₦airaland Forum

Emzedz:
Wat are d current Rates

14.5 as at today

HazelCanny:
14.5 as at today

For 365 days or 91days tenor

Pls, between TB and Fixed Deposit, which one is advisable to invest on?
Thanks

chimex38:
For 365 days or 91days tenor

14.5% then based on your amount..you can calculate your tenor.

I invested y'day with N3m...199 days.....I got N235,000

Who knows about FBN dollar fund? Pls shed light on it's risk factors

kushy:
Pls, between TB and Fixed Deposit, which one is advisable to invest on?
Thanks

Tbills is always better than fixed deposit in the bank. A better rate most times and upfront payment is associated with Tbills

and

kushy:
Pls, between TB and Fixed Deposit, which one is advisable to invest on?
Thanks

Whats your motive of investing? Some fd can provide interest upfront. We can talk better

chimex38:
For 365 days or 91days tenor

All depends on the tenure.
Rates are dropping as we have seen in previous primary market auction.

Here we go! Rates moves up a bit. Subscription are lower!

Nakedman:
Here we go! Rates moves up a bit. Subscription are lower!

Expected for the longest tenure. Seen also subscription dropped and the system is highly liquid as per report last week

Odunharry:
Expected for the longest tenure. Seen also subscription dropped and the system is highly liquid as per report last week

I await next week's result and see where to go from there. Meanwhile, Mutual funds still at 20%

Please which of the mutual fund managers is the best?

Jane111:
Please which of the mutual fund managers is the best?

FSDH OR STANBIC IBTC FOR ME. You'll get the best answer in Mutual fund thread .

donshady:
I await next week's result and see where to go from there. Meanwhile, Mutual funds still at 20%

Yes mutual funds is around that rate for most mutual funds I have seen

Good morning fam,

I want to invest in T-Bills for a short tenor

I have 1M that I am not really using for now

I want to make use of Stanbic IBTC bank

I hope to do this on Monday

House I am new to this , is there anything I should know ?

Gosh234:
Good morning fam,

I want to invest in T-Bills for a short tenor

I have 1M that I am not really using for now

I want to make use of Stanbic IBTC bank

I hope to do this on Monday

House I am new to this , is there anything I should know ?

Come meet us at this thread https://www.nairaland.com/1912965/mutual-funds/388 to learn as much as you can or ask questions and if interested in Stanbic IBTC mutual funds or similar, nothing wrong using this https://www.stanbicibtcfundsmanagement.com/invest-now-l8yyj3l8 to register also. Mind you, you need not visit the bank at all.

bassdow:
Come meet us at this thread https://www.nairaland.com/1912965/mutual-funds/388 to learn as much as you can or ask questions and if interested in Stanbic IBTC mutual funds or similar, nothing wrong using this https://www.stanbicibtcfundsmanagement.com/invest-now-l8yyj3l8 to register also. Mind you, you need not visit the bank at all.

Thank you so much

Jane111:
Please which of the mutual fund managers is the best?

The word best is relative.

Most people choose fund managers base on some criteria apart from rate. So it depends on what is your priority. Many investors consider:

Customer care service
Easy of navigating their app or portal and user friendliness
Prompt redemption and ease of deposit.
Some consider bank affiliation etc.

From experience it will be difficult to have a manager that will be perfect, so Most times I advise that once you have a good rate at least within the industrial range, all the parties to the fund is confirmed and you are able to deposit/redeem with minimal or no hiccups, you are good to go.

Check the links on my signature to go with stanbic or First Ally you will be fine. You can as well get in touch.

emmasoft:
Tbills is always better than fixed deposit in the bank. A better rate most times and upfront payment is associated with Tbills

It depends on the bank, some give MORE....However one can have in both as a way to diversify

Meanwhile, as rates have been coming down, FGN bond prices have been rising (not unexpected). Most prices are up c9% since February this year

skydiver01:
Hello, you can use FSDH Merchant Bank (First Securities Discount House) as well as others like United Capital, Stanbic etc though I personally like FSDH

Hello everyone
Boss, can you assist and analyse this bond....Wish to know the coupon to get every 6 months

Nominal amount allocated(Maturity value) ....2Million 20k naira

Rate =19:30%

Yield to maturity = 16:50%

Consideration 2M 300k naira

I will be greatful If someone can assist to give me an idea about the coupon.

My confusion is based on the two different rates quoted....it is for 2029 BOND subscription.

What you would get every six month is 19.3% bond coupon annual rate divided by two multiplied by the face (nominal) value (N2,020,000) being N194,930 bi-annually. The lower yield to maturity rate of 16.5% is a reflection of the current bond purchase price which I suspect is cN115. The consideration is also higher than the nominal because there would be approximately four month interest on the bond to pay now which you get back at the next coupon date being 17 November 2025. The bond matures on 17 April 2029.

Hope the above helps

skydiver01:
What you would get every six month is 19.3% bond coupon annual rate divided by two multiplied by the face (nominal) value (N2,020,000) being N194,930 bi-annually. The lower yield to maturity rate of 16.5% is a reflection of the current bond purchase price which I am suspect is around N106.50-N107.50. The consideration is also higher than the nominal because there would be approximately four month interest on the bond to pay now which you get back at the next coupon date being 17 November 2025. The bond matures on 17 April 2029.

Hope the above helps

Yeah. The original coupon interest is used then which is the clarification I seek.

I am greatful for the clarification

efewizey:
Cashapp
Zelle
PayPal
Wellsfargo

All bitcoin enabled and secure transactions available. for more details

Beware of this guy on this thread....

Don't do any business with him. Don't send him crypto or money first

Hi All,
Can people here please confirm which banks or fintech platforms currently or usually have the highest rate for t-bill and also which ones can one operate strictly online via mobile app or website without necessary going to their offices?
Thanks in advance.

Mkin:
Hi All,
Can people here please confirm which banks or fintech platforms currently or usually have the highest rate for t-bill and also which ones can one operate strictly online via mobile app or website without necessary going to their offices?
Thanks in advance.

Use i-invest

I greet you all.. It is no longer news that Tinubu's govt is working hard to broaden our tax network as from January 1st 2026 to all Nigerians, and ensure every Nigerian earning above 800k yearly pays personal income tax (PIT)

Are they also going to tax interest earned from treasury bills investments or dividends from bonds?

Someone with deep knowledge should please enlighten us all.