Nakedman:
Here you go.

I got 14% from First Bank in the primary auction.

Nawa for First Bank o

hi, can you please guide me on how this works I.e TB, I'm interested in it

shizzy7:
Hello what's the process of investing in a commercial paper? I Already opened a stanbic investment account but I'm not getting info on cp just their mmf and interest is 11%.
OR
Which is the best bank or investment house for treasury bills and at what rate will it be?

CPs are not an everyday investment like mmf. When it's available, the investment houses will advertise so U can subscribe and the duration for subscription is also short. Longest I've seen is 1 week.

enque:


CPs are not an everyday investment like mmf. When it's available, the investment houses will advertise so U can subscribe and the duration for subscription is also short. Longest I've seen is 1 week.

Thanks, what investment house do you recommend so I can register with them. stanbic does not do this .

shizzy7:
Hello what's the process of investing in a commercial paper? I Already opened a stanbic investment account but I'm not getting info on cp just their mmf and interest is 11%.
OR
Which is the best bank or investment house for treasury bills and at what rate will it be?

You will not see CP's that way. You will only be contacted if you indicate interest

If you want to invest in CP's you just contact Greenwich Merchant Bank Limited (bolaji.adeoti@greenwhichbankgroup.com) is a good guy who can put you through, FBNQUEST Merchant Bank, Coronation Merchant Bank, United Capital, Afrinvest e.t.c. There are some I dint mention here. Just contact them and you be getting details when available.

Some presently ongoing are:


1. MIXTA REAL ESTATE is handled by Coronation, United Capital, FBNQUEST and ARM etc.

2. SKLD is handled by Coronation and Afrinvest.

3. JOHNVENTS INDUSTRIES LIMITED is handled by handled by Greenwich, Coronation, Cordros, Unity Capital, AVA etc.


4. MERCURE INDUSTRIES PLC is handled by: Cordros, Greenwich, United Capital, FSDH and Cardinal Stone.


Once you contact them, they will send you reports and ratings of which ever company's CP you decide to invest. Please, you are to do you own due diligence before investing.

shizzy7:
Thanks, what investment house do you recommend so I can register with them. stanbic does not do this .

I know there are lots, but I only have experience with investment one and meristem.
I personally use meristem but for investment one, u can talk to emmasoft

shizzy7:
Hello what's the process of investing in a commercial paper? I Already opened a stanbic investment account but I'm not getting info on cp just their mmf and interest is 11%.
OR
Which is the best bank or investment house for treasury bills and at what rate will it be?

CP is different from mmf and Treasury bills.

Last stop rate for primary Market for TB was 16.7%. You can walk into any bank to drop bid. Although not sure any bid will take place this year again as this week's bud will be the last for the year. You can opt for secondary market though

where can i invest my 1 million naira to be getting return everymonth

Chikebrain:

CP is different from mmf and Treasury bills.

Last stop rate for primary Market for TB was 16.7%. You can walk into any bank to drop bid. Although not sure any bid will take place this year again as this week's bud will be the last for the year. You can opt for secondary market though

Thanks what is the rate for secondary market and is there a minimum amount of investment for primary market?

freeman67:


You will not see CP's that way. You will only be contacted if you indicate interest

If you want to invest in CP's you just contact Greenwich Merchant Bank Limited (bolaji.adeoti@greenwhichbankgroup.com) is a good guy who can put you through, FBNQUEST Merchant Bank, Coronation Merchant Bank, United Capital, Afrinvest e.t.c. There are some I dint mention here. Just contact them and you be getting details when available.

Some presently ongoing are:


1. MIXTA REAL ESTATE is handled by Coronation, United Capital, FBNQUEST and ARM etc.

2. SKLD is handled by Coronation and Afrinvest.

3. JOHNVENTS INDUSTRIES LIMITED is handled by handled by Greenwich, Coronation, Cordros, Unity Capital, AVA etc.


4. MERCURE INDUSTRIES PLC is handled by: Cordros, Greenwich, United Capital, FSDH and Cardinal Stone.


Once you contact them, they will send you reports and ratings of which ever company's CP you decide to invest. Please, you are to do you own due diligence before investing.

Thanks a lot for the detailed explanation. I'll contact bolaji.

freeman67:


You will not see CP's that way. You will only be contacted if you indicate interest

If you want to invest in CP's you just contact Greenwich Merchant Bank Limited (bolaji.adeoti@greenwhichbankgroup.com) is a good guy who can put you through, FBNQUEST Merchant Bank, Coronation Merchant Bank, United Capital, Afrinvest e.t.c. There are some I dint mention here. Just contact them and you be getting details when available.

Some presently ongoing are:


1. MIXTA REAL ESTATE is handled by Coronation, United Capital, FBNQUEST and ARM etc.

2. SKLD is handled by Coronation and Afrinvest.

3. JOHNVENTS INDUSTRIES LIMITED is handled by handled by Greenwich, Coronation, Cordros, Unity Capital, AVA etc.


4. MERCURE INDUSTRIES PLC is handled by: Cordros, Greenwich, United Capital, FSDH and Cardinal Stone.


Once you contact them, they will send you reports and ratings of which ever company's CP you decide to invest. Please, you are to do you own due diligence before investing.

These are all high risk CPs. Very high risk!!!

Labadi69:


These are all high risk CPs. Very high risk!!!

Yes, it's risky. That's why investors need to do his/her due diligence and as necessary questions where need be. That said, there are know brands with very high ratings that would not want to default in their obligations because it will affect their brand image. It's okay to go for.

Also, investment generally is a risk. That's why you get return on it. It's just to choose the one you can chest.

Labadi69:


These are all high risk CPs. Very high risk!!!

Can anybody just wake and issue CP?

I think its vetted before allowed to float and I still guess there are certain parameters used to arrive at the value they sort.

Mainly, the company must have assets it can liquidate to pay off if shit happens.

When was the last time you heard CP failed?

Let's stop creating fears, the risk is as basic as any other investment in the money world.

The masters can enlighten further and correct me where applicable.

Lets learn together.

Thanks

Morning, will auction take place this week

drealj:
Morning, will auction take place this week

Yes, there is an auction this week. If you intend to invest it, just do it now. Anything later than now the week is gone.

freeman67:


Yes, there is an auction this week. If you intend to invest it, just do it now. Anything later than now the week is gone.

please do you have the calendar taught it has ended for the year

Educationalserv:
please do you have the calendar taught it has ended for the year

I don't have the calender. The previous calender ended with the last auction. I found out from my bank that there will be an auction this week. Apparently there is a new calendar not yet released.

drealj:
Morning, will auction take place this week

Yes there's an auction this week. Last for this year. Turn in your bids quickly

Chikebrain:

Yes there's an auction this week. Last for this year. Turn in your bids quickly

so this week one can still do the treasury bill Right... ??

Olaide1295:

I won’t touch that bank with a 10-ft pole. I’ve seen their numbers and it’s not nice. Lots of non performing loans

their interest on loan's is to much... And pple are really defaulting

Gavrelino123:


100k naira

which one be primary market or secondary market for Treasury bills...

Educationalserv:
please do you have the calendar taught it has ended for the year

Ahib, you don come again. See werey wey dey disguise

Tranquility2345:
Ahib, you don come again. See werey wey dey disguise

All this person did was ask a question about calendar, answer the question or keep pushing. quoting unrelated post is just trolling at this point. Live and let live.

Tranquility2345:


Ahib, you don come again. See werey wey dey disguise

Good work.

Hogwarthtrades:


All this person did was ask a question about calendar, answer the question or keep pushing. quoting unrelated post is just trolling at this point. Live and let live.

That's how they will be looking for his trouble, if he react now, you will start to blame him and ask the moderator to ban him

keeper303:


That's how they will be looking for his trouble, if he react now, you will start to blame him and ask the moderator to ban him

No room for tribalism here

Today's expectations

What to expect

emmanuelewumi:




People who live in glass houses should not throw stones.


Focusing on the effects without looking at the cause is not rational.


What happened yesterday was not started by Ahib.


I am sure you don't have a problem when your people attack his people on this thread and when he gives it to you back to back you will then start claiming victims.

Even this old one couldn't hide his own tribalism
How could he have succeeded in hiding something that's naturally part of them?
You fools were lucky i missed this space when it was hot.

ahiboilandgas:
how can decendants of slave be defending royal , warriors you are out of your mind . Ask Reno the Benin Empire raided ibo communities steady and used same to build the Benin walls and export other to slave farm in America and Brazil. You are incapable of defending,protecting the North .

Stinking allahu akbar terrorist, quote me on a dead thread, let's go bomb ourselves there.

Don't reply here, if simple English is easy for you to understand.

ChybuzzDD:


Stinking allahu akbar terrorist, quote me on a dead thread, let's go bomb ourselves there.

Don't reply here, if simple English is easy for you to understand.

Ahib moniker is on a very long term ban that is why he’s trying to use style to come back with that Educational moniker…