lowkey28:


It's time to pack off.

Seriously,these rates are quite discouraging....!!
My heavy funds are Maturing by july-upwards...
Is there any hope that the rates will mutate higher by then.?
I don't really like these Federal Government Bond....or MMF despite the higher rates......TREASURY BILLS pays interest upfront.

ImperialCovfefe:
02/05/2018

I just hope my 364 days bid is successful this time.....Very discouraging rates.

ahiboilandgas:
everything done scatter guess it time to buy truck or bond

Bros na to buy Iveco ooo.
I guess the banks have what they wanted now.
FD rates are at par with TBills now.

jidobaba:
Bros na to buy Iveco ooo.
I guess the banks have what they wanted now.
FD rates are at par with TBills now.

yes oooh

zinaunreal:


I used to pray for 100k. Now i got millions. Nothing is impossible

that is it my brother, I was doing with small money before buy today I can look back and thank God in this hard economy, I am proposing more than 1m so with focus, good strategies and right investment, the sky is the starting point. just got out of NSE to keep safe in tb as the election is approaching and tb can equally fetch me .5m so just be focus 10m is too small in what your tb investment will be. I was taking dividend of 2,000 and 1,500 b4 buy now net dividend of 460k. tb interest of 14k b4 but now about .5m so just be focus and b4 u know it u are there.

Gavrelino123:

Seriously,these rates are quite discouraging....!!
My heavy funds are Maturing by july-upwards...
Is there any hope that the rates will mutate higher by then.?
I don't really like these Federal Government Bond....or MMF despite the higher rates......TREASURY BILLS pays interest upfront.

Only Tbills pays interest upfront if I'm right.

zamirikpo:


Ha. @jejebaba today today.......bros chill ooh. Na from tomorrow or Friday sef. Remember yesterday was public
Holiday.
Then someone should halt this TB rates ooh.....10% minimum abeg.

I think the govt want to discourage this treasury bills in order for ppl to invest into real sector

lowkey28:

Only Tbills pays interest upfront if I'm right.

yes and not only that,most secured

yak:
I think the govt want to discourage this treasury bills in order for ppl to invest into real sector

Abeg o bros, be speaking positive eh. Shuo!

zamirikpo:


Ha. @jejebaba today today.......bros chill ooh. Na from tomorrow or Friday sef. Remember yesterday was public
Holiday.
Then someone should halt this TB rates ooh.....10% minimum abeg.

No vex my oga, my BP dey high since i saw the tenor rates as i no wan hear failed bids this time from FBNH ooo.

sorry to deviate this thread a little.( Does anyone here know FBN lending rates.?

Jejebaba:


No vex my oga, my BP dey high since i saw the tenor rates as i no wan hear failed bids this time from FBNH ooo.

Lol,it will definitely be today.......I also suscribed for 364 days ,I'm also expecting my debit notice this evening.
I just pray 364 days bid sails through.

Banks are trying to take advantage of the slope of the rates to increase their placement. If you prefer that option you can check various banks, i heard skye is offering as high as 14-16% on 2-10 million. Please this is only for information purpose.

spenca:
Banks are trying to take advantage of the slope of the rates to increase their placement. If you prefer that option you can check various banks, i heard skye is offering as high as 14-16% on 2-10 million. Please this is only for information purpose.

! On the Secondary market?

Bad news for myself and all other guys that requested TB purchase via Stanbic. Just heard from my contact with the bank, that the bank's bids for all the three available tenors failed. Back to the drawing table to start mapping out new strategies. Just wondering if there are any other options to explore apart from the secondary market?
Stanbic secondary market rates for today are equally depressing

168 days at 9.85% and 112 days at 10%

jidobaba:
! On the Secondary market?

it is not TB but placement

My account officer just called me that gtb lost their bid for 364 days. He offered me an option from the secondary market for 315 days at 10.5% which i took instantly. I just want that money to disappear

spenca:
Banks are trying to take advantage of the slope of the rates to increase their placement. If you prefer that option you can check various banks, i heard skye is offering as high as 14-16% on 2-10 million. Please this is only for information purpose.

Which one is placement again. Please throw more light.. The 14-16% seems

I heard that CBN indicated that there will be another bid next week (May 10th). The Q2 calendar did not have anytime scheduled until May 17th. Can anyone confirm that there will be an issuance next week and any additional details regarding that?

zinaunreal:
My account officer just called me that gtb lost their bid for 364 days. He offered me an option from the secondary market for 315 days at 10.5% which i took instantly. I just want that money to disappear

Offered 10.5 @ 364 dys ...No get choice

zinaunreal:


I used to pray for 100k. Now i got millions. Nothing is impossible

come borrow me 100k for 364days @20%... more better than the treasury bills

lowkey28:


Which one is placement again. Please throw more light.. The 14-16% seems

bank placement (Fixed deposit) i mean

lancee:




Offered 10.5 @ 364 dys ...No get choice

kindly ,is it Primary Market.?
I haven't been debited.
Please my 364days bid shouldn't fail this time.!!

House, any update from FBNH?

katamo:
I heard that CBN indicated that there will be another bid next week (May 10th). The Q2 calendar did not have anytime scheduled until May 17th. Can anyone confirm that there will be an issuance next week and any additional details regarding that?

I was told same at GTBank today so i already gave instructions for the bid.

spenca:


bank placement (Fixed deposit) i mean

There's no upfront payment for that one... We need upfront payment.

lowkey28:


There's no upfront payment for that one... We need upfront payment.

Maintain the relationship with your Tbills sir/ma

zinaunreal:
My account officer just called me that gtb lost their bid for 364 days. He offered me an option from the secondary market for 315 days at 10.5% which i took instantly. I just want that money to disappear

Bros,have you been debited on this effect(Secondary Market)..?

Gavrelino123:

Bros,have you been debited on this effect(Secondary Market)..?

Not yet

zinaunreal:


Not yet

Ok....Kindly keep me posted once you are debited....I want that money out of my account latest tomorrow on the longest tenor closest to 364 days..
I will visit my bank tomorrow.
Thanks

[quote author=Gavrelino123 post=67246198]
kindly ,is it Primary Market.?
I haven't been debited.
Please my 364days bid shouldn't fail this time.!![/quotes


Not sure. ..wonder why 364 days at secondary Auction