₦airaland Forum

Odunharry:
I can guide you on how you can start investing in treasury bills.

You can reach out to me on 09070058289

WhatsApp?

Tolu2024:
WhatsApp?

Yes please

Which of the following investments below would you advise I go into next . I’m thinking of the cowrywise investment. Is cowrywise investment legit and can they stand the test of time?

Tolu2024:
WhatsApp?

Be careful. Everything you need to invest is here on the thread, only if you're not too lazy to read.

richgang:
Which of the following investments below would you advise I go into next . I’m thinking of the cowrywise investment. Is cowrywise investment legit and can they stand the test of time?

please what app/website is this?

kristien4:
please what app/website is this?

Cowrywise

USA2019:
Be careful. Everything you need to invest is here on the thread, only if you're not too lazy to read.

Can’t start to read over 3000 pages and moreover I am not investing or sending my money to someone I don’t know if it’s not bank . 🏦

Think smarter! This platform has a search engine/box that can help you learn if you know how to use keywords! Anyway, as I said earlier, only if you're not lazy to read. Good luck.

Tolu2024:
Can’t start to read over 3000 pages and moreover I am not investing or sending my money to someone I don’t know if it’s not bank . 🏦

USA2019:
Be careful. Everything you need to invest is here on the thread, only if you're not too lazy to read.

What if it's the same person?

E dey happen

Youngzedd:
What if it's the same person?

E dey happen

It's highly possible, MH is a real hustle.

Hello People, The Principal amount i invested for treasury bill will be paid soon.
Please i saw on piggy vest that i can safe lock about 2M for a year with 21% interest paid upront?
My question is, is it better than treasury bill with the present intrest rate and Is it safe to invest with Piggy vest?
I look forward to hearing from you all.

Tolu2024:
WhatsApp?

Hi Tolu. Did you finally bid for today's PMA.

emdeeCreativeW:
Hello People, The Principal amount i invested for treasury bill will be paid soon.
Please i saw on piggy vest that i can safe lock about 2M for a year with 21% interest paid upront?
My question is, is it better than treasury bill with the present intrest rate and Is it safe to invest with Piggy vest?
I look forward to hearing from you all.

You decide which you want. Investing in Tbills is safer

emdeeCreativeW:
Hello People, The Principal amount i invested for treasury bill will be paid soon.
Please i saw on piggy vest that i can safe lock about 2M for a year with 21% interest paid upront?
My question is, is it better than treasury bill with the present intrest rate and Is it safe to invest with Piggy vest?
I look forward to hearing from you all.

with treasury bills, you can sleep with both eyes closed.

kristien4:
with treasury bills, you can sleep with both eyes closed.

LoL 🤣, but with other investment , you MUST open one of your eye's when sleeping otherwise oti lo 😜

Odunharry:
Hi Tolu. Did you finally bid for today's PMA.

So there's auction today?
Rate?

oluayebenz:
So there's auction today?
Rate?

Any update regarding the rate?

Today rate 26 March

Please i have a question to our financial gurus if someone invest 2m with 364 ternor what will be his interest. Secondly how do they pay the interest? I would appreciate una kind response

oluayebenz:
So there's auction today?
Rate?

90days and 182days rate retained. Dropped slightly for the 364days.

You didnt state the interest rate for the tenor you quoted.

doublechief96:
Please i have a question to our financial gurus if someone invest 2m with 364 ternor what will be his interest. Secondly how do they pay the interest? I would appreciate una kind response

enque:
You didnt state the interest rate for the tenor you quoted.

Going with the current stop rate 19.94%

I need more clarification regarding this just sent you an email.

Odunharry:
90days and 182days rate retained. Dropped slightly for the 364days.

My account officer failed me o
He insisted there's no auction this week?

Will there be auction next week April2?

oluayebenz:
My account officer failed me o
He insisted there's no auction this week?

Will there be auction next week April2?

Most of the account officers are inexperienced. Mine made me to lost about a million naira. I was not advised properly.

doublechief96:
Today rate 26 March

1 year tenor last year was 26.76% and Gtbank gave almost 19% for 1 year tenor.
This year 24.42%, i wonder what Gtbank will give for 1 year tenor for secondary market.
The Fintech App interest rates are eye catchy.
1 year for fair money microfinance bank is 28%
1 year for Piggy vest is 21%

enque:
You didnt state the interest rate for the tenor you quoted.

Please check your email.

emdeeCreativeW:
1 year tenor last year was 26.76% and Gtbank gave almost 19% for 1 year tenor.
This year 24.42%, i wonder what Gtbank will give for 1 year tenor for secondary market.
The Fintech App interest rates are eye catchy.
1 year for fair money microfinance bank is 28%
1 year for Piggy vest is 21%

-3% is not too much to pay for the safety of your investment

jeffdaniel:
Most of the account officers are inexperienced. Mine made me to lost about a million naira. I was not advised properly.

Just imagine o

Hello everyone pls I have some questions

I understand how secondary market works which is what I have been doing
Now I want to go for primary rate my questions are as follows

Based on the last auction result picture
What’s the meaning of the offer,subscription, allotment
Also why is true yield rate not used instead of current stop rates
If I want to invest 100m for 365 and on this very list we have 80m for 91 days,120m for 182days, and 500,000,000,000
Will I still be able to invest 100m for 365 days when that exact amount isn’t on the document
Also my account officer said there are no guarantees my bid will be successful and my bank which is Providus also says I have to pick just one rate for them to bid at
I thought I could pick a range
I have asked to speak with someone in the tbills dept but there has been no response

If I could get a clearer picture from experienced people here I will be grateful

Attached image is the last auction rate

Offer: The amount the CBN intends to sell or puts on offer.
Subscription: The amount that people actually requested for.
Allotment: The amount the CBN finally issues and got.

Yield is the equivalent of the rate you get if your interest is paid at the end of your investment tenor (90-, 180-, 0r 364-day). The stop rate is the maximum (cutoff) interest rate that the CBN was willing to sell to bidder. Some bidders must have made bids below and some others above the stop rate, but he CBN only decides what rate they would not go beyond based on the various bids they received and the amount they want to raise. The stop rate is the equivalence of your annual interest rate that you'd normally get after your investment tenor. '

You must pick a definitive rate because the bank must specify to the CBN what rate they are bidding at--they cannot give a range.

omotola224:
Hello everyone pls I have some questions

I understand how secondary market works which is what I have been doing
Now I want to go for primary rate my questions are as follows

Based on the last auction result picture
What’s the meaning of the offer,subscription, allotment
Also why is true yield rate not used instead of current stop rates
If I want to invest 100m for 365 and on this very list we have 80m for 91 days,120m for 182days, and 500,000,000,000
Will I still be able to invest 100m for 365 days when that exact amount isn’t on the document
Also my account officer said there are no guarantees my bid will be successful and my bank which is Providus also says I have to pick just one rate for them to bid at
I thought I could pick a range
I have asked to speak with someone in the tbills dept but there has been no response

If I could get a clearer picture from experienced people here I will be grateful

Attached image is the last auction rate

USA2019:
Offer: The amount the CBN intends to sell or puts on offer.
Subscription: The amount that people actually requested for.
Allotment: The amount the CBN finally issues and got.

Yield is the equivalent of the rate you get if your interest is paid at the end of your investment tenor (90-, 180-, 0r 364-day). The stop rate is the maximum (cutoff) interest rate that the CBN was willing to sell to bidder. Some bidders must have made bids below and some others above the stop rate, but he CBN only decides what rate they would not go beyond based on the various bids they received and the amount they want to raise. The stop rate is the equivalence of your annual interest rate that you'd normally get after your investment tenor. '

You must pick a definitive rate because the bank must specify to the CBN what rate they are bidding at--they cannot give a range.

Thank you so much
I appreciate the explanation
I understand better now

Got 19.09% from Stanbic today. 365days. Sighs