Phyde:
Good evening all, I still have about 273k TB upfront interest with Stanbic credited last week thursday. Can I still invest 150k from it on the next auction date?
Thanks.

lancee:



Will check by the end of the day if account debited if not will tranfer it to first bank ..also the online treasury acct

emmanuelewumi:


You can trade below N50 million in the primary market. I bought N1.5 million in the last primary market through first bank.

All the first bank branches in Lagos island will even accept 100k for primary market.

Capital247:


Bros you can not trade below 50M in the primary market .
Please check your facts right

Capital247:


Bros you can not trade below 50M in the primary market .
Please check your facts right

chyima:


stop with the wrong information,you can actually get tb for as low as 100K,branches are the only one discouraging it because it doesn't yield high profit for the branch hence they encourage fixed deposit instead,but visting a branch close where high net worth customer reside and where knowledgeable people reside you can't be denied cos they know this people have the information

Capital247:


Madam this is a professionals thread, so stop attack and present your fact.


In the Money market, there is primary and secondary market. What you get in the secondary market is resale of product/instrument bought in the primary market, in which the rates offered are varies....
Please research further

GODAKPAN:


u can trade. banks get money and group them and trade on your behalf. on the form of first bank it is clearly stated so indicate which market you want. I did 2m on primary market.

GODAKPAN:


I wish you can tell yourself what you just told her

Capital247:


Can you please point out what is un-professional in that response.

Gavrelino123:

Good evening...
Any updates.?

Capital247:


Madam this is a professionals thread, so stop attack and present your fact.


In the Money market, there is primary and secondary market. What you get in the secondary market is resale of product/instrument bought in the primary market, in which the rates offered are varies....
Please research further

GODAKPAN:


I wish you can tell yourself what you just told her

Partnerbiz3:


What do you mean by compound daily?

Capital247:


Madam this is a professionals thread, so stop attack and present your fact.


In the Money market, there is primary and secondary market. What you get in the secondary market is resale of product/instrument bought in the primary market, in which the rates offered are varies....
Please research further

lancee:




Have been debited sir ..but yet to reflect amongst the old t-bills account

Capital247:


Madam this is a professionals thread, so stop attack and present your fact.


In the Money market, there is primary and secondary market. What you get in the secondary market is resale of product/instrument bought in the primary market, in which the rates offered are varies....
Please research further

Capital247:


Bros you can not trade below 50M in the primary market .
Please check your facts right

Fratello:


Thank you. I understand.
I um... I planned on visiting another branch of First Bank in my area for the TB investment. As a newbie, I'm faced with how to go about it without appearing too "jjc-like" to the officer. And also I'll like to know what and what I'll likely fill or take with me.

I just need your knowledgeable direction or more. Thanks.

Capital247:


Bros you can not trade below 50M in the primary market .
Please check your facts right

Capital247:


Bros you can not trade below 50M in the primary market .
Please check your facts right

emmanuelewumi:


Be humble and prepare to learn.

NL1960:


No mind the guy. People have been posting rates they got in the last auction. I wonder if he thought everybody did 50m.

I did with GTB in last week primary market auction and the amount i did was less than 50m. I just simply wrote a letter stating the amount and tenor, sent it to my branch and it was done for a rate of 18.1%. Na the upfront interest i wan take pay my pikin school fees today self.

RealityShot:
Everyday interest is added to your total fund.

the next day, the previous day's total is used to calculate interest at the day's rate.

and so on..

please any further questions should be asked on the mutual funds thread.

Thank you

TONY56:



Just get into the bank and ask for the officer in charge on Treasury Bills.

If it's the Primary market you want to invest in, tell him to give you the form for investment in Treasury Bills for the next aution.

You will fill in your account number, the date of the auction you want to invest in, the amount you want to invest (this must be in your first bank account already), the tenor you want ((either 91days, 182days or 364days tenor) & indicate or thick if you want your upfront interest to be re-invested or not.

Then sign at the appropriate place with date and hand the firm back to the officer.

CHIKENA!!!

Gavrelino123:

Good morning
Have you checked if it's reflecting on your Treasury Bills online banking Account..?
I'm worried because mine is not still reflecting only my old investments maturing next month is there..

ihedioramma:
Please give me the mutual funds thread wibsite ?

NL1960:


No mind the guy. People have been posting rates they got in the last auction. I wonder if he thought everybody did 50m.

I did with GTB in last week primary market auction and the amount i did was less than 50m. I just simply wrote a letter stating the amount and tenor, sent it to my branch and it was done for a rate of 18.1%. Na the upfront interest i wan take pay my pikin school fees today self.

Gavrelino123:

Good morning..
Mine still hasn't shown...,what do you think should be the next step..?
I'm thinking of giving them the latest grace of today.... !
What is your take on this.?