₦airaland Forum

creamylicious:
Which one is mmf again ooooo? People like us that can use 12 months to raise only 180k with hunger, e be like say respite don dey. Edakun, what's mmf? Maybe that would be a stepping stone to bigger things because na million million people full this TB thread since I joined

Lol...started like you oooo

freeman67:
Here is a link to the thread created for it.

https://www.nairaland.com/1912965/mutual-funds/1

thanks bro

aremso:
Lol...started like you oooo

can I be your mentee?

pxjosh:
Got 11.5% today for 128days tenor. First Bank, just 250k

sweet deal

CBN Auctions N136.31b Fresh T-Bills as Investors Seek Higher Rates
https://www.businesspost.ng/2018/09/12/cbn-auctions-n136-31b-fresh-t-bills-as-investors-seek-higher-rates/

CBN Plans Sale of N1.02tr Treasury Bills via PMA in Q4
https://www.businesspost.ng/2018/09/11/cbn-plans-sale-of-n1-02tr-treasury-bills-via-pma-in-q4/

creamylicious:
Which one is mmf again ooooo? People like us that can use 12 months to raise only 180k with hunger, e be like say respite don dey. Edakun, what's mmf? Maybe that would be a stepping stone to bigger things because na million million people full this TB thread since I joined

This is a good amount for MMF and try to be consistent in the 12 months. Never knew about MMF. So i started with savings account and built over a long period before i delved into Treasury bills. I still have the savings account where i still put aside on a monthly basis for a targeted 12 months period. It is not easy sha with soaking garri and hunger to achieve that.

Lending Rate Rises as Investors Bid 14.50% for 324-day T-Bills
https://www.businesspost.ng/2018/09/12/lending-rate-rises-as-investors-bid-14-50-for-324-day-t-bills/

NL1960:
This is a good amount for MMF and try to be consistent in the 12 months. Never knew about MMF. So i started with savings account and built over a long period before i delved into Treasury bills. I still have the savings account where i still put aside on a monthly basis for a targeted 12 months period. It is not easy sha with soaking garri and hunger to achieve that.

You might like the FGN savings bond. Do check it out if you have not.

IHelp:
You might like the FGN savings bond. Do check it out if you have not.

Thanks but i know about FGN bonds. I only do TBs for now as it is one year. FGN bonds is 2 and 3 years. Maybe if in future, FGN bonds rate goes above TB rate, i might take a look at it.

Good afternoon house, please I have some idle funds I want to put into TB, I could not make the primary market today...can I go ahead I buy from secondary market or wait till net 2weeks...advice please

what is the rate for 182days on TB?...zenith bank..thanks

toyad:
Good afternoon house, please I have some idle funds I want to put into TB, I could not make the primary market today...can I go ahead I buy from secondary market or wait till net 2weeks...advice please

yes as long as you like the secondary rate.

AUCTION RESULTS FOR TODAY 12/09/2018

91 DAYS - 11%

182 DAYS - 12.3%

364 DAYS - 13.50%

feelamong:
AUCTION RESULTS FOR TODAY 12/09/2018
91 DAYS - 11%
182 DAYS - 12.3%
364 DAYS - 13.50%

not increasing as i was expecting

Just2endowed2:
yes as long as you like the secondary rate.

I don't know the rate for the secondary market...thanks

Mfunkynation:
not increasing as i was expecting

Really? I on the other hand am quite surprised - and pleased - with the increased rates. 365 days looks very attractive now

Any debit from Stanbic ?

Mfunkynation:
not increasing as i was expecting

Crude Oil Price hit $80 todays

I however still think our rates will go higher in the coming days....The pressure on Naira is enormous now

'

NL1960:
This is a good amount for MMF and try to be consistent in the 12 months. Never knew about MMF. So i started with savings account and built over a long period before i delved into Treasury bills. I still have the savings account where i still put aside on a monthly basis for a targeted 12 months period. It is not easy sha with soaking garri and hunger to achieve that.

Iffahear
Is it not the same NL1960 I sabi in the property section.

.

feelamong:
Crude Oil Price hit $80 todays

I however still think our rates will go higher in the coming days....The pressure on Naira is enormous now

I have been holding some funds for the past 3weeks in anticipation of the rates hitting 15%. , one more primary auction before I make my move.
Happy days I hope...

feelamong:
AUCTION RESULTS FOR TODAY 12/09/2018

91 DAYS - 11%

182 DAYS - 12.3%

364 DAYS - 13.50%

From 15% will be good ..Intresting dys ahead

Kemade2007:
Most women don't have time to research because of house work and children palava but men always look for different ways to minimize their expenditure and maximize their revenue through investment because of the family expenses. So men will look at different investment that can bring more returns for him.
Lack of knowledge about investments affect so many people alot even men. Not everybody that passed through University knows about how to invest, it's a matter of research.
Like me, I'm a young woman and I learnt about TB here when researching. I started investing in TB 2016 and I introduced it to my husband and some of my friends and they all embraced it. So not that we women like buying and selling business o

This is so true .
I’ve always asked friends and family if there’s any investment I could just put my money and go to sleep. But none of these people had anything relevant to tell me .
In 2016 ,I was convinced to do MMM
I lost the money . Since then I’ve stayed away from anything that involves putting money online.
I even tried some offline business and investment,but it’s all bullshit . I didn’t even get back my capital . Let alone profit .
Until around late last year when I got to know about Treasury Bills, Mutual Funds ,Federal Government bonds,Commercial papers and even Nigeria Stock Exchange . I found out all this on this section .
I’ve always noticed the mutual funds thread but I was very reluctant to even open it cos I thought it was a Ponzi scheme or something.
It sounded to my ears like peer to peer funds . Lmao .
Even if na 10k I want to invest today. I know where to invest it o.

lancee:
From 15% will be good ..Intresting dys ahead

I think its a real possibility. Electioneering is in full gear and will increase in the coming months coupled with ember months spending . . . liquid naira will be all over the place. As feelamong noted the pressure on the naira is will increase and CBN will need to rein it in.

I believe the highs of 15% and above is a possibility

mosky47:
Hi everyone.
I'm grateful for this forum.
I applied for primary market (UBA), my first time purchasing TB actually.
How do I know if it went through? Is it after I get a debit on my account?
And how soon do banks usually send debit alerts?
I got an unexplained debit (although small; less than 1% of what I applied for), and I don't know if this is something significant.

Usually If successful you'll get the debit and the TB narrative in your alert (at least that's d case in the two banks I use - diamond and GTB). It normally comes in Thursday or at most Friday morning.

feelamong:
AUCTION RESULTS FOR TODAY 12/09/2018

91 DAYS - 11%

182 DAYS - 12.3%

364 DAYS - 13.50%

Good Progress.

Thanks for this.

alezzy13:
Usually If successful you'll get the debit and the TB narrative in your alert (at least that's d case in the two banks I use - diamond and GTB). It normally comes in Thursday or at most Friday morning.

alezzy13:
Usually If successful you'll get the debit and the TB narrative in your alert (at least that's d case in the two banks I use - diamond and GTB). It normally comes in Thursday or at most Friday morning.

Bro have you bought Tbills from the primary market using diamond bank in recent times, just need to know coz I bank with diamond too.

Nigeria's One-Year T-Bills Rate Clears at 13.50% at PMA
https://www.businesspost.ng/2018/09/13/nigerias-one-year-t-bills-rate-clears-at-13-50-at-pma/

alezzy13:
Really? I on the other hand am quite surprised - and pleased - with the increased rates. 365 days looks very attractive now

Brother, 365 days should be sitting on top 14%,

FIDELITY24:
Bro have you bought Tbills from the primary market using diamond bank in recent times, just need to know coz I bank with diamond too.

Uncle, pls kindly dont use diamond to do Tbills cos the cant offer you good rate.Either u get FBN or stanbic or GTB