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Treasury Bills In Nigeria - Investment (388) - Nairaland

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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)

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Re: Treasury Bills In Nigeria by Virtualaccounts: 9:14am On Sep 13, 2017
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Re: Treasury Bills In Nigeria by NL1960: 9:26am On Sep 13, 2017
TONY56:



If you still want to stay with your first bank, you don't need to open another account.

All you need do is to do your transactions through another branch where your account officer will not see you and don't act like a newbie when you meet the Treasury Bills officer.

You see, many people cause the hostilities they encounter when they want to start doing Treasury Bills by informing their accounts officer probably because they are not aware that it does not pay him and the bank for you to exit savings or fixed deposit for Treasury Bills.

When you want to exit fixed deposit for Treasury Bills, you will be doing yourself a lot of harm by telling your accounts officer your real intentions. [b]Just tell him that you are no longer interested in fixed deposits and want your money in savings for savings interests only so that you can take it within minutes anytime you need it without going to the bank to fill and sign papers [/b]and do your Treasury Bills through another bank

This one is a long story. Just tell them that your child is about to been pursued from school and that you need it today today to pay his/her school fees. End of story. cheesy grin

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Re: Treasury Bills In Nigeria by punae: 10:50am On Sep 13, 2017
Uba has been systematically frustrating my effort to invest my NTB that matured on in August....I am considering opening Account with GTB....Advice pls?
Re: Treasury Bills In Nigeria by Nobody: 11:34am On Sep 13, 2017
gtb undecidedwhy not stanbic
Re: Treasury Bills In Nigeria by punae: 11:52am On Sep 13, 2017
misplaced my Voters card...And only GTB would accept my temporary national identity card
Re: Treasury Bills In Nigeria by walexlo78: 11:52am On Sep 13, 2017
Dear All,

Can anyone confirm if their primary bid application for today's CBN bid has been confirmed by their bank? I am asking because I have heard from Stanbic that their global market unit informed them that TB is on hold thus all customer application will not be treated. And that they will inform when they have a go ahead to process applications.

What is the situation with your bank? Is there really a CBN auction today and for which tenors?
Re: Treasury Bills In Nigeria by jpphilips(m): 12:21pm On Sep 13, 2017
feelamong:
https://nairametrics.com/nigerias-official-treasury-bills-calendar-for-2017/

There is no september to Dec on the list, any idea where we can get those?
Re: Treasury Bills In Nigeria by hiscules: 12:27pm On Sep 13, 2017
when going to the bank to invest in TBills, what document do i need to go with to the bank?

1 Like

Re: Treasury Bills In Nigeria by Gavrelino123: 12:50pm On Sep 13, 2017
punae:
Uba has been systematically frustrating my effort to invest my NTB that matured on in August....I am considering opening Account with GTB....Advice pls?
GTBANK is ok.....If you are in Lagos,Make sure that it's @ Island Branch,they are more professional when handling TB.....If you are @the Mainland, Festac Branch is ok...!!
Re: Treasury Bills In Nigeria by NL1960: 12:52pm On Sep 13, 2017
Gavrelino123:

GTBANK is ok.....If you are in Lagos,Make sure that it's @ Island Branch,they are more professional when handling TB.....If you are @the Mainland, Festac Branch is ok...!!

I use CMD road branch of GTB and it has been fine so far for me for TB.

1 Like

Re: Treasury Bills In Nigeria by chinco19(f): 12:59pm On Sep 13, 2017
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Re: Treasury Bills In Nigeria by Gavrelino123: 12:59pm On Sep 13, 2017
hiscules:
when going to the bank to invest in TBills, what document do i need to go with to the bank?
You don't need any document..
Just walk into the Bank you bank with and ask for the Bank officials in charge of T.B..
They will either ask you to fill a T.B investment form or Write a Formal instruction authorizing them...
WARNING!!!!!! Don't sound like a Newbie to them because they will frustrate the hell out of you....Get your fact straight before approaching them...
Re: Treasury Bills In Nigeria by Gavrelino123: 1:03pm On Sep 13, 2017
NL1960:


I use CMD road branch of GTB and it has been fine so far for me for TB.
Wow...nice
Have they updated your GTBANK ONLINE TREASURY BILLS ACCOUNT...?
Re: Treasury Bills In Nigeria by kristien4(m): 1:57pm On Sep 13, 2017
[i][/i]Any news on today's Auction. Stanbic is saying there will be no auction today... Any body with a different Info
Re: Treasury Bills In Nigeria by hiscules: 2:09pm On Sep 13, 2017
Gavrelino123:

You don't need any document..
Just walk into the Bank you bank with and ask for the Bank officials in charge of T.B..
They will either ask you to fill a T.B investment form or Write a Formal instruction authorizing them...
WARNING!!!!!! Don't sound like a Newbie to them because they will frustrate the hell out of you....Get your fact straight before approaching them...
Thanks a million.I got into the bank at about after 1 and was told it was closed for the day. will try again

1 Like

Re: Treasury Bills In Nigeria by NL1960: 2:13pm On Sep 13, 2017
Gavrelino123:

Wow...nice
Have they updated your GTBANK ONLINE TREASURY BILLS ACCOUNT...?

I do not use GTB online service.
Re: Treasury Bills In Nigeria by presiade(m): 2:42pm On Sep 13, 2017
Finally, GTB updated my TB portfolio. I can now see all my investments in the online banking platform.
Re: Treasury Bills In Nigeria by vitality22(m): 2:43pm On Sep 13, 2017
punae:
misplaced my Voters card...And only GTB would accept my temporary national identity card
All Nigerian banks will accept the temporary national ID card.
Re: Treasury Bills In Nigeria by Gavrelino123: 2:47pm On Sep 13, 2017
presiade:
Finally, GTB updated my TB portfolio. I can now see all my investments in the online banking platform.
Mehn....Just checked it now....it's now showing both my old and new investments...
But can you elucidate why the tenure was written 1 instead of 364.?
Re: Treasury Bills In Nigeria by presiade(m): 5:05pm On Sep 13, 2017
Gavrelino123:

Mehn....Just checked it now....it's now showing both my old and new investments...
But can you elucidate why the tenure was written 1 instead of 364.?
It's still part of their system malfunctioning... Still no stress. It shows you the maturity date which is sufficient... They may rectify the tenor later.

1 Like

Re: Treasury Bills In Nigeria by Gavrelino123: 5:37pm On Sep 13, 2017
presiade:

It's still part of their system malfunctioning... Still no stress. It shows you the maturity date which is sufficient... They may rectify the tenor later.
Thanks Mehn,....let's see how it goes...!
Re: Treasury Bills In Nigeria by Acidosis(m): 5:58pm On Sep 13, 2017
jp130:
Sterling bnk debited me dis evening wit d face value. I applied for 364days

I've been considering Sterling bank lately for my next t-bills. Please can you share your experience at the bank, rate and the process? I got a form online but I'm not entirely sure whether such still applies at the bank.

Re: Treasury Bills In Nigeria by samkay12(m): 6:40pm On Sep 13, 2017
Guys!!

Who knows when the next Primary Auction is?
Can't seem to find any information on it anywhere
Re: Treasury Bills In Nigeria by Nobody: 7:48pm On Sep 13, 2017
easyflow:
I was given 16.5% for 105 days today (secondary market). 17% for 175 days. I guess the primary market rates will be quite attractive.

how much was your initial investment?
Re: Treasury Bills In Nigeria by kristien4(m): 8:54pm On Sep 13, 2017
Somebody here answer me ooo. Has anybody gotten any positive feedback concerning today's auction. Stanbic bank is telling me no auction.. is it a general thing... someone talk to me!!
Re: Treasury Bills In Nigeria by yomi007k(m): 9:04pm On Sep 13, 2017
kristien4:
Somebody here answer me ooo. Has anybody gotten any positive feedback concerning today's auction. Stanbic bank is telling me no auction.. is it a general thing... someone talk to me!!

I dont think there was any auction today...if not info for don full here.


Something smells fishy.
Re: Treasury Bills In Nigeria by pawn89(m): 9:29pm On Sep 13, 2017
kristien4:
Somebody here answer me ooo. Has anybody gotten any positive feedback concerning today's auction. Stanbic bank is telling me no auction.. is it a general thing... someone talk to me!!

Zenith bank also said the same thing; No auction
Re: Treasury Bills In Nigeria by jp130(m): 5:28am On Sep 14, 2017
Here is d calendar, does it mean dat applications will b treated today?

https://nairametrics.com/nigerias-official-treasury-bills-calendar-for-2017/

Re: Treasury Bills In Nigeria by dipoolowoo: 6:03am On Sep 14, 2017

1 Like

Re: Treasury Bills In Nigeria by Kevostica(m): 7:11am On Sep 14, 2017
presiade:

It's still part of their system malfunctioning... Still no stress. It shows you the maturity date which is sufficient... They may rectify the tenor later.

pls what rate were u given for one year? Did u reinvested ur interest? if so did it change the rate?
Re: Treasury Bills In Nigeria by DMerciful(m): 8:23am On Sep 14, 2017
What about fg bond? I don't mean the saving bond but the normal bond of over 5 yrs
chinco19:
Dear All, I work with an investment advisory firm that helps individuals purchase T-bills at the primary market. Your funds are safe as they would be kept our custodians (UBA) with your name and account number. What are the perks of going through us?

Better Yields: Yes, I don't know how many percent the best bank is giving but we will give you a net yield of at least 20% per annum on 1million for a year tenure. Remember that yields are different from rates. Rates are lower because you will get your returns upfront while yields are higher cos your returns will be reinvested.

Investment related articles and media highlights: We will also keep you up to date on the goings-on in the country.

What do you need?
All you need is to give us a call on 08110667899 or send an email to info@teakwoodadvisory.com. Once your interest is confirmed, we will send a KYC form to fill and request photocopies of certain documents for regulatory reasons.


That being said. Do not let banks rip off what you should originally earn by giving you lower rates. Whatever is left from the high yields is what they pocket. You can give us a call or send a mail to clear your doubt and kindly make reference to nairaland to know where the request is from. And yes, we also invest on behalf of those below 1million but on a lower yield. You could however be lucky that we have people in your category and the lump sum for all of you amounts to 1million. That works too.

Because we are getting from the primary source, minimum amount is 1 million.
Even if you are scared to invest, don't be scared to reach out. We are domiciled in a building in IKJ.

Re: Treasury Bills In Nigeria by ihedioramma: 8:59am On Sep 14, 2017
DMerciful:
What about fg bond? I don't mean the saving bond but the normal bond of over 5 yrs
Bewere of 418 and 419 .

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