yak:


can I come n do internship under u, please!!

hahahaha you gonna hire me on hourly basis, pay my biz class air fare and lodge me in 10 star hotel, then send me a pic of you eating compatible tax free indomie with a golden spoon...hahaha

khoyejo:
Please help me, let assume i buy tb of 300k for 91days with 11percent,what will be my return pls, help me

. 11 x 300k x 91/365 anything it give you the divide it you 100.

khoyejo:
Please help me, let assume i buy tb of 300k for 91days with 11percent,what will be my return pls, help me

Around 8250

Hi Good morning,I was given 10.5% rate for 6million at union bank for 162days on TB....pls I want to know my interest rate.Thanks

funkyglitzzy:
Hi Good morning,I was given 10.5% rate for 6million at union bank for 162days on TB....pls I want to know my interest rate.Thanks

Your interest rate is 10.5%

Bro.

you get 280, 394 naira

funkyglitzzy:
Hi Good morning,I was given 10.5% rate for 6million at union bank for 162days on TB....pls I want to know my interest rate.Thanks

Pls help me calculate my interest rate....I was given 10% for 122days at UBA for 6.5million and when I did request for the certificate I was told to come back when they debit my account.Pls help a novice ooooo it's my first time.

viviliciousglam:
Pls help me calculate my interest rate....I was given 10% for 122days at UBA for 6.5million and when I did request for the certificate I was told to come back when they debit my account.Pls help a novice ooooo it's my first time.

Hi,

your interest rate is 10%, like you stated.

Your expected return is 217, 857 naira... so you would be debitted 6, 282, 143 + a certain sum as VAT

I did with UBA too and you would get a TB certificate. just go back to the officer that did it for you. Alternatively, it might be sent thru mail.

just got 115 days @10.50% from FirstBank

dotcomnamename:



hahahaha you gonna hire me on hourly basis, pay my biz class air fare and lodge me in 10 star hotel, then send me a pic of you eating compatible tax free indomie with a golden spoon...hahaha

mogbe.
I rather join one of these political parties then

donrabii:
just got 115 days @10.50% from FirstBank

Is it feasible to get Fbn 365days on the next auction? 2M

donrabii:
just got 115 days @10.50% from FirstBank

meaning i can get 11% for 365 days on Friday na

Ok I got 12.4% for 84days at stanbic this morning.
120days at 12.1% I went for the 12.4%

Thanks a lot.

Yields in the money market space (and Treasury Bills in particular) have continued to decline for the fourth consecutive week. This sustained decline has been caused by a number of factors;

1. Reduction in the rate, volume sold and the frequency of sales of OMO treasury bills by the CBN.

2. Inflation has continued its downward trend since late last year where it peaked at ~18%. According to the Nigerian Bureau of Statistics, inflation currently stands at 13.34% (March 2018) down from 15.13% in January 2018, with the potential to remain on this trajectory. As a result of this, the CBN has hinted at a more accommodative posture by taking actions to reduce interest rates in the market.

-AXA Mansard (May 14, 2018)

diamond88:
Ok I got 12.4% for 84days at stanbic this morning.

120days at 12.1% I went for the 12.4%

hi bro, is it listed somewhere when you get in the bank or your account officer informs you.

aaronson:
hi bro, is it listed somewhere when you get in the bank or your account officer informs you.

My account officer never pick my calls. Frontdesk help me out by contacting other branch to get the irresistible rate. I asked her if she was sure of the rate and she said yes. I quickly grab it.

anyone has an idea of the sec market rate fbn is offering today

NL1960:


Shuooooo. Only you?. Make you leave some for others now. Are you trying to be 'small Dangote'?.

Nna eh make dash me some money make I still run one. But there is a bible verse backing these o. Ecclesiates 11:2a. Invest in seven ventures, yes , in eight;

diamond88:


My account officer never pick my calls. Frontdesk help me out by contacting other branch to get the irresistible rate. I asked her if she was sure of the rate and she said yes. I quickly grab it.

Thank you sir.

Source: Investment One

Base effect drives slowdown in headline inflation for the 15th consecutive month to 12.48% in April 2018

· Earlier today, the Nigerian Bureau of Statistics released the Inflation Report for April 2018, which showed a further moderation in headline inflation to 12.48% year-on-year (y/y), largely in line with our forecast and Bloomberg consensus (12.50%).

· Given the slight change in the Core sub-index (10.92% y/y in April 2018 against 11.18% y/y in March 2018), it appears as though the continued slowdown in headline inflation was driven by the Food sub-index, down to 14.80% y/y in April 2018, from 16.08% y/y in March 2018.

· In our view, the y/y change in the Food sub-index was partly due to the high base effect of H1 2017.

· However, the marginal rise in the month on month (m/m) movement in the Core sub index (0.87% m/m in April 2018 compared to 0.84% m/m in March 2018) and the muted change in the m/m increase in Food prices (0.91% m/m in April 2018) was supportive of the slow increase in consumer prices in April 2018.

· In the near term, we do not expect much of a reaction from markets as the headline inflation figure for April 2018 was largely expected.

· Nonetheless, the continued slowdown in the increase in consumer prices should be a positive for business and consumer sentiment, which could aid the performance of FCMG and Brewery names under our coverage.

· It could also increase the scope for the Monetary Policy Committee to cut its benchmark interest rate from 14% at the meeting next week (21st – 22nd May 2018).

· However, given the recent sell-off by foreign investors in the secondary fixed income market, on the back of rising yields in the US and heightened geopolitical tensions, we saw the Central Bank of Nigeria (CBN) aggressively tightening system liquidity to defend the local currency

· The bearish sentiment in the secondary fixed income market and the squeeze in system liquidity contributed to the yield on the one year Treasury bill surging back to 15% levels in the outgone week, from of 13% levels.

· As such, we could see the Monetary Policy Rate maintained at 14% at the end of the meeting next week as CBN tries to stabilize the market on the back of the recent foreign investor outflows.

With the next MPC meeting around the corner, no one can be sure of the outcome but it is likely there will be a hold on the MPR, nonetheless foreign investors are exiting hence the government needs to start making this bills attractive. Coupons may rise about 100-300 basis point in coming months. My sincere position is lock into shorter tenors if you have low liquidity so you do not miss out on better rates going forward or sell at a discount.

Due diligence is advised

is Treasury Bills for 90days 6.5% in Diamond Bank , i went to the Bank and the customer officer there tell me its 6.5%

spenca:
With the next MPC meeting around the corner, no one can be sure of the outcome but it is likely there will be a hold on the MPR, nonetheless foreign investors are exiting hence the government needs to start making this bills attractive. Coupons may rise about 100-300 basis point in coming months. My sincere position is lock into shorter tenors if you have low liquidity so you do not miss out on better rates going forward or sell at a discount.

Due diligence is advised

yes I think so cos investor are targeting 3 months and 6 months

ANYONE INVESTED TREASURY BILLS IN DIAMOND BANK AND IN WHAT RATE DOES THE BANK GAVE YOU?

janga:
ANYONE INVESTED TREASURY BILLS IN DIAMOND BANK AND IN WHAT RATE DOES THE BANK GAVE YOU?

Pls look for a better bank..

freeman67:


Pls look for a better bank..

so which Bank is best at moment for TB for i can registered account with them, i will like to invest huge account

janga:


so which Bank is best at moment for TB for i can registered account with them, i will like to invest huge account

First Bank

janga:


so which Bank is best at moment for TB for i can registered account with them, i will like to invest huge account

1.....Stanbic IBTC.
2... First Bank.
3... GTBANK.
But "Firstbank" is the Best for secondary Markets and most professional among all when it comes to TB.
Honest hierarchical Banks on TB.

For investors interested in Federal Government Bond.
But the minimum is 5 years @ 12.75%.
https://www.vanguardngr.com/2018/05/fg-auction-n70bn-bonds-may-23/

janga:


so which Bank is best at moment for TB for i can registered account with them, i will like to invest huge account

TB Secondary rates today at Stanbic bank. 86days 12.2%; 212 days 11.8% and 191 days 12%. Much better than the stop rates two weeks ago at the last primary auction. Maybe the rates will be better tomorrow.

Note the minimum subscription is 50,001,000 Naira

Gavrelino123:
For investors interested in Federal Government Bond.
But the minimum is 5 years @ 12.75%.
https://www.vanguardngr.com/2018/05/fg-auction-n70bn-bonds-may-23/