jolyment:


Exactly ,it is good for idle funds but not the best in terms of returns. Imagine buying T bills 500k and you are paid upront profit of less than 20k because you bought it for three months. Investing it in a business that you know will be far from that 20k.

Burchester:


How do I engage in rice farming ?

wamiikechukwu:


Business have a high risk you know.... How about you get scammed, run at a loss, lost your good, capital risk... There are lot of businesses risk

Read more about business risk via this link http://www.360forextrader.com/4-financial-risk-businesses-face-in-nigeria/

jolyment:
Investment in real business is better than T bills in terms of returns. Rice farming with 150naira can generate 1m naira in 3 months. My rice farming is doing well now and my prayer is that herdsmen will not attack the farm. No risk no money.

360great:
How do i go about this?

jolyment:


Where are you?

360great:
Lagos

jolyment:


I am in Zamfara

360great:
Hmmmm....not possible then?

Acidosis:



Lol, me I'm done with Tbills, I've found a new love.

jolyment:

Same here

jolyment:


Where are you living?

Burchester:


Kano/Kaduna.

Acidosis:


Ahh, please share sir

jolyment:


I live in Zamfara

Burchester:


That’s near. How do I contact you

Burchester:


That’s near. How do I contact you

jolyment:


Mail me on yemitty203@gmail.com

Burchester:


Check your email.

Burchester:


Check your email.

chimex38:
Please house, if I bought TB at 13% and I didn't wait until maturity before selling in the secondary market at 11% .. would I make a profit from the low rate?
Considering I sold about 50 days to maturity for a dull tenor(364) days..

equity1:
Do you have the fund to buy at primary market? 50million and above

chimex38:

No Sir, but I thought any amount above 100k is good?
My initial qtn lies in how the interest made when sold in the sec. market at a discounted rate are calculated?

equity1:
You don't need buy in primary market and sell in secondary market. Primary is for heavy investors 50m and above . but because many people who want to invest in TB may not have such amount, that was why government through CBN make provision for secondary market , to enable people that have below 50m to invest on TB. it's CBN that's handle both primary and secondary market not individual .

Colourich:
Treasury bills are short term debt instruments which is issued by government like Nigerian government through CBN to control money supply, it also doesn't yield interest, it is also used to control money supply in the economy.

pocohantas:

Treasury bills. Debt instruments issued by the FG to raise funds.

Donald95:


Another avenue through which national Assets will be sold and looted. Since most Nigerians can be easily confused with grammar and wouldn't question much about what they Know little about





Okay you that understands, How will this put food on your table this evening?

Since you've been hearing billions upon billions in the news, how much has entered your hand??

IamAlexander:

Treasury bills

equity1:
You don't need buy in primary market and sell in secondary market. Primary is for heavy investors 50m and above . but because many people who want to invest in TB may not have such amount, that was why government through CBN make provision for secondary market , to enable people that have below 50m to invest on TB. it's CBN that's handle both primary and secondary market not individual .

kristlike:

With due respect sir. you have a false assertion about the regulators. it CBN that regulate money market while Security and exchange commission regulate capital market(where you find the primary and secondary market).
BT I'm a financial analyst. I studied Banking and finance

dipoolowoo:
It is the CBN that sells treasury bills to investors via secondary and primary market, not SEC.

While the primary market happens twice a month, the secondary market happens sometimes once or twice a week and in some cases, not at all.