₦airaland Forum

Chucklive:
Pls who knows about Dollar and Euro bonds?

eddyakinrinde:
20 different tbills u mean! That's a wow! It's even burdensome for me to manage 5 different tbills and am thinking already that I have to bundle them altogether by December. Although am also thinking of moving some to bond.
[b]But talking of bond, is it advisable to split them or have just one?[/b]Thanks

tolajay:
Yes, the marginal decline is interesting but we need to consider the drivers of the development and their sustainability.

Speak about food inflation, do you know that harvest has been very good for farmers this year? Hence the increase and availability of farm produce and food items.

With the border closure, forex tightening and proposed VAT (without home-grown viable alternatives) the dynamics might change in coming months and quarters.

CBN is targeting a single digit inflation, but that’s a tall order given their timeline and procedures.

But then, these are just numbers what are the impacts on citizens?

Hallenjay:
thanks so much... For instance half a mil for tbills will fetch one how much every 90days

westliverenterp:
Good morning, i need your advice I want to set up a nursery, primary and secondary school will #20 million be enough? Location: Edo state

shogbenga:
Go to stanbic, with 5m, you will get fgn bond from the secondary market

shogbenga:
Go to stanbic, with 5m, you will get fgn bond from the secondary market

Hallenjay:
Pls ooooo
Which one will pay me, I've gathered some change.
Btw Fedral govt savings bond and tbills and risk level too... The lowest
Which is easier and pay more. I need this info so I won't mistake. Help
Help
Help

makewetalk2:
why yoruba people day like to do thing kind crime? eh, why?
see the black dirty face. all these ones na to use the money oppress other people oh.

decargne:
thanks alot. I was inquiring about fg bonds not saving bonds. so if I get you correctly, an individual with about 5m would not meet the minimum amount for fg bonds right?

ernie4life:
Eurobonds is in Dollars, are you converting the naira to dollars to invest in eurobonds?

ernie4life:
For now we could say bonds will give you better returns but 20 years is a very long time and anything can happen.
A few years ago treasury bills was giving about 22%, so how sure are we that in the next 20 years that such a thing won't happen.

If the funds was more your best strategy would be "don't put all your eggs in one basket" 75% of your portfolio in bonds and the other 25% in money market which includes treasury bills and commercial papers.

decargne:
Good day, please my friend ask me to help him ask the following questions, he doesn't have an account here and doesn't want to register.
1. what is the minimum amount needed to put in for a five year FG bonds
2. How would one go about it, is registration with a stockbroker compulsory particularly if one has a mutual fund account with a bank like standbic?

please we have read all the pages on bond investors hub thread and those on the DMO page but the answers to these questions seem not to be clear. please help. thanks

ernie4life:
It depends on the firm you are dealing with, some accept $10k while others $100K, you have to confirm from the firm you wish to deal with.
yes you can but make sure you discuss it out with the firm

Kolping:
Good plan

decargne:
Good day, please my friend ask me to help him ask the following questions, he doesn't have an account here and doesn't want to register.
1. what is the minimum amount needed to put in for a five year FG bonds
2. How would one go about it, is registration with a stockbroker compulsory particularly if one has a mutual fund account with a bank like standbic?

please we have read all the pages on bond investors hub thread and those on the DMO page but the answers to these questions seem not to be clear. please help. thanks. Am sorry for derailing the thread.

feelamong:
hahahahaha.....you will not understand the 'Cabal' in banks..

Just ask your account office or any marketing staff in a bank what his 'Cabal' is like and you will understand.

RealityShot:
i wonder how "a whole DaBoGu"
doesn't know about banker's CABALS...
lolzzz



please there is a thread for i-invest...

see my signature for link.

thank you

ernie4life:
how much for what?

Kolping:
The interest is paid every quarter (i.e. every 3 months) into your bank account. At the end of the duration of the bond (i.e. the tenor), you are paid the initial amount you put in.

For example, if you subscribe with 1,000,000 Naira for 3 years and the interest rate is 12%, you will be paid 30,000 every three months (=12% of 1,000,000 = 120,000 Naira every year).

Note there are no charges - no VAT, no capital gains tax, no withholding tax - on the interest you are paid . There are also no charges to pay to your stockbroker or the Federal Government in order to subscribe to the FGN Savings Bond.

awesomeJ:
You can always buy bonds on any given day at the secondary market through your banks, brokers or investment houses.
The issue we're trying to walk around is the minimum investment threshold.

So far we have:
FSDH 50m
GTI securities 100m
Afrinvest 20m
FGN BOND Primary market 50m
FirstBank Eurobonds $100k
Most other Eurobonds $200k

Egie4real:
I will be interested in such (visionscape) after 2019 elections because they are highly politically exposed.

ukay2:
Sir ernie4life, in FGN 14.55% APRIL 2029 BOND, last August successful bid was 14.39%, what should I bid for this September auction ...

I also want to know the reason for bidding in bond investment when it's already at 14.55% coupon......

...please kindly explain to me why bidding again....is it the higher I bid for it , the less amount I will pay for the Bond?

Am confused on the reason for bidding for the Bond when it's already at 14.55% for the April 2029 FGN bond. ..

feelamong:
Because your Investments in Tbills takes the funds out of the banks CABAL

They dont like loosing deposits, as that is the power they need to make more money