₦airaland Forum

zamirikpo:
am looking at 18.40%...........


oga feelamong has to confirm...

Alikote:
wrong calculation u will input both interest and investment example 20 million naira generate around 4.4 milla peryear second year 5.3m 3 year 5.56. 4 year 6.3 by january 2019 your money is 41.5 million

while 20 million with generate 1.4 m max as rent that total of 5.6 m by jan 2019 your property has appreciated by 30 percent total is 31.6 m subject to finding a buyer for the house with recession is very difficult ,rent default,rent instalmental payment .absent of tenants,renovation cost ,ground rate the are odds while you can buy a land and it wouldnt increase in value if govertment dont build road etc that the odds that so we call it speculative

zamirikpo:
GUYZ what do u think about the eurobonds market, is it lucrative, how does it work, what was the last interest rate for usdollar bonds and are there any fears with recouping ur investment.

chinnyonwu:
Hi bro/house., i visited 2 of my Banks yesterday. I told the guy i met at Keystone i wanted to buy some TBills going with the banks rates, The agent said They dont bid at all, that i should just submit my rate and they would send to CBN. And that i couldn't be sure of what i was saying about the rates being 13-17%.
He offered to help me fix my money at 9% interest rate. Unsatisfied i left to another bank.
At Ecobank, they said i cant buy TBills of 500k - 1m I specified. That its usually 10m and above. That i can fix the money with them instead.
My question is, is it me or that these customers care agents don't know what they are saying?

40manlappy:
Seems like a good idea. 342 days Tbill went for 18.6% at the OMO dated 03/02/2017. I may go for 18.35%

jpphilips:
Though you can do a 1m TBN, they are only discouraging you to do FixD so the money will buy them TBN, stop using banks go to investment homes, that is basically their core business, TBN is like a conflict of interest for commercial banks, their staff are trained to address it that way, you may try commercial papers too if you wish.

jpphilips:
Landed properties do not appreciate in recession rather it depreciates, Nigerians don't really understand the economic indices of recession.
You may risk increasing rent no doubt, conversely, you risk fallow houses. to strike a balance, the rent does not usually increase in recession.

munezo:
Notice

The first coupon of FGN2020 Bond has been paid today, check if you have received alert.

why did you call it first coupon? I have been enjoying it since 2015. Actually, this is the fourth coupon on this investment. The first coupon for the FEB2020 Bond was paid in August 2015, second was in Feb 2016, third was in August 2016 and the one now is the fourth.

munezo:
Notice

The first coupon of FGN2020 Bond has been paid today, check if you have received alert.

unite4real:
The first coupon of FGN2020 Bond has been paid today, check if you have received alert.

why did you call it first coupon? I have been enjoying it since 2015. Actually, this is the fourth coupon on this investment. The first coupon for the FEB2020 Bond was paid in August 2015, second was in Feb 2016, third was in August 2016 and the one now is the fourth.

Houstency:
How do one buys the commercial paper sir?

olujaidi:
Houses have lost value. But land prices seem to be resilient

munezo:
You know it pays twice every year, this one paid today is the first for the year. That's what I mean.

jpphilips:
Though you can do a 1m TBN, they are only encouraging you to do FixD so the money will buy them TBN, stop using banks go to investment homes, that is basically their core business, TBN is like a conflict of interest for commercial banks, their staff are trained to address it that way, you may try commercial papers too if you wish.

aumoria:
Can you please recommend investment homes. Twice I have given a bank mandate to liquidate part of myFixD to fund purchase of TBN but it has been stories

ukay2:
FGN bond alert entered 11am today.....I have almost forgotten I invested in the FGB Bond 2020 until I saw the alert...my children school fees are now ready. ...like oga feelamong said....bond alert good for school fees...loool

zamirikpo:
that school fees part is a brilliant idea............correct me if am wrong, if i buy a 20 yrs bond..........i get paid twice a year from now till 2037 @ the prevailing rate .

school fees matter would be settled forever......

Then.....any news on wednesdays bid rate for 91,182 and 364days.

Omonigeriarere:
Amy suggestion about 182 and 91 days?

Bennycollins:
Hello house, let me learn from those with experience pls. I invested in Tbills for the first time some months ago which is maturing soon. I hope no delays with settlement at maturity, cos some if these banks can decide to be funny. And what can one do if the play funny?
Thanks in advance for your responsesearch.

Bennycollins:
Hello house, let me learn from those with experience pls. I invested in Tbills for the first time some months ago which is maturing soon. I hope no delays with settlement at maturity, cos some if these banks can decide to be funny. And what can one do if the play funny?
Thanks in advance for your responsesearch.

40manlappy:
181 days was 18% pa at the last OMO of 3/2/2017. Hope the information gives you an idea of what rate to bid for.

I am considering 18.35% pa for 364 days based on the fact that 342 days Tbills was 18.6% pa at the last OMO.

Waiting for feelamong

aumoria:
Can you please recommend investment homes. Twice I have given a bank mandate to liquidate part of myFixD to fund purchase of TBN but it has been stories

dagr8:
Hello house, please any one here who has ever used Diamond bank to bid? I don't know why they are giving me trouble. They insist I can only buy from the secondary market and I cant bid myself. What is the solution to this wahala?

dagr8:
Hello house, please any one here who has ever used Diamond bank to bid? I don't know why they are giving me trouble. They insist I can only buy from the secondary market and I cant bid myself. What is the solution to this wahala?

40manlappy:
They are just being mischievous. They want to meet their targets by all means!

Send a mail to their head office on enquiries@diamondbank.com and complaints@diamondbank.com

If you are on Twitter, you can also call them out on @DiamondBankNG

munezo:
For you own peace of mind, leave them and go to Stanbic IBTC. I wanted to use Diamond initially but they frustrated me. I had to open a savings account with Stanbic because of TBills and Bonds and I have never regretted it since then.

Stanbic allows you to bid on your own rate.

All the best

ukay2:
FGN bond alert entered 11am today.....I have almost forgotten I invested in the FGB Bond 2020 until I saw the alert...my children school fees are now ready. ...like oga feelamong said....bond alert good for school fees...loool

Willie2015:
Which invst house handle the Bond transaction ...need to lock up some funds in FGN Bonds