₦airaland Forum

Bennycollins:
Am new here pls. I want to know if there's any document I can have from the bank as evidence for investment in the TBills. Thanks

Your bank should give you an Investment letter confirming your Investment in Tbills..

But then once you are debited, your account statement states it all..

Yes you can request for Investment certificate from your Bank.

Bennycollins:
Am new here pls. I want to know if there's any document I can have from the bank as evidence for investment in the TBills. Thanks

Bennycollins:
Am new here pls. I want to know if there's any document I can have from the bank as evidence for investment in the TBills. Thanks

yes,go back to the bank and request for ur Treasurybill certificate.

xerxes456:
kindly help me calculate this, I placed a bid on FBN at the banks determined rate a sum of 800k and got 28k... that's like 3.5% I feel something is wrong somewhere, can someone please enlighten me... it's 91 days...

The stop rate for 91 days is 14%. The 14% rate is per anum (pro rata). And since 91 days is 1/4 of a year (one annum) the rate for 91 days is 14% /4 which is 3.5%. So that is what u will use to calculate your interest. I hope this helps

kings11ng:
l placed 18% for 364days with StanbicIBTC too but am yet to get an alert

same here ooo for 18percent at Fidelity Bank. 1 year but no alert yet o

[quote author=MrTour post=50357255]Yes you can request for Investment certificate from your Bank.

[/quote Thank u all for for the replies.
I was debited and have jst been credited with the interest

I appreciate the free tutorial u guys are giving here. am now feeling like a guru when teaching ppl abt TB

Please wait at least 24-48hrs after the auction before any speculations about your account been debited or not.

Got 17.8% for 1 yr..FBN..Did any1 get a higher rate for 1yr,irrespective of the bank? If yes,pls state which bank..

gory24:
Got 17.8% for 1 yr..FBN..Did any1 get a higher rate for 1yr,irrespective of the bank? If yes,pls state which bank..

I also bid 17.8 for a year

Ugmama:
I also bid 17.8 for a year

18%, FBN.

GTB doesn't seem to be winning at anything Treasury-Bills lately
Any GTB rates yet?

Nice

drealj:
Pls house,what is the different btw fgn bonds and treasury bills and which one is the best.

fgn bond takes years to mature while treasury bill takes a 91, 182, or 364 days to mature. Judging from the rates between both of them, NTB is actually the best to go for.

Just got debit from Gtb. 182days. At 16.5%. Good to go

Got debit from UBA @ 16.80 for 182.is dat rate ok?

Any 364days tenure bid been debited yet by uba?

Any GTBank bid confirmed yet (for 91 days)?

GetPosted:
Any GTBank bid confirmed yet (for 91 days)?

Yes at 13.5. Was debited this evening

clino:
The stop rate for 91 days is 14%. The 14% rate is per anum (pro rata). And since 91 days is 1/4 of a year (one annum) the rate for 91 days is 14% /4 which is 3.5%. So that is what u will use to calculate your interest. I hope this helps

Thanks it does help... wow but the money is small ooo..

xerxes456:
Thanks it does help... wow but the money is small ooo..

Lol so na 50% interest rate you want

Baboo13:
Lol so na 50% interest rate you want

m telling you... let me manage dis small one... no wahalla.

My first time at treasury bills and it was successful. Many thanks for write up on the 1st page plus the contributions from everyone.

Got 17.8% forn1 yr with FBN

Pls how to calculate for 182 days n 364 days. Thanks

clino:
The stop rate for 91 days is 14%. The 14% rate is per anum (pro rata). And since 91 days is 1/4 of a year (one annum) the rate for 91 days is 14% /4 which is 3.5%. So that is what u will use to calculate your interest. I hope this helps

I have not been debited ooo, stanbic, anyone else used them.

LaconicINC:
I have not been debited ooo, stanbic, anyone else used them.

same here oh. I wonder why

Fidelity debited me and I got my 13% interest ...

HazzanTazzan:
Fidelity debited me and I got my 13% interest ...

Please when did you receive the debit alert?

na waooo fidelity never debit Me ooo. I bidded 18percent for 1year??

am yet to get my interest on Eco bank, but they always debit me before hand

uc198080:
Please when did you receive the debit alert?

Yesternight