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Treasury Bills In Nigeria - Investment (511) - 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 NL1960: 5:44pm On May 07, 2018
michellez:


Anyone looking to do FD should approach Micro Finance Banks, some offer as much as 20% for 5M or more.

20% ke?. What do they invest it in to recover the funds and make profit?.
Re: Treasury Bills In Nigeria by flexyrule(m): 6:53pm On May 07, 2018
spenca:


Okay this two government securities are typically of two different classes, the T-Bills is a money market instrument while bonds are capital market. The major difference is the tenor, the TBills go for shorter tenor than the Bonds that are for longer tenor. In Nigeria's economy the longest tenor for a TBill is 354 Days while the shortest for the Bond is 2 years in the case of the FGN savings bond.

Bottom line

Regardless of the yield your investment strategy matters, do you want to go long with your asset or you are holding a short position.
Oh thank you very much. I sincerely appreciate.
Re: Treasury Bills In Nigeria by IHelp: 7:01pm On May 07, 2018
NL1960:


20% ke?. What do they invest it in to recover the funds and make profit?.

The higher the risk, the higher the return. They also offer loans to people at crazy rate.

1 Like

Re: Treasury Bills In Nigeria by Nobody: 7:06pm On May 07, 2018
spenca:


Take it


Sweet deal.
Re: Treasury Bills In Nigeria by freeman67: 7:51pm On May 07, 2018
Horlartunes:
abeg drop your whatsapp so you help me how to go with it

No need dropping any what'sapp number again.. Everything can be discussed here.
Re: Treasury Bills In Nigeria by Horlartunes: 8:18pm On May 07, 2018
freeman67:


No need dropping any what'sapp number again.. Everything can be discussed here.
help me to.calculate 20m for 364 days will give how much
Re: Treasury Bills In Nigeria by freeman67: 8:20pm On May 07, 2018
Horlartunes:
help me to.calculate 20m for 364 days will give how much
@ what rate(%)?
Re: Treasury Bills In Nigeria by Horlartunes: 8:22pm On May 07, 2018
freeman67:

@ what rate(%)?
the current
CBN rate GTB
Re: Treasury Bills In Nigeria by freeman67: 8:31pm On May 07, 2018
Horlartunes:
the current
CBN rate GTB

You will have to contact GTB to know what their current rate is.
Re: Treasury Bills In Nigeria by Horlartunes: 8:41pm On May 07, 2018
freeman67:


You will have to contact GTB to know what their current rate is.
gimme your whatsapp Bros
Re: Treasury Bills In Nigeria by Jesusbabygirl(f): 2:59am On May 08, 2018
zamirikpo:


yes, even at that I am still better off, as long as skyebank survives the next 364days. read pages 506,507,508 the maths has been done by a good Samaritan.

and mind u the last TB rate was 11.49% for 364days who knows what the next one will be in 2weeks, I couldn't wait to find out.
Makes sense...
Re: Treasury Bills In Nigeria by Mfunkynation(m): 5:16am On May 08, 2018
Horlartunes:
oga boss how do you calculate it sir
(tenor % rate x capital/ 365) x tenor days
Re: Treasury Bills In Nigeria by TONY56: 9:58am On May 08, 2018
michellez:


Anyone looking to do FD should approach Micro Finance Banks, some offer as much as 20% for 5M or more.


Hmmmmmmmmmmmmmmmmmmmm.
Please! Please!! & Please!!!
Be very very careful about investing your funds in Micro Finance Banks.

It's actually true that you can get 20% for N5m or over BUT you MAY not get your money back at the expiration.

Usually, they come begging you to role over at expiration and if you insist that you must have your money back, then they start telling you stories and give you promises. If at all you will get something back from them, you will be lucky to get only a fraction of your investment and you will be asked to convert whatever you're owed to own share in the company or their board as non sitting director.

This is what a stubborn friend of mine is going through for over 3yrs now and they are owing him over N50m.

So shine your eyes before you leap o and avoid unnecessary suicide because of greed expecially if the money is not yours.

The good thing I know is that you won't come back to tell us here if and when you get your fingers burnt.

Usually, some of them would pay you once or twice to lure you and later come out in their true colours.

33 Likes 3 Shares

Re: Treasury Bills In Nigeria by diamond88: 10:22am On May 08, 2018
TONY56:



Hmmmmmmmmmmmmmmmmmmmm.
Please! Please!! & Please!!!
Be very very careful about investing your funds in Micro Finance Banks.

It's actually true that you can get 20% for N5m or over BUT you MAY not get your money back at the expiration.

Usually, they come begging you to role over at expiration and if you insist that you must have your money back, then they start telling you stories and give you promises. If at all you will get something back from them, you will be lucky to get only a fraction of your investment and you will be asked to convert whatever you're owed to own share in the company or their board as non sitting director.

This is what a stubborn friend of mine is going through for over 3yrs now and they are owing him over N50m.

So shine your eyes before you leap o and avoid unnecessary suicide because of greed expecially if the money is not yours.

The good thing I know is that you won't come back to tell us here if and when you get your fingers burnt.

Usually, some of them would pay you once or twice to lure you and later come out in their true colours.

hmmm CBN should here this. Your friend should have lay complain to CBN so that he get paid
Re: Treasury Bills In Nigeria by diamond88: 10:23am On May 08, 2018
anyone knows the current secondary rate of stabic ?
Re: Treasury Bills In Nigeria by KpagoGIN(m): 10:26am On May 08, 2018
TONY56:



Hmmmmmmmmmmmmmmmmmmmm.
Please! Please!! & Please!!!
Be very very careful about investing your funds in Micro Finance Banks.

It's actually true that you can get 20% for N5m or over BUT you MAY not get your money back at the expiration.

Usually, they come begging you to role over at expiration and if you insist that you must have your money back, then they start telling you stories and give you promises. If at all you will get something back from them, you will be lucky to get only a fraction of your investment and you will be asked to convert whatever you're owed to own share in the company or their board as non sitting director.

This is what a stubborn friend of mine is going through for over 3yrs now and they are owing him over N50m.

So shine your eyes before you leap o and avoid unnecessary suicide because of greed expecially if the money is not yours.

The good thing I know is that you won't come back to tell us here if and when you get your fingers burnt.

Usually, some of them would pay you once or twice to lure you and later come out in their true colours.
To before warned...... money doesn't need to much words, have learnt my lessons thou was lucky in my case.....that said bank thought a lesson and I will be forever grateful I learnt.
Re: Treasury Bills In Nigeria by NL1960: 10:29am On May 08, 2018
TONY56:



Hmmmmmmmmmmmmmmmmmmmm.
Please! Please!! & Please!!!
Be very very careful about investing your funds in Micro Finance Banks.

It's actually true that you can get 20% for N5m or over BUT you MAY not get your money back at the expiration.

Usually, they come begging you to role over at expiration and if you insist that you must have your money back, then they start telling you stories and give you promises. If at all you will get something back from them, you will be lucky to get only a fraction of your investment and you will be asked to convert whatever you're owed to own share in the company or their board as non sitting director.

This is what a stubborn friend of mine is going through for over 3yrs now and they are owing him over N50m.

So shine your eyes before you leap o and avoid unnecessary suicide because of greed expecially if the money is not yours.

The good thing I know is that you won't come back to tell us here if and when you get your fingers burnt.

Usually, some of them would pay you once or twice to lure you and later come out in their true colours.

That your friend is not serious or he must be one of the 'lazy youths' or 'over lazy adult'. How can he have N50m and he goes to do a FD in a microfinance bank?. The capital base for a unit MFB is N20m.

3 Likes

Re: Treasury Bills In Nigeria by dotcomnamename: 10:38am On May 08, 2018
TONY56:



Hmmmmmmmmmmmmmmmmmmmm.
Please! Please!! & Please!!!
Be very very careful about investing your funds in Micro Finance Banks.

It's actually true that you can get 20% for N5m or over BUT you MAY not get your money back at the expiration.

Usually, they come begging you to role over at expiration and if you insist that you must have your money back, then they start telling you stories and give you promises. If at all you will get something back from them, you will be lucky to get only a fraction of your investment and you will be asked to convert whatever you're owed to own share in the company or their board as non sitting director.

This is what a stubborn friend of mine is going through for over 3yrs now and they are owing him over N50m.

So shine your eyes before you leap o and avoid unnecessary suicide because of greed expecially if the money is not yours.

The good thing I know is that you won't come back to tell us here if and when you get your fingers burnt.

Usually, some of them would pay you once or twice to lure you and later come out in their true colours.

I know someone that worked with a micro finance bank and he looted over 140million naira, built two houses in lagos and two nursery schools, obtained US visas for himself and his family 4 of them, was arrested at airport when boarding their flight to US. Trying to run/relocate to the US permanently. Imagine what their customers will be going through for their hard earned. money. I can never advice anyone to invest in micro finance bank. They are addicted to stories when you are about to collect your money O! grin

6 Likes 2 Shares

Re: Treasury Bills In Nigeria by priscai(m): 10:54am On May 08, 2018
Please TB and Money market fund Stanbic which is more profitable. Had an investment on MMF but don't understand how is being calculated. TB seems to be more understandable.

Please need to understand this MMF. Thank you.
Re: Treasury Bills In Nigeria by TONY56: 10:56am On May 08, 2018
NL1960:


That your friend is not serious or he must be one of the 'lazy youths' or 'over lazy adult'. How can he have N50m and he goes to do a FD in a microfinance bank?. The capital base for a unit MFB is N20m.



You see, that's the result of greed.
I guess he didn't know just like me too that the capital Base is N20m.

Moreover, they have not and will never tell him that they won't pay. They keep telling him that they have constraints and that they will pay.

Maybe he too has suddenly realised that he shouldn't have placed such huge amount in a N20m capital based bank.

He was rolling over and collecting interest for about 3yrs and at about 25%.

The last he told me was that he would approach them to keep paying his interests so that with time, he would be able to recoup his principal. I hope they will even be in a position to pay interest now.

I guess maybe there's nothing the CBN can do to help him out especially since you say that their capital base is N20m. If a bank is distressed and as a result, can't even pay you the amount you desire even in a savings account, is there anything CBN can do to force them to pay what they don't have?

It has been repeated here times without numbers that "the higher the interest, the higher the risks" but people who are greedy would not listen until they witness it.

I simply laughed when someone said Skye wants to pay 13% for Fixed deposit. Yes, they can pay what Stambic, First, Zenith, GT and other 1st tier banks can't pay because they are standing just on one leg and they know that should they fall, they will fall with their customers and nothing will happen other than the NDIC paying everyone same paltry amount that is guaranteed by law.

I doubt if any 1st tier an can pay 10%

2 Likes

Re: Treasury Bills In Nigeria by WhiteChocolate(f): 11:43am On May 08, 2018
diamond88:
anyone knows the current secondary rate of stabic ?
Heading to Stanbic now.
Re: Treasury Bills In Nigeria by diamond88: 11:50am On May 08, 2018
WhiteChocolate:
Heading to Stanbic now.

ok i will like to know the outcome of your findings
Re: Treasury Bills In Nigeria by aremso(m): 11:59am On May 08, 2018
Horlartunes:
abeg drop your whatsapp so you help me how to go with it

08032966258
Re: Treasury Bills In Nigeria by WhiteChocolate(f): 12:36pm On May 08, 2018
diamond88:
anyone knows the current secondary rate of stabic ?

219 days - 10.75
107 days - 10.20
170 days 10.45

That's about it for today.
Re: Treasury Bills In Nigeria by diamond88: 1:07pm On May 08, 2018
WhiteChocolate:


219 days - 10.75
107 days - 10.20
170 days 10.45

That's about it for today.

nice...i have been contacting my account officer....she heard my voice and form ghost mode. next dialing shes not picking. sad angry
Re: Treasury Bills In Nigeria by dotcomnamename: 1:48pm On May 08, 2018
diamond88:


nice...i have been contacting my account officer....she heard my voice and form ghost mode. next dialing shes not picking. sad angry


Please i'm eating Peppersoup... Just stop this, pls stop... grin

3 Likes

Re: Treasury Bills In Nigeria by spenca: 1:50pm On May 08, 2018
TONY56:



You see, that's the result of greed.
I guess he didn't know just like me too that the capital Base is N20m.

Moreover, they have not and will never tell him that they won't pay. They keep telling him that they have constraints and that they will pay.

Maybe he too has suddenly realised that he shouldn't have placed such huge amount in a N20m capital based bank.

He was rolling over and collecting interest for about 3yrs and at about 25%.

The last he told me was that he would approach them to keep paying his interests so that with time, he would be able to recoup his principal. I hope they will even be in a position to pay interest now.

I guess maybe there's nothing the CBN can do to help him out especially since you say that their capital base is N20m. If a bank is distressed and as a result, can't even pay you the amount you desire even in a savings account, is there anything CBN can do to force them to pay what they don't have?

It has been repeated here times without numbers that "the higher the interest, the higher the risks" but people who are greedy would not listen until they witness it.

I simply laughed when someone said Skye wants to pay 13% for Fixed deposit. Yes, they can pay what Stambic, First, Zenith, GT and other 1st tier banks can't pay because they are standing just on one leg and they know that should they fall, they will fall with their customers and nothing will happen other than the NDIC paying everyone same paltry amount that is guaranteed by law.

I doubt if any 1st tier an can pay 10%


well sadly, there is a lesson to learn here. Most fund managers know too well to diversify, since we are our own fund manager we should learn to diversify. It is key in cushioning risk.

Be on the good side of the market
Re: Treasury Bills In Nigeria by dotcomnamename: 1:52pm On May 08, 2018
spenca:


well sadly, there is a lesson to learn here. Most fund managers know too well to diversify, since we are our own fund manager we should learn to diversify. It is key in cushioning risk.

Be on the good side of the market

You're right. But finding the channel(s) to diversify to is another major problem for we investors. grin
Re: Treasury Bills In Nigeria by spenca: 1:54pm On May 08, 2018
dotcomnamename:


You're right. But finding the channel(s) to diversify to is another major problem for we investors. grin

There are few out there , do your DD and what is best for you
Re: Treasury Bills In Nigeria by dotcomnamename: 2:00pm On May 08, 2018
spenca:


There are few out there , do your DD and what is best for you

You mean few with more risk than TB and MF? grin
Re: Treasury Bills In Nigeria by Kolping: 2:33pm On May 08, 2018
@ogedanny

Do you know how to buy FBN Eurobond?

ogedanny:


it's time to buy FBN Eurobond fund
Re: Treasury Bills In Nigeria by diamond88: 2:40pm On May 08, 2018
dotcomnamename:



Please i'm eating Peppersoup... Just stop this, pls stop... grin

undecided

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