Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,744 members, 7,817,056 topics. Date: Saturday, 04 May 2024 at 01:40 AM

Treasury Bills In Nigeria - Investment (394) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4439838 Views)

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)

(1) (2) (3) ... (391) (392) (393) (394) (395) (396) (397) ... (2229) (Reply) (Go Down)

Re: Treasury Bills In Nigeria by vitality22(m): 12:50pm On Sep 20, 2017
zamirikpo:


Let me first welcome u back. Then I want to report all this our threadmates to u. No body remembered u, while u were away. Na only me, @investnow2017 And @vitality22 ask after u. grin cheesy grin

So PLS involve us in the Bitcoin tins cos, our money have not mature to be able to reinvest. shocked shocked in TB now .

And as the rates are dropping we have to port....charp charp
My bros, I've already joined him at USITECH ooooo, thats our meeting point now, that where its happens. You can join us there too if you want to make some money from Bitcoin
Re: Treasury Bills In Nigeria by Destinydele: 1:35pm On Sep 20, 2017
Hello Guru in the house....I went to the bank ''fbn'' in my area to 20/09/2017 to inquire about t.b and the officer in charge of tb gave me form to fill and he told me that is for primary market , that the rate is 17.16 for 364 days...After filling the form ,i handed back to him the form and he told me to wait for two weeks , that is till 2 -10-2017..My question is, is it right for me to wait that long? My account is not debited and When are they going to debit my account? Is the tb officer telling me the truth? Is my form going to be treated? Am new in tb ...please help me with answers the gurus..Thanks.
Re: Treasury Bills In Nigeria by skydiver01: 1:35pm On Sep 20, 2017
Partnerbiz3:

Thanks for that apt analysis.
I think, though, that there may never be a situation that will warrant one losing one's capital for terminating before maturity.

For example, If I do 1 million for 364 days at 18% and terminate after 100 days when prevailing rates are 7%, I would still not lose my capital even if they are to repurchase at that 7% rate.

You are welcome. It is why I said liquidation can eat into your capital if rates have risen since your purchase. If rates have fallen in the period since you bought, liquidating it wont eat into your principal (as in your example above). Imagine if discount rates have risen to 21% and your TB was repurchased at that rate?
Re: Treasury Bills In Nigeria by xammy(m): 1:49pm On Sep 20, 2017
Moses247:
na waooo fidelity never debit Me ooo. I bidded 18percent for 1year??

Last week stop rate 17.75% why did u bid 18%
Re: Treasury Bills In Nigeria by xammy(m): 1:52pm On Sep 20, 2017
Destinydele:
Hello Guru in the house....I went to the bank ''fbn'' in my area to 20/09/2017 to inquire about t.b and the officer in charge of tb gave me form to fill and he told me that is for primary market , that the rate is 17.16 for 364 days...After filling the form ,i handed back to him the form and he told me to wait for two weeks , that is till 2 -10-2017..My question is, is it right for me to wait that long? My account is not debited and When are they going to debit my account? Is the tb officer telling me the truth? Is my form going to be treated? Am new in tb ...please help me with answers the gurus..Thanks

The fool just wanted to delay ur funds... I don't think he knows about tomorrow is bidding day

1 Like 1 Share

Re: Treasury Bills In Nigeria by xammy(m): 1:56pm On Sep 20, 2017
Olarewajub:
Hey Guys!

I submitted my application today (First Bank) and my account was debited immediately.


My confussion is no interest was paid, rather they took the whole sum i invested.

What should i do?

Bid date is tomorrow na.... Person wey get belle na him dey go labour room.

Expect ur tomorrow night or day after tomorrow
Re: Treasury Bills In Nigeria by Partnerbiz3: 2:43pm On Sep 20, 2017
skydiver01:


You are welcome. It is why I said liquidation can eat into your capital if rates have risen since your purchase. If rates have fallen in the period since you bought, liquidating it wont eat into your principal (as in your example above). Imagine if discount rates have risen to 21% and your TB was repurchased at that rate?
That's logical though..
Re: Treasury Bills In Nigeria by feelamong(m): 3:24pm On Sep 20, 2017
I have just gotten the results of the Auction....


Dear Feelamong,

Please find below the results of the NTB Auction for today 20th Sept 2017.

91 days - 13.15%

182 days - 16.8%

364 days - 17%

Happy Investing

8 Likes

Re: Treasury Bills In Nigeria by Nobody: 3:36pm On Sep 20, 2017
TONY56:



Except you were trying to invest over N50m. I can't really understand why you were not able to get a onecyr TB for "two autions".

If it was for less than N50m, you would have gone with the bank''s rate, and I have never heard that GTB failed to succeed in any of their bids this yr and from an earlier post, somebody posted that he had a successful 364day-TB with same bank in the last auction. So why is yours different?

Hope you are not being deceived by someone in the bank especially your accounts officer if you involved him

You better take a bow and leave to better TB banks
normally go with there rate but i have told my account officer if it fails am off to stanbic i went with my stanbic form in my hand
Re: Treasury Bills In Nigeria by Nobody: 3:37pm On Sep 20, 2017
feelamong:

I have just gotten the results of the Auction....


Dear Feelamong,

Please find below the results of the NTB Auction for today 20th Sept 2017.

91 days - 13.15%

182 days - 16.8%

364 days - 17%

Happy Investing


This is serious o embarassed embarassed
Re: Treasury Bills In Nigeria by Mmadu111: 3:42pm On Sep 20, 2017
feelamong:

I have just gotten the results of the Auction....


Dear Feelamong,

Please find below the results of the NTB Auction for today 20th Sept 2017.

91 days - 13.15%

182 days - 16.8%

364 days - 17%

Happy Investing
The fall is becoming sad
Re: Treasury Bills In Nigeria by anitank(f): 3:43pm On Sep 20, 2017
feelamong:

I have just gotten the results of the Auction....


Dear Feelamong,

Please find below the results of the NTB Auction for today 20th Sept 2017.

91 days - 13.15%

182 days - 16.8%

364 days - 17%

Happy Investing

What? embarassed

1 Like

Re: Treasury Bills In Nigeria by Nobody: 3:45pm On Sep 20, 2017
adegokekemi:



This is serious o embarassed embarassed
yes oh with the rise in crude price and inflation going down be prepared for the worst like 14 percent or even 10 percent we have been there before 9 percent ...this what manufacturers ,bankers want to have cheap deposite in there bank while lending at 20 to bussiness men
Re: Treasury Bills In Nigeria by Nobody: 3:50pm On Sep 20, 2017
[quote author=Alikote post=60656635]yes oh with the rise in crude price and inflation going down be prepared for the worst like 14 percent or even 10 percent we have been there before 9 percent ...this what manufacturers ,bankers want to have cheap deposite in there bank while lending at 20 to bussiness men [/quote

My God!!
Re: Treasury Bills In Nigeria by Nobody: 3:52pm On Sep 20, 2017
Alikote:
yes oh with the rise in crude price and inflation going down be prepared for the worst like 14 percent or even 10 percent we have been there before 9 percent ...this what manufacturers ,bankers want to have cheap deposite in there bank while lending at 20 to bussiness men

My God!!
Re: Treasury Bills In Nigeria by TopKol: 4:04pm On Sep 20, 2017
Even at this rate, it is not bad;

91 days - 13.15%

182 days - 16.8%

364 days - 17%

5 Likes

Re: Treasury Bills In Nigeria by yomi007k(m): 4:36pm On Sep 20, 2017
Alikote:
yes oh with the rise in crude price and inflation going down be prepared for the worst like 14 percent or even 10 percent we have been there before 9 percent ...this what manufacturers ,bankers want to have cheap deposite in there bank while lending at 20 to bussiness men

But do u know ds may just be temporary maybe due to d hurricane in d USA....if crude oil price falls again interest rates may jus go up again.

And another hope is by 2018 2nd quater it may pick up because of 2019 elections.

So im still optimistic.

5 Likes

Re: Treasury Bills In Nigeria by dotcomnamename: 4:45pm On Sep 20, 2017
MARKET ANALYSIS Dollar depressed ahead of FOMC decision

The Dollar has drifted lower against a basket of major currencies, ahead of the Federal Reserve decision later today, which is largely expected to conclude with an unchanged monetary policy.

With it being considered aprevious conclusionthat US interest rates will be left unchanged in September, much attention will likely be directed towards the Fed’s forward guidance, for clues on future monetary policy. While the central bank is also expected to announce the unwinding of its mammoth balance sheet today, the real action will be in the Fed’s economic projections and Yellen’s Press Conference. With concerns over low inflation in the U.S raising questions over when the next rate hike will come, it will be interesting to hear Yellen’s thoughts on this topic. This could be a very lively session for the Dollar, especially when considering how the FOMC will be updating its economic projections and providing its forecast for growth, inflation and interest rates.

Dollar bulls could be offered a rare opportunity to bounce back, if Yellen adopts a hawkish tone during her press conference. A situation where the Fed is cautious and expresses concern over low inflation, is likely to weigh on rate hike expectations, consequently punishing the Dollar.

The Dollar Index remains bearish on the daily charts, with sustained weakness below 91.50, encouraging a further decline towards 91.00.

Commodity spotlight – WTI

WTI Crude found comfort above $50 on Wednesday, after Iraq’s Oil Minister said OPEC and other oil producers were considering extending or even deepening supply cuts, to rebalance the markets.

As the OPEC meeting looms, an extension of the current production deal beyond March is a possibility, especially when considering how OPEC’s crude oil production fell last month, for the first time since April. With oil prices steadily appreciating, as investors become increasingly optimistic over OPEC’s effort to stabilize the saturated markets, the cartel should be encouraged to extend the current deal, which may fuel the upside.

Nigeria and Libya are likely to be in the spotlight during Friday’s OPEC meeting, with discussions centered on the progress of their deal to limit output. With both countries currently exempt from the OPEC led deal to cut production, it will be interesting to see if the two nations agree to limit their output and how this will impact oil prices.

Technical traders will continue to observe how WTI Crude behaves above $50. A solid daily close above this level should encourage a further appreciation towards $51.50.


https://www.thecable.ng/dollar-depressed-ahead-of-fomc-decision
Re: Treasury Bills In Nigeria by batom: 4:58pm On Sep 20, 2017
Hello house. Am new to this tb. I have 500k that I intend to use February next year. I want to use it on tb till January ending. How much profit will I get and how do I go about it
Re: Treasury Bills In Nigeria by MsChicxoxo(f): 7:11pm On Sep 20, 2017
batom:
Hello house. Am new to this tb. I have 500k that I intend to use February next year. I want to use it on tb till January ending. How much profit will I get and how do I go about it

@batom... Read the previous discussions on the thread am sure that will answer your questions.

1 Like

Re: Treasury Bills In Nigeria by Nobody: 8:46pm On Sep 20, 2017
yomi007k:


But do u know ds may just be temporary maybe due to d hurricane in d USA....if crude oil price falls again interest rates may jus go up again.

And another hope is by 2018 2nd quater it may pick up because of 2019 elections.

So im still optimistic.
those rate are not sustainable.,..we call it debt sustainability ratio of short and long term debt of nigeria
Re: Treasury Bills In Nigeria by yomi007k(m): 9:13pm On Sep 20, 2017
Alikote:
those rate are not sustainable.,..we call it debt sustainability ratio of short and long term debt of nigeria

Which rates sir?
Re: Treasury Bills In Nigeria by Nobody: 9:45pm On Sep 20, 2017
yomi007k:


Which rates sir?
18.5 most income nigeria generate just used to pay interest and salaries , then borrow more till we chook up
Re: Treasury Bills In Nigeria by amjustme2: 9:53pm On Sep 20, 2017
Oops, the going back to the days of old

feelamong:

I have just gotten the results of the Auction....


Dear Feelamong,

Please find below the results of the NTB Auction for today 20th Sept 2017.

91 days - 13.15%

182 days - 16.8%

364 days - 17%

Happy Investing
Re: Treasury Bills In Nigeria by punae: 9:18am On Sep 21, 2017
Alerts yet?
Re: Treasury Bills In Nigeria by Magnifico2000: 10:13am On Sep 21, 2017
TopKol:
Even at this rate, it is not bad;

91 days - 13.15%

182 days - 16.8%

364 days - 17%
The rate is really dropping now. I remember it 91days was 14% to 15% one time like that. Even though i got 83days at 15% around july.
Re: Treasury Bills In Nigeria by Magnifico2000: 10:33am On Sep 21, 2017
anitank:


cry How low do you think the rates would crash by October? My Tbill matures early next month and I plan to reinvest for another one year. But with posts like yours and other warning calls, I can't help but be very paranoid embarassed
Two of my tbils will mature oct 5. Im thinking of also reinvesting but the drop in rates are not encouraging
Re: Treasury Bills In Nigeria by abimbola01(m): 10:34am On Sep 21, 2017
Re: Treasury Bills In Nigeria by PinocchioDMZ: 11:36am On Sep 21, 2017
feelamong:

I have just gotten the results of the Auction....


Dear Feelamong,

Please find below the results of the NTB Auction for today 20th Sept 2017.

91 days - 13.15%

182 days - 16.8%

364 days - 17%

Happy Investing


Dear Feelamong,

Kindly advise on the possible rate of 182days and 364days in the next auction in October.

Thank you.
Re: Treasury Bills In Nigeria by Olarewajub: 12:26pm On Sep 21, 2017
I got 13% for 91days tenor. First Bank
Re: Treasury Bills In Nigeria by feelamong(m): 12:45pm On Sep 21, 2017
PinocchioDMZ:



Dear Feelamong,

Kindly advise on the possible rate of 182days and 364days in the next auction in October.

Thank you.

Still a far time off... just keep your eyes on the secondary market rates as they trade there daily
Re: Treasury Bills In Nigeria by kristien4(m): 12:51pm On Sep 21, 2017
feelamong:


Still a far time off... just keep your eyes on the secondary market rates as they trade there daily
Hello please help me answer this question,will 18% for 364days for primary market yield same amount as secondary market 18% for 310days for like 1million?.. if no.. how do u calculate the difference??

(1) (2) (3) ... (391) (392) (393) (394) (395) (396) (397) ... (2229) (Reply)

Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: 2 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 46
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.