please i need explanation on this issue.

I went to stanbic bank last week(12 /02/2019) for last week auction. i filled the form and it was submitted. the lady said are should come back on the 13th which is the real day for the auction to know the rate at which the TB will be bought.when i got there she told me that she bought the TB from the primary market that i will receive email and debit alert message. since then i didn't see any email message nor debit alert. to my greatest surprise someone else paid money into my account and i discovered that the money i recommended for the TB as been deducted without debit message and email message. my question is, does that mean that my bid as been successful? if yes, why is there no any evidence? the lady attended to me said are should be expecting message since last week. please what is the solution?

skyangel:


For the secondary, i invested just 600k, @14.2% for 356days. From the e'certificate mailed me, i'll be getting 696k at maturity. Note that some change of less than 500 naira was returned to my acct.

For primary, the interest was paid upfront, the rate was about 14.854% (from my calculations) for 364 days

Hope my explanation is clear

sure, thanks

@Agbeni33, panic not. This happens sometimes. Simply walk into the bank and ask your account officer to help print out a copy of your TB investment. The request will definitely be granted.

Agbeni33:
please i need explanation on this issue.

I went to stanbic bank last week(12 /02/2019) for last week auction. i filled the form and it was submitted. the lady said are should come back on the 13th which is the real day for the auction to know the rate at which the TB will be bought.when i got there she told me that she bought the TB from the primary market that i will receive email and debit alert message. since then i didn't see any email message nor debit alert. to my greatest surprise someone else paid money into my account and i discovered that the money i recommended for the TB as been deducted without debit message and email message. my question is, does that mean that my bid as been successful? if yes, why is there no any evidence? the lady attended to me said are should be expecting message since last week. please what is the solution?

from experience, there should be alert on every bank transactions either tb or not. u need to visit d bank nd demand some explanation s

Thread making folks rich better than HMMM...

mymadam:
@Agbeni33, panic not. This happens sometimes. Simply walk into the bank and ask your account officer to help print out a copy of your TB investment. The request will definitely be granted.

Thank you

Akerewe:
from experience, there should be alert on every bank transactions either tb or not. u need to visit d bank nd demand some explanation s

thank you. i planned to go there early tomorrow morning

Please house, is there a way that someone that is outside the shores of Nigeria can do this TB.. maybe online through banks?

fnglng:
Please house, is there a way that someone that is outside the shores of Nigeria can do this TB.. maybe online through banks?

Yes, online through the bank of your choice. Simply visit their website and get in touch with them... online of course.

Market Expects Liquidity Boost as N578.99b OMO Bills Mature
https://businesspost.ng/2019/02/18/market-expects-liquidity-boost-as-n578-99b-omo-bills-mature/

Agbeni33:
please i need explanation on this issue.

I went to stanbic bank last week(12 /02/2019) for last week auction. i filled the form and it was submitted. the lady said are should come back on the 13th which is the real day for the auction to know the rate at which the TB will be bought.when i got there she told me that she bought the TB from the primary market that i will receive email and debit alert message. since then i didn't see any email message nor debit alert. to my greatest surprise someone else paid money into my account and i discovered that the money i recommended for the TB as been deducted without debit message and email message. my question is, does that mean that my bid as been successful? if yes, why is there no any evidence? the lady attended to me said are should be expecting message since last week. please what is the solution?

For a successful bid, you are supposed to receive a confirmation email from stanbic stating:
>the face value
>Discount value
>Transaction fee
>Safekeeping fee
>Effective Date
>Maturity Date
>Rate

When is the next date for primary auction

Agbeni33:
please i need explanation on this issue.

I went to stanbic bank last week(12 /02/2019) for last week auction. i filled the form and it was submitted. the lady said are should come back on the 13th which is the real day for the auction to know the rate at which the TB will be bought.when i got there she told me that she bought the TB from the primary market that i will receive email and debit alert message. since then i didn't see any email message nor debit alert. to my greatest surprise someone else paid money into my account and i discovered that the money i recommended for the TB as been deducted without debit message and email message. my question is, does that mean that my bid as been successful? if yes, why is there no any evidence? the lady attended to me said are should be expecting message since last week. please what is the solution?

Check your spam mails and also ensure that 'Do Not Disturb(DND)' is not activated on the number you are using on the account though this is normally bypassed now by banks. Sometimes network issues can make sms alert not to be delivered.

Please I was charged over 20k for this tb by GTB. Is that what happens in all banks?

.

skyangel:


For the secondary, i invested just 600k, @14.2% for 356days. From the e'certificate mailed me, i'll be getting 696k at maturity. Note that some change of less than 500 naira was returned to my acct.

For primary, the interest was paid upfront, the rate was about 14.854% (from my calculations) for 364 days

Hope my explanation is clear

Hi Please which bank did you get this rate, I approached a Access Bank, and i am getting just 13.5%.

Are they banks that usually offer better rates.

Thanks.

lolaluv1:
Please I was charged over 20k for this tb by GTB. Is that what happens in all banks?

You must have invested over 20m.

fnglng:
Please house, is there a way that someone that is outside the shores of Nigeria can do this TB.. maybe online through banks?

Yes, typically if you have an account with them already and have agreed email/online indemnity. Otherwise you might be able to open one from abroad, and agree an indemnity too.

Options open to you include:
> send email to/call their customer care; they can also guide you to the right channels
> send an email/txt to or call your account officer/relationship manager
> at least 1 online for Access Bank; tbills.ng
> at least 1 mobile app for Sterling Bank/Parthian Partners; I-Invest

Hello house...please who knows the secondary rate for today with gtbank

ahiboilandgas:
I started with around 800 k ,in 2007 now exceeds 50 m..am around mid 30 infact by 2023 my holding with pass 100 m ....and my life long ambition to earn 1 million per month from treasury bill is near..i don't know of am rich or poor but the feeling is nice..
..i don't have an iPhone x this my phone is 40 k ,I used a Honda 2007 (1.4m) and still buy tokunbo shirts (1500 ) jeans 3 k and shoe 5k to 7k ...,I book flight online to get discount and also luv discount shops ...i luv good food so I have a chef that make my meals at time and visit club like quilox or sip atime to spend 5 k...i also give put to charity like 100 k annually ...it a long route to legitimate wealth ....but not easy but very possible ....i don't think am hard working....it a combination of luck ,perseverance, and spirit of keep pushing it will click by God grace ...in 2007 was earning 70 k as a graduate and had a car from my university so I sold the car add my salary saving keep in fix deposit planing to save for my Msc in the UK,I didn't get the visa then I used 200 k to so a MBA in nigeria then the prof taught me treasury bills bond and stock then I became addicted my babe even ran cos I keep prosp the wedding.....so starter don't feel discourage in 5 years time your capital will double and might triple if u keep adding ...am sit.planing to go to Canada via express entry to continue hustling and study for phd...nb typo errors

We learn everyday, thanks for sharing..
Just a bit curious, I see your moniker says oil and gas..so I will assume more inflow..
Can you clarify how 800k in less than 11 years turned in 50M in NTB investments?
When I whipped out my compound interest calculator even at 20% it won't give up to 5million(reinvesting interest may earn slightly higher). Unless you mean all your investments aside NTB and other side hustles...

I await your clarifications...

enemarieal:


Hi Please which bank did you get this rate, I approached a Access Bank, and i am getting just 13.5%.

Are they banks that usually offer better rates.

Thanks.

Stanbic ibtc... That was last week

Hello investors,
Is the interest on secondary treasury bill's paid upfront like in primary treasury bills?

sanerugwei:


We learn everyday, thanks for sharing..
Just a bit curious, I see your moniker says oil and gas..so I will assume more inflow..
Can you clarify how 800k in less than 11 years turned in 50M in NTB investments?
When I whipped out my compound interest calculator even at 20% it won't give up to 5million(reinvesting interest may earn slightly higher). Unless you mean all your investments aside NTB and other side hustles...

I await your clarifications...

@sanerugwei, @ahiboilandgas
Very good question that can help many of us. I believe he did a lot of topping up over the years but lets just wait to hear from the horses mouth and learn.

kuru:
Hello investors,
Is the interest on secondary treasury bill's paid upfront like in primary treasury bills?

Yes

sanerugwei:


We learn everyday, thanks for sharing..
Just a bit curious, I see your moniker says oil and gas..so I will assume more inflow..
Can you clarify how 800k in less than 11 years turned in 50M in NTB investments?
When I whipped out my compound interest calculator even at 20% it won't give up to 5million(reinvesting interest may earn slightly higher). Unless you mean all your investments aside NTB and other side hustles...

I await your clarifications...

He probably kept reinvesting dividends and reinvesting his salary.

sanerugwei:


We learn everyday, thanks for sharing..
Just a bit curious, I see your moniker says oil and gas..so I will assume more inflow..
Can you clarify how 800k in less than 11 years turned in 50M in NTB investments?
When I whipped out my compound interest calculator even at 20% it won't give up to 5million(reinvesting interest may earn slightly higher). Unless you mean all your investments aside NTB and other side hustles...

I await your clarifications...

yes bro I did a lot of topping up ,if u read my other post ....my income expanded from 70k in 2007 tenfolds to 2019.... I do a lot of wet haulage too...i invest around 5-7 m annually ..now around 8 m annually

lolaluv1:
Please I was charged over 20k for this tb by GTB. Is that what happens in all banks?

yes when it big money invested I think u invested around 20m

GonFreecss1:


He probably kept reinvesting dividends and reinvesting his salary.

I don't only earn salary also earn profit and dividen

sanerugwei:


We learn everyday, thanks for sharing..
Just a bit curious, I see your moniker says oil and gas..so I will assume more inflow..
Can you clarify how 800k in less than 11 years turned in 50M in NTB investments?
When I whipped out my compound interest calculator even at 20% it won't give up to 5million(reinvesting interest may earn slightly higher). Unless you mean all your investments aside NTB and other side hustles...

I await your clarifications...

lot at the last part of my post ....if u keep adding that a top up.....

ahiboilandgas:
yes bro I did a lot of topping up ,if u read my other post ....my income expanded from 70k in 2007 tenfolds to 2019.... I do a lot of wet haulage too...i invest around 5-7 m annually ..now around 8 m annually

Hello @ahiboilandgas. Do you mind sharing with me some information on how the wet haulage business works. I am currently looking around for lucrative business ventures. I am based in Port Harcourt and Warri.

ahiboilandgas:
yes bro I did a lot of topping up ,if u read my other post ....my income expanded from 70k in 2007 tenfolds to 2019.... I do a lot of wet haulage too...i invest around 5-7 m annually ..now around 8 m annually

Hello @ahiboilandgas. Do you mind sharing with me some information on how the wet haulage business works. I am currently looking around for lucrative business ventures. I am based in Port Harcourt and Warri.

Good day everyone please can someone help me with page where the link fro TB calculation is