Treasury Bills In Nigeria - Investment (2123)

Treasury Bills In Nigeria - Investment (2123) - Nairaland

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Re: Treasury Bills In Nigeria by aieromon(m): 12:28pm On Mar 08, 2023

Dum20:
Hi All,

How do we know when the next FGN Bond sales will take place.

Also when will the next Sukuk Bond sale take place.

Thank you

Q2 - Q3 2024

Re: Treasury Bills In Nigeria by Dum20: 1:33pm On Mar 08, 2023

aieromon:
Q2 - Q3 2024

Thank you.

But this is FGN Savings Bond.

I am interested in the FGN Bond and Sukuk Bond.

The FGN Bond has tenures of 10 years or more

Re: Treasury Bills In Nigeria by just2endowed: 4:44pm On Mar 08, 2023

Dum20:
Thank you.

But this is FGN Savings Bond.

I am interested in the FGN Bond and Sukuk Bond.

The FGN Bond has tenures of 10 years or more

Sorry to ask,
whats the different bwtn fgn saving bonds and sukuk bonds

Re: Treasury Bills In Nigeria by Rizin: 9:12pm On Mar 08, 2023

just2endowed:
Sorry to ask,
whats the different bwtn fgn saving bonds and sukuk bonds

.

The difference is that the interest rate is higher on sukuk and fg bond. Also the minimum required is higher on fg bond

Re: Treasury Bills In Nigeria by just2endowed: 11:09pm On Mar 08, 2023

Rizin:
.

The difference is that the interest rate is higher on sukuk and fg bond. Also the minimum required is higher on fg bond

I was asking of saving bond and SUKUK bond..

Not fgn bond

Re: Treasury Bills In Nigeria by Allschoolsinfo: 11:37pm On Mar 09, 2023

Yesterday's TB stop rates. Ready to pump?

5 Likes

Re: Treasury Bills In Nigeria by Oyindamolah: 6:57am On Mar 10, 2023

Allschoolsinfo:
Yesterday's TB stop rates. Ready to pump?

Not sure

1 Like

Re: Treasury Bills In Nigeria by Allboiz: 11:44am On Mar 10, 2023

A friend needs an advice...

He has 30k usd invested. He gets 5% annually as interest in usd...
5% interest on 30,000 annually is 1500usd
1500 * 740 = 1,110,000 in naira

He then noticed that if he had converted the money to naira, his interest would have been much better because the interest on naira is around 10% - 14%...
30000 * 740 = 22,200,000
10% interest on 22,200,000 annually is 2,220,000

Now, he's contemplating on whether to convert his money to naira for fast growth or leave it in usd. And at the same time, he is scared of naira devaluation. Anyone?

Re: Treasury Bills In Nigeria by chigo4u: 12:32pm On Mar 10, 2023

Allboiz:
A friend needs an advice...

He has 30k usd invested. He gets 5% annually as interest in usd...
5% interest on 30,000 annually is 1500usd
1500 * 740 = 1,110,000 in naira

He then noticed that if he had converted the money to naira, his interest would have been much better because the interest on naira is around 10% - 14%...
30000 * 740 = 22,200,000
10% interest on 22,200,000 annually is 2,220,000

Now, he's contemplating on whether to convert his money to naira for fast growth or leave it in usd. And at the same time, he is scared of naira devaluation. Anyone?

Where is he investing? 5% is nice. He should invest his dollar interest on naira investment. Win win

6 Likes

Re: Treasury Bills In Nigeria by freeman67: 1:26pm On Mar 10, 2023

Allboiz:
A friend needs an advice...

He has 30k usd invested. He gets 5% annually as interest in usd...
5% interest on 30,000 annually is 1500usd
1500 * 740 = 1,110,000 in naira

He then noticed that if he had converted the money to naira, his interest would have been much better because the interest on naira is around 10% - 14%...
30000 * 740 = 22,200,000
10% interest on 22,200,000 annually is 2,220,000

Now, he's contemplating on whether to convert his money to naira for fast growth or leave it in usd. And at the same time, he is scared of naira devaluation. Anyone?

If I was your friend, I will diversify a little. Depending on how offen he intends to have access to the funds and how long he intends to invest it. I would have divided the money into 2, 15k each. I will leave the first 15k in the dollar investment as a hedge against the erratic inflation and incessant increase in exchange rate.
Then, I will convert and invest the remaining 15k in fixed income asset of ie 10 - 15 years FGN Bond with the rate of between 13-16% and compounds if he desires long term.

He can also used the converted 15k for short term investment in CP for rates between 14-17% and invest with interest if he wish. That way, the naira side of it would have been giving more interest. The mix will give him a higher interest than what he is currently getting.

6 Likes

Re: Treasury Bills In Nigeria by JaySterling: 1:48pm On Mar 10, 2023

What is TB rate now ? And how much can someone yield with an investment of 250M for 364 days

Asking for a friend

Re: Treasury Bills In Nigeria by skydiver01: 3:30am On Mar 12, 2023

JaySterling:
What is TB rate now ? And how much can someone yield with an investment of 250M for 364 days

Asking for a friend

2 Likes

Re: Treasury Bills In Nigeria by Olaide1295: 2:12pm On Mar 12, 2023

Allboiz:
A friend needs an advice...

He has 30k usd invested. He gets 5% annually as interest in usd...
5% interest on 30,000 annually is 1500usd
1500 * 740 = 1,110,000 in naira

He then noticed that if he had converted the money to naira, his interest would have been much better because the interest on naira is around 10% - 14%...
30000 * 740 = 22,200,000
10% interest on 22,200,000 annually is 2,220,000

Now, he's contemplating on whether to convert his money to naira for fast growth or leave it in usd. And at the same time, he is scared of naira devaluation. Anyone?

Allboiz, biko come back. What investment is your friend getting 5% on USD from? (Asides eurobonds)

2 Likes

Re: Treasury Bills In Nigeria by Allboiz: 2:32pm On Mar 12, 2023

Olaide1295:
Allboiz, biko come back. What investment is your friend getting 5% on USD from? (Asides eurobonds)

Yeah, Eurobond

4 Likes

Re: Treasury Bills In Nigeria by Oyindamolah: 5:29pm On Mar 12, 2023

Naira has gained momentum.

Re: Treasury Bills In Nigeria by Olaide1295: 6:07pm On Mar 12, 2023

Oyindamolah:
Naira has gained momentum.

How and where? Any news?

3 Likes

Re: Treasury Bills In Nigeria by alezzy13: 6:41pm On Mar 12, 2023

Allschoolsinfo:
Yesterday's TB stop rates. Ready to pump?

Yeeaaah. 👍👍

1 Like

Re: Treasury Bills In Nigeria by AngelicBeing: 7:26pm On Mar 12, 2023

Olaide1295:
How and where? Any news?

With the election of APC federal government for possibly another 8years of rascality, economic emasculation, Hardship inflicted on the Nigerian masses, dollar / foreign exchange market becoming like the more you look ans the less you see, what other news should Nigerians expect other than the current hardship that the hapless masses are currently undergoing and that is the current NEWS ON-BOARD in Nigeria shocked

5 Likes

Re: Treasury Bills In Nigeria by AngelicBeing: 7:33pm On Mar 12, 2023*

Oyindamolah:
Naira has gained momentum.

Which momentum? Momentum of suffering, selling / buying naira with naira in the same country, momentum of frustration amongst millions of citizens, momentum of extreme poverty, impoverishment and insecurity, momentum of CBN crooks disobeying the Supreme Court of the land and how do you think Foreign investors and (FDI's) will look at a country where the Financial regulatory authority and the APC led federal government, ignores the rule of law and the Supreme Court of the land, which is the bedrock of any sane society, it is momentum of jagajaga reloaded shocked

11 Likes

Re: Treasury Bills In Nigeria by asskush: 11:19am On Mar 13, 2023

Hello Folks,

Please how viable is below investment portfolio

Re: Treasury Bills In Nigeria by Horlartunes: 8:26pm On Mar 19, 2023

[quote author=skydiver01 post=121668778][/quote]Hi
How do you calculate 182 days
For instance an investment of 1m
Thank you

Re: Treasury Bills In Nigeria by Horlartunes: 8:26pm On Mar 19, 2023

[quote author=skydiver01 post=121668778][/quote]Hi
How do you calculate 182 days
For instance an investment of 1m
Thank you

Re: Treasury Bills In Nigeria by freeman67: 8:48pm On Mar 19, 2023

Horlartunes:
Hi
How do you calculate 182 days
For instance an investment of 1m
Thank you

You not include the interest rate. You only included principal/capital and tenure. That said, let me assume the rate of the investment to 9%.

For me this is the easy way I calculate it is;

N1,000,000 ÷ 100 x 9 ÷ 2

or

N1,000,000 ÷ 100 x 9 ÷ 365 x 182

2 Likes

Re: Treasury Bills In Nigeria by Horlartunes: 8:55pm On Mar 19, 2023

freeman67:
You not include the interest rate. You only included principal/capital and tenure. That said, let me assume the rate of the investment to 9%.

For me this is the easy way I calculate it is;

N1,000,000 ÷ 100 x 9 ÷ 2

or

N1,000,000 ÷ 100 x 9 ÷ 365 x 182

Thank you

Re: Treasury Bills In Nigeria by RayRay06677(m): 10:28pm On Mar 19, 2023

Horlartunes:
Hi
How do you calculate 182 days
For instance an investment of 1m
Thank you

Simple interest equals principle times rate times time.

Principle is the amount you have to invest

Rate is the percentage which is divided by 100

Time is the days stated, should be divided by number of days in a year

The answer you get is your interest.

See you at the top.

2 Likes

Re: Treasury Bills In Nigeria by igbizen(m): 8:50pm On Mar 20, 2023

freeman67:
You not include the interest rate. You only included principal/capital and tenure. That said, let me assume the rate of the investment to 9%.

For me this is the easy way I calculate it is;

N1,000,000 ÷ 100 x 9 ÷ 2

or

N1,000,000 ÷ 100 x 9 ÷ 365 x 182

If the guy use BODMAS he won’t get the right answer.

{9 * (1,000,000/100) }/2

Re: Treasury Bills In Nigeria by KingAzubuike(f): 10:45am On Mar 21, 2023

RayRay06677:
Minimum investment in CP is 5m

How does one go about this.

Re: Treasury Bills In Nigeria by RayRay06677(m): 2:04pm On Mar 21, 2023

KingAzubuike:
How does one go about this.

Check with any of the investment houses, i use Afrinvest.

Re: Treasury Bills In Nigeria by emmasoft(m): 2:35pm On Mar 21, 2023

MPR is now 18%
Good news for MMF and fixed-income investors.

1 Like

Re: Treasury Bills In Nigeria by RayRay06677(m): 2:59pm On Mar 21, 2023

emmasoft:
MPR is now 18%
Good news for MMF and fixed-income investors.

Congratulations to us. 'Agbado messiah' is working already

1 Like

Re: Treasury Bills In Nigeria by QuinModah(f): 3:32pm On Mar 21, 2023

emmasoft:
MPR is now 18%
Good news for MMF and fixed-income investors.

Yes o

Re: Treasury Bills In Nigeria by mymadam(m): 4:18pm On Mar 21, 2023

RayRay06677:
Congratulations to us. 'Agbado messiah' is working already

🤣🤣🤣

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