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Treasury Bills In Nigeria - Investment (918) - 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 ukay2: 8:30pm On Oct 30, 2019

Re: Treasury Bills In Nigeria by Emmaesty(f): 8:32pm On Oct 30, 2019
efismikoko:


If I get 11% for 364 I will be very happy I am expecting less
Na wa o. Anything below the current inflation rate (11.24) is not worth it to me

9 Likes 1 Share

Re: Treasury Bills In Nigeria by Adinije(f): 8:36pm On Oct 30, 2019
sammily:


One option which I employ is to collect a copy of the treasury form and make several copies myself and then give my wife to sign as witness, but leave the date empty. Then whenever I want to invest, take one of the forms along, fill in the necessary details at the bank and submit. Shikenna!!!
U can as well fill in the data of any of your relation with a different handwriting. That's my resolution. I can't kill myself.

8 Likes

Re: Treasury Bills In Nigeria by eddyakinrinde(m): 9:06pm On Oct 30, 2019
Re: Treasury Bills In Nigeria by Tweetums(f): 9:15pm On Oct 30, 2019
efismikoko:


If I get 11% for 364 I will be very happy I am expecting less
Is more than 13% on I invest app
Re: Treasury Bills In Nigeria by zamirikpo(m): 12:00am On Oct 31, 2019
Stanbic primary market for 364days is 11.25%.
Re: Treasury Bills In Nigeria by Infinitisi(m): 6:50am On Oct 31, 2019
Re: Treasury Bills In Nigeria by Viqtour(m): 7:46am On Oct 31, 2019
Has anyone been debited for GTB across any primary market tenors
Re: Treasury Bills In Nigeria by Akin3891: 8:40am On Oct 31, 2019
Infinitisi:


With this rates may even drop further


Yea, seems so. Because the more the big players wrestle in buying tbs, the more rate cuts. I hope n pray the juice won't dry up soon coz i haven't suck enough of it.

5 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:23am On Oct 31, 2019
Akin3891:



Yea, seems so. Because the more the big players wrestle in buying tbs, the more rate cuts. I hope n pray the juice won't dry up soon coz i haven't suck enough of it.
buy up bond , as investment windows is closing up I bought bonds @16.5 .......around 2015 ....investemnt should a mix of different money market assets ....tb,bond ,mmf ,euro bond then we take a wighted average to know our yearly return......look at gov of oyo asset take a clue

2 Likes 1 Share

Re: Treasury Bills In Nigeria by lancee(m): 10:41am On Oct 31, 2019
TENOR 273 DAYS
RATES 10.60%

364DAYS
10.85%
GTB RATES TODAY ..RATES NOT TOO GOOD

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 10:52am On Oct 31, 2019
Anybody gotten matured bills yet?
Re: Treasury Bills In Nigeria by skyangel(f): 11:06am On Oct 31, 2019
Tweetums:

Is more than 13% on I invest app

I invest highest bill now is 245 days @ 12.11%.. All the 13% plus bills are all gone

1 Like

Re: Treasury Bills In Nigeria by needful: 11:42am On Oct 31, 2019
ahiboilandgas:
buy up bond , as investment windows is closing up I bought bonds @16.5 .......around 2015 ....investemnt should a mix of different money market assets ....tb,bond ,mmf ,euro bond then we take a wighted average to know our yearly return......look at gov of oyo asset take a clue

U are right chairman but the bond right now isnt more than 12%. For fg savings bond.
Re: Treasury Bills In Nigeria by Tweetums(f): 11:43am On Oct 31, 2019
Pls, is I-invest really save like Banks because I'm scared to put big money?
Re: Treasury Bills In Nigeria by needful: 11:45am On Oct 31, 2019
Tweetums:
Pls, is I-invest really save like Banks because I'm scared to put big money?

U should be scared for a hard earned money

4 Likes

Re: Treasury Bills In Nigeria by Tweetums(f): 11:51am On Oct 31, 2019
needful:


U should be scared for a hard earned money
thanks very much
Re: Treasury Bills In Nigeria by eagleeye2: 12:01pm On Oct 31, 2019
To the Gurus in the house, what is likely the worst case scenario given CBN meddling with NTB?

1 Like

Re: Treasury Bills In Nigeria by MyMail2D: 12:08pm On Oct 31, 2019
Hello,

How fast/easy is it to buy and importantly sell on the I-invest app?
Can I transfer from any bank into it and from it into any other bank??
Re: Treasury Bills In Nigeria by Jejebabaa: 12:20pm On Oct 31, 2019
ahiboilandgas:
if I get the agric loan at 6 percent I go use am buy tb 12.5 ..i was also processing a huge morgate loan at 7 percent and my mind they bond at 14.5 God know I can't come kill my self i will not even buy truck

I hope you are not taking those loans from Nigeria, this was the same reason CBN crowds out everyone except FPI's and banks from investing in OMO bills and there next plan is not prevent people indebted to banks from investing in Tbills.
Re: Treasury Bills In Nigeria by Fyabdul: 12:20pm On Oct 31, 2019
[
Im still expecting mine from Stanbic o. The maturity date is today o
quote author=Barrytone post=83620474]Anybody gotten matured bills yet?[/quote]
Re: Treasury Bills In Nigeria by jayeomoba: 12:27pm On Oct 31, 2019
Fyabdul:
[
Im still expecting mine from Stanbic o. The maturity date is today o
quote author=Barrytone post=83620474]Anybody gotten matured bills yet?

Mine has dropped. I used FCMB
Re: Treasury Bills In Nigeria by Nobody: 12:30pm On Oct 31, 2019
Fyabdul:
[
Im still expecting mine from Stanbic o. The maturity date is today o
quote author=Barrytone post=83620474]Anybody gotten matured bills yet?

First bank paid by 10am but stanbic is still pending.
Re: Treasury Bills In Nigeria by Fyabdul: 12:36pm On Oct 31, 2019
Barrytone:


First bank paid by 10am but stanbic is still pending.


Thank you Barrytone. The money just entered now. Smilling
Re: Treasury Bills In Nigeria by Fyabdul: 12:40pm On Oct 31, 2019
I need help. I want to invest for treasury bill. Which bank is better. I used Stanbic last.
How can I go for primary?
Since secondary is not available concerning the new cbn policy.
Re: Treasury Bills In Nigeria by Nobody: 12:46pm On Oct 31, 2019
Fyabdul:



Thank you Barrytone. The money just entered now. Smilling

Just confirmed stanbic, life is good. We can now talk about rates. Hoping to hit secondary market tomorrow, so please my good people kindly help with today's rate for speculation against tomorrow.

2 Likes

Re: Treasury Bills In Nigeria by ukay2: 12:49pm On Oct 31, 2019
No secondary market rates for Nigeria Treasury Bill in stanbic ibtc bank.

They said ......yet to be advised to start doing secondary market


Has any bank started doing secondary market after CBN circular recently?
Re: Treasury Bills In Nigeria by jayeomoba: 12:59pm On Oct 31, 2019
ukay2:
https://nairametrics.com/2019/10/30/omo-ban-cbn-rejects-n432-billion-in-failed-treasury-bills-bid/

My bank told me my bid was not successful that it was above something..... I cant even recollect. I was also told that they were informed to hold on till Monday, 4th November. However by the CBN calendar on NTB issue program for Q4 2019 , the next auction date is 14th November. Please can anyone in the house help me with more clarification on this.
Re: Treasury Bills In Nigeria by partnerbizn3(f): 1:11pm On Oct 31, 2019
skyangel:


I invest highest bill now is 245 days @ 12.11%.. All the 13% plus bills are all gone

Is i invest interest paid upfront?

If no, then their interest is not high as such because true yield of 11% Tb is 12.3.

3 Likes

Re: Treasury Bills In Nigeria by efismikoko(m): 1:24pm On Oct 31, 2019
I think zenith didn't succeed in yesterday's bid cos till now no debit
Re: Treasury Bills In Nigeria by skyangel(f): 1:37pm On Oct 31, 2019
partnerbizn3:


Is i invest interest paid upfront?

If no, then their interest is not high as such because true yield of 11% Tb is 12.3.
We all know it's not as high as quoted because interest is not paid upfront. I only did I invest because I needed matured fund at a certain time and again I like getting my capital and interest at the end of the tenure

3 Likes

Re: Treasury Bills In Nigeria by LieDetector(m): 1:38pm On Oct 31, 2019
I have no idea about this TB stuff but I'm really interested in learning the ropes and investing little. Please how does it work?

skyangel
Barrytone
Fyabdul

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