₦airaland Forum

eagleeye2:
Still reading up on it. And also how safe are the invested funds?

As safe as Tbills.

TONY56:
When was Stanbic shaky?
If you don't know, Stanbic has always been No1 or No2 for a long time despite the fact that they don't have up to 1/3 of the branches of First Bank. Refer to their share price at the stock market if you are in doubt and you will see that it's either Stanbic at the apex or GTB.

If what you are looking for is a Nigerian Bank that is strong and reliable, then think of STANBIC, GTB & ZENITH. FIRST BANK is very far behind these 3 banks.

Facts! Facts! Facts! Also wanted to say this.

stanbic is the bank please,got 332 days @14.2%,so sweet.

TONY56:
When was Stanbic shaky?
If you don't know, Stanbic has always been No1 or No2 for a long time despite the fact that they don't have up to 1/3 of the branches of First Bank. Refer to their share price at the stock market if you are in doubt and you will see that it's either Stanbic at the apex or GTB.

If what you are looking for is a Nigerian Bank that is strong and reliable, then think of STANBIC, GTB & ZENITH. FIRST BANK is very far behind these 3 banks.

I saw that post and had to laugh.

I have been banking with Stabic since when it was Chartered Bank. From Chartered Bank, it became CharteredIBTC and now StanbicIBTC.

I get a call from them once in a while to ask me about my experience using them espercially their eChannels.

DOLLARTEX:
stanbic is the bank please,got 332 days @14.2%,so sweet.

Meanwhile first bank is messing up saying their platform isn't coming up. I'm done with them..

N498b Maturing Treasury Bills to Boost Liquidity
https://businesspost.ng/2018/12/17/n498b-maturing-treasury-bills-to-boost-liquidity/

DOLLARTEX:
stanbic is the bank please,got 332 days @14.2%,so sweet.

Please when did you get it? I was told 12.25% for 356 on Friday. The rate discourage me from investing my money.

Gurus in the house, please i need your input in this :
I have Tbill that will mature 14th February 2019,which I will re invest. I intend to do 3.3M for 364days for at least 14%., but due to some unexpected expenditures, I will have only 2.9M to invest.
My Questions is :
Should I write 3.3M in the Tbill primary market form(even though I have 2.9M in the account)
Knowing fully well that the 2.9M covers the discount value?
I know this is not applicable to Firstbank. I am asking as regards stanbic ibtc since Stanbic usually debit discount value in Tbill.
NB
Face value = 3.3M
Discount value = 2.838M
Assuming rate = 14%
Tenor =364 days
Thanks

Got secondary satanic now @ 353 days 14.35%, 73 days @ 13.75, 136 @ 12.5%

Good one, first bank wasnt ready at all and no good rate today.

priscai:
Got secondary satanic now @ 353 days 14.35%, 73 days @ 13.75, 136 @ 12.5%

Good one, first bank wasnt ready at all and no good rate today.

First bank is crazy

OLOBAM:
Please when did you get it? I was told 12.25% for 356 on Friday. The rate discourage me from investing my money.

sorry,it was last Monday.Guess the rates are always sweet on Mondays!

DOLLARTEX:
stanbic is the ban k please,got 332 days @14.2%,so sweet.

Also got 332 at 14.37 at Stanbic

priscai:
Got secondary satanic now @ 353 days 14.35%, 73 days @ 13.75, 136 @ 12.5%

Good one, first bank wasnt ready at all and no good rate today.

* Satanic.
Just donate d interest to charity, lol.

drotba:
Also got 332 at 14.37 at Stanbic

same here....got 14.37 this morning

Just2endowed2:
same here....got 14.37 this morning

Enjoy Sir

Hmm...stanbic bank is the real deal.

Got 13.8% for 360 days at First bank today

drotba:
Enjoy Sir

thanks...nothing like having a good deal

Calebbold:
Hmm...stanbic bank is the real deal.

Got 13.8% for 360 days at First bank today

Why have they refused to sell to me

How do you people deal with stanbic online, I’ve tried to message them on twitter for weeks now yet no response. That’s a red flag for me.

Could we have a 16-17% rate coming months down the line?

With Foreign investors outflow going steady, and a depleting Forex Reserves. Its crystal clear that Emefiele will want to defend the naira at all cost (Political campaign tool ) so that should mean Higher rates coming soon.

Who else is seeing what I am seeing , abi am I seeing wrong?

kamsy4God:
Gurus in the house, please i need your input in this :
I have Tbill that will mature 14th February 2019,which I will re invest. I intend to do 3.3M for 364days for at least 14%., but due to some unexpected expenditures, I will have only 2.9M to invest.
My Questions is :
Should I write 3.3M in the Tbill primary market form(even though I have 2.9M in the account)
Knowing fully well that the 2.9M covers the discount value?
I know this is not applicable to Firstbank. I am asking as regards stanbic ibtc since Stanbic usually debit discount value in Tbill.
NB
Face value = 3.3M
Discount value = 2.838M
Assuming rate = 14%
Tenor =364 days
Thanks

lol, sharp guy. I have thought about this before but never had to try it out. It should work except someone who has attempted it and failed should share with us.

kamsy4God:
Gurus in the house, please i need your input in this :
I have Tbill that will mature 14th February 2019,which I will re invest. I intend to do 3.3M for 364days for at least 14%., but due to some unexpected expenditures, I will have only 2.9M to invest.
My Questions is :
Should I write 3.3M in the Tbill primary market form(even though I have 2.9M in the account)
Knowing fully well that the 2.9M covers the discount value?
I know this is not applicable to Firstbank. I am asking as regards stanbic ibtc since Stanbic usually debit discount value in Tbill.
NB
Face value = 3.3M
Discount value = 2.838M
Assuming rate = 14%
Tenor =364 days
Thanks

Someone mentioned some pages back that it is possible. But I don't know though.

kamsy4God:
Gurus in the house, please i need your input in this :
I have Tbill that will mature 14th February 2019,which I will re invest. I intend to do 3.3M for 364days for at least 14%., but due to some unexpected expenditures, I will have only 2.9M to invest.
My Questions is :
Should I write 3.3M in the Tbill primary market form(even though I have 2.9M in the account)
Knowing fully well that the 2.9M covers the discount value?
I know this is not applicable to Firstbank. I am asking as regards stanbic ibtc since Stanbic usually debit discount value in Tbill.
NB
Face value = 3.3M
Discount value = 2.838M
Assuming rate = 14%
Tenor =364 days
Thanks

I don't know for Stanbic, but Access don't allow it.

Some banks allow it

Grupo:
Someone mentioned some pages back that it is possible. But I don't know though.

If you are here and patiently waiting for end of January 2019 to do primary market (364) with stanbic ibtc for at least 17.45%

Raise your hand

That is mastering the art of compound interest

kamsy4God:
Gurus in the house, please i need your input in this :
I have Tbill that will mature 14th February 2019,which I will re invest. I intend to do 3.3M for 364days for at least 14%., but due to some unexpected expenditures, I will have only 2.9M to invest.
My Questions is :
Should I write 3.3M in the Tbill primary market form(even though I have 2.9M in the account)
Knowing fully well that the 2.9M covers the discount value?
I know this is not applicable to Firstbank. I am asking as regards stanbic ibtc since Stanbic usually debit discount value in Tbill.
NB
Face value = 3.3M
Discount value = 2.838M
Assuming rate = 14%
Tenor =364 days
Thanks

deepwater:
If you are here and patiently waiting for end of January 2019 to do primary market (364) with stanbic ibtc for at least 17.45%

Raise your hand

Hahahaha...17.45% odi too high for January o.

You see well.

To add to this ; the 2019 budget is warming up, the 36 states are inflating their budgets, these budgets will require funding too so within the next few months we can say 18-19 percent is certain.

chukzyfcbb:
Could we have a 16-17% rate coming months down the line?

With Foreign investors outflow going steady, and a depleting Forex Reserves. Its crystal clear that Emefiele will want to defend the naira at all cost (Political campaign tool ) so that should mean Higher rates coming soon.

Who else is seeing what I am seeing , abi am I seeing wrong?

Agbaletu:
Hahahaha...17.45% odi too high for January o.

We did 18.% last year


What I do is that I wait for only higher rates before I buy.

While waiting, na to dey double the hustle, once it clicks very high % I buy and goan sleep.


Tbills is only enjoyed at high rates and huge capital

Any other thing na savings account that u can't withdraw from easily

Not to discourage anyone ooooo, u can start small too

Bless up!

deepwater:
We did 18.% last year


What I do is that I wait for only higher rates before I buy.

While waiting, na to dey double the hustle, once it clicks very high % I buy and goan sleep.


Tbills is only enjoyed at high rates and huge capital

Any other thing na savings account that u can't withdraw from easily

please when is the next auction coming up? and how can one track it, I mean like a site one can follow to monitor the auction dates..thanks

follow this thread like a 15 unit course, check it every day once u wake and before u sleep
U wont miss it

faymouz:
please when is the next auction coming up? and how can one track it, I mean like a site one can follow to monitor the auction dates..thanks

deepwater:
follow this thread like a 15 unit course, check it every day once u wake and before u sleep
U wont miss it

There is a time table