Treasury Bills In Nigeria - Investment (455) - Nairaland
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| Re: Treasury Bills In Nigeria by ositadima1(m): 9:00am On Jan 12, 2018 |
Kimsunh:hahaha, she is a tough Youroba girl o, probably from Ijebu community, no try am o. |
| Re: Treasury Bills In Nigeria by vitality22(m): 9:22am On Jan 12, 2018 |
Goodness29:Huhhh , Ahhhh this girl can curse person for africa ooooo |
| Re: Treasury Bills In Nigeria by Goodness29: 10:12am On Jan 12, 2018 |
Kimsunh:@Kimsunh ..I am so sorry about this post ...you are not the one I am talking about,the person I really want to reply his message is MR Zinaunreal not you at all ...I am deeply sorry sir |
| Re: Treasury Bills In Nigeria by zinaunreal(m): 10:33am On Jan 12, 2018 |
Goodness29:reply your jobless status |
| Re: Treasury Bills In Nigeria by dipoolowoo: 11:12am On Jan 12, 2018 |
T-Bills Market Bullish as CBN Resumes OMO Sales https://www.businesspost.ng/2018/01/12/t-bills-market-bullish-cbn-resumes-omo-sales/ |
| Re: Treasury Bills In Nigeria by Tojued: 12:32pm On Jan 12, 2018 |
Goodness29:The first insult I've received on nairaland. I take this as my baptism ![]() Don't worry, I won't bother sending your curses back to you. Apologies to the house for derailing. And since they've made me comment thanks for all the knowledge you guys drop here, this thread is worth more than one year in university. |
| Re: Treasury Bills In Nigeria by eniorisha(m): 1:14pm On Jan 12, 2018 |
Happy new year to u all. Looking forward to a wonderful time in d misdt of financial gurus on this thread |
| Re: Treasury Bills In Nigeria by Viqtour(m): 1:55pm On Jan 12, 2018 |
Please do banks collect withholding tax from the interest. If yes how many percent? |
| Re: Treasury Bills In Nigeria by TONY56: 2:23pm On Jan 12, 2018 |
Viqtour:There's no tax at all on Treasury Bills investments o. But there are charges that the banks charge like custodian fees, transaction fees. Also you may be charged stamp duties & VAT on the transfers from your account as approved by the CBN |
| Re: Treasury Bills In Nigeria by Viqtour(m): 2:30pm On Jan 12, 2018 |
TONY56:Thanks |
| Re: Treasury Bills In Nigeria by dotcomnamename: 2:47pm On Jan 12, 2018 |
Anyone with the current TB rate? My TB matured today, i wish i can still get the same 18% ... maybe i should just jump in Mutual Funds mmf Anyone with correct ideas? |
| Re: Treasury Bills In Nigeria by Cation(m): 3:06pm On Jan 12, 2018 |
18% may not be possible for now, the rates may continue to drop until the end of the second quarter. You can just go for 182days bill in the next auction because money market mutual fund will have a positive correlation with drop in tbill yields. |
| Re: Treasury Bills In Nigeria by Investnow2017: 3:22pm On Jan 12, 2018 |
dotcomnamename:As at yesterday my SIMMF was 16.8%. Will always be 1 or 2% higher than TBills |
| Re: Treasury Bills In Nigeria by LordBaelish: 3:22pm On Jan 12, 2018 |
Cation:So in essence an increase in Tbills means a decrease in MMF's? |
| Re: Treasury Bills In Nigeria by dotcomnamename: 3:29pm On Jan 12, 2018 |
Investnow2017:Which one is SIMMF? |
| Re: Treasury Bills In Nigeria by vitality22(m): 4:47pm On Jan 12, 2018 |
Investnow2017:Correct |
| Re: Treasury Bills In Nigeria by vitality22(m): 4:49pm On Jan 12, 2018 |
dotcomnamename:That should be Stanbic Ibtc Money Market Fund |
| Re: Treasury Bills In Nigeria by dotcomnamename: 4:58pm On Jan 12, 2018*. Modified: 6:50pm On Jan 12, 2018 |
vitality22:Oh.. |
| Re: Treasury Bills In Nigeria by damilola1978: 5:19pm On Jan 12, 2018 |
GODAKPAN:please how long did it take first bank to drop the interest |
| Re: Treasury Bills In Nigeria by Lexit: 5:58pm On Jan 12, 2018 |
TONY56:' Our problem is nothing but laziness. If those coming on board this thread afresh can endeavour to read even just first 10 pages of this thread, I m sure all these JAMB questions some ask here wont be necessary! Let newbies learn to read instead of keep asking questions that have been answered several times on this thread. Thanks. |
| Re: Treasury Bills In Nigeria by TONY56: 6:11pm On Jan 12, 2018 |
dotcomnamename:Hmmmmmm. Are you sure the maturity day is today and not next Thursday?. I am asking cause I have never heard of Treasury Bills maturing on a Friday before. They usually mature on Thursdays. |
| Re: Treasury Bills In Nigeria by Agbaletu: 6:28pm On Jan 12, 2018 |
TONY56:You are right. I got a call from Zenith Bank that my TB will mature next week Thursday. |
| Re: Treasury Bills In Nigeria by dotcomnamename: 6:48pm On Jan 12, 2018 |
TONY56:Yes alert received from FBN. I first received email notice. |
| Re: Treasury Bills In Nigeria by Cation(m): 8:36pm On Jan 12, 2018 |
LordBaelish:No! increase in Tbills rate lead to increase in money market rate |
| Re: Treasury Bills In Nigeria by TONY56: 9:44pm On Jan 12, 2018 |
dotcomnamename:It's okay if you say so but it's news to me |
| Re: Treasury Bills In Nigeria by chyima(f): 10:39pm On Jan 12, 2018 |
TONY56:I think Tbill bought in secondary market could mature any day of the week , |
| Re: Treasury Bills In Nigeria by Nobody: 10:45pm On Jan 12, 2018 |
My TB will expire next week thursday and I want to know whether that Stanbic Ibtc Money Market Fund will be better or should I continue with TB? |
| Re: Treasury Bills In Nigeria by Nobody: 1:10am On Jan 13, 2018 |
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| Re: Treasury Bills In Nigeria by dipoolowoo: 2:27am On Jan 13, 2018 |
Overnight Rate Jumps as T-Bills Market Trades Flat https://www.businesspost.ng/2018/01/13/overnight-rate-jumps-t-bills-market-trades-flat/ |
| Re: Treasury Bills In Nigeria by TONY56: 2:42am On Jan 13, 2018 |
chyima:If so, can you please explain to me how it is possible since Primary market sales are done on Wednesdays and Secondary market sales are the reselling of TBs purchased at the Primary market auctions before the expiration of its tenure. |
| Re: Treasury Bills In Nigeria by InvestorsMind: 2:46am On Jan 13, 2018 |
Is it not too risky to invest 5million on mf? |
| Re: Treasury Bills In Nigeria by BBFE: 4:15am On Jan 13, 2018 |
Investnow2017:While the submission that MMFs yields are greater than T-bills rates is true, you are looking at it from a wrong angle. What you have done was to compare rates with yield; T-bills rates and MMF yield are not the same. To get an apples to apples comparison, please compare the MMF yields with T-bills yields. The 16.8% MMF yield you quoted above is the equivalent of 14.4% T-bills rate. MMFs invest in T-bills, CPs and other short term instruments with maturities of less than 2 years, so their reference yields can NEVER be greater than T-bills yields. This is because T-bill is the core of their investment portfolio. The 16.8% yield you quoted above is slightly greater than the T-bills yield of 16.69% derivable from the stop rate of 14.3% of the last auction. This is because we are coming from a higher interest rate environment and the MMFs are still heavily invested in T-bills yielding 20%+. That is why both yields are neck and neck at the moment. Expect the spread between both yields to widen, with the T-bills yield higher, as we remain in this low rate environment. Thank you. |
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, Ahhhh this girl can curse person for africa ooooo 
... maybe i should just jump in Mutual Funds mmf