₦airaland Forum

Hello house, Good Evening, I have been looking for update on FGN Saving bonds for August I couldn't find any. Can anyone help me out?

Nakedman:
Hello house, Good Evening, I have been looking for update on FGN Saving bonds for August I couldn't find any. Can anyone help me out?

No listing by DMO yet.

Hi everyone. Can anyone recommend a good investment company/stock broker involved in treasury bills? I'm getting tired of GTB and their shenanigans.

Manutd19:
I plan to invest in treasury bills this week.

Please, which bank is the best to patronize? I bank with GTB, First Bank, Zenith and Access.

Thanks guys

Remove Zenith from there and add Stanbic IBTC instead. I still dey look access with one Kain eye too. I no know how they be now sha. So if it is the option you choose, first of all go and discuss with them to know what charge could come. The rests are good to go with.

Nakedman:
Hello house, Good Evening, I have been looking for update on FGN Saving bonds for August I couldn't find any. Can anyone help me out?

No plan for auction has been announced to the public yet. Maybe it's because of all these protests happening for now or maybe they don't need the money yet.

bfn1:
No listing by DMO yet.

Okay. Thank you.

freeman67:
No plan for auction has been announced to the public yet. Maybe it's because of all these protests happening for now or maybe they don't need the money yet.

Okay thanks

freeman67:
Remove Zenith from there and add Stanbic IBTC instead. I still dey look access with one Kain eye too. I no know how they be now sha. So if it is the option you choose, first of all go and discuss with them to know what charge could come. The rests are good to go with.

Thank you

Treasury Bills as you Go.

You can subscribe for TBills in the secondary auction on Investment One app.

Take advantage of the fact that new and existing customers can now participate using the app.

Chat me up if you need clarifications on how to start.

Nakedman:
Hello house, Good Evening, I have been looking for update on FGN Saving bonds for August I couldn't find any. Can anyone help me out?

Wait till next week

alezzy13:
Hi everyone. Can anyone recommend a good investment company/stock broker involved in treasury bills? I'm getting tired of GTB and their shenanigans.

You can send me a mail or chat/call zero 9 zero 7005.. 8289

alezzy13:
Hi everyone. Can anyone recommend a good investment company/stock broker involved in treasury bills? I'm getting tired of GTB and their shenanigans.

Though I don't use them personally but I know of Afrivest, and if not mistaken companies that offer FG savings bond will also provide TB subscription. However I think their charges tend to be higher than banks.

Btw whats the issue with Gtb? I've used them many years now and they've been ok.

emmasoft:
Treasury Bills as you Go.

You can subscribe for TBills in the secondary auction on Investment One app.

Take advantage of the fact that new and existing customers can now participate using the app.

Chat me up if you need clarifications on how to start.

Hmm. Investment one also? That's good. I used to have an account before the transition to GTco. Will it still be valid?

bjtinz:
Hmm. Investment one also? That's good. I used to have an account before the transition to GTco. Will it still be valid?

Investment One has always been involved in Tbills, it's just that this time, it has become part of their app and customers can now do it on their own.

Your account is still valid. Log in through the web portal using your customer number or registered email. Once you confirm that, you can download the app and log in with the same credentials. You don't need a fresh registration.

bjtinz:
Hmm. Investment one also? That's good. I used to have an account before the transition to GTco. Will it still be valid?

Message on WhatsApp or text your registered email or phone. 09070.... 058.... 289

Or download the app and follow the steps emmasoft mentioned

Odunharry:
Wait till next week

Alright.

awesomeJ:
28.4% yield!!!
I wonder if we've ever had it higher.

Current stop rate is still 22% though. Now, I have a question bosses. If an investment of #20m in April at 20%, with an upfront interested already paid, is now to be terminated at the current rate. Will it be terminated at the current yield rate or the one it was when invested?

emmasoft:
Investment One has always been involved in Tbills, it's just that this time, it has become part of their app and customers can now do it on their own.

Your account is still valid. Log in through the web portal using your customer number or registered email. Once you confirm that, you can download the app and log in with the same credentials. You don't need a fresh registration.

Ok thanks

Odunharry:
Message on WhatsApp or text your registered email or phone. 09070.... 058.... 289

Or download the app and follow the steps emmasoft mentioned

You're also with investment one?

bjtinz:
You're also with investment one?

Yes

Just got information from Stanbic IBTC that primary bid was not successful, how true is it?

Damolux01:
Current stop rate is still 22% though. Now, I have a question bosses. If an investment of #20m in April at 20%, with an upfront interested already paid, is now to be terminated at the current rate. Will it be terminated at the current yield rate or the one it was when invested?

It has dropped slightly in this week's auction. It's now 21.888....

Chinedu81:
Just got information from Stanbic IBTC that primary bid was not successful, how true is it?

It may be that they bidded higher and could not get. They are the only ones that can tell you the truth. Except you see someone that bidded in another of their branch and it was successful.

GTBank offered me 20.5% today

Manutd19:
GTBank offered me 20.5% today

Please is it primary or secondary market?

vanvickie:
Please is it primary or secondary market?

Secondary

Please guys I bank with fidelity bank. Never had anyone talk about them.

Do they do Treasury bills or I should look for other bank. Thanks

Manutd19:
Secondary

Duration?

Good evening everyone, someone sent me a list of secondary market tbills with there tenor and I saw the 13 days tenure at 17.55%, is that really true? I refuse to believe the rate could be that high, house please advise me because I plan on putting all my life savings on this. Thanks

petux:
Good evening everyone, someone sent me a list of secondary market tbills with there tenor and I saw the 13 days tenure at 17.55%, is that really true? I refuse to believe the rate could be that high, house please advise me because I plan on putting all my life savings on this. Thanks

Just to clarify, I hope you know that rate is per annum. In 13 days, you’ll only get ~17.55%*(13/365) = 0.2689% of your investment face value minus fees and charges. So, if you invest N100m, you’ll get less than N268,900.

17.55%x13/365xN100m is N625,068

presiade:
Just to clarify, I hope you know that rate is per annum. In 13 days, you’ll only get ~17.55%*(13/365) = 0.2689% of your investment face value minus fees and charges. So, if you invest N100m, you’ll get less than N268,900.

skydiver01:
17.55%x13/365xN100m is N625,068

Yes, you're right; I only did a rough calculation to inform him. Morever, a figure 6 still appeared in the rough answer.