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Treasury Bills In Nigeria - Investment (2311) - Nairaland

Nairaland ForumNairaland GeneralInvestmentTreasury Bills In Nigeria (5649675 Views)

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Re: Treasury Bills In Nigeria by yekini007(m): 2:01pm On Jun 04, 2025
I need ur help on FBNQUEST have register but is showing this error please what can I do ...?

Re: Treasury Bills In Nigeria by enque(f): 2:34pm On Jun 04, 2025
When did you register?
Did you get a confirmation email from the cc team that your account setup/onboarding has been completed?


yekini007:
I need ur help on FBNQUEST have register but is showing this error please what can I do ...?
Re: Treasury Bills In Nigeria by Jeoma2024: 6:55pm On Jun 04, 2025
enque:
When did you register?
Did you get a confirmation email from the cc team that your account setup/onboarding has been completed?
the same issue I am having

I am tired already
Re: Treasury Bills In Nigeria by Odunharry(m): 7:11pm On Jun 04, 2025
Biko any update on PMA result
Re: Treasury Bills In Nigeria by yekini007(m): 7:50pm On Jun 04, 2025
enque:
When did you register?
Did you get a confirmation email from the cc team that your account setup/onboarding has been completed?
Yes I got confirmation email
Re: Treasury Bills In Nigeria by Odunharry(m): 11:05pm On Jun 04, 2025
Auction Result

Re: Treasury Bills In Nigeria by apeleone(f): 8:18am On Jun 05, 2025
Please was Stanbic ibtc bid yesterday successful?
Re: Treasury Bills In Nigeria by Pierce008: 9:16am On Jun 05, 2025
yekini007:
I need ur help on FBNQUEST have register but is showing this error please what can I do ...?
When you registered on the app without going through the customer care via email, this is usually what is displayed.

To full activate the account, you can reach out to customer care via email.

Note: This process might take up to two weeks (Personal Experience)
Re: Treasury Bills In Nigeria by tabithababy(f):
lipsrsealed
Re: Treasury Bills In Nigeria by Educationalserv: 11:04am On Jun 05, 2025
tabithababy:
Good morning everyone, please how many hours or days before I get credited after a year treasury billhuh
Credit on the day of Maturity
Example from 06/06 /2024 - 05/06/2025
Re: Treasury Bills In Nigeria by Dawson126: 1:45pm On Jun 05, 2025
Educationalserv:
Credit on the day of Maturity
Example from 06/06 /2024 - 05/06/2025
Good afternoon sir. Please I would like to be put through this treasury bill and how to set my feet solid on it. Thank you. I will send you an email now
Re: Treasury Bills In Nigeria by Chriswazo(m): 1:59pm On Jun 05, 2025
Hello

Anyone using Blunest Stanbic IBTC to invest in T.B?

Do they open a cscs account as a premium user or is CSCS not mandatory to invest in TB?
Re: Treasury Bills In Nigeria by Educationalserv: 2:47pm On Jun 05, 2025
Dawson126:
Good afternoon sir. Please I would like to be put through this treasury bill and how to set my feet solid on it. Thank you. I will send you an email now
please everything is on this Forum read through
Re: Treasury Bills In Nigeria by Odunharry(m): 3:12pm On Jun 05, 2025
Chriswazo:
Hello

Anyone using Blunest Stanbic IBTC to invest in T.B?

Do they open a cscs account as a premium user or is CSCS not mandatory to invest in TB?
Cscs is not mandatory for tbills. Open an account with them or reach out to your bank
Re: Treasury Bills In Nigeria by Chriswazo(m): 3:36pm On Jun 05, 2025
Odunharry:
Cscs is not mandatory for tbills. Open an account with them or reach out to your bank
Okay, i see,

Is necessary for Bonds.

I am trying to open the stuff with Stanbic online but then it keeps showing me something went wrong.

I contacted them via email and they offered me an option of paper fill but that i will have to pay 1mil 1st to their position.

My question now is, if I credit them the 1 million and the account is opened, can I withdraw my fund back and invest how much I want is the 1 mil the minimum operating balance? So I can't withdraw it
Re: Treasury Bills In Nigeria by GMs:
Hi everyone, My account officer has just sent me a message that my TB is successful, I have also had confirmation email from my bank, he has however re invested the interest. This was not the plan, nor was it stated in the request email I sent to the bank through him. I am upset as to why he has done that without consulting me or asking if I wanted the interest investment or paid to me. During one of our calls I mentioned to him that once successful I should be credited the interest as I need it to sort out something this week. Please has anyone ever experienced this, how were you able to resolve this please. This is my first time of doing TB
Re: Treasury Bills In Nigeria by kristien4(m): 5:57pm On Jun 05, 2025
GMs:
Hi everyone, My account officer has just sent me a message that my TB is successful, I have also had confirmation email from my bank, he has however re invested the interest. This was not the plan, nor was it stated in the request email I sent to the bank through him. I am upset as to why he has done that without consulting me or asking if I wanted the interest investment or paid to me. During one of our calls I mentioned to him that once successful I should be credited the interest as I need it to sort out something this week. Please has anyone ever experienced this, how were you able to resolve this please. This is my first time of doing TB
Which bank?
Re: Treasury Bills In Nigeria by freeman67: 8:33pm On Jun 05, 2025
GMs:
Hi everyone, My account officer has just sent me a message that my TB is successful, I have also had confirmation email from my bank, he has however re invested the interest. This was not the plan, nor was it stated in the request email I sent to the bank through him. I am upset as to why he has done that without consulting me or asking if I wanted the interest investment or paid to me. During one of our calls I mentioned to him that once successful I should be credited the interest as I need it to sort out something this week. Please has anyone ever experienced this, how were you able to resolve this please. This is my first time of doing TB
Sorry about that. Maybe he mistook do not invest the internet for invest instead.

If not your urgent need for the money, I would have said if the interest was invested at same bank rate with the principal and the interest tallies, you should just leave it to run.

I said the above because back then, my TB was once reinvest at maturity even when I asked them to drop it in my account. I was furious with the First Bank branch. Then first contact (Their Customer Care HQ) was still very effective. I mailed them and got a call from them that I should go and meet the manager of the branch. When I got there, she tried to convince me to let it run and insisted I needed my money.

Long story short, it was later resolution at the prevailing market rate which was not upto the rate it was initially invested. Thus, I lost a few coins on and still had a tainted relationship because I was seen to be rigid in my stance.
Re: Treasury Bills In Nigeria by gentlerossy1: 10:15pm On Jun 05, 2025
Good evening all.
Please for a TB of 3,700,000 @18.5% for 364 days. The interest is also invested, how much should be expected at maturity?
Re: Treasury Bills In Nigeria by gentlerossy1: 10:18pm On Jun 05, 2025
TB gurus, which is more profitable.
1. Investing capital and interest.
2. Getting the interest upfront and reinvesting separately.
Thank you
Re: Treasury Bills In Nigeria by Odunharry(m): 10:37pm On Jun 05, 2025
Chriswazo:
Okay, i see,

Is necessary for Bonds.

I am trying to open the stuff with Stanbic online but then it keeps showing me something went wrong.

I contacted them via email and they offered me an option of paper fill but that i will have to pay 1mil 1st to their position.

My question now is, if I credit them the 1 million and the account is opened, can I withdraw my fund back and invest how much I want is the 1 mil the minimum operating balance? So I can't withdraw it
I don't use stanbic but account opening is suppose to be free.
Afterwards, you can deposit amount you want to invest with them
Re: Treasury Bills In Nigeria by Odunharry(m): 10:38pm On Jun 05, 2025
gentlerossy1:
TB gurus, which is more profitable.
1. Investing capital and interest.
2. Getting the interest upfront and reinvesting separately.
Thank you
Both are almost similar but I prefer the former. I just go for interest at maturity and whatever yield is what will apply on my principal amount.
Re: Treasury Bills In Nigeria by Odunharry(m): 10:42pm On Jun 05, 2025
gentlerossy1:
Good evening all.
Please for a TB of 3,700,000 @18.5% for 364 days. The interest is also invested, how much should be expected at maturity?
Principal of 3.7 should give 3,700,000*364*18.5/36500=682,624.66.

The interest will also depends on the rate it was booked if it's same rate, you can use above calculation and replace 3.7m with 682k. Also bear in mind there's 10%WHT on the interest amount.

But wait o, which company gave you 18.5% is it primary market?
Re: Treasury Bills In Nigeria by Odunharry(m): 10:43pm On Jun 05, 2025
freeman67:
Sorry about that. Maybe he mistook do not invest the internet for invest instead.

If not your urgent need for the money, I would have said if the interest was invested at same bank rate with the principal and the interest tallies, you should just leave it to run.

I said the above because back then, my TB was once reinvest at maturity even when I asked them to drop it in my account. I was furious with the First Bank branch. Then first contact (Their Customer Care HQ) was still very effective. I mailed them and got a call from them that I should go and meet the manager of the branch. When I got there, she tried to convince me to let it run and insisted I needed my money.

Long story short, it was later resolution at the prevailing market rate which was not upto the rate it was initially invested. Thus, I lost a few coins on and still had a tainted relationship because I was seen to be rigid in my stance.
With investment firm, I think It easier to just reverse and give you your interest as requested.

Sorry about that experience
Re: Treasury Bills In Nigeria by gentlerossy1: 10:59pm On Jun 05, 2025
First Bank ooo. It's primary market. Too poor. Even the secondary market I did with Dem I got 18.7
Odunharry:
Principal of 3.7 should give 3,700,000*364*18.5/36500=682,624.66.

The interest will also depends on the rate it was booked if it's same rate, you can use above calculation and replace 3.7m with 682k. Also bear in mind there's 10%WHT on the interest amount.

But wait o, which company gave you 18.5% is it primary market?
Re: Treasury Bills In Nigeria by Odunharry(m): 11:13pm On Jun 05, 2025
gentlerossy1:
First Bank ooo. It's primary market. Too poor. Even the secondary market I did with Dem I got 18.7
Not close to stop rate of yesterday's auction
Re: Treasury Bills In Nigeria by Damolux01(m): 12:15am On Jun 06, 2025
gentlerossy1:
First Bank ooo. It's primary market. Too poor. Even the secondary market I did with Dem I got 18.7
Very poor. We are in thesame shoes.
Re: Treasury Bills In Nigeria by Jeoma2024: 12:40pm On Jun 06, 2025
yekini007:
I need ur help on FBNQUEST have register but is showing this error please what can I do ...?
I just noticed a form was sent to me via email

You need to complete the sign up manually

You print out the form, fill it then sent to their email

I will be doing mine next week if I am chanced

Check your email
Re: Treasury Bills In Nigeria by Jeoma2024: 12:53pm On Jun 06, 2025
Damolux01:
Very poor. We are in thesame shoes.
wow, the same first bank give me 18% yesterday

It seems rate differ from branch to branch
Re: Treasury Bills In Nigeria by kristien4(m): 2:55pm On Jun 06, 2025
Anyone bid with stanbic?? Was it successful??
Re: Treasury Bills In Nigeria by yekini007(m):
Jeoma2024:
I just noticed a form was sent to me via email

You need to complete the sign up manually

You print out the form, fill it then sent to their email

I will be doing mine next week if I am chanced

Check your email
Thanks Bro .... I didn't receive any emails that attached form... Please can i have a copy of the form ...... Please 🙏

God Bless You 🙏
Re: Treasury Bills In Nigeria by Damolux01(m): 11:25pm On Jun 06, 2025
Jeoma2024:
wow, the same first bank give me 18% yesterday

It seems rate differ from branch to branch
18% or 18.5%?
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