₦airaland Forum

ibechris:
Are u sure of ur first paragraph about withholding tax?

Yeah, am sure

gare2510:
Pls. has anyone who did primary market TB with stanbic IBTC received upfront interest?

Did your bid go through?

First bank and stanbic customers

Did your bid go through in the last primary market auction?

Yes, I have received my upfront

koreanlord:
Did your bid go through?

gare2510:
Yes, I have received my upfront

wow...

1. What rate did you get?

2. did you send them a followup message after submitting the subscription form?

21.3%

koreanlord:
wow...

1. What rate did you get?

2. did you send them a followup message after submitting the subscription form?

Yes FBN @ 20.3%

koreanlord:
First bank and stanbic customers

Did your bid go through in the last primary market auction?

When it fails like this what do they expect you to do? How long will it take them to bid again?

Mills55:
Stanbic 364 days failed. I have been refunded. You can check your account balance too.

If bids keep failing like this, it's better one goes with secondary market then. Please, whi has the rate for 365 primary and secondary. Let me compare and contrast.

Damolux01:
If bids keep failing like this, it's better one goes with secondary market then. Please, whi has the rate for 365 primary and secondary. Let me compare and contrast.

send an email to the bank ........for rates....

Which is better tbill or mutual funds?

Damolux01:
If bids keep failing like this, it's better one goes with secondary market then. Please, whi has the rate for 365 primary and secondary. Let me compare and contrast.

My bid keeps failing over two weeks now will i be the one to suggest to my account officer to do secondary for me, account officer said I should do fixed deposit

heavenisreal18:
Is like some of this bank intentionally does this or they don't know much about it, I have put in for this over two weeks now ,yet to be debited

Stanbic is does that a lot, something told me to try first bank plc and my bidding went tru on the 22nd

uwaifou:
Stanbic is does that a lot, something told me to try first bank plc and my bidding went tru on the 22nd

First bank is great when it comes to Primary Auction. I got 20% from Stanbic ibtc in the Secondary market.

Stanbic IBTC has just introduced a DIY platform (a website called blunest(dot)stanbicibtcassetmanagement(dot)com) where you can invest in Mutual Funds, TB, CP, local and foreign bonds when and where available. You guys should look out for it.

freeman67:
Stanbic IBTC has just introduced a DIY platform (a website called blunest(dot)stanbicibtcassetmanagement(dot)com) where you can invest in Mutual Funds, TB, CP, local and foreign bonds when and where available. You guys should look out for it.

I got the information in my mail but taking patience to see if anyone is using it yet. That's a good step forward from stannic ibtc

Nakedman:
I got the information in my mail but taking patience to see if anyone is using it yet. That's a good step forward from stannic ibtc

Yes. They sent the message to all their existing customers. All existing Asset Management customer can log in with their details without creating new account.

It just came on board so you may not find users immediately. For now (as at last night) it's only 3 TB's offers that's displayed there. Then you also access your existing Mutual Funds and subscribe new ones from there.

freeman67:
Yes. They sent the message to all their existing customers. All existing Asset Management customer can log in with their details without creating new account.

It just came on board so you may not find users immediately. For now (as at last night) it's only 3 TB's offers that's displayed there. Then you also access your existing Mutual Funds and subscribe new ones from there.

Can't validate OTP to login here. It keeps showing errors.
.
.
.

Now working. I had to switch to desktop view.

freeman67:
Stanbic IBTC has just introduced a DIY platform (a website called blunest(dot)stanbicibtcassetmanagement(dot)com) where you can invest in Mutual Funds, TB, CP, local and foreign bonds when and where available. You guys should look out for it.

wow...looks good...I just checked now

That means we can now DIY the secondary market without having to visit the bank..

heavenisreal18:
My bid keeps failing over two weeks now will i be the one to suggest to my account officer to do secondary for me, account officer said I should do fixed deposit

Instead of investing in a fixed deposit, do MMF.

FD is the last resort like it's not worth it.

Allboiz:
Can't validate OTP to login here. It keeps showing errors.
.
.
.

Now working. I had to switch to desktop view.

It may be your network or your browser. It one hand with the OTP when I tried it.

koreanlord:
wow...looks good...I just checked now

That means we can now DIY the secondary market without having to visit the bank..

Yes ooo.

freeman67:
Yes. They sent the message to all their existing customers. All existing Asset Management customer can log in with their details without creating new account.

It just came on board so you may not find users immediately. For now (as at last night) it's only 3 TB's offers that's displayed there. Then you also access your existing Mutual Funds and subscribe new ones from there.

Exactly 💯

Can someone else confirm the stanbic investment site.

Thanks

Has anyone tried to invest for TB via the new Stanbic platform?

Youngzedd:
Instead of investing in a fixed deposit, do MMF.

FD is the last resort like it's not worth it.

How do I do MMF, which bank does this
Is it low risk like T-bills
My bank has refused to bid for me even in secondary over three weeks of send messages

heavenisreal18:
How do I do MMF, which bank does this
Is it low risk like T-bills
My bank has refused to bid for me even in secondary over three weeks of send messages

Contact FBNQuest or AXA MANSARD for Money Market Funds


Any of the two will do.

freeman67:
It may be your network or your browser. It one hand with the OTP when I tried it.

While trying to go through Tbills on the app, I observed they won't pay you an upfront interest. Any info about this?

Allboiz:
While trying to go through Tbills on the app, I observed they won't pay you an upfront interest. Any info about this?

I don't know why they designed it that way. However, it's simple Just calculate it yourself and remove what's to be the upfront.

Personally I like it that way. It's a form of reinvestment of interest with the investment and it will make you get exact yield.

freeman67:
I don't know why they designed it that way. However, it's simple Just calculate it yourself and remove what's to be the upfront.

Personally I like it that way. It's a form of reinvestment of interest with the investment and it will make you get exact yield.

Thanks 🙏

heavenisreal18:
How do I do MMF, which bank does this
Is it low risk like T-bills
My bank has refused to bid for me even in secondary over three weeks of send messages

It is low risk and you do it all by yourself...

Click on the link in my signature to get started... It's easy and straightforward

The MMF rate is at 21.68% today

Do I need to open stantic account first because I don't have stanbic account