₦airaland Forum

athorello:
How do I start tbills, I have 2 meters lying fallow in Stanbic.

freemindcity:
Please how do you do it ecobank is doing me as if they do not understand what is tbill

freemindcity:
Please how do you do it ecobank is doing me as if they do not understand what is tbill

enque:
sorry to ask this but how is investment one able to do 23.58%?

DonnyE:
Hello, please Stanbic charged me additional 10k plus as 'safekeep' charge for T.B of just 2M. I have been investing in T.B and I am shocked at this. Is it normal please?

Nakedman:
Auction Result. 21% crazy.

Akerewe:
Just now

Nakedman:
Auction Result. 21% crazy.

Acidosis:
What's the real motive behind this high interest rate?

Itsrm:
It's working. Far less naira is chasing the dollar. Dollar will need to move from 1600 to 2000 for it to be better than current TB rates within the next one year.

What I don't seem to understand is this. They mop up the money this year, are they also going to mop it up next year with high interest rates when it matures?

Nakedman:
Auction Result. 21% crazy.

debbydee:
Good evening . Congrats on this. What do you suggest I do as I was not able to get the primary offer.
Should I go ahead with the secondary rate?

Thanks.

Also what bank did you use?

Acidosis:
How so? $1 is currently over N1,600.



Interesting question. I'm wondering what the FG/CBN intends to do with the trillions of Naira though.

Although I don't agree that mopping up Naira through FDs or bonds can curb inflation in a country like Nigeria, I get the whole textbook justification for mopping up funds. But, I'm just wondering what would be done with this cash.

Sometime in 2022, The Cable reported in a caption that "FG to repay N20trn 'Ways and Means' loans with treasury bills." During the same regime, FG also reported using TBs for infrastructure.

Itsrm:
The rate has been stable. And I can confirm that a lot of people are diverting money meant for dollar purchase to Tbills.

Acidosis:
Run ooo

Itsrm:
The rate has been stable. And I can confirm that a lot of people are diverting money meant for dollar purchase to Tbills.

Akerewe:
Run for what pls enlighte us!

Itsrm:
The rate has been stable. And I can confirm that a lot of people are diverting money meant for dollar purchase to Tbills.

Acidosis:
What's the real motive behind this high interest rate?

debbydee:
Good evening . Congrats on this. What do you suggest I do as I was not able to get the primary offer.
Should I go ahead with the secondary rate?

Thanks.

Also what bank did you use?
Go with secondary offer.

My advice

Itsrm:
The rate has been stable. And I can confirm that a lot of people are diverting money meant for dollar purchase to Tbills.

ogawisdom:
Exactly 💯 I am diverting my money meant for USD speculation already to TB but won't accept anything less than 21%

Acidosis:
I didn't mean to scare anyone. I'm just not a fan of extended tenures, e.g., 5-20 years.

Godspeed0:
i though tbill is a year something abi it don turn monthly something everybody just dey ask for next aution make i follow join

Chikebrain:
You can subscribe every 2 weeks for primary market with tenure ranging from 3months to 6 months to 1yr or subscribe daily (Monday to Friday) via the secondary market