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Treasury Bills In Nigeria - Investment (402) - 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 Kemade2007(f): 5:20pm On Oct 03, 2017
dotcomnamename:


Treasury Bills is the best! Your money is safe. kiss

Go for secondary market
Re: Treasury Bills In Nigeria by easyflow: 5:51pm On Oct 03, 2017
Kemade2007:


Please which bank
Stanbic
Re: Treasury Bills In Nigeria by Chizzy759831: 5:59pm On Oct 03, 2017
Kemade2007:


Please which bank


Please mail me, its important
chizzy759831@gmail.com

1 Like

Re: Treasury Bills In Nigeria by Kemade2007(f): 6:10pm On Oct 03, 2017
Chizzy759831:


Please mail me, its important
chizzy759831@gmail.com


Check your mail
Re: Treasury Bills In Nigeria by dotcomnamename: 6:11pm On Oct 03, 2017
Kemade2007:


Go for secondary market

You quote the wrong person. I was the one that said ''Treasury Bills is the best! Your money is safe'' grin
Re: Treasury Bills In Nigeria by Kemade2007(f): 6:13pm On Oct 03, 2017
dotcomnamename:


You quote the wrong person. I was the one that said ''Treasury Bills is the best! Your money is safe'' grin

Sorry was a mistake
Re: Treasury Bills In Nigeria by Destinydele: 6:20pm On Oct 03, 2017
please , can someone tell me where in Lagos to buy Tb at secondary market? I have account with first bank....
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:25pm On Oct 03, 2017
Destinydele:
please , can someone tell me where in Lagos to buy Tb at secondary market? I have account with first bank....


Walk into any First Bank.

1 Like

Re: Treasury Bills In Nigeria by katamo: 6:44pm On Oct 03, 2017
"Nigeria’s central bank is printing money to keep the government afloat and alarms are ringing"

https://qz.com/1093002/nigerias-central-bank-emefiele-is-printing-naira-to-buhari-government-afloat/

Interesting article I came across which has implications for T-bill investors...
Re: Treasury Bills In Nigeria by Kemade2007(f): 6:53pm On Oct 03, 2017
katamo:

"Nigeria’s central bank is printing money to keep the government afloat and alarms are ringing"

https://qz.com/1093002/nigerias-central-bank-emefiele-is-printing-naira-to-buhari-government-afloat/

Interesting article I came across which has implications for T-bill investors...

Please explain the implications for Tbill investors
Re: Treasury Bills In Nigeria by Destinydele: 7:10pm On Oct 03, 2017
please , can someone tell me where in Lagos to buy Tb at secondary market? I have account with first bank....some first bank's officials don't want our money to leave dormant account..They are annoyed see us go for tb..
Re: Treasury Bills In Nigeria by dotcomnamename: 7:15pm On Oct 03, 2017
I wanted to invest in StanbicIBTC Treasury Bills but the officer said i need to have existing bank account with StanbicIBTC before i can go ahead? shocked shocked shocked . I don't want to use FBN again, i already have TB investments with FBN.

Can someone confirm this?
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:19pm On Oct 03, 2017
Destinydele:
please , can someone tell me where in Lagos to buy Tb at secondary market? I have account with first bank....some first bank's officials don't want our money to leave dormant account..They are annoyed see us go for tb..

I have answered your question. Go to some of these branches in Lagos, Ajao Estate, Oba Akran, Ikeja Industrial estate, Lapal House, Stock exchange building, Investment house, Adetokunbo Ademola, Niger house, Keffi street, Marina, Head Office. Those are the branches I have done business with and still doing business with as per Treasury Bills

1 Like

Re: Treasury Bills In Nigeria by dotcomnamename: 7:19pm On Oct 03, 2017
Destinydele:
please , can someone tell me where in Lagos to buy Tb at secondary market? I have account with first bank....some first bank's officials don't want our money to leave dormant account..They are annoyed see us go for tb..

Don't mind them O! They did the same to me but i showed them pepper. Please insist and bluntly tell them that you have made up your mind and all you want is to invest your money on FBN Treasury Bills period. Tell them that no matter how hard they try to convince you, you won't change your mind. My brother they will eventually give up in good faith by the time they realize and feel the heat that like ''haaa this customer is really stubborn O!'' grin. If you give up before them they will invest your savings in the same Treasury Bills and make money from your savings. grin grin grin

10 Likes

Re: Treasury Bills In Nigeria by Destinydele: 7:23pm On Oct 03, 2017
Thank you all for your contributions...God bless you all
Re: Treasury Bills In Nigeria by Kemade2007(f): 8:52pm On Oct 03, 2017
dotcomnamename:
I wanted to invest in StanbicIBTC Treasury Bills but the officer said i need to have existing bank account with StanbicIBTC before i can go ahead? shocked shocked shocked . I don't want to use FBN again, i already have TB investments with FBN.

Can someone confirm this?

Yes u need to open account with them
Re: Treasury Bills In Nigeria by dotcomnamename: 9:26pm On Oct 03, 2017
Kemade2007:


Yes u need to open account with them

Yes they just told me again! cry
Re: Treasury Bills In Nigeria by katamo: 1:04am On Oct 04, 2017
Kemade2007:


Please explain the implications for Tbill investors

If CBN continues to print large amounts of money to support government borrowing, it will result in even higher levels of inflation. With higher levels of inflation, the real rate of return (nominal rate - inflation rate) will decrease. T-bill rates should adjust to reflect inflation in the medium term so bit better than longer term bonds.

Anyone looking to invest in longer term bonds like the FGN or sukuk bonds need to consider inflation risk before they lock in their funds for the long term.
Re: Treasury Bills In Nigeria by Nobody: 2:47am On Oct 04, 2017
Hello fellow investors I need your suggestions and advice please. I sold my shares up to 120k and told my brokers to reinvest in treasury bills but they said they are not into it. They suggested skuk and FGN bonds. Am not conversant with these investments my questions are
1. They said I can't buy TB on my own cept I have up to millions and I hear others talk of secondary makts here. Can that amount buy in sec mkts?
2. If am buying wit sec mkts must I go thru my brokers?

3. From the explanations and risks mentioned here do I go ahead and accept d 2year FGN bonds suggested by my brokers?

4. If an individual can buy TB in sec mkts do banks like GTB and UBA sell or its done only in some banks mentioned on this thread?

Thank you all as I look forward to your contributions
Re: Treasury Bills In Nigeria by dotcomnamename: 3:56am On Oct 04, 2017
priscaver:
Hello fellow investors I need your suggestions and advice please. I sold my shares up to 120k and told my brokers to reinvest in treasury bills but they said they are not into it. They suggested skuk and FGN bonds. Am not conversant with these investments my questions are
1. They said I can't buy TB on my own cept I have up to millions and I hear others talk of secondary makts here. Can that amount buy in sec mkts?
2. If am buying wit sec mkts must I go thru my brokers?

3. From the explanations and risks mentioned here do I go ahead and accept d 2year FGN bonds suggested by my brokers?

4. If an individual can buy TB in sec mkts do banks like GTB and UBA sell or its done only in some banks mentioned on this thread?

Thank you all as I look forward to your contributions

Don't mind them O!. I'm sick and tired of exposing those bankers when it comes to Treasury Bills. The moment they hear you want to invest your money into Treasury Bills they start hating you, they just hate that because thats where they will also invest your money into.

Just walk in to your bank and insist you want to invest your money in Treasury Bills, period! grin . Pretend as if you know much about it and you know what you but you don't just want to talk too much but all you want is Treasury Bills application form. Chikena! cheesy

2 Likes

Re: Treasury Bills In Nigeria by Onboard1: 4:03am On Oct 04, 2017
Odunharry:
. I doubt.
. For new subscribers:
*Fill in a subscription form and issue a cheque or
draft for the units applied for.
*Make a draft payable to Stanbic IBTC Money
Market Fund.
*Send your cheque, filled in subscription form and
other documents to any of our offices in Lagos,
Abuja or Port-Harcourt, or any branch of Stanbic
IBTC Bank.
Within five days, we will send you an email
confirming your purchase of units and telling you
how to log into your account.

For existing subscribers :
You can buy additional units using the channels
below:
ATM
Our secure online portal
Quicktellee.
Direct debit.

https://www.stanbicibtcbank.com/Nigeria/Individual/Saving-and-investing/Money-Market-Account

I am very pleased, thank you
Re: Treasury Bills In Nigeria by Onboard1: 4:05am On Oct 04, 2017
Kemade2007:


I walked in to Stanbic bank in my area. Met with the asset management officer. He gave me the form to fill since I don't have account with them.,I went to my bank for transfer to SMMF account then came back with the transfer form.So that's all.

Very helpful, thank you.
Re: Treasury Bills In Nigeria by Odunharry(m): 4:58am On Oct 04, 2017
Onboard1:

I am very pleased, thank you
You are welcome
Re: Treasury Bills In Nigeria by deepwater(f): 6:55am On Oct 04, 2017
dotcomnamename:


Don't mind them O!. I'm sick and tired of exposing those bankers when it comes to Treasury Bills. The moment they hear you want to invest your money into Treasury Bills they start hating you, they just hate that because thats where they will also invest your money into.

Just walk in to your bank and insist you want to invest your money in Treasury Bills, period! grin . Pretend as if you know much about it and you know what you but you don't just want to talk too much but all you want is Treasury Bills application form. Chikena! cheesy

S/he does not need to pretend grin

If only time can be taken to read this thread completely, one would walk Into any financial institution as if you have a Degree in Treasury Bills grin

It has been broken down here completely, but truth is that people no longer read any more.

3 Likes

Re: Treasury Bills In Nigeria by dotcomnamename: 7:41am On Oct 04, 2017
deepwater:


S/he does not need to pretend grin

If only time can be taken to read this thread completely, one would walk Into any financial institution as if you have a Degree in Treasury Bills grin

It has been broken down here completely, but truth is that people no longer read any more.

Yes i know but some of those guys can frustrate customer to an extent one just need to do the needful to get what the person want and just chill...

1 Like

Re: Treasury Bills In Nigeria by Nobody: 8:35am On Oct 04, 2017
dotcomnamename:


Don't mind them O!. I'm sick and tired of exposing those bankers when it comes to Treasury Bills. The moment they hear you want to invest your money into Treasury Bills they start hating you, they just hate that because thats where they will also invest your money into.

Just walk in to your bank and insist you want to invest your money in Treasury Bills, period! grin . Pretend as if you know much about it and you know what you but you don't just want to talk too much but all you want is Treasury Bills application form. Chikena! cheesy

Thanks a lot for your advise but if u read my post I was talking about brokers not bankers . in essence you are suggesting I should just collect my money from my brokers and buy TB and that an individual can buy with as low as a 100k? And when u want to sell do u deal with the banks directly or u go through brokers

1 Like

Re: Treasury Bills In Nigeria by Kemade2007(f): 9:25am On Oct 04, 2017
katamo:


If CBN continues to print large amounts of money to support government borrowing, it will result in even higher levels of inflation. With higher levels of inflation, the real rate of return (nominal rate - inflation rate) will decrease. T-bill rates should adjust to reflect inflation in the medium term so bit better than longer term bonds.

Anyone looking to invest in longer term bonds like the FGN or sukuk bonds need to consider inflation risk before they lock in their funds for the long term.

Thanks
Re: Treasury Bills In Nigeria by Kemade2007(f): 9:26am On Oct 04, 2017
Onboard1:


Very helpful, thank you.

Uwc
Re: Treasury Bills In Nigeria by opomulero(m): 9:53am On Oct 04, 2017
Any update on TBills interest rate for 91, 182 and 364 days?
Re: Treasury Bills In Nigeria by Chizzy759831: 10:06am On Oct 04, 2017
Kemade2007:


Check your mail

Thanks. I did msg u as well
Re: Treasury Bills In Nigeria by Nobody: 10:54am On Oct 04, 2017
priscaver:
Hello fellow investors I need your suggestions and advice please. I sold my shares up to 120k and told my brokers to reinvest in treasury bills but they said they are not into it. They suggested skuk and FGN bonds. Am not conversant with these investments my questions are
1. They said I can't buy TB on my own cept I have up to millions and I hear others talk of secondary makts here. Can that amount buy in sec mkts?
2. If am buying wit sec mkts must I go thru my brokers?

3. From the explanations and risks mentioned here do I go ahead and accept d 2year FGN bonds suggested by my brokers?

4. If an individual can buy TB in sec mkts do banks like GTB and UBA sell or its done only in some banks mentioned on this thread?

Thank you all as I look forward to your contributions

@ all, @emmanuelewumi, @Katamo , @kamade pls answer me. Still waiting for responses

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