nwanneni:
different?
Well,let's hope your wallet is different as well.
And i tgink this car REQUIRES premium fuel,and not recommend.
Well,i wish you goodluck on this new path you've chose,
Nwanneni

Chibuking81:
For those that listened to earlier bonanza announcement when cash was the king, please enjoy, truly bonanza Sweet.

ajeleomo:


Bros are you indicating MMF will not rise? What if you buy TB @13% for 182 days like u said and after 30 days MMF have risen to 13.5% and fluctuates around above 13% for the rest of the tenor, Will you call your TB trade a good deal?
This is the reason TB fixed rate MUST significantly be highly than MMF as their is tendency for MMF to rise

mollie12:
I just got debited today (Thursday) for the August 15 primary market auction. Rate was 12% for 364 days, from STANBIC bank. Not bad at all.

@Others, any updates from the latest auction? Please share your stories.

naijaobi:


92 days 10%= 25,205 naira interest

182 days 10.2% = 50,860 naira interest.

Both interests are exclusive of bank charges

ernie4life:
To those that may be interested,

Lafarge commercial paper

Tenure 120days
Discount rate 12%
Effective yield 12.49%
Minimum of 5m
Closing Date is this Friday 3rd August

Contact me if interested

Mpeace:
Why is it that Uba and Access hardly go on full bid?

Nusah09:
House between mutual balance fund of 3.98% and money Market fund of 13.09%. Which one is advisable to subscribe

Egie4real:

Exactly what I was thinking about. This thread has really been impactful!
But why would bond be sold at a discount? Could it be desperation to offload the bond?

Egie4real:

Hence from your explanations, it is always more profitable to purchase bonds at the secondary market?

awesomeJ:

So I've used the figures you posted earlier, but the yields are got are not exact. I thought perhaps the figures were published on a date different from my assumption, so I decided to use figures from the DMO's site, still, there's a slight difference.

So I there's still something missing from my analysis. Maybe I'll find it, or maybe someone else here will. The latter is more convenient for me.

akinola98:


I called my sharebrokers ( GTI) to purchase FGN bond from the secondary market but I was amazed when I was informed the minimum amount to buy is 100M naira
Is that right across the board

I know the minimum for primary market is 50M but never knew it was higher for secondary market

Anybody with ideas please?

awesomeJ:

All your assumptions are very correct sir.
The offer (%) should be the yield to maturity.

I will try to crunch the numbers tomorrow to show how the implied price was obtained.

ukay2:



I only like and do business with the UZ.banks.....F never show FY17 result.......maybe monday evening

elshanAutos:

Sorry, but I can never do that no offense meant.

currentprice:


brought forward his left over of 36m friday and 42m of yesterday has gone.

buyer are ready for him

cc those asking for what to buy. opportunity might not be there 2morrow or there with extra premim

currentprice:


bro everybody is busy making money, nobody see your post

with situation in the market right now my opinion on what to buy with your money is ACCESS bank. the bus might start moving toward N20 soon

greatnaija01:
well WHETHER DEEP OR NOT... Here is my review since Last year January, so ya'll better get clear and begin going for new coins.

I wish u all well.

wx9Z:


And the funny thing is that Tron is only listed in Binance yet!!!

Imagine when other bigger exchange list it.

Maybe wait for a dip and jump in the train, I'm riding Tron till it hits 1$.

I'm always giving out cheaper Crypto that's affordable for everybody. I got in Tron at 0.03$..

Let's make this money!

lindashealthwat:


Buying lots of quantity as you did, you see your profit fast.

But if its buying lesser quantity of ripple for instance, will be better you go for QTUM, which is less than a billion coin in circulation and will probably hit over $1000 before it reaches coin cap of $250billion bitcoin is at now.

Quite an interesting analogy and it does make sense too. Would look “em up

But for those that buy less than 7 ripple hopping it will hit $1000.

I didn't say its not possible but I don't see the possible to pass bitcion $250billion market cap, though its at $110 recently even if its reaches $250 1 ripple will be equals 6-7$


Even if it succeeds to double the bitcoin coin cap, that is about $500billion; 1 ripple will still be less than $18

So to succeed in ripple and to get a good presentable profit; it is to buy much of its coins. Not $20, $10 and there about