₦airaland Forum

ositadima1:
Look at it this way, u earn interest at the end of tenure. She invested 8.265m hoping to return 10m, capital plus interest.

awesomeJ:
10m was just the face value. The actual amount that was lent out was 8.265m. That's how much she was debited right?

Investnow2017:
Three secrets of Treasury Bills investing:

1) Buy long tenor if the rates are high and juicy - 16% up.
2) The Secondary Market offers better bargains if you are going for a short tenor (91 - 182 days).
3) Buy a long tenor when the rates are down and short-sell at your exit target.

Pharmtj:
the FBN branch I went to. the lady I met at the tbills section was reluctant to gv me the rates for secondary market.

awesomeJ:
Happy Sunday everyone.

One of the main purposes of our interaction here would be to identify available opportunities for getting maximum returns on our investments.
Now for a while after we had the talk on true yield, there has been a number of people who now choose to reinvest their upfront interest.
But this WhiteChocolate's investment has brought something to my attention, and that is the fact that one can "SHORT SELL" this t-bills market to make some more bucks.

He got 460,000 on 8.265m in 63days. Guess what yield that represents a whopping 32.25% p.a. If in doubt, please do the math, and let's see what comes up.

Now, "short selling" in this market is only a once in a while thing, and it will only make sense to investors who do short term bills.

So whenever rates start taking a dip, and you're sure that over the next quarter, there could be up to a 2% cut in rates, then rather than buying a 91-day paper at 14%, you could buy a 364-day paper, and resell after 91 days at lower discount and thus push your returns to about 30% or more.

If any 91-day investor had tried this in q4'15, when rates dipped by about 7% The returns would have been about 40% p.a and peak discount for 91-day bills at that time was about 10.5%

perhaps this is one significant way banks make a portion of their t-bills profit.

So I hope we see the opportunity present in this strategy, and adopt it may be.

P.S By "short selling" I mean taking a bet that yield on t-bills will decline considerably in the near future.

Pharmtj:
I thought as much.

Pharmtj:
guys I finally got my alert of 21,153.22k . invested 670k for 91days. primary market with FBN. Hope I wasn't short paid?

HRHQueenPhil:
the red signs for men are d following
1. does not like to take responsibility
2. cannot keep to his words no matter how small
3. always ready to fight or yell esp wen in traffic or his car is scratched by anoda
4. sees going to church services esp mid week ones or bible study/house fellowship as a waste of time and agrees with FREEZE
5. often complains when u add weight and likes taking selfies of himself half naked
6. when you cannot seat and have a meaningful conversation for 1 hour without going for ur bra
7. when he dosent seem to value your opinion or ask for it
8. when he dosent like to hold ur hand, kiss you or touch u esp wen his friends are there (could be GAY)

yemfemNg:
Don't say that again!

4tunebest:
As much as i believe so much in the benefits of T-Bills, this is the best time of the year to invest in real estate. The 13th month, bonuses, etcetera should be used for something tangible, hence few weeks from now you'll begin to wonder where all the cash went. I did some years ago, and today, I am better off for it.

2 plots of land are available @ Treasure Parks and Garden Phase 2, City of David Estate, SHIMAWA. I am offering 50% discount off the current market value offered by Adron Homes and Properties. Anyone interested can buy one or the 2. My contact: 07062160601.

Documents: Letter of allocation, Deed of contract, purchase receipt

jaychubi:
wow u r the man

megacontrol:
Could have been a lot better in my personal opinion, considering the trend.

Sometimes you have to insist on those bank officers to keep checking what else is available before you settle. Normally they will just reel off a few TB rate/tenure to you among the lot available and request you to choose the one you want.

If you had this transaction yesterday, just so you know I did 14.95% for 51days yesterday with same FBank. The officer started by listing out some not-so-good numbers but i insisted on NEXT until the above was mentioned. I remember they mentioned this 91d @ 13% you got and i passed it.

Personally i will not go below 14.5% for sec market, and so far it has worked in the multiple TBs I've purchased this period. PERSONALLY.

jaychubi:
I got 13% on less than 91 days TB via first bank secondary market, is this acceptable on 500k

olujaidi:
The small sum credited came as a result of the fact that investment in TBs can only be done in thousands(at a minimum) i.e. the remnant that wasn't reinvested because it wasn't up to a thousand.

Karidqueen:
Funny, isn't it? For me to invest my 200k for 106days and get 9k in return... Really? That's kinda stupid thang to do. 9k I give up

MrHighSea:
I like lots of stuffs I've read so far.
Can the transaction be done using FBN via phone or are there loads of paperwork to carry?

zamirikpo:
MMMite