₦airaland Forum

bisiswag:
Goodafternoon house. Please per secondary markets. Was anyone debited and not credited? Stanbic IBTC

I walked down straight to Stanbic IBTC branch at Alausa, Ikeja today and the rates given were as indicated below:

91 days = 16.3%

182 days = 17.44%

364 days = 20.6%

Please note that the rates are susceptible to daily changes.

Omonigeriarere:
I walked down straight to Stanbic IBTC branch at Alausa, Ikeja today and the rates given were as indicated below:

91 days = 16.3%

182 days = 17.44%

364 days = 20.6%

Please note that the rates are susceptible to daily changes.

Thanks . I wanted to know if they debit without crediting upfront. I know GTB does that but stanbic has debited me and yet to credit me upfront.

Omonigeriarere:
There is difference between the two statements below bro:

1. You can't bid for primary market unless you have up to N50m.

2. You can't bid for primary market because you don't have up to N50m.


Take things cool bro. Things are hard in the country, but we are all here.

Somethings are logically implied.

If you really thought his bid was up to N50m,
You're trying to tell me that your actual statement to him was:

"Bro, I know your bid is more than N50m, the thing is you can't really set your own bid unless you're doing more than N50m"

On what planet will he not look you with side eye.

Your statement is more like
"Bro, I know your bid is only N10m, the thing is you can't really set your own bid unless you're doing more than N50m"

Only then does it follow.

Omonigeriarere:
I walked down straight to Stanbic IBTC branch at Alausa, Ikeja today and the rates given were as indicated below:

91 days = 16.3%

182 days = 17.44%

364 days = 20.6%

Please note that the rates are susceptible to daily changes.

They're just quoting yesterday's PMA rates.

They're not rates anyone can get at anytime today.

awesomeJ:
Somethings are logically implied.

If you really thought his bid was up to N50m,
You're trying to tell me that your actual statement to him was:

"Bro, I know your bid is more than N50m, the thing is you can't really set your own bid unless you're doing more than N50m"

On what planet will he not look you with side eye.

Your statement is more like
"Bro, I know your bid is only N10m, the thing is you can't really set your own bid unless you're doing more than N50m"

Only then does it follow.

My statement is clear and direct enough for anyone to understand; this epistle does not help in any way.

Nobody assumes that this thread is not good enough for billionaires to be part of as cash and cash equivalent is not the only asset available when it comes to investment.

Stop taking issue out of no issue bro.

Omonigeriarere:
My statement is clear and direct enough for anyone to understand; this epistle does not help in any way.

Nobody assumes that this thread is not good enough for billionaires to be part of as cash and cash equivalent is not the only asset available when it comes to investment.

Stop taking issue out of no issue bro.

No, your statement was based on an assumption otherwise is utterly redundant.


You have to choose between accepting you made a statement based on a faulty assumption


Or
That you made a statement that doesn't follow logic.

You're guilty of at least one.

There's nothing wrong in admitting to mistakes

Omonigeriarere:
There is difference between the two statements below bro:

1. You can't bid for primary market unless you have up to N50m.

2. You can't bid for primary market because you don't have up to N50m.

Take things cool bro. Things are hard in the country, but we are all here.

By the way, there's no difference between these two statements you wrote here.

The fact that you think there's a difference is the basis of your arguments.

There isn't.

awesomeJ:
By the way, there's no difference between these two statements you wrote here.

The fact that you think there's a difference is the basis of your arguments.

There isn't.

There is. You can make further enquiry from your English Teacher.

when is payment for FG SUKUK IV/ INVESTEMENT

apeleone:
What bank did you bid with. I did with Stanbic Ibtc and I haven't been debited also.

I did with Stanbic IBTC too

If they fail to credit me today I will send them a mail tomorrow morning.

Same issue with me,I AV been debited but hasn't been credited

bisiswag:
Thanks . I wanted to know if they debit without crediting upfront. I know GTB does that but stanbic has debited me and yet to credit me upfront.

What are the associated charges and taxes for Treasury primary auction (via GTB)?

House pls help,I just noticed Stanbic as refund d money I bided with but dey debited me safekeeping,TB trans etc

just2endowed:
when is payment for FG SUKUK IV/ INVESTEMENT

It should be on 29/6/24 and that's weekend. So you should be looking at Monday 01/07/2024 or Tuesday.

Pls I still need help with dis or who else is experiencing did

teejay5:
House pls help,I just noticed Stanbic as refund d money I bided with but dey debited me safekeeping,TB trans etc

freeman67:
It should be on 29/6/24 and that's weekend. So you should be looking at Monday 01/07/2024 or Tuesday.

Thanks.

Omonigeriarere:
There is. You can make further enquiry from your English Teacher.

I guess we see things differently then, no big deal.

If Rotten Tomatoes can give Gravity (super boring to me) a 96% rating and Atlas (quite cool) 19%, then obviously as humans we see things differently.

adetunrayo:
Hi Team,

Please has anyone been credited for yesterday's TB auction.

Thank you

Pls I have not been debited over two weeks for a bid could it be the bank which bank is best to do t- bills investment with

heavenisreal18:
Pls I have not been debited over two weeks for a bid could it be the bank which bank is best to do t- bills investment with

See there is nothing wrong for you to contact any bank you invest with either via call or email on the Friday of Auction week or at least Monday of the following week to confirm the status of your TBills subscription.

You can sometimes go out of the box of banks and contact other investment houses too because I don't understand what banks are doing these days. You can contact coronation, Greenwich, Afrinvest etc. Asides primary market, they sometimes some good deals in the secondary market too. You are just emails or calls away most times.

Please is there any bank that displays available secondary market T.Bills rates on its app or online banking platform and also permits customers to invest directly on such platform? If yes, please which bank and via what platform?
Thanks

freeman67:
See there is nothing wrong for you to contact any bank you invest with either via call or email on the Friday of Auction week or at least Monday of the following week to confirm the status of your TBills subscription.

You can sometimes go out of the box of banks and contact other investment houses too because I don't understand what banks are doing these days. You can contact coronation, Greenwich, Afrinvest etc. Asides primary market, they sometimes some good deals in the secondary market too. You are just emails or calls away most times.

Thanks I have been sending mails and making call those accounts officer don't understand their attitude.

awesomeJ:
I guess we see things differently then, no big deal.

If Rotten Tomatoes can give Gravity (super boring to me) a 96% rating and Atlas (quite cool) 19%, then obviously as humans we see things differently.

Please reply my PM.

I just need a 10 mins of your time (quick tutorial).

PraiseDLord:
Please is there any bank that displays available secondary market T.Bills rates on its app or online banking platform and also permits customers to invest directly on such platform? If yes, please which bank and via what platform?
Thanks

Yes. I-Invest is a good platform for that. Check their app on play store. It is owned by sterling bank.

Omonigeriarere:
You can't bid for primary market unless you have up to N50m. The offers by the banks are secondary.

The financial gurus in the house should correct me if I am wrong please.

Lol he can actually with less than 50m

Harddiskng:
Please reply my PM.

I just need a 10 mins of your time (quick tutorial).

Boss,
I replied your email yesterday.
I will do that again now.

heavenisreal18:
Pls I have not been debited over two weeks for a bid could it be the bank which bank is best to do t- bills investment with

You can mail me let's talk better.

awesomeJ:
Boss,
I replied your email yesterday.
I will do that again now.

Senior Man, I didn’t get any email from you yesterday & today.

PraiseDLord:
Please is there any bank that displays available secondary market T.Bills rates on its app or online banking platform and also permits customers to invest directly on such platform? If yes, please which bank and via what platform?
Thanks

Yes, Standard Chartered Bank does through their banks mobile app but for you to access it, you have to set up your Investment risk profile and then you are good to go. Infact, there you will only access not just TBills but also FG Bonds.

You will also see foreign currency bonds listed (both FG Eurobond and other corporate bonds) and Foreign mutual funds which you can only access if you have a compatible settlement (Dorm) account domiciled with them.

teejay5:
House pls help,I just noticed Stanbic as refund d money I bided with but dey debited me safekeeping,TB trans etc

Sorry, I missed this earlier. Just leave the funds there for now. They would carry it when set. Normally, if it's not successful, they will not deduct anything: meaning that even when the whole subscription amount is deducted for custody beforehand, if it's not successful the amount is to be refunded in full. The deductions signify that their bid was successful. Maybe it's some human errors delaying the deductions.


However, since you are anxious and need to clear your doubts, you can still mail/call them for the status of your subscription and request for a proof/certificate of investment if successful. From there, you will be certain and any likely will corrected.

Harddiskng:
Senior Man, I didn’t get any email from you yesterday & today.

You can send to ..

I already did.
Twice

You can just ask here still.

I believe you can find ways to mask any sensitive info you may be trying to avoid exposing.

For instance you could use a fraction or a multiple of the amount involved if you don't want to share the exact amount publicly.

Something like that.

Plus there may be others here who will give you a much better perspective/guidance.