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Treasury Bills In Nigeria - Investment (757) - 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 Mizwisdom(f): 5:13pm On Apr 15, 2019
Just2endowed2:
liquidate it and do TB, dont mind the staff. tell him if he can offer u better rate than TB, you will stick your money with GTB


Thanks
Re: Treasury Bills In Nigeria by Mizwisdom(f): 5:14pm On Apr 15, 2019
OgogoroFreak:
Get your interest first if the time is near but if it's still far, liquidate and do tbills.

Thank u
Re: Treasury Bills In Nigeria by Chekitaut: 10:52pm On Apr 15, 2019
N15,000/tons Ankpa to Lagos max payload 45tons Coal. Lot N675,000/trip 4trips per week

Contact 08055545355
Re: Treasury Bills In Nigeria by Experience4u(m): 11:31pm On Apr 15, 2019
Will there be auction for Tbills this Wednesday. What's likely rate to bid for 182 and 365 days
Re: Treasury Bills In Nigeria by Experience4u(m): 11:13am On Apr 16, 2019
No one to respond to my request
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 11:21am On Apr 16, 2019
Experience4u:
No one to respond to my request
Well, Any reply is guess work which you can also guess yourself. Use previous rates to make your own guess too or, just follow whatever the bank bid. Abi, you wan go bid for 50% come dey feel say e fit work?

6 Likes

Re: Treasury Bills In Nigeria by Phyde: 3:31pm On Apr 16, 2019
Tweetums:
I give signal on crypto with charges 1 or 3 or 6 to a year...
You give binary option signals too ?

1 Like

Re: Treasury Bills In Nigeria by Tweetums(f): 6:38pm On Apr 16, 2019
Phyde:

You give binary option signals too ?
nope... Only crypto
Re: Treasury Bills In Nigeria by yinkaoke(f): 9:59pm On Apr 16, 2019
romeoprexx:


Thank you. I'll consider doing that
My 50cent. If u convert 50percent of ur dom acct or u convert all to invest in Tbills ensure that ur upfront on TBills is converted back to dollars n saved in ur dom account until d maturity of d tbills. The idea is that the upfront being coverted back to dollars will stand as an hedge to d risk in exchange rate over d tbills until maturity. Bye n large at maturity if d exchange rate does not move against u then u gain but if otherwise f worse maybe that u will neither gain nor loose. It's a risk strategy.

4 Likes

Re: Treasury Bills In Nigeria by swilo: 10:47am On Apr 17, 2019
yinkaoke:

My 50cent. If u convert 50percent of ur dom acct or u convert all to invest in Tbills ensure that ur upfront on TBills is converted back to dollars n saved in ur dom account until d maturity of d tbills. The idea is that the upfront being coverted back to dollars will stand as an hedge to d risk in exchange rate over d tbills until maturity. Bye n large at maturity if d exchange rate does not move against u then u gain but if otherwise f worse maybe that u will neither gain nor loose. It's a risk strategy.

Awesome strategy... oremi..!

1 Like 1 Share

Re: Treasury Bills In Nigeria by Just2endowed2(m): 11:56am On Apr 17, 2019
when is the next primary market bid taking place?
Re: Treasury Bills In Nigeria by lancee(m): 1:20pm On Apr 17, 2019
Anybody with update of the pry Auction ..Thanks
Re: Treasury Bills In Nigeria by arduino: 1:30pm On Apr 17, 2019
lancee:
Anybody with update of the pry Auction ..Thanks
No update yet... FCMB and Ecobank

2 Likes

Re: Treasury Bills In Nigeria by lancee(m): 1:55pm On Apr 17, 2019
arduino:

No update yet... FCMB and Ecobank



Thanks sir
Re: Treasury Bills In Nigeria by feelamong(m): 3:50pm On Apr 17, 2019
lancee:
Anybody with update of the pry Auction ..Thanks

91 DAYS ---10.1499%

182 DAYS ---12.50%

364 DAYS ----12.74%
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:07pm On Apr 17, 2019
feelamong:


91 DAYS ---10.1499%

182 DAYS ---12.50%

364 DAYS ----12.74%
why is it going down again
Re: Treasury Bills In Nigeria by lancee(m): 4:09pm On Apr 17, 2019
feelamong:


91 DAYS ---10.1499%

182 DAYS ---12.50%

364 DAYS ----12.74%



Thanks Boss ..same same ..Can't complain I go manage am

Think 364 dys was 12.85% last auction

1 Like 1 Share

Re: Treasury Bills In Nigeria by Pascal2016: 5:51pm On Apr 17, 2019
Please who knows First Bank rate in today's TB (Primary Market)
Re: Treasury Bills In Nigeria by Experience4u(m): 7:18pm On Apr 17, 2019
Who knows that of fcmb, I chose to let them bid for me with their rate.,my first time though
Re: Treasury Bills In Nigeria by Kokobay: 8:43pm On Apr 17, 2019
hustla:
This is what the customer care guy at stanbic game me this morning

Is this calculation correct for 2.6m naira? He said it's after tax

Just use simple Interest formula (I = P*R*T)

=2600000*(10.29/100)*(91/365) = ₦66,701.75
=2600000*(12.6/100)*(182/365) = ₦163,351.23
=2600000*(12.85/100)*(364/365) = ₦333,184.66

3 Likes

Re: Treasury Bills In Nigeria by shgenius123: 8:50pm On Apr 17, 2019
Be part of this life changing program...
Call/WhatsApp on 08027362943 to know more about it. You can also follow me on https:///GREn5sUPJY3CLnQAFPENLX

1 Share

Re: Treasury Bills In Nigeria by romeoprexx: 9:51pm On Apr 17, 2019
yinkaoke:

My 50cent. If u convert 50percent of ur dom acct or u convert all to invest in Tbills ensure that ur upfront on TBills is converted back to dollars n saved in ur dom account until d maturity of d tbills. The idea is that the upfront being coverted back to dollars will stand as an hedge to d risk in exchange rate over d tbills until maturity. Bye n large at maturity if d exchange rate does not move against u then u gain but if otherwise f worse maybe that u will neither gain nor loose. It's a risk strategy.

Nice Strategy. Thank you very much
Re: Treasury Bills In Nigeria by Just2endowed2(m): 10:17pm On Apr 17, 2019
I remember asking when will the primary market date be on Friday last week and Monday , no one reply me, .... Ma go find information by myself or console myself with secondary rate.... Thanks guys.

1 Like

Re: Treasury Bills In Nigeria by Just2endowed2(m): 10:20pm On Apr 17, 2019
Just2endowed2:
I beg when is next primary auction?

Lol
Re: Treasury Bills In Nigeria by donshady(m): 10:31pm On Apr 17, 2019
Just2endowed2:
I remember asking when will the primary market date be on Friday last week and Monday , no one reply me, .... Ma go find information by myself or console myself with secondary rate.... Thanks guys.


You didn't read the line between the comments. The answer is there... Pay more attention. cool

3 Likes 1 Share

Re: Treasury Bills In Nigeria by Nobody: 10:38pm On Apr 17, 2019
[quote author=Just2endowed2 post=77633632]

Lol[/quot

Sorry about this. Most time A is thinking B will answer and vice versa. There is always a quarterly calender. Please can someone post the 2nd quarter calendar. I don't have it as I don't have interest to invest, am on 91 days self imposed suspension.
Re: Treasury Bills In Nigeria by dipoolowoo: 12:29am On Apr 18, 2019
Re: Treasury Bills In Nigeria by awesomeJ(m): 6:09am On Apr 18, 2019
TotoNaRubber:
It is better to keep your dollar and probably convert 50 percent of it to Naira n invest in TB. Nigerian economy is in the biggest mess ever, they said the reserves is on $44 billion but Nigeria owe more than $70 billion in bonds, tb, sukuk etc



You should only mention the external component of the debt which currently stands at $25bn. Annual debt service cost is under $2bn.(for external debts)

Domestic debts are not a threat to exchange rate.

So it's actually $2bn debt service vs $44bn reserves.


The way you said $70bn debt with a $44bn reserves would paint a fairly inaccurate picture.

3 Likes 1 Share

Re: Treasury Bills In Nigeria by amjustme2: 7:31am On Apr 18, 2019
Debt Management Office (DMO), says the Federal Government will on April 24, issue a 30-year bond for the first time ever.

The DMO said in a circular on its website on Wednesday in Abuja, that the N20 billion 30-year paper would mature in April 2049.

The circular, however, did not indicate the interest rates for the new issues.

She said that the bonds were considered, given the relatively low interest rates compared to 2017 levels of more than 18 percent:

According to DMO, units of sale is N1,000 per unit, subject to a minimum subscription of N50 million and in multiples of N1,000 after.

If you have 50M to lock down. Rate could be juicy.

But remember to Tell your family members after subscription. Or better still write a Will

4 Likes 1 Share

Re: Treasury Bills In Nigeria by amjustme2: 7:34am On Apr 18, 2019
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Re: Treasury Bills In Nigeria by Gavrelino123: 7:42am On Apr 18, 2019
Good morning all,
Kindly,has anyone been credited with GTBANK matured Treasury Bills today..?
I have a 364days tenure TB that got matured today,and i haven't been credited with GTBANK,.....and the funds have been written off on my online bank statements without a corresponding credit notice in my savings account..
Naturally,their credit notice comes in between 2:00am-4:00am...
Has anyone been credited..?
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:06am On Apr 18, 2019
Gavrelino123:
Good morning all,
Kindly,has anyone been credited with GTBANK matured Treasury Bills today..?
I have a 364days tenure TB that got matured today,and i haven't been credited with GTBANK,.....and the funds have been written off on my online bank statements without a corresponding credit notice in my savings account..
Naturally,their credit notice comes in between 2:00am-4:00am...
Has anyone been credited..?
very strange

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