Kinda suprised U know. If it did hold then most of this banks dont know what they are doing in this whole treasury bill thing and they just made me miss it.

Uzee24:


Did this auction really hold on the 22nd? Kinda suprised U know. If it did hold then most of this banks dont know what they are doing in this whole treasury bill thing and they just made me miss it.

SOMEONE SHOULD KINDLY ANSWER THESE

bigbroda:
Hello guyz,

I'm new here and wanna do TB biz. Sorry I have some questions
1. Can someone please explain d meaning and difference(pros and cons) between primary and secondary market. I don't know anything about them.
2. I'm thinking of doing with gtb cos I bank with them. Has anyone had it bad doing such biz with d bank? What's their present rate for 90 dayz? Is it similar to other banks? Any contrary advice?
3. Do I have to go to my branch to run d deal or any branch of d bank is okay?
4. Do they(gtb) give any certificate/investment proof/document when I deal cos i really need d doc especially d TB certuficate for Canadian EE proof of fund
5. If I have d money today, can I just walk into d required branch and deal successfully before leaving d bank without much stress? What do I need to do upon having d cash?
6. Finally, I've gathered from here dat I get my account credited immediately with d interest, how do I get my capital back upon expiration of d tenor. Do I automatically get credited at d time or I need to go back to d branch to do one or two things

Sorry for d numerous questions, just trying to be sure I understand everything about it before jumping into it.

One luv!

Henryyy:
SOMEONE SHOULD KINDLY ANSWER THESE

Gazelle22:


I was reliably informed by my account officer at investment-one financial services that auction do not hold on the last week of any quarter. The government therefore usually auction it on the week before the last week of the quarter.

bigbroda:


Thanks brother! Really waiting for answers to my questionquestions o. Abeg make una helep a broda biko!

Henryyy:
SOMEONE SHOULD KINDLY ANSWER THESE

olujaidi:




How much una wan pay? Na per second billing o

Henryyy:
SOMEONE SHOULD KINDLY ANSWER THESE

alezzy13:


*off topic

How are the services of investment-one? whats their minimum for TB? checked their wbsite but could get much info there. I've been considering using one of these financial houses and trying to decide between capital bank and investment1

emmanuelewumi:



I met you in the bank on that day, the guy said N2.5 million was available for 360 days but within two minutes the offer available was less than 100k.