₦airaland Forum

rychard:
Hi , All

What's the minimum amount one can invest in T.bills?

zinaunreal:

Ahan,,Why u dey shine teeth na,,

Instead of to provide answer...

lancee:
Really dropping fast ...waiting for what Gt got this time

Did anyone win the 364-day bid with GTBank?

GetPosted:
Did anyone win the 364-day bid with GTBank?

I actually put in for that bid and told them to use their best rate possible. Up till now no deduction i guess they lost or am i missing something?

[quote author=GetPosted post=66862863]Did anyone win the 364-day bid with GTBank?[/quote


Got in touch ..told me they re waitin for outcome..I don't think so at the moment , chances are slim ..planning sec mkt by monday

Hello house!
please has anyone been debited by Stanbic bank for 364 days. any information please. Thanks

zamirikpo:
So federal govt wants to stop paying my house rent

It is well ooh....

No mind them. They want to stop paying my pikin school fees. Wicked federal govt.

NL1960:
No mind them. They want to stop paying my pikin school fees. Wicked federal govt.

No be small ooo. Na to just lock the money for any better rate. It's really going down. Oil is going up.

Got a message Gtb 364 days didn't go thru, don't know if other banks got it right this time



Another msg 10% @ 111 days

sec mkt self don dey come down

lancee:
Another msg 10% @ 111 days

sec mkt self don dey come down

What else do you expect?
That's how it is.

People better lock their money into wherever they can get between 11% & 12.5% for between 280 & 360days tenor now. Else they come back here maybe by June or July to say "had I know". That's why a lot of people who understands are trying seriously to get 364days tenor at the primary market despite its "fantastically fantastic" over subscription of over 1600%.

They all know what they are doing and most of the individuals are also keeping their eyes on the secondary market for the longest tenors possible if they are not successful at the primary market-that's the strategy.

I subscribed for the treasury bill from Gt but up till this moment I have not heard anything from them, what could be wrong? Why the non response?

TONY56:

What else do you expect?
That's how it is.

People better lock their money into wherever they can get between 11% & 12.5% for between 280 & 360days tenor now. Else they come back here maybe by June or July to say "had I know". That's why a lot of people who understands are trying seriously to get 364days tenor at the primary market despite its "fantastically fantastic" over subscription of over 1600%.

They all know what they are doing and most of the individuals are also keeping their eyes on the secondary market for the longest tenors possible if they are not successful at the primary market-that's the strategy.

U re correct sir , waiting another 2 weeks long , for me secondary market offers with mid / long tenor is where to xplore now

zamirikpo:
So federal govt wants to stop paying my house rent

It is well ooh....

the party is over bro...

#lazyYootsNoDeyNaija

On monday, i was offered 256 days @ 12.6% in fbn sec mkt which i rejected. D tb guy told me he'd get in touch when he saw a longer tenor. Today i followed up my form i dropped with him. The following were offered: 63 days: 8%, 78 days: 7%, 230 days(longest tenor available): 10.3%. I shapperly opted for 230 days tenor by it turns 5%. Abeg, when oil pbg go turn $10? As d price dey go up, nah to d disadvantage of us tb enthusiasts. Lolz.

I think FG want more people to embrace the savings bond. This month offer was 2yrs - 10.75% per annum and 3yrs - 11.75% per annum.

IHelp:
I think FG want more people to embrace the savings bond. This month offer was 2yrs - 10.75% per annum and 3yrs - 11.75% per annum.

NO be small thing oo. Party is almost over for tbills

eniorisha:
On monday, i was offered 256 days @ 12.6% in fbn sec mkt which i rejected. D tb guy told me he'd get in touch when he saw a longer tenor. Today i followed up my form i dropped with him. The following were offered: 63 days: 8%, 78 days: 7%, 230 days(longest tenor available): 10.3%. I shapperly opted for 230 days tenor by it turns 5%. Abeg, when oil pbg go turn $10? As d price dey go up, nah to d disadvantage of us tb enthusiasts. Lolz.

Which bank SIr?

IHelp:
I think FG want more people to embrace the savings bond. This month offer was 2yrs - 10.75% per annum and 3yrs - 11.75% per annum.

How do you calculate the FG BONDs? And where do i buy it? No time to waste

lowkey28:
Which bank SIr?

FIRST BANK(fbn)

eniorisha:
FIRST BANK(fbn)

That's no good news from first bank. Just wondering what rate it would be in 2weeks?? I'm expecting my tbills to drop so i can lock it again before i leave them finally

IHelp:
I think FG want more people to embrace the savings bond. This month offer was 2yrs - 10.75% per annum and 3yrs - 11.75% per annum.

Treasury bills is still more favourable than that bond even at 10%.

why?
when you get your interest upfront, you can reinvest for more profits. But the bond pays interest every 3 months which will only be a fraction of what treasury bill holder gets upfront.

the only other option right now is EQUITY FUNDS

Pls any news from stanbic ibtc

Up till now no deductions no news........kilonde

zamirikpo:
Pls any news from stanbic ibtc

Up till now no deductions no news........kilonde

Boss, i know know say u sabi Yoruba ooo

zamirikpo:
Pls any news from stanbic ibtc

Up till now no deductions no news........kilonde

Seems they lost the bid.

Firstbank returned my money, failed bid to try again in 2 weeks time.

Jejebaba:
Boss, i know know say u sabi Yoruba ooo

When the matter Don strong I can even speak Swahili....

zinaunreal:
Seems they lost the bid.

Pls no assumptions........

Nobody should tell me story abt 12% that I am even managing.

Pls who get stanbic GMD fone number abeg.....

zamirikpo:
Pls no assumptions........

Nobody should tell me story abt 12% that I am even managing.

Pls who get stanbic GMD fone number abeg.....

RealityShot:
Treasury bills is still more favourable than that bond even at 10%.

why?
when you gen your interest upfront, can reinvest for more profits. But th bond pays interest every 3 months which will only be a fraction of what treasury bill holder gets upfront.

the only other option right now is EQUITY FUNDS

I don't have much knowledge about the equity bonds. can you please tell us how it works?

lowkey28:
I don't have much knowledge about the equity bonds. can you please tell us how it works?

Read this:
https://nairametrics.com/5-nigerian-mutual-funds-beat-market-2017/

It's simple, you give funds to fund managers
who invest in stocks and share the gains
amongst all the contributors to the fund.

Managers may decide to put all funds in stocks/equity
or share funds and put some in safer investment media
like treasury bills etc

EXAMPLE :

Fund Name: Stanbic IBTC Nigerian Equity Fund
Asset Allocation: Min 75% Equities Max 25% Fixed Income
Guarantee: None
Handling Charges: 2% of redemption proceeds (if investments are redeemed within the first three months)
Investment Horizon: Long-term
Investment Objective: Capital appreciation
Minimum Investment: NGN 50,000.00
Nominal Value: N1,000.00
Redemption: Within 5 working days
Restricted Investment: None
Risk: Investors with High Risk Appetite
Subsequent Investment : NGN 20,000.00

RealityShot:
Read this:
https://nairametrics.com/5-nigerian-mutual-funds-beat-market-2017/

It's simple, you give funds to fund managers
who invest in stocks and share the gains
amongst all the contributors to the fund.

Managers may decide to put all funds in stocks/equity
or share funds and put some in safer investment media
like treasury bills etc

EXAMPLE :

Fund Name: Stanbic IBTC Nigerian Equity Fund
Asset Allocation: Min 75% Equities Max 25% Fixed Income
Guarantee: None
Handling Charges: 2% of redemption proceeds (if investments are redeemed within the first three months)
Investment Horizon: Long-term
Investment Objective: Capital appreciation
Minimum Investment: NGN 50,000.00
Nominal Value: N1,000.00
Redemption: Within 5 working days
Restricted Investment: None
Risk: Investors with High Risk Appetite
Subsequent Investment : NGN 20,000.00

Risk ke?. I nor dey joke with risk