elog:
Bros search for your QUESTRA HOLDINGS on a search engine and see the results. Also check if any notable business website talked about it. Maybe you are not aware but what you are doing is ponzi and not investment.

In your own lay man's language what do you call ponzi, the same search said Bitcoin was scam, are you not aware of that? do you think bloggers are you justice, have bloggers ever said anything good about business that disfavor them? my brother, I would recommend you to do deeper research before you attack, researches doesnt end with what bloggers have to say, we know that bloggers will paint an opportunity black instead of white just to remain visible the cyberworld then why must they condemn an opportunity and then at the end present their NO ONE ONLY OPPORTUNITY, tell me why? give your reasons here so others could learn, am ready for an open challenge.

Please stop derailing the thread with dumb analysis.

Forex4u:


In your own lay man's language what do you call ponzi, the same search said Bitcoin was scam, are you not aware of that? do you think bloggers are you justice, have bloggers ever said anything good about business that disfavor them? my brother, I would recommend you to do deeper research before you attack, researches doesnt end with what bloggers have to say, we know that bloggers will paint an opportunity black instead of white just to remain visible the cyberworld then why must they condemn an opportunity and then at the end present their NO ONE ONLY OPPORTUNITY, tell me why? give your reasons here so others could learn, am ready for an open challenge.

awesomeJ:
For now, the probability of a default on the part of the FG is <= 0.
When there are real concerns it will be super obvious. When Greece's own started, even those of us outside Europe got to know about it.
If government securities will start failing, bond investors are the ones who should really be concerned because they hold longer-tenor securities.
Above all, like someone mentioned earlier, if you start worrying about T-bills because you think the country could go under, then you had better dispose all other financial assets in the country: bank savings, cash, stocks, etc, because they'll all also be worthless.
Finally, it will be great for those who are utterly risk averse as to be scared of T-bills, to create another thread where all their fears can be well shared. We here could really use some exits from them.

you have said it all, if not TB where else, as i speak the only money i have outside money i use for business is the interest from the last auctions. All my lives savings are in TB.........my savings is as secure as the unity of this country. and if naija fails, money would be the least of my worries. cos banks , nse, MDAs would all cease to exist.

elog:
Please stop derailing the thread with dumb analysis.

you called QUESTRA scam, I want you to prove it that's true, are you scared to proof to everyone here that's one of the ponzis we see in the cyberworld, you said dumb analysis, what do you know about "ANALYSIS", you have to proof to me that you were right of what you said earlier, if not my rally keep going on? can you earn this amount in a month when you invest in Nigeria economy, answer me.

When I speak, I speak with proofs and facts, you don't go to one site and read up misleading information and come out in the public to disgrace yourself, am not invisible, you call me for an appointment to your office if you had any, to proof to you that what you do read from bloggers online is misleading and can never make you fortune but deformity.

feelamong:
Some basic terminologies frequently used in Treasury Bills:

OMO (Open Market Operations):
It is used either as an expansionary or as a contraction measure to control the amount of money in the financial system. When CBN buys from the OMO, funds are injected into the system in order to stimulate growth; while sale of OMO by CBN mops up excess funds from the system.

Thanks so much for this post. Pls is the treasury bill currently on? and what can be a possible profit of #300,000 treasury bill? Pls reply. Thanks so much.

awesomeJ:

Many Thanks for your nice words sir.
The good thing about great fund managers like SIAML is that they are super savvy at what they do, I expect that now that we have high rates, they will have a huge chunk of funds locked down, as so when t-bills rates start dropping, the drop in yield of the MMF will be slower and less steep, and will yet beat the 91-day t-bills benchmark. if t-bills rate fall back to one digit, I'm confident Stanbic will still be able to float an extra quarter of double digit yield.

AwesomeJ, thanks very much for your analysis. Though speculative it gives a glimps as to what to expect in a down turn scenario.

Why are prices of equity shooting while Treasury Bills are being oversubscribed?

Forex4u:
When I speak, I speak with proofs and facts, you don't go to one site and read up misleading information and come out in the public to disgrace yourself, am not invisible, you call me for an appointment to your office if you had any, to proof to you that what you do read from bloggers online is misleading and can never make you fortune but deformity.

I wouldn't call this nagging..... It just as if you wanna disapprove of A to gain B

Please does anyone have a spreadsheet of Treasury Bills rates for the past 3 years. Please share. If you have the annual averages it will also be appreciated.

Investnow2017:
Why are prices of equity shooting while Treasury Bills are being oversubscribed?

Foreign portfolio investors

Investnow2017:
Please does anyone have a spreadsheet of Treasury Bills rates for the past 3 years. Please share. If you have the annual averages it will also be appreciated.

It's not been updated in a while but should suffice

http://nairametrics.com/nigerian-treasury-bills-tracker-updated-january-6-2017/

Forex4u:
When I speak, I speak with proofs and facts, you don't go to one site and read up misleading information and come out in the public to disgrace yourself, am not invisible, you call me for an appointment to your office if you had any, to proof to you that what you do read from bloggers online is misleading and can never make you fortune but deformity.

Please I am begging you for the last time: STOP DERAILING THIS THREAD!!!

The Federal Government of Nigeria Savings Bond Offer is here again!!!

Subscription for the savings bond, which guarantees quarterly coupon payments, re-opens today the 5th of June 2017. The offer, according to the Debt Management Office (DMO) will remain open for five days till the 9th of June 2017, at the following rates:
v 2-Year FGN Savings Bond due June 14, 2019: 13.189%

v 3-Year FGN Savings Bond due June 14, 2020: 14.189%

FEATURES OF THE FGN SAVINGS BOND

FEATURES
Tenor
2 and 3 years
Coupon
13.189% for 2years, 14.189% for 3 Years
Coupon Payments
Quarterly (4 times a year)
Subscription Amount
Minimum-N5,000

Maximum-N50,000,000
Additional Subscription
In multiples of N1,000
Secondary Market
Tradable on the Nigerian Stock Exchange (NSE)
Redemption
Bullet repayment on the maturity date
Subsequent Offers
First week of every month
Tax on Interest
Interests are tax free
Capital Repayment
Guaranteed
Settlement Date
June 14th 2017

olujaidi:



It's not been updated in a while but should suffice

http://nairametrics.com/nigerian-treasury-bills-tracker-updated-january-6-2017/

Thank you so very much. YOU ARE THE BEST ALWAYS.

TREASURY BILLS

FIRST BANK (SECONDARY MARKET)

Available Rates:

185 days 18.4%
87 days 17.3%
24 days 16%

Rush and see if you can catch the 18.4%, it seems to me a good one.

Regards

Secondary market is hot, hot and very hot.

Investnow2017:

TREASURY BILLS

FIRST BANK (SECONDARY MARKET)

Available Rates:

185 days 18.4%
87 days 17.3%
24 days 16%

Rush and see if you can catch the 18.4%, it seems to me a good one.

Regards

PETERiCHY:


Nothing fishy is going on rather most people are liquidating their TBills at all cost and diverting the fund to Stock Market.

Last month i liquidated all my USD position and invested in the stock market and so far my portfolio is 51.8% upside.

Would it been i don't have a formidable USD portfolio. i would have terminated my TBills that is due for December because of the kind of fire that is currently burning in NSE.

*ThE OcToPuS*

http://mobile.reuters.com/article/idUSL8N1J22EO


Nigerian stocks hit a 23-month high on Monday, extending last week's rally and helped by gains in cement, fuel retailing and banking shares.

A pickup in oil prices and a more stable currency have improved economic prospects in Nigeria, prompting investors to buy into the stock market.

amjustme2:
Secondary market is hot, hot and very hot.

how is it possible for banks to offer higher rates in secondary market than the cbn does for primary. How do dey get to pay these subscribers??

Investnow2017:

TREASURY BILLS

FIRST BANK (SECONDARY MARKET)

Available Rates:

185 days 18.4%
87 days 17.3%
24 days 16%

Rush and see if you can catch the 18.4%, it seems to me a good one.

Regards

how is it possible for banks to offer higher rates in secondary market than the cbn does for primary. How do dey get to pay these subscribers??

Banks are able to offer higher rates at secondary market due to the influx of investors terminating their primary market Treasury bills before maturity.

When you contact your bank to sell your primary market Treasury bills, they take into account an offer rate to the next buyer and deduct the equivalent from the sale price of your Treasury bills, they still make a profit in between the transaction.

kristien4:
how is it possible for banks to offer higher rates in secondary market than the cbn does for primary. How do dey get to pay these subscribers??

Pls any idea on when the 3rd quarter calendar ll be released

Sylverly:
Pls any idea on when the 3rd quarter calendar ll be released

The last auction held was the last for q2'17.
Auction dates for the new quarter should be:
15th June, 22nd June, 6th July, 20th July, 3rd August, 17th August, and 31st August.

awesomeJ:

The last auction held was the last for q2'17.
Auction dates for the new quarter should be:
15th June, 22nd June, 6th July, 20th July, 3rd August, 17th August, and 31st August.

thanks, but any calendar for it?

Pls,can some analyse how to invest in nigerian stock exchange.Sorry 4 deviating.

drealj:
Pls,can some analyse how to invest in nigerian stock exchange.Sorry 4 deviating.

Start from here https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/2351

Hi all,
Please i'm new here.
I need to get TB from GTB asap.
Any leads please?

Thanks

So who would go for this in view of T bill rates?
Aren't Tbill rates better?

Simple explanation of Treasury Bill