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Treasury Bills In Nigeria - Investment (581) - 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 Mfunkynation(m): 9:11am On Sep 29, 2018
AmbFitsaint:
I am feeling very terrible having wasted money since the beginning of this year.

I made quite some amount from cryptocurrency via bounties

I wished I had invested them instead of keeping them in my account and spending them recklessly.

Now, I am in for TB and would like any recommendation on the bank with a good interest to start with.

Thanks

Stanbic or First bank
Re: Treasury Bills In Nigeria by Nobody: 10:22am On Sep 29, 2018
Monday is strike plus public holiday, will Tuesday be too late for Wednesday bidding
Re: Treasury Bills In Nigeria by zamirikpo(m): 11:49am On Sep 29, 2018
Barrytone:
Monday is strike plus public holiday, will Tuesday be too late for Wednesday bidding

That's a valid observation.
Re: Treasury Bills In Nigeria by dipoolowoo: 2:56pm On Sep 29, 2018
Re: Treasury Bills In Nigeria by dipoolowoo: 3:05pm On Sep 29, 2018
No, it is mainly the interest rate charged on short-term loans between banks

Nnamz:


So this lending rate, is it like you lending money to your friend or someone and charging them 19%?
Re: Treasury Bills In Nigeria by Jabo1000: 5:45am On Sep 30, 2018
Guys please how do you bid for primary market, i saw in the form you have to set your own rate or allow your bank to bid for you which is better?
And what’s the rate of FGN bond and max is 50M, Must you have a cscs and CHN account to use FGN bond and can it be open by bank without been present there.
Re: Treasury Bills In Nigeria by Nobody: 7:38am On Sep 30, 2018
Jabo1000:
Guys please how do you bid for primary market, i saw in the form you have to set your own rate or allow your bank to bid for you which is better?
And what’s the rate of FGN bond and max is 50M, Must you have a cscs and CHN account to use FGN bond and can it be open by bank without been present there.
stockbrocker…

https://www.nairaland.com/3658395/fgn-savings-bond/3
Re: Treasury Bills In Nigeria by Jabo1000: 7:51am On Sep 30, 2018
Guys please how do you bid for primary market, i saw in the form you have to set your own rate or allow your bank to bid for you which is better?
Re: Treasury Bills In Nigeria by Jabo1000: 7:51am On Sep 30, 2018

1 Like

Re: Treasury Bills In Nigeria by Nobody: 8:46am On Sep 30, 2018
Jabo1000:
Guys please how do you bid for primary market, i saw in the form you have to set your own rate or allow your bank to bid for you which is better?
You can only set your own rate if you have 50 million naira and above .

1 Like

Re: Treasury Bills In Nigeria by Jabo1000: 8:47am On Sep 30, 2018
4601CE:

You can only set your own rate if you have 50 million naira and above .
That’s what I’m saying, how much is a good rate to set so that it won’t be too much and do you allow bank to bid for you?
Re: Treasury Bills In Nigeria by Nobody: 8:53am On Sep 30, 2018
Jabo1000:

That’s what I’m saying, how much is a good rate to set so that it won’t be too much and do you allow bank to bid for you?
Yes Of course . I just tell them the amount I want to invest and the tenor .
I don’t have 50 million naira .
I assume you do , you can bid at any rate you want and then wait and see if your bidding is successful or not .
You may want to use the previous rates to guess too.
Re: Treasury Bills In Nigeria by Jabo1000: 8:55am On Sep 30, 2018
4601CE:

Yes Of course . I just tell them the amount I want to invest and the tenor .
I don’t have 50 million naira .
I assume you do , you can bid at any rate you want and then wait and see if your bidding is successful or not .
You may want to use the previous rates to guess too.
Like 15% is ok?
Re: Treasury Bills In Nigeria by Nobody: 8:59am On Sep 30, 2018
Jabo1000:

Like 15% is ok?
It might fail ,and who knows ... it might be successful too. grin
The stop rate may not even b up to 15%.
Just allow the bank to bid for you my brother . They know better .
Cc: NL1960

2 Likes

Re: Treasury Bills In Nigeria by Jabo1000: 9:01am On Sep 30, 2018
4601CE:

It might fail ,and who knows ... it might be successful too. grin
The stop rate may not even b up to 15%.
Just allow the bank to bid for you my brother . They know better .
Cc: NL1960
Oh okay. So the bank will bid the primary market rate for you? Thanks.
Re: Treasury Bills In Nigeria by Nobody: 9:03am On Sep 30, 2018
Jabo1000:

Like 15% is ok?

Don't exceed the last stop rate
Re: Treasury Bills In Nigeria by Jabo1000: 9:05am On Sep 30, 2018
Barrytone:


Don't exceed the last stop rate
Please how do I check the last stop rate for the primary market.
Re: Treasury Bills In Nigeria by Nobody: 9:06am On Sep 30, 2018
Jabo1000:

Please how do I check the last stop rate for the primary market.

Read previous pages

1 Like

Re: Treasury Bills In Nigeria by Donbrig: 9:11am On Sep 30, 2018
Please, what is the maximum amout you can invest in treasury bills? I know FGN Savings bond in 50m as maximum amout to invest. Does treasury bills have such limitations?
Re: Treasury Bills In Nigeria by Nobody: 9:18am On Sep 30, 2018
Donbrig:
Please, what is the maximum amout you can invest in treasury bills? I know FGN Savings bond in 50m as maximum amout to invest. Does treasury bills have such limitations?

Max is what is on offer, you can take all alone. No fix amount is stipulated. So u can go ahead and invest your 100b naira, it's allowed

4 Likes

Re: Treasury Bills In Nigeria by Jabo1000: 9:58am On Sep 30, 2018
Pls is 15.6 the last bidding rate?
Re: Treasury Bills In Nigeria by Nobody: 10:09am On Sep 30, 2018
Awon ti United Kingdom grin

1 Like

Re: Treasury Bills In Nigeria by Zayncom: 12:32pm On Sep 30, 2018
Are you into importation from China or the US? We are the cheapest China/US shopping agent you can find anywhere, visit my signature to check out our website
Re: Treasury Bills In Nigeria by Nobody: 1:30pm On Sep 30, 2018
Zayncom:
Are you into importation from China or the US? We are the cheapest China/US shopping agent you can find anywhere, visit my signature to check out our website

How much do you charge to import treasury bills from China?

11 Likes 1 Share

Re: Treasury Bills In Nigeria by pussyMagnett: 2:02pm On Sep 30, 2018
Ehuatamuigunisi:


How much do you charge to import treasury bills from China?
cheesy cheesy

3 Likes

Re: Treasury Bills In Nigeria by Zayncom: 5:47pm On Sep 30, 2018
grin grin
Ehuatamuigunisi:


How much do you charge to import treasury bills from China?
Re: Treasury Bills In Nigeria by Donbrig: 6:52pm On Sep 30, 2018
Barrytone:


Max is what is on offer, you can take all alone. No fix amount is stipulated. So u can go ahead and invest your 100b naira, it's allowed

Thank you very much. I just had a dream few days ago that I won over 50m naira in Naijabet. I will definitely invest it in treasury bills, I just wanted to be sure first, so I won't be confused on how and where to invest my funds.

6 Likes 1 Share

Re: Treasury Bills In Nigeria by lgboks(m): 9:16pm On Sep 30, 2018
Barrytone:


The app is more like fix deposit with higher rates. But is good for offshore investors, rather than tie down money, u get interest while you wait. I just got my money back and ready for next primary market. Made about 98k for the waiting period. Better than 4% savings interest.
You make use of I-invest? How much did you invest and what was the interest like, how many days?.
Already downloaded the app but am yet to invest

1 Like

Re: Treasury Bills In Nigeria by Agbaletu: 9:37pm On Sep 30, 2018
Donbrig:


Thank you very much. I just had a dream few days ago that I won over 50m naira in Naijabet. I will definitely invest it in treasury bills, I just wanted to be sure first, so I won't be confused on how and where to invest my funds.
Lol
Re: Treasury Bills In Nigeria by Nobody: 9:41pm On Sep 30, 2018
Ehuatamuigunisi:


How much do you charge to import treasury bills from China?
Lmao

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 9:43pm On Sep 30, 2018
Donbrig:


Thank you very much. I just had a dream few days ago that I won over 50m naira in Naijabet. I will definitely invest it in treasury bills, I just wanted to be sure first, so I won't be confused on how and where to invest my funds.
Sharp guy.
I saw what you did there cheesy

2 Likes

Re: Treasury Bills In Nigeria by lgboks(m): 6:23am On Oct 01, 2018
Learn about treasury bills here Olakunle007

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