₦airaland Forum

Rates as at 06/01/2016

91days - 4%
182days - 6.99%
364days - 8.05%

Johnrake69:
Happy new year to the house! @carpenter ernie4life I hail ooo.
I pray we all are able to achieve our investment objectives this year, even as the economy is really not looking so promising.

Amen and amen.

bakila:
Nope, beans was 35% last year.

I'm confused. You make 60% return off your investment (if that's even true), yet you still follow the treasury bills thread on Nairaland?

Even billionaires often show their investment hand/picks once in a while. We all know the saying.. "If it sounds too good to be true, it usually is".

Anyone with current rates abeg?

Fhemmmy:
Haaaaaaaaaaaa . . . My Chairman at the top, it is impossible to forget you now. How are you and everything else?

Fine thanks. Still enjoying my ride o. Have a great weekend.

My Oga. Remember me?

How business?

Even though this is primarily a T-Bills thread, i believe one can "chip" in one or two things about other instruments they use to generate secondary/passive income. Afterall, its all about "more money" on this thread.

The dude just spoke based on his experience on HYIPs and you guys are furious. And yes, i have heard sorry tales about HYIPs.

Every investor should be diligent enough to research each instrument before investing.

My 50 cents.

Hello house.

Any update on latest rates pls?

poposki33:
here is the time table

Thanks Poposki33.
Much needed information.

My people, i also searched for the timetable but didn't find. Pls, when is the next auction date?

Hello guys,


91 days - 10.5%
182 days - 14.1%
364 days - 14.15%

Source:
http://www.cenbank.org/rates/GovtSecuritiesDrillDown.asp?beginrec=1&endrec=10&market=NTBP

Onlytru:
Is good to see more Nigerians trying to invest their money for future financial security. Now the only two less risky investment that most Nigerians tend to go for his either Fixed Deposit Investment or Treasury Bills Investment (T-bills). I have been involved in both investment multiple times but after carefully review of my returns and the risks involve (which is pretty NADA to be candid) I can state with all confidence that Fixed Deposit investment is the best between the two.

Now before I let the cat out of the bag, let me quickly add that this simple logic I am about to unveil is only viable for folks that want to invest at least ₦2 million and up and also for a full calendar year because if you are planning to invest less than the stated amount (₦2 million) the interest rate plus the number of days of investment in your portfolio will not add up. Now let's get started---

Treasury Bills Investment
As we all are aware that treasury bills investment is the least risky investment out there with moderate return and plus the attractive rates folks are getting on it lately, thus making it the number one option for most folks to invest in but does the returns on this investment really worth the hype?! I do not think so...
For example Mister A has ₦5 million to invest in T-bills for 365 days at Bank 1. They offered him 14.5% (for the sake of this argument lets round it up to 15%). At the end of 365 days (1 YEAR) Mister A will receives ₦750k back in return after 1 Year

Fixed Deposit Investment
Now if Mister A takes the same ₦5 million to Bank 1 and request to fixed the same amount for 90 days (with automatic roll over after 90 days and insist on the same fixed rate) which most banks will offer Mister A 10% or more (but most folks will not agree with me but for the sake of argument let say he was able to get 10% for 90 days). At the end of 90 days Mister A will receives ₦500k in return X 4 = ₦2million cool cash. A return of 40% compare to 15% of T-bills for the same number of days.

As we all can see the return on Fixed Deposit is by far the best investment option between the two. As for me T-bills does not really worth the hype. Yall free to do your investigation.
Happy investing
¬ OnlyTru¬

Mr Onlytru also forgot the 750k ROI on Tbills is given up front. Thanks for the info though. We all know Tbills beats fixed deposits anyday.

Current rates anyone?

Rates for yesterday pls, anyone?

feelamong:
Dear XXXXX,

Please see below the result of the last Primary Market Auction:

PRIMARY MARKET AUCTION RESULT

TENOR (DAYS) STOP RATE

91 11.20%

182 14.40%

364 15.00%

Shoot, i missed out.

Sylverly:
alright..just getting ready to storm Zenith tomorrow . I have 15% in mind for 364.. Is it advisible to add some fractions..though I don't want to be cut off..

Well, 15.5% seems fair (my opinion), considering last stop rate for 364 days was 15.99%.

Good luck.

Sylverly:
have you processed yours already..? And how possible bro..

I simply wrote a letter to my bank, requesting for TBills Investment. Next bid date is tomorrow.

So I took the bold step today and placed a bid of 15.5% for 364 days.
I hope this pans out.
Happy investing y'all.

Happy new year guys.

Lets make more money this year.

Stay blessed everyone.

Seun:
This makes a lot of sense. A lot of investors are scared of the elections so rates are high since these tbills will mature after the elections

Interesting and impressive rates. Besides, a Nairalander above confirmed no bidding will take place this week.
I guess it did after all.

Guys, could this be real? Rates for (17/12/2014):

91 days : 11%
182 days : 13.849%
364 days : 15.99%

Source:
http://www.cenbank.org/rates/GovtSecuritiesDrillDown.asp?market=NTBP

addictiv:
op sounds as if the sole purpose of having a certificate is to use it as a valid document when applying for a divorce. Say a lady marries a guy who is already worth billions in assets and after 5 years she decides to divorce him and claim ownership of half of the guys assets which he already had b4 he married her. Mbanu.. That's why a prenup is important. Cos if she is gonna insist on a court wedding then I will defidefinitely insist we sign a prenup to avoid stories that touch.

1 billion likes

Oga Fhemmy. .

I see you're keeping the thread alive.
How business sir?

Enjoy.

oloriooko: Which DSTV station is showing this match please

Yes o. Pls what channel?

pappilo: You make absolutely no sense. All you are doing is dropping a few terms you heard on Bloomberg/CNBC to try to bamboozle others.

Unfortunately for you, most on here are experienced investors and business people and will see through you.

Rotfl

adetunrayo: . Is monday d next bid date?

T bill auctions take place every other Wednesday. Next Wednesday (1st of January) seems to be out of the question.
Upper Wednesday (8th of Jan) seems more likely. Im just speculating though.

Hello pls.. when is the next bid date..?

Please,

I need Sim network unlock pin for an Etisalat Line, on Samsumg Galaxy Note 3.

Phone IMEI - 359092050509730/01

Pls help.

Have to again thank everyone that has given valuable information on this thread. Appreciate... Tbills rock. Keep investing.. Till better means pop up.

Hmmmmm..
My next move is to enter this car sales business..

Damnnnn... Fhemmmy made a kill on this deal. Just patiently went through the custom papers. O ga oo

Abeg, Og Fhemmmy... Come train me ontop this trade.. Make i quickly dump my 8 - 5 job.

[quote author=esoorita]Ojix85, I'm delighted for you and Fhemmmy that you've taken the delivery of your car. I mysteriously missed the page with the good news before my earlier post. Congratulations to you and Fhemmmy for handling the problem in a matured manner.[/quote

Thanks.. Really appreciate.

Ehen,

You just cannot be posting my baby's pic up and down o

Im yet to name her.. Lolz