₦airaland Forum

emmasoft:
For those who wish to participate in tomorrow's primary auction of Tbills, you have to be at your bank latest by 10am this morning to apply otherwise you wait for another two weeks.

Alternatively you can register for Coral money market fund managed by FSDH anytime.
Click the link on my signature to start with as little as 5,000.

chigo4u:
What mutual fund has the highest rate rn

juniorrate:
Gtco 13.65% and tomorrow tbills auction is likely to be 14% for 365days while the next 2week on 9th Nov auction should be 15% where the big players will like to tie down their fund before the next MPC meeting on 22Nov for the Apex bank to decide new benchmark rate

chigo4u:
What mutual fund has the highest rate rn

IYGEAL:
Is this rate correct?

juniorrate:
yes it’s correct sir

IYGEAL:
Is this rate correct?

juniorrate:
yes it’s correct sir

skydiver01:
Interesting NTB auction results today. Very little demand even with increased rates.....

juniorrate:
the low demand here mean the institutional investors like bank bidded over 15% and their bid failed so let’s see if any bank were successful through their thursday allotment for end user

dipoolowoo:
Nigeria’s One-Year Treasury Bill Clears at 14.5% at PMA Amid Low Demand
https://businesspost.ng/economy/nigerias-one-year-treasury-bill-clears-at-14-5-at-pma-amid-low-demand/

kisszhira:
Fbn bid failed too

VeeVeeMyLuv:
Is the bid failure only for one branch in one state? or does the bid failure cut across all Fbn branches in the entire country?

juniorrate:
it should affect all branches in every state anyway gtco bid was successful and their investors don dey receive school fees and pepper soup bills

sammily:
Please when is the next bid date?

sammily:
Please when is the next bid date?

Itsrm:
Look at the total subscription. Its lower than the amount offered across all tenors

juniorrate:
it should affect all branches in every state anyway gtco bid was successful and their investors don dey receive school fees and pepper soup bills

efismikoko:
Wow still waiting on zenith if they fail this time I move to fgn saving bond

VeeVeeMyLuv:
is it a must for the bank to bid on behalf of the investor? Does the investor have the prerogative to bid on their own?

efismikoko:
I think you must have 50million for this

efismikoko:
Wow still waiting on zenith if they fail this time I move to fgn saving bond

VeeVeeMyLuv:
Was successful

efismikoko:
Yes with about 12.3% Nawao

glimpse33:
Dollar is currently 775

Tbills, mmf, and naira Savings are Useless.