chukzyfcbb:

Ironically, you know that a better economy means lower yield? lol.

chukzyfcbb:


Ironically, you know that a better economy means lower yield? lol.

chukzyfcbb:


Ironically, you know that a better economy means lower yield? lol.

chukzyfcbb:


Ironically, you know that a better economy means lower yield? lol.

Kevostica:


Pls how much was TB rate last yr when effects of recession was still high?

meetchandus:
Greetings to everyone in the house.Please can I get about 7 to 8 months tenor(period) from the secondary market? And which bank will be best to get this with a good rate .Thanks

katamo:
I have a slightly different view on T Bill rates in the short term. I think some people are overestimating the impact of the hurricane. So far, only about 11 percent of US refining capacity has been impacted. This will only have a temporary impact on oil prices so I while I agree with Alikote's analysis of the impact of higher oil prices on TB, I'm not convinced that oil prices will go up and remain elevates for long.

I do think that T Bill interest rates will remain high for a while until the economy starts to grow again at a brisk rate and the current inverted yield curve is an indication that the economy may not recover for some time to come. The recent dismal subscription of CBN long-term bonds may push the government to increase issuance in the T bills market to generate funds since they cannot obtain them in the bond market. An increase in issuance in the T Bills market will provide support for T Bill rates.

https://www.thisdaylive.com/index.php/2017/09/10/fg-august-n135-billion-bond-fails-with-41-5-subscription/

MostBlessed:
Greetings to all forum members,

Please I am new to Treasury bills and very much interested in investing in it.

I would like to know if I can purchase treasury bills in Zenith bank as l have an account with them and I currently reside in Benin-city.

In 2015, I once tried purchasing NTB from a first bank branch, Ekehuan road branch in Benin-city, but the then branch manager swayed me into putting the cash in a fixed deposit account which I regret doing.

From previous posts I read, it appears like Stanbic ibtc bank and first bank are better for treasury bills investment. Is it possible for me to purchase treasury bills in any of these banks with my Zenith bank account, or is it compulsory I use a first bank account or stanbic ibtc bank account.
Also, does anyone have any idea of a first bank branch in Benin-city where I can purchase treasury bills.

Many Thanks!!

dipoolowoo:
Sept 2017 FGN Savings Bond Opens Today
https://www.businesspost.ng/2017/09/11/sept-2017-fgn-savings-bond-opens-today/

NL1960:
Please when is the next auction and who has the 4th quarter calendar?.

dipoolowoo:
Sept 2017 FGN Savings Bond Opens Today
https://www.businesspost.ng/2017/09/11/sept-2017-fgn-savings-bond-opens-today/

kristien4:
Please when is the next auction date??

GODAKPAN:


if i invest 10m for 3yrs, how much will i be getting quarterly

answers please

please answer me

katamo:
@ GODAKPAN

You will get N370,425 every quarter and your 10m will be returned to you after 3 years.

NL1960:


I just got a call from my Stanbic branch that i should come and fill the form tomorrow morning for Wednesday's action. I went there last Friday but was told that they were waiting for directives from head office and that once they get a go ahead, they will call me.

sammily:


Yes you can buy treasury bills from Zenith bank or any other bank but you will have to have an account in the bank you intend to use. Your assumption of FBN and IBTC being better in treasury bills is correct based on my own personal experience.

punae:



please confirmation if the 364 days tenor would be available

Alikote:
https://www.nairaland.com/4048391/naira-falls-towards-n400-1#60366101

NL1960:


I just came back from my Stanbic branch where i filled for 364 days tenor.

GODAKPAN:



IMPLICATION PLEASE

kristien4:
And I just called my own stanbic and they are telling me there is no date yet for auction.

NL1960:


I just got a call from my Stanbic branch that i should come and fill the form tomorrow morning for Wednesday's action. I went there last Friday but was told that they were waiting for directives from head office and that once they get a go ahead, they will call me.

NL1960:


The situation is confusing as Iam still yet to see the CBN 4th quarter TB calendar. The TB officer in my branch said that she called head office as she promised me last Friday and she was told that she can now start accepting and that was why she now called me to come. Iam waiting for what will happen. If there is no auction, my money remains in my account.

Alikote:
keep a little dollar i dorm accounts