mymadam:


Ha!

Abeg no vex, oya suggest your opinion na

Off topic, the picture on your profile is scary oo, wetin person no go read and see for nairaland.com

Boyhood:

Yup, more like (6%÷364) ×91

Ah. That looks a bit low sha but thank you.

Hello house please when is the next treasury bills primary auction?

Thank you

Segun889:
Stanbic 180days was successful. Not sure of 365d as I haven’t been debited yet.

Did you confirm the 365days if it's successful?.

amordi:
Did you confirm the 365days if it's successful?.

365d wasn’t successful

I imagine it will occur on 7 December 2022.

yinkaoke:
Hello house please when is the next treasury bills primary auction?

Thank you

Foodempire:


Merci

wrong quote

freeman67:


If you subscribe now you will get the first rent in June and the second in December 2023.

boss freeman sir, can I speak or chat with you privately?...I will appreciate your financial advice....Thank you sir

Dbossmanager:
boss freeman sir, can I speak or chat with you privately?...I will appreciate your financial advice....Thank you sir

Oga sir, questions are better asked here for us to all learn and contribute even when the person it is directed to has limited knowledge. Other members with more knowledge can contribute.

However, if you still want to discuss with me, you can use the email on my profile.

Regards.

aieromon:


6 months interval
2 June 2023 for first payment
2 Dec 2023 for second payment and so on until 2032.

Please how do I check my sukuk allocation, didn't receive any email or sms at all

Oyeleye101:

Please how do I check my sukuk allocation, didn't receive any email or sms at all

Who did you subscribe through? Contact them.

aieromon:


Who did you subscribe through? Contact them.

With stanbic bank,

freeman67:


Oga sir, questions are better asked here for us to all learn and contribute even when the person it is directed to has limited knowledge. Other members with more knowledge can contribute.

However, if you still want to discuss with me, you can use the email on my profile.

Regards.

.

Sir, I will just like to know how best to maximise profit either through treasury bills or mutual funds.

Also, I took a break from treasury bills while the rates was low....Now I realise that the rates you get from secondary buy is way lower from the government rates from the primary auction(access bank particularly).....and they dont even know if i could put in for the primary auctions...I will like to know what banks you know and use for bills where one can put in for the primary auctions....and if there is a branch of access bank I could put in through.... Thank you sir.

Dbossmanager:
.

Sir, I will just like to know how best to maximise profit either through treasury bills or mutual funds.

Also, I took a break from treasury bills while the rates was low....Now I realise that the rates you get from secondary buy is way lower from the government rates from the primary auction(access bank particularly).....and they dont even know if i could put in for the primary auctions...I will like to know what banks you know and use for bills where one can put in for the primary auctions....and if there is a branch of access bank I could put in through.... Thank you sir.

TBills is better than Mutual Fund if you know that you can afford to keep money away for reasonable amount of time. Mutual Funds managers often invest in TBills among others.

Open a FBN or STANBICIBTC account, with at least N100k you begin to invest in FGN TBills.

Please I have assumed that your proposed investment amount is at least N100k.

Dbossmanager:
.

Sir, I will just like to know how best to maximise profit either through treasury bills or mutual funds.

Also, I took a break from treasury bills while the rates was low....Now I realise that the rates you get from secondary buy is way lower from the government rates from the primary auction(access bank particularly).....and they dont even know if i could put in for the primary auctions...I will like to know what banks you know and use for bills where one can put in for the primary auctions....and if there is a branch of access bank I could put in through.... Thank you sir.

It's been a while I did TB. I migrated to the more risky commercial papers instead because of the low rate.

However, I was maximizing my TB and MMF in 2 ways. For TB I do majorly re-investment of the interest in the same auction. If it is pro-rated or they mistakenly did not investment the interest, I will just move it to another investment option which is could be MMF or savings bond which gives me better rate. I like MMF more because it gives me some form of liquidity. It allows me move money faster than the rest.

For MMF too I do choose reinvestment of interest when subscribing. So that when it's time instead of paying the interest and removing WHT. It is better reinvested. Then you will not have to pay any tax and you can withdraw at will depending on your asset manager. Then I also use MMF as a means of gathering my loose change (small money) to gain gain small weight before I put it in another vehicles that I see as more profitable and requires more capital.

As for, that's why I open as many accounts as I can and time permits me to. I have about 7 banks accounts. Not because I have money in them but because I don't want to be tied when I need them for issues like this.

Banks like First Bank, Stanbic IBTC and GT the far distant 3rd are more TB friendly from my personal past experience. Access is poor. Either primary or secondary market you should get better rates from them than access. From my own experience, access is only good in frivolous charges. Nothing more.

Then, there is standard Chartered Bank that also is seamless. Once you have their app. Activate the investment section of it where you can see their rates on TB, Bonds and several mutual funds. Their daily rates are displayed in the portal for you to confirmation except where they have non available or the network is bad.

How can someone buy treasury bill from primary market and what are the requirements. Thanks

Learner247:


TBills is better than Mutual Fund if you know that you can afford to keep money away for reasonable amount of time. Mutual Funds managers often invest in TBills among others.

Open a FBN or STANBICIBTC account, with at least N100k you begin to invest in FGN TBills.

Please I have assumed that your proposed investment amount is at least N100k.

I have a Stanbic ibtc account, can I do this on their mobile app or I must visit the bank?

DFPS:
How can someone buy treasury bill from primary market and what are the requirements. Thanks

.

DFPS:
How can someone buy treasury bill from primary market and what are the requirements. Thanks

N50M
Visit your bank.

DFPS:
How can someone buy treasury bill from primary market and what are the requirements. Thanks

Zenith

Wapgod:

N50M
Visit your bank.

thanks boss

pat077:
I have a Stanbic ibtc account, can I do this on their mobile app or I must visit the bank?

I don't know if you can do it via mobile app and I don't think it can only be done at the bank. Stanbic has an efficient Customer Care contact line. You can give it a try. However, if you are not in Nigeria, you can contact your account officer and get things done. But if you are in Nigeria, I think you should do it in person 1st.

Learner247:


I don't know if you can do it via mobile app and I don't think it can only be done at the bank. Stanbic has an efficient Customer Care contact line. You can give it a try. However, if you are not in Nigeria, you can contact your account officer and get things done. But if you are in Nigeria, I think you should do it in person 1st.

okay

DFPS:
How can someone buy treasury bill from primary market and what are the requirements. Thanks

Go to your bank to apply latest by 10am on Tuesday before the Wednesday of the primary auction.
Banks particularly FBN, and Stanbic IBTC require you to have 100k or more to participate.

Published in DMO In The News


The Debt Management Office (DMO) is pleased to inform the public of the successful conclusion of the Issuance of N100 Billion Sovereign Al ’Ijarah Sukuk. The Offer for N100 Billion opened on November 21, 2022 and was supported by wide public sensitization to encourage subscription from diverse investors, particularly the retail investors. The initial Offer size of N100 billion was upsized to N130 billion due to the over 165% Subscription level. The Sukuk was issued at a Rental Rate of 15.64% per annum.

Should be interesting...

emmasoft:


Go to your bank to apply latest by 10am on Tuesday before the Wednesday of the primary auction.
Banks particularly FBN, and Stanbic IBTC require you to have 100k or more to participate.

what top rate can I bid for (1 year tenure)

DFPS:
what top rate can I bid for (1 year tenure)

It's always better to go with the bank rate even if you have 50m.

emmasoft:


It's always better to go with the bank rate even if you have 50m.

what is the benefits of going with bank rate boss

DFPS:
what is the benefits of going with bank rate boss

They have much funds, better in the business and their rates are always successful most times compare to individual bid rates.

Please house. When is the next date for TB

freeman67:


It's been a while I did TB. I migrated to the more risky commercial papers instead because of the low rate.

However, I was maximizing my TB and MMF in 2 ways. For TB I do majorly re-investment of the interest in the same auction. If it is pro-rated or they mistakenly did not investment the interest, I will just move it to another investment option which is could be MMF or savings bond which gives me better rate. I like MMF more because it gives me some form of liquidity. It allows me move money faster than the rest.

For MMF too I do choose reinvestment of interest when subscribing. So that when it's time instead of paying the interest and removing WHT. It is better reinvested. Then you will not have to pay any tax and you can withdraw at will depending on your asset manager. Then I also use MMF as a means of gathering my loose change (small money) to gain gain small weight before I put it in another vehicles that I see as more profitable and requires more capital.

As for, that's why I open as many accounts as I can and time permits me to. I have about 7 banks accounts. Not because I have money in them but because I don't want to be tied when I need them for issues like this.

Banks like First Bank, Stanbic IBTC and GT the far distant 3rd are more TB friendly from my personal past experience. Access is poor. Either primary or secondary market you should get better rates from them than access. From my own experience, access is only good in frivolous charges. Nothing more.

Then, there is standard Chartered Bank that also is seamless. Once you have their app. Activate the investment section of it where you can see their rates on TB, Bonds and several mutual funds. Their daily rates are displayed in the portal for you to confirmation except where they have non available or the network is bad.

Thank you sir