₦airaland Forum

Acidosis:
What's the current rate?

Last stop rate was 20.3 for 364days. Mpc meeting will give idea of what rate generally will look like.

Dubem5000:
Please give me a review on the best chiller fridge
I am considering hisense

And how long does it take to get cold and how long can it stay cold

Thermocool

DigitalMallam:
Based on the current inflation figure.
Inflation has dropped to 24.48 from 34.80 due to rebasing of the Consumer Price Index (CPI) - as released by National Bureau of Statistics (NBS). Expect sub 19% for 1yr TB.

My expectation also around 19-23%

Dangote Sugar Refinery and Access bank commercial bank is currently on and closing tomorrow.

UppaZakum:
Hello. Please how does one buy from the primary market?

You can submit your bid via your bank or an investment house.

You can also chat me up 09070058289 lets open an invesTment account for you for the next PMA.

Cheers.

freeman67:
Ok.

Please is there any subscription of FGN Savings Bond maturity May 2027? Quarterly Coupon payment has been due since Saturday 15, Feb 2025. Yet, nothing.

Hope it's not only me abi I have to contact CSCS on this again.

I don't know if some people were paid over the weekend. Kindly reach out to them

Tomorrow is the Treasury bills primary market auction.

oluayebenz:
Correct

But I don't know why GTB decided to remove the investment link on their Internet banking

I think it was due to the update

evans630:
Need clarification pls, Got some treasury bill last year February and March from GTBank which was showing on the online banking platform, but after the bank update I can not view my position again. called the GTBank customer care yet nothing came from them. How can I know the date of maturity pls.

Check your statement for Feb and March last year to be sure the time it was debited. You can also check your certificate of investment if you have it. If its 364day Tenure just be rest assured you wil get your funds Feb and March 2025, the exact date I don't know since I dont know the effective date

Emzedz:
Are u talking to a novice.. I have been doing tbills for some years bros. 100k is the least amount an individual should put in.

Kindly go read the post again slowly

aloyt:
Pls do you know the issuing houses for this CP and where one can invest in the Valency CP series 8; i seem not to see it anywhere else apart from getequity.
Can anyone point me pls.

Cardinal stone, coronation, United Capital, Rand

vazsily:
Hmmmmm! But at 18.8% investing in Treasury Bill is a bad idea, when inflation is 34.8%. Except perhaps you don't have any need for the cash but I believe investment in the NGX will give far better returns than this oversense by CBN bcoz of excess supply.

I know other places that gave around 19.60 for same tenure. Not everyone has the risk appetite for stock trading

koreanlord:
Upfront interest : 3,723,111.38 ( received)
Principal: N20000000
Rate: 18.8%
Tenor: 364 days

Guys, the above was the details I got from my bank yesterday...

Please, I hope this rate is not secondary market oooo? Cos I am still confused as to how they came about that figure for upfront interest....

Someone please enlighten me...

Yes rate for 364 Tenure dropped but 18% hmm

sky404:
Good day, people.

between Treasury Bills, mmf & FG Bonds,
which one pays better interest??

I just came back from First Bank today & I was told 19.5% for 364 days tenor secondary market Treasury Bills,

Better rush mutual fund

digitalinvestor:
Is this Yield? Is the Valency cp still open?

Till 11th I think. Yes its yield

digitalinvestor:
No, DLM Capital CP. What rate/tenor is valency agro cp offering and which platform are you buying from?

29% 180days and 30.50 270days

temi4fash:
Do you have to be their physically?

No you don't

digitalinvestor:
Good morning Nairalanders!

Please what is the essence of having CSCS, CHN, Member code or Tax ID to invest in Commercial paper? This was part information requested for in the subscription form but I don't have it. Is there any consequence at maturity? Pardon my ignorance it is my first time buying CP, I only invest in Mutual funds and FD.

Guys, I need your clarification on this! I thought you only need CSCS account when it comes to bond and shares .

If you don't have those info, kindly ignore and submit form. I guess you are talking valency agro cp?

[quote author=enque post=134022952][/quote]Rate for 364days tenure dropped for the 3rd or 4th consecutive auction I guess while 91 and 182 remained unchanged. Subscription for 364days is massive though

Emzedz:
I just strolled into accessbank n asked for tbills. Those guys get mind tell me say na 50million n above or I do secondary market.. I jeje ask for their rates.. it was so low as I suspected..
Withdrew some funds n got d fvvck off.

Lol they are actually correct on the entry for treasury bills primary market.

Let 's talk about secondary market and the next primary market auction. You can invest with minimum of 100,000

0.

izzou:
[color=royalblue]Na so I hear oh.[/color]

Notthing make no de possible sha. The last time I see am e look far from pastor

izzou:
[color=royalblue]I heard he's a pastor now.

I too love that guy songs[/color]

Pastor ke.. No

Primary Market Auction is taking place this Wednesday. Do not forget to submit your instructions with your bank or investment house.

Adewunmibaba:
How does this stuffs work?

Treasury bills is you giving your money to government. Its a short term investment ie doesn't exceed a year and it's a low risk/risk free investment. You can do this by partaking in the primary auction coming up this Wednesday using your bank. You can also access it in the secondary market.

Contact your bank for more info or You can also chat me let's open an investment account and get started.

Allboiz:
I put in for United Capital treasury bill at the primary market last auction. I was told it failed due to CBN rate. Up till now, they're yet to refund my money and next week is another auction. They disappointed me. I'll send another mail and copy CBN tomorrow if I don't get the fund today.

Sorry for your experience. Did you give them a rate? Call their customercare or email or visit their office

Bennycollins:
Hi esteemed forumites.
I need help from those that know.
Zenith bank subscribed me for 340+ days Tbills at the rate of about 19+ % . I had chosen 22% rate in the form with instructions that any thing less should not be accepted to me, but the did everything without consulting me.
So I applied that the investment be cancelled.and the have kept back 309k as penalty, according to the Operations Head. Principal amount was 10m and 1703000 had been credited as upfront.
How do I handle this, as 300k is too much for me to lose like that.
Thanks

Sorry for your experience. What they invested for you is the secondary market.

I feel they should have contacted you before investing in the secondary market.

GloriousGbola:
We have all kinds here

Texas bdsm
baby oyel geng
Team gold circle
Hairy xssy geng

It's all good. Say no to kink shaming

This man na expert

codemaster2much:
Do you know if I can go to my gtb branch nearest to apply?

Sure. Request to speak with someone knowledgeable to guide you.

nicestlady:
Please does anyone know the process for TB investing with fcmb or fidelity bank. What rate did they give for the last primary auction for 365 days?

I already have account with the 2 banks that's why I'm considering them. Their branch staff aren't very knowledgeable about how it's done. Fidelity staff actually said N50m minimum investment and I know that can't be true. Are they more reliable and stress-free banks?



put in a request since last week and funded my account on Monday only to be told this morning that my Tbill request did not go through. Just so disappointed in

Yes 50m is the minimum amount to invest in Tbills primary market. There are some investment firm and banks that accept minimum 100,000.

Lets talk more 0.

chrismex:
Please can someone explain this to me some times I don't understand the magic all this banks do.
They said 18.75% but the amount they are paying in return is not upto that when you lessall there charges.

I will be losing almost 18k which they didn't specify in the details.

480,000(PRINCIPAL)*18.75*322/365*100 Your answer then deduct 10%WHT on the interest amount.

heavenisreal18:
Pls I have not been debited for t bill since yesterday, account officer said they will since yesterday,does it mean is not successful

Reach out to your account officer