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Treasury Bills In Nigeria - Investment (794) - Nairaland

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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

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Re: Treasury Bills In Nigeria by pinkyruledworld(m): 9:15pm On Jun 08, 2019
purleesh:


Sir Ahib, is this forex business risk free please?
No dear
Re: Treasury Bills In Nigeria by IHelp: 10:26pm On Jun 08, 2019
igbizen:


This has been discussed extensively in the previous pages. Who ever wants to use the I-invest app should go tru those pages. I know guys quarreled over I-invest app in about three pages. So just go back to those pages and make ur decision. Because if we allow this I-invest discussion here again it’s going to waste another four pages�loll

I-invest is all about Treasury Bills. This thread is also about Treasury Bills and you call it waste.
Re: Treasury Bills In Nigeria by missjekyll: 10:27pm On Jun 08, 2019
Acidosis:


Your ignorance is nauseating.



And yes, I agree, investors should think for themselves.

*shrugs*Take some plasil for what ails you, Dont bring it here to defend ''fintech'' upandan
Re: Treasury Bills In Nigeria by missjekyll: 10:29pm On Jun 08, 2019
IHelp:


I-invest is all about Treasury Bills. This thread is also about Treasury Bills and you call it waste.

There was a massive to-do about it like 6 months ago or so. it dragged on for pages I tell you. No one wants that since it doesnt add to our portfolio in anyway

4 Likes

Re: Treasury Bills In Nigeria by igbizen(m): 9:29am On Jun 09, 2019
IHelp:


I-invest is all about Treasury Bills. This thread is also about Treasury Bills and you call it waste.
I call quarreling a waste of pages. Maybe you have not been following this thread. I know what am saying when it comes to the issue of I-invest app.

2 Likes

Re: Treasury Bills In Nigeria by luciouscookie: 10:41am On Jun 09, 2019
I want to open a bank account mainly for treasury bill.
Please recommend a bank for me.
Re: Treasury Bills In Nigeria by Grupo(m): 10:59am On Jun 09, 2019
luciouscookie:
I want to open a bank account mainly for treasury bill.
Please recommend a bank for me.

Stanbic IBTC

4 Likes

Re: Treasury Bills In Nigeria by NIGHTLIFE100: 6:25pm On Jun 09, 2019
Hello Tbillers, abeg help me with latest rate Ecobank gave me 11.25% on 9.5m on Friday it’s been back and forth since 2weeks negotiating like Oshodi market and I feel my account officer want to take advantage of me because I’m not in the country advising me to continue with fixed deposit @ 9%. I plan to mail head office tomorrow advice pls

2 Likes

Re: Treasury Bills In Nigeria by ezinwaJesu(m): 9:26pm On Jun 09, 2019
NIGHTLIFE100:
Hello Tbillers, abeg help me with latest rate Ecobank gave me 11.25% on 9.5m on Friday it’s been back and forth since 2weeks negotiating like Oshodi market and I feel my account officer want to take advantage of me because I’m not in the country advising me to continue with fixed deposit @ 9%. I plan to mail head office tomorrow advice pls

I don't think he is sincere. They will reinvest your money in treasury bills

2 Likes

Re: Treasury Bills In Nigeria by TotoNaRubber: 9:31pm On Jun 09, 2019
That bank is one of the worst banks of the 21st century. They have no customer interest at heart.



NIGHTLIFE100:
Hello Tbillers, abeg help me with latest rate Ecobank gave me 11.25% on 9.5m on Friday it’s been back and forth since 2weeks negotiating like Oshodi market and I feel my account officer want to take advantage of me because I’m not in the country advising me to continue with fixed deposit @ 9%. I plan to mail head office tomorrow advice pls

9 Likes

Re: Treasury Bills In Nigeria by dipoolowoo: 12:18am On Jun 10, 2019
Re: Treasury Bills In Nigeria by Onboard1: 2:25am On Jun 10, 2019
NIGHTLIFE100:
Hello Tbillers, abeg help me with latest rate Ecobank gave me 11.25% on 9.5m on Friday it’s been back and forth since 2weeks negotiating like Oshodi market and I feel my account officer want to take advantage of me because I’m not in the country advising me to continue with fixed deposit @ 9%. I plan to mail head office tomorrow advice pls

My opinion, considering where you are (far far away), 11.25% is fair if the duration is within 180 days. The more you wait the more you loose money (supposed earnings).
It is still better if the tenor is beyond 180 days and you don't have any other investment alternative.
To be less dependent on account officers, consider MMF. You can subscribe or redeem your investment at your own time. If tb didn't go, mmf must go.
That's freedom.

3 Likes 1 Share

Re: Treasury Bills In Nigeria by ezinwaJesu(m): 10:43am On Jun 10, 2019
Who conceived this I-invest and what makes him think I will leave my interest payable upfront for them to trade with. Imagine if I invest 10m at 10%, and someone keeps my 1m interest to himself all in the name mobile transaction.

They need to come up with something better

5 Likes

Re: Treasury Bills In Nigeria by NIGHTLIFE100: 11:03am On Jun 10, 2019
Onboard1:


My opinion, considering where you are (far far away), 11.25% is fair if the duration is within 180 days. The more you wait the more you loose money (supposed earnings).
It is still better if the tenor is beyond 180 days and you don't have any other investment alternative.
To be less dependent on account officers, consider MMF. You can subscribe or redeem your investment at your own time. If tb didn't go, mmf must go.
That's freedom.
Thanks
Re: Treasury Bills In Nigeria by logoscope(m): 11:53am On Jun 10, 2019
igbizen:
All these questions you people are asking have been answered in the previous pages. Just be patient and go tru it. I started T-bills just February 2019 (were I lock down at 14.9%) and I seem to know virtually everything. I have even commenced Eurobond negotiation with my bank stanbic (funds is in GTB). —all the info I got in this platform made me who I am today in T-bills investing. Please newbie if you are sincere to yourself about investing for your future, 700 pages is no big deal, please go tru it, and equip yourself, instead of waiting for someone to answer a question that is already in platform. When started I went tru about 600 pages patiently, even jolting down things as if I wanted to write exam. My account officer respect me because of the confidence I display when am talking to him about T-bills. Thanks guys for those 600 pages and still counting. Bdc is next inline for me.
Pls. Where can I see the 700 page PDF/book download?
Re: Treasury Bills In Nigeria by logoscope(m): 11:59am On Jun 10, 2019
lancee:
GTB RATE FOR TODAY
TENOR
RATE
77days
10.00%

175days
11.50%

357days
11.75%

357 Days was ok for me
I want to buy GTB TB. Could you pls put me through or direct me to any document I'm supposed to read, thanks.

Lastly, will 100K be enough to start, cos I know there's a minimum amount they allow.
Re: Treasury Bills In Nigeria by carbon1224(m): 1:08pm On Jun 10, 2019
logoscope:

I want to buy GTB TB. Could you pls put me through or direct me to any document I'm supposed to read, thanks.

Lastly, will 100K be enough to start, cos I know there's a minimum amount they allow.

Call your account officer and if you don’t know his or her number call gtconnect and the will link you up with your account officer.

1 Like

Re: Treasury Bills In Nigeria by lancee(m): 2:30pm On Jun 10, 2019
logoscope:

I want to buy GTB TB. Could you pls put me through or direct me to any document I'm supposed to read, thanks.

Lastly, will 100K be enough to start, cos I know there's a minimum amount they allow.



Go to any GTB Branch or call them

1 Like

Re: Treasury Bills In Nigeria by deic9(m): 4:07pm On Jun 10, 2019
logoscope:

Pls. Where can I see the 700 page PDF/book download?

Kirikiri prison angry You can relax there and go through the 700pgs.

Check the pg you are already......794

5 Likes

Re: Treasury Bills In Nigeria by IHelp: 4:45pm On Jun 10, 2019
ezinwaJesu:
Who conceived this I-invest and what makes him think I will leave my interest payable upfront for them to trade with. Imagine if I invest 10m at 10%, and someone keeps my 1m interest to himself all in the name mobile transaction.

They need to come up with something better

It all depends on the tenure you are going for and the rate you are getting. Most times if you are going for a short tenure, is better to use the secondary market. Even without the upfront interest, you can get a better deal on i-invest than the primary market. (Note: For short tenures)
Re: Treasury Bills In Nigeria by IHelp: 4:56pm On Jun 10, 2019
igbizen:

I call quarreling a waste of pages. Maybe you have not been following this thread. I know what am saying when it comes to the issue of I-invest app.

I have been following this thread for years now. At least I read up to 95% of the posts.
Yes I followed the discussion then. After that I decided to test the app with their minimum. I found out that most of the people who talked about it then have not used the app or made proper enquiry. They were just making assumptions.

5 Likes

Re: Treasury Bills In Nigeria by afroxyz: 6:12pm On Jun 10, 2019
deic9:


Kirikiri prison angry You can relax there and go through the 700pgs.

Check the pg you are already......794

why una wicked like this? grin

2 Likes

Re: Treasury Bills In Nigeria by eddyakinrinde(m): 7:15pm On Jun 10, 2019
ezinwaJesu:
Who conceived this I-invest and what makes him think I will leave my interest payable upfront for them to trade with. Imagine if I invest 10m at 10%, and someone keeps my 1m interest to himself all in the name mobile transaction.

They need to come up with something better

On the contrary, if you check very well, and do the calculations, they actually pay the true yield as in reinvest the interest already and make is same duration.
Re: Treasury Bills In Nigeria by eddyakinrinde(m): 7:41pm On Jun 10, 2019
IHelp:


I have been following this thread for years now. At least I read up to 95% of the posts.
Yes I followed the discussion then. After that I decided to test the app with their minimum. I found out that most of the people who talked about it then have not used the app or made proper enquiry. They were just making assumptions.

I wonder why there is so much hatred and caution for the I invest app.. It shouldnt be. The developers don't force it on anyone. People that re using it are getting their answers they sort. People need to wake up! Apart from I invest from sterling bank/Parthian partners, there are new organizations following the thrend, I invest just being the first of them. Their is also the Tradefi app from commercio partners and other ones. There are so many other investment app not just for Tbills, most for fixed deposits, mutual funds bonds and treasury bills. If anyone is not comfortable with any app they should just look over it and look for other options. You guys are just toiling with some peoples emotions especially that money is involved. Check thru sterling bank website, its well stated and mentioned.

1 Like 1 Share

Re: Treasury Bills In Nigeria by kisszhira(m): 7:55pm On Jun 10, 2019
All this I-invest app matter and other related Apps shouldn't be an issue.

It's your money,just invest it wherever you want...just don't try to lure other people to follow you. No one is saying you shouldn't invest in it abeg only that most of us would rather chose the old-school way by going to the bank straight away instead of the online stuff considering the rate of scam in the country.

7 Likes

Re: Treasury Bills In Nigeria by Ibrahim505(m): 9:17pm On Jun 10, 2019
willijot:
Wonderful thread here.
I came across the I-invest app of sterling bank and I am not really free with the app(in terms of genuineness).
I like the fact that it is going to be very convenient for me crediting the account, but I don't know how the withdrawals work.

Just need to know if it's safe to go with the app.
Any info will be highly appreciated.
I'm using it for long
It's credible

1 Like

Re: Treasury Bills In Nigeria by dipoolowoo: 3:48am On Jun 11, 2019
Re: Treasury Bills In Nigeria by Adegokenath(m): 4:44am On Jun 11, 2019
Pls somebody help me calculate this:
Tenure-97
Rete-11%
Amount-#1,150.000
Re: Treasury Bills In Nigeria by damilola1978: 6:32am On Jun 11, 2019
Adegokenath:
Pls somebody help me calculate this:
Tenure-97
Rete-11%
Amount-#1,150.000

Discount upfront= 97/365 × 11/100 x 1150000

2 Likes

Re: Treasury Bills In Nigeria by ikechukz(m): 9:43am On Jun 11, 2019
Anyone with idea of the date for next primary auction?
Re: Treasury Bills In Nigeria by Littlemix(f): 10:14am On Jun 11, 2019
Thursday
ikechukz:
Anyone with idea of the date for next primary auction?

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