₦airaland Forum

kristien4:
Stanbic ibtc

Risingcash94:
I have never experienced this with GTB. I always use them

kristien4:
Did GTB pay interest upfront?

enque:
By the time the 91 days elapse and you wanna re-invest, there is a probability that rates might have gone lower for both 91 days and 364 days tenor.

Remember you do not have any control over these rates going up or down.
#My2Cents

petux:
sorry to ask but why would anyone invest in the 364 days @ 18% when they can get just do 91 days @ 15% and even compound the money quickly? or i'm not getting something right?

Odunharry:
Available commercial papers.

Dlm capital and Dangote Sugar Refinery

Alaska90:
Please can you shed more light on this commercial papers. I just got one offer too from Meristem for PAYAZA AFRICA LTD commercial paper. But I will prefer the Dangonte one. Please can you talk about the risk level, yield value vs Discount rate, how to know which company one to buy etc ....just general knowledge please if you can

Odunharry:
Commercial paper is short term unsecured instrument(doesn't exceed a year) issued by corporates to fund short term obligations.. They are issued for various reason. See it as similar to Tbills, but here, it's issued by corporate entities and atimes government . It's one of the most attractive available instrument and they are issued at discounted.
value.

Cp like other investment is not risk free. One is it's not easily tradable before maturity, failure of issuer to pay it's investors etc.

Take Dangote Sugar Refinery for example, it has brand reputation, this is not the first time it's coming out to sell cp, I don't think Dangote has defaulted in payment.

Please conduct your due diligence on the issuer(company), Check your risk appetite also, Check their ratings, financials, reputation, history and seek advice from your financial adviser

Gotocourt:
Mutual funds 🙌, slow and steady 🤷🏿

emmasoft:
With the way inflation numbers are going, expect lower rates everywhere across all fixed income-related investment windows, but DON'T STOP INVESTING, you can only change strategy, don't stop if you still want to win in this investment game

emmasoft:
With the way inflation numbers are going, expect lower rates everywhere across all fixed income-related investment windows, but DON'T STOP INVESTING, you can only change strategy, don't stop if you still want to win in this investment game

kristien4:
pls whats the date for the next primary auction?

skydiver01:
"Why the Drop in FGN Bond Yields Signals a Stronger Economy
...

jedisco:
Not against the narrative of your post but it makes me wonder.

Over the past years whenever rates shot up, we had people chorusing how that was the best for the Nigerian economy saying it'd bring foreign investment. When questions were asked where the money to repay would come from, it was rebuffed. Now the rates are dropping, another group is telling us to be happy. Just wondering how we marry the two.

Secondly, if rates start to rise in say 1yr under this government what would folks now telling us low rates are good say?

emmasoft:
@Jedisco your observation is correct, the truth is that both regime are beneficial but the low rate regime is better because it actually means better value of your currency. The high rate regime benefits those with so called hot money both local and foreign and generally the fixed income investors, low rate benefit is general even the man on the street gets the positve benefits. The equity investors are expected to smile too.

While high rate has some advantages particularly to some segment of investors, the low rate has better and it's prefered.

In all as I will always advice don't stop investing but you can always change strategy.

jedisco:
Not against the narrative of your post but it makes me wonder.

Over the past years whenever rates shot up, we had people chorusing how that was the best for the Nigerian economy saying it'd bring foreign investment. When questions were asked where the money to repay would come from, it was rebuffed. Now the rates are dropping, another group is telling us to be happy. Just wondering how we marry the two.

Secondly, if rates start to rise in say 1yr under this government what would folks now telling us low rates are good say?

emmasoft:
High rate means more money but low value, while low rate less money but more value.

.

Foodempire:
The is my concern, cost of things are not going down but rates are being sliced every two weeks. The price of regular Uber corolla still stands at 9-10m, how are we benefiting from this so called low inflation only stated on paper but not being felt by the citizens?

skydiver01:
....
That said, in general and regardless of what people may be chorusing about (high or low rates), lower rates support real economic growth notably by reducing the cost of capital investments and borrowing. Some refer to this as to support Main Street economic growth (all things being equal because Nigerian commercial banks don't necessarily bring down borrowing rates sufficiently to reflect levels in the bond market)...

jedisco:
.....

Actula drop in prices is called devaluation

skydiver01:
I agree re: reduction in the rate (pace) of price increases and I think you meant to say actual drop in prices is called deflation

Odunharry:
Against tomorrow's NTB Auction.. Place your bid with your account officer on time

Rejoize:
Can you please explain how I can place a bid at the primary auction.My account officer has been blocking my effort to by TB for months now. She is pitching fixed deposit to me which I'm not intrested in.
Is there any other way I can go about this.

enque:
Tb rates 22/10/25