Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,142 members, 7,815,000 topics. Date: Thursday, 02 May 2024 at 04:20 AM

Treasury Bills In Nigeria - Investment (185) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4436243 Views)

Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

(1) (2) (3) ... (182) (183) (184) (185) (186) (187) (188) ... (2228) (Reply) (Go Down)

Re: Treasury Bills In Nigeria by tolutweety(m): 3:44pm On Aug 03, 2016
feelamong:


Went with the Investment House I deal with most times....Fidelity Securities

Got a mail .
Re: Treasury Bills In Nigeria by Jamean(f): 3:47pm On Aug 03, 2016
feelamong:


wow! my 17.85% bid for 182 days sailed thru.....


Wow! Your fund manager must be very bullish. But wouldn't have been better to lock it up for 364days? I doubt if the rate can be higher for subsequent auctions in the year than the range for today's auction.
Re: Treasury Bills In Nigeria by Jamean(f): 3:50pm On Aug 03, 2016
tolutweety:

what bank did you use ? . . . . cool cool
AXA Mansard Investments is very efficient
Re: Treasury Bills In Nigeria by tolutweety(m): 3:53pm On Aug 03, 2016
Jamean:


Wow! Your fund manager must be very bullish. But wouldn't have been better to lock it up for 364days? I doubt if the rate can be higher for subsequent auctions in the year than the range for today's auction.

why can't it go higher, ma'am ?
Re: Treasury Bills In Nigeria by Xkoba: 4:01pm On Aug 03, 2016
embarassedI missed out 15.7 for 91 days angryI missed out 15.7 for 91 days
Re: Treasury Bills In Nigeria by ummitoagirl(f): 4:23pm On Aug 03, 2016
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.

Xkoba:
embarassedI missed out 15.7 for 91 days angryI missed out 15.7 for 91 days
Re: Treasury Bills In Nigeria by MrTour: 4:49pm On Aug 03, 2016
Chai heiyah, you have gone far o. We are calculating our losses in Naira while you are calculating yours in Euros grin madam ejoor o.


I just had a revelation, in my revelation I see merkel, francois, others and then I see you cheesy

ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.

1 Like

Re: Treasury Bills In Nigeria by ukay2: 4:51pm On Aug 03, 2016
ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.



Try STANBIC IBTC Bank....
...

2 Likes

Re: Treasury Bills In Nigeria by ukay2: 4:52pm On Aug 03, 2016
ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.



Try STANBIC IBTC Bank....

I bidded for myself with stanbic ibtc bank at 17% for 182days NTB...I thank God it went through


Please let's give kudos to the guy that have us the advised rate at SCB......his post guided me a lot...

Thanks to oga feelamong for being active and advisory in this forum in this bullish NTB..


Oga feelamong... Hope the NTB will remain bullish till October.... I have huge amount I want to invest by mid September when my last 365day NTB expires 1st week of September??

Thanks all for your contributions and let ius remain active and guide the newbies in this forum...
Re: Treasury Bills In Nigeria by ukay2: 4:52pm On Aug 03, 2016
ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.



Try STANBIC IBTC Bank....

I bidded for myself with stanbic ibtc bank at 17% for 182days NTB...I thank God it went through


Please let's give kudos to the guy that have us the advised rate at SCB......his post guided me a lot...

Thanks to oga feelamong for being active and advisory in this forum in this bullish NTB..


Oga feelamong... Hope the NTB will remain bullish till October.... I have huge amount I want to invest by mid September when my last year 365day NTB expires 1st week of September??

Thanks all for your contributions and let ius remain active and guide the newbies in this forum...
Re: Treasury Bills In Nigeria by just2endowed: 4:55pm On Aug 03, 2016
ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.


madam, thats the same rate i loss out with ecobank. but wait oh, in euro currency and you are bidding in nigeria? or is the euro not gaining against the naira on the long run? and madam, i wont mind borrowing ur knowledge of tools that make u harvest euro cheesy.
Re: Treasury Bills In Nigeria by feelamong(m): 5:04pm On Aug 03, 2016
ukay2:



Try STANBIC IBTC Bank....

I bidded for myself with stanbic ibtc bank at 17% for 182days NTB...I thank God it went through


Please let's give kudos to the guy that have us the advised rate at SCB......his post guided me a lot...

Thanks to oga feelamong for being active and advisory in this forum in this bullish NTB..


Oga feelamong... Hope the NTB will remain bullish till October.... I have huge amount I want to invest by mid September when my last year 365day NTB expires 1st week of September??

Thanks all for your contributions and let ius remain active and guide the newbies in this forum...

Thanks bro...

I have learnt a lot from this Thread and from you all!

That lady with the SCB rates really did us well...I hope she will continue to post a lot more often.

CBN wants the FPIs to come in with their dollars so we expect the market to remain this "bearish" for a long time....maybe till December. cheesy
Re: Treasury Bills In Nigeria by ukay2: 5:13pm On Aug 03, 2016
feelamong:


Thanks bro...

I have learnt a lot from this Thread and from you all!

That lady with the SCB rates really did us well...I hope she will continue to post a lot more often.

CBN wants the FPIs to come in with their dollars so we expect the market to remain this "bearish" for a long time....maybe till December. cheesy

Amen..

Thanks Sir
Re: Treasury Bills In Nigeria by davide470(m): 6:48pm On Aug 03, 2016
T-bills worth NGN245.18bn was sold today and an over-subscription in excess of NGN246.35bn was recorded. The stop rates for 91 days, 182 days and 365 days were 15.44%, 18.06% and 18.50% resp.

Lol. Na wa sha.

2 Likes 1 Share

Re: Treasury Bills In Nigeria by davide470(m): 6:53pm On Aug 03, 2016
tolutweety:


why can't it go higher, ma'am ?
T-bills (et Fixed Income asset class) works inversely with the Equities market. One goes up, the other comes down (not all the time though), so one cannot just come and be going up like that na. Lol.

How market?.

1 Like 1 Share

Re: Treasury Bills In Nigeria by Nobody: 7:00pm On Aug 03, 2016
ukay2:



Try STANBIC IBTC Bank....

I bidded for myself with stanbic ibtc bank at 17% for 182days NTB...I thank God it went through


Please let's give kudos to the guy that have us the advised rate at SCB......his post guided me a lot...

Thanks to oga feelamong for being active and advisory in this forum in this bullish NTB..


Oga feelamong... Hope the NTB will remain bullish till October.... I have huge amount I want to invest by mid September when my last year 365day NTB expires 1st week of September??

Thanks all for your contributions and let ius remain active and guide the newbies in this forum...


Abeg, have u been debited abi its automatic for stanbic bank once the bid falls within range. i actually went with the bank rate.
Re: Treasury Bills In Nigeria by feelamong(m): 7:06pm On Aug 03, 2016
tolutweety:


Got a mail .

Replied! Cheers!

1 Like 1 Share

Re: Treasury Bills In Nigeria by ummitoagirl(f): 7:36pm On Aug 03, 2016
lol... cheesy grin wink Na Shakara I dey do oh!!!!
I dont live in Nigeria, so I send my money over to invest. The devaluation of naira is helping me big time, when it picks up again, I can bring my money back here. In the mean time, I will keep investing! EVERY LITTLE HELPS.

MrTour:
Chai heiyah, you have gone far o. We are calculating our losses in Naira while you are calculating yours in Euros grin madam ejoor o.


I just had a revelation, in my revelation I see merkel, francois, others and then I see you cheesy

Re: Treasury Bills In Nigeria by 40manlappy: 7:36pm On Aug 03, 2016
feelamong:


Thanks bro...

I have learnt a lot from this Thread and from you all!

That lady with the SCB rates really did us well...I hope she will continue to post a lot more often.

CBN wants the FPIs to come in with their dollars so we expect the market to remain this "bearish" for a long time....maybe till December. cheesy

You couldn't have put it better! cheesy

Even though I am yet to debit alerts for the fees, I am happy that I quoted my own rate of 17% on 182 days.

This is exciting for me because this is the first time that I will quote my own rate; I have always gone with the bank rate. In a little way, it also taught me to take more calculated risks.

Thanks to you bro, SuccessGee and others who gave me the motivation to take the plunge.

18.05% is sweet but 17% is ok wink

1 Like

Re: Treasury Bills In Nigeria by ukay2: 7:37pm On Aug 03, 2016
Ryder306:



Abeg, have u been debited abi its automatic for stanbic bank once the bid falls within range. i actually went with the bank rate.

Debitting of successful bidders with start from Thursday evening to Friday midday...

1 Like

Re: Treasury Bills In Nigeria by ummitoagirl(f): 7:46pm On Aug 03, 2016
LOL, like i mentioned, I just dey do yanga.
Eventually i will make my €90 back and more, God willing.
I am just praying that by this time next year, the naira would have strengthened against the EURO.
One of the perks of trading from abroad at this point in time.
just2endowed:


madam, thats the same rate i loss out with ecobank. but wait oh, in euro currency and you are bidding in nigeria? or is the euro not gaining against the naira on the long run? and madam, i wont mind borrowing ur knowledge of tools that make u harvest euro cheesy.

Re: Treasury Bills In Nigeria by Jamean(f): 7:52pm On Aug 03, 2016
tolutweety:


why can't it go higher, ma'am ?

Judging from past trends in the 3rd qtr of 2014 & 2015, the rates went to about 16% remained steady and began to drop to as poor as 7.25% early this year. Currently due to the enticing rates, the market is already getting saturated and the rates have higher tendencies of dropping than increase. Even if it increases, I don't think it will get to 20%. Rather it will be steady and gradually reduce.

Other money market placements need to thrive as well, the appreciation of their rates correlates with this. It's all a circle.

2 Likes 1 Share

Re: Treasury Bills In Nigeria by Moses247(m): 8:41pm On Aug 03, 2016
feelamong:


Went with the Investment House I deal with most times....Fidelity Securities
How far bros about this Fidelity securities?? their Rate still de constant??
Re: Treasury Bills In Nigeria by DMerciful(m): 8:58pm On Aug 03, 2016
Any idea what first bank rate was?
Re: Treasury Bills In Nigeria by johnhack: 9:17pm On Aug 03, 2016
DMerciful:
Any idea what first bank rate was?
i don't know ooo. I used first bank and normally you cannot bid in first bank. you must go by dia rate. I hope dia rate is up to 15% for 91 days. I hv also be debited but no credit alert yet.
Re: Treasury Bills In Nigeria by Chidieberelex: 10:35pm On Aug 03, 2016
I submitted bid for 364 and 91 days at Stanbicibtc bank. I went with the bank rate but I have not received any information and I have not been debited. This is my first ntb hope all is well
Re: Treasury Bills In Nigeria by Xkoba: 10:45pm On Aug 03, 2016
Chidieberelex:
I submitted bid for 364 and 91 days at Stanbicibtc bank. I went with the bank rate but I have not received any information and I have not been debited. This is my first ntb hope all is well

often times it's d following day befor ur ACC ll be debited
Re: Treasury Bills In Nigeria by burrytee(m): 12:05am On Aug 04, 2016
Thanks.am on the look to switch asap.will you advise me d bank to go with.sure i can go thru new acct via bnk xfer.i need to beat the chances before the next auction of 17th
zamirikpo:
@burrytee that is bank Antics for u, a banker friend Told me that Banks dont even want People to know About Treasury Bills becos if People know, no one will do fixed seposi, Cos NTB Rate are always higher than fixed seposi.

So my advice, try another bank Fast Fast....i left gtb years back Cos of There very poor customer relationship. The bank was and is still strong so the PR department went to sleep.
Re: Treasury Bills In Nigeria by feelamong(m): 6:02am On Aug 04, 2016
Moses247:

How far bros about this Fidelity securities?? their Rate still de constant??

Are you talking about their Guaranteed Investment notes Linked to FGN bonds?

I think the rate is still constant... it was at 13.75 the last time I checked!
Re: Treasury Bills In Nigeria by Chidieberelex: 7:20am On Aug 04, 2016
Any information on Stanbicibtc rates for yesterday bids. Please your assistance is required
Re: Treasury Bills In Nigeria by kingsleyuk2003(m): 7:42am On Aug 04, 2016
My fellow nairalanders. I would like to know which bank is best to use for this treasury bill business. I have been reading some post, i see standard chartered bank and stanbic ibtc seems to be what people are using. Please recommend a suitable bank. Thanks

(1) (2) (3) ... (182) (183) (184) (185) (186) (187) (188) ... (2228) (Reply)

Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: 5 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 44
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.