Naijainvestor:


One of the determinants of TB rates is

freeman67:


After the auction and your bank or investment house is successful, they'l take the fund and return the interest to ur account...at the expiration of that 91days the face value of ur investment is what will be paid back to you.

Meaning if you invest 1 mill.. And ur bid at 10% is successful, they'll take 975k and refund you 25k then after 91 days they'll pay you back 1mill.

Note: From the 25k I'll pay small amount for Custody fee and transaction fee.

My little contribution

feelamong:


If you invest 500k in 15.54% FGN 2020 you will be paid interest of approx 38,850 twice a year.. for the next 4 and half years (pls note that this is not an exact figure...)

Chillisauce:


What is disappointing. ?
Did you assign paid prof to make the calculation for you?
Or is it disappointing you cant get your economics textbook to answer the question?

Nigerians and entitlement.

unite4real:


since the payment is a semi annually bullet payment and the bond is FEB2020. you most likely receive your first coupon interest in February 2016. the next one in August 2016. Next one will be February 2017 and so on until you get your final interest and principal in February 2020.

Total interest will be 9 times.

I hope i have assisted in my own little way

neroflo57:


thanks man...really helpful .

Daddi:
Hi, I made an enquiry from you, about bonds. Have been expecting a reply, pls respond. Thanks in advance



pls I want to invest in FG bond for 16th sept
2015, for the 5yrs(4.5yrs) duration but what I
want to understand in a lay-man's knowledge is;
if i subscribe for that of N500,000 how much
(the amount) 'll be my interest if the percentage
is like 15.54% for instance. when'll i be paid, i
hear things like semi annually? Pls gurus in the
house help thanks. cc: naijainvestor , feelamong

neroflo57:


thanks man...really helpful .

ukay2:


and I told him that I have been doing NTB from SS2 student year(2003), then he kept quiet for me to educate him on investment banking...

ukay2:
...


Hope other ogas in the house will explain more...

Am just learning this investment thing this year

mekaboy:
Hello pple, please i want to verify the info i got from a friend on bonds.

I was told bonds are like treasury bills but interest is paid every 6months. He also said interest is as much as 15%.

That if i invest 1m for 2020, that i will be geting about 75k every six months for 5yrs.

Pls how true is this?

Is the 2020 bond still on sale?

How do i invest in bonds. Is the money with the bank or cbn.?

Can the fg reduce ur interest as the year goes on?

Please enlighten me on bonds.

petikal:


Yes, bonds are like NTB, just longer tenors and bi-annual payments. Both contracts have no VATs and are with CBN, not your bank. The interest you agreed upon is locked in - doesn't change during the duration of your contract - regardless of future sales rates or economic shifts.

Your questions are addressed on CBN website, visit it and get enlightened.

feelamong:


If you invest 500k in 15.54% FGN 2020 you will be paid interest of approx 38,850 twice a year.. for the next 4 and half years (pls note that this is not an exact figure...)

Moses247:
hello everyone I would like to invest 700k for One year (NTb) lets say@ d rate of 13percent, how much go be my interest for one year.

Moses247:
Thanks bro, but which of d banks is beta ? i bank with first bank.

Moses247:
16?

Sylverly:
pls when is the best time to go place a bid.. i bank with zenith. thanks

babakess:
LATEST TOMORROW BEFORE 2PM

Cation:
pls who has done t.bills with diamond bank should tell if the bank is reliable.

Mpeace:
I always do the secondary market with them and they are more than efficient. I dont kw about their primary market transactions.

babakess:

LATEST TOMORROW BEFORE 2PM

tziz:

Wat about tomorow? i mean wednesday 16th.. Seeing that the next bid date is 17th of september, and i wanna deposit in Diamond Bank and probably go with d bank's rate, is 16th or even 17th okay to go to d bank n register?

babakess:


THE AUCTION IS WEDNESDAYS...WHICH IN THIS CASE IS 16TH OF SEPTEMBER ...TOMORROW......BANKS CLOSE APPLICATION ON TUESDAYS AND PASS ENTRIES THURSDAY....IF U HAVE NOT APPLIED AND U ARE NOT IN UR BANK NOW ....I AM SORRY YOU WILL MISS THIS BID....TILL THE NEXT ONE ....SOME BANKS CLOSE APPLICATION ON MONDAY PENULTIMATE TO THE BID DATE.