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Treasury Bills In Nigeria - Investment (842) - 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 Nobody: 7:18pm On Jul 30, 2019
ify2016:

So, MMF and Mutual Fund, which is better?

Same
Re: Treasury Bills In Nigeria by kryptem: 7:24pm On Jul 30, 2019
ify2016:

So, MMF and Mutual Fund, which is better?
Money Market Fund(MMF) is a type of Mutual Fund.
So, na same thing baba!

1 Like

Re: Treasury Bills In Nigeria by ify2016: 7:26pm On Jul 30, 2019
Asleykene:


Same
Really? I googled MMF and i got different meaning from Mutual Fund. Just enlighten me more sir. Also,Where i can source for MMF or Mutual fund?Do they have an office or one should open the account in any bank? Please, don't be offended House!!!
Re: Treasury Bills In Nigeria by ify2016: 7:28pm On Jul 30, 2019
kryptem:

Money Market Fund(MMF) is a type of Mutual Fund.
So, na same thing baba!
Ok. Help me with the remaining question sir
Re: Treasury Bills In Nigeria by Experience4u(m): 7:42pm On Jul 30, 2019
Tbills look not be lucrative again
Re: Treasury Bills In Nigeria by enque(f): 8:38pm On Jul 30, 2019
ify2016:

Ok. Help me with the remaining question sir

https://www.nairaland.com/1912965/mutual-funds/178

5 Likes

Re: Treasury Bills In Nigeria by dipoolowoo: 6:43am On Jul 31, 2019
One-Year T-Bills Yield Declines to 12.13%
https://businesspost.ng/2019/07/31/one-year-t-bills-yield-declines-to-12-13/
Re: Treasury Bills In Nigeria by teymeah: 3:31pm On Jul 31, 2019
GTB is even the worst ever. i filled a form for TBills and it was sent to my acount officer at isolo, someone i dont even know or seen before. it took a whole week my fund was just lying fallow despite several calls to them the lady by name ope and even her BO. the following week i had to transfer the whole funds to FBN.

alezzy13:


Seriously? But have you tried following up with calls to be sure she received the mails? Because I wonder how it's when banks are scrambling customers naim acc officer do dey make yanga.

At my bank (GTB) such issues are enough to earn the staff instant query of not more severe disciplinary action.

2 Likes

Re: Treasury Bills In Nigeria by lancee(m): 3:36pm On Jul 31, 2019
Good day House ...Pls any one with the results of todays tbills
Thanks
Re: Treasury Bills In Nigeria by medaura(m): 12:33am On Aug 01, 2019
lancee:
Good day House ...Pls any one with the results of todays tbills
Thanks
Re: Treasury Bills In Nigeria by Trone: 7:12am On Aug 01, 2019
lancee:
Good day House ...Pls any one with the results of todays tbills
Thanks

5 Likes

Re: Treasury Bills In Nigeria by hancock(m): 7:43am On Aug 01, 2019
What's happening to Treasury bills lately?
11.18% for 364days? This is turning out to a joke
Re: Treasury Bills In Nigeria by feelamong(m): 8:28am On Aug 01, 2019
hancock:
What's happening to Treasury bills lately?
11.18% for 364days? This is turning out to a joke

Its not a joke.

its the state of the affairs our economy now...

The govt wants to drop interest rates to encourage GDP growth.

its signaling that by dropping the rates at which they will borrow from investors.

hopefully the commercial banks will take a cue from that and drop interest rates too so that we can borrow cheaply and do real business rather than dumping our funds with govt and collecting high interest rates on them

18 Likes 1 Share

Re: Treasury Bills In Nigeria by lancee(m): 10:30am On Aug 01, 2019
[quote author=Trone post=80824513][/quote]


Thanks sir
Re: Treasury Bills In Nigeria by lancee(m): 10:31am On Aug 01, 2019
feelamong:


Its not a joke.

its the state of the affairs our economy now...

The govt wants to drop interest rates to encourage GDP growth.

its signaling that by dropping the rates at which they will borrow from investors.

hopefully the commercial banks will take a cue from that and drop interest rates too so that we can borrow cheaply and do real business rather than dumping our funds with govt and collecting high interest rates on them




Well said Mr Feelamongst !
Re: Treasury Bills In Nigeria by mymadam(m): 11:07am On Aug 01, 2019
feelamong:


Its not a joke.

its the state of the affairs our economy now...

The govt wants to drop interest rates to encourage GDP growth.

its signaling that by dropping the rates at which they will borrow from investors.

hopefully the commercial banks will take a cue from that and drop interest rates too so that we can borrow cheaply and do real business rather than dumping our funds with govt and collecting high interest rates on them

Well said wink
Re: Treasury Bills In Nigeria by delawal: 1:26pm On Aug 01, 2019
feelamong:


Its not a joke.

its the state of the affairs our economy now...

The govt wants to drop interest rates to encourage GDP growth.

its signaling that by dropping the rates at which they will borrow from investors.

hopefully the commercial banks will take a cue from that and drop interest rates too so that we can borrow cheaply and do real business rather than dumping our funds with govt and collecting high interest rates on them
its d other way round. many people re rushing to do tbills BC s economy is in comatose. Biz is not moving again. if not, many people will invest their money in businesses. d poverty rate in naija now is affecting sales and businesses, a sign the govt is really incompetent and lacks ideas

12 Likes

Re: Treasury Bills In Nigeria by delawal: 1:30pm On Aug 01, 2019
hancock:
What's happening to Treasury bills lately?
11.18% for 364days? This is turning out to a joke
d economy and s abdard of living in naija keeps shrinking. some will say d govt is working. watch ur environment and tell me how many more people became poor since 2015. they said its oil price, now d price is up, still more people re becoming poor. buhari will kill d economy in his remaining days

6 Likes

Re: Treasury Bills In Nigeria by igbizen(m): 1:50pm On Aug 01, 2019
9.75% 91 days in primary market. And I got 9.8% for 63 days in secondary market. I think primary and secondary is almost the same. No need to be waiting for primary auctions.

2 Likes

Re: Treasury Bills In Nigeria by amjustme2: 1:54pm On Aug 01, 2019
Its obvious the strategy is showing some sign of life. MMF too slowly coming down.

My 182 days just due few hours ago, still contemplating.

feelamong:


Its not a joke.

its the state of the affairs our economy now...

The govt wants to drop interest rates to encourage GDP growth.

its signaling that by dropping the rates at which they will borrow from investors.

hopefully the commercial banks will take a cue from that and drop interest rates too so that we can borrow cheaply and do real business rather than dumping our funds with govt and collecting high interest rates on them

1 Like

Re: Treasury Bills In Nigeria by vinzez: 2:39pm On Aug 01, 2019
igbizen:
9.75% 91 days in primary market. And I got 9.8% for 63 days in secondary market. I think primary and secondary is almost the same. No need to be waiting for primary auctions.

Which Bank?
Re: Treasury Bills In Nigeria by chigo4u: 3:15pm On Aug 01, 2019
delawal:

its d other way round. many people re rushing to do tbills BC s economy is in comatose. Biz is not moving again. if not, many people will invest their money in businesses. d poverty rate in naija now is affecting sales and businesses, a sign the govt is really incompetent and lacks ideas
This is what I think, someone quoted me earlier with some gibberish when I asked this question. the economy is supposed to get better when rates fall but in the case the economy is not getting better, foreign investments are recording a 67% decline from last year according to thread below, so people rather dump their money in tbills than invest. I think the rates will increase towards year end when people will start doing Christmas shopping
https://www.nairaland.com/5334653/nigeria-records-15bn-investments-six

1 Like

Re: Treasury Bills In Nigeria by delawal: 4:54pm On Aug 01, 2019
chigo4u:

This is what I think, someone quoted me earlier with some gibberish when I asked this question. the economy is supposed to get better when rates fall but in the case the economy is not getting better, foreign investments are recording a 67% decline from last year according to thread below, so people rather dump their money in tbills than invest. I think the rates will increase towards year end when people will start doing Christmas shopping
https://www.nairaland.com/5334653/nigeria-records-15bn-investments-six
it may not increase BC d Xmas shopping is short lived and seasonal. now people suppose dn dey bring in goods for Xmas.so why still d high demand for savings(tbills).

I must tell people as a bizman, sales really has declined. do u know DT many bizmen prefer to go save their huge money and just use small amount to do Biz. this is BC buyers rate has reduced.

during d election I was more worried about buharis approach to economics than where he came from. some of us who were against his second term had already seen where his policies re driving Nigeria to. then we even hoped DT any other person DT is not buhari even if its a goat should win. at least DT goat might be a listening and ready to learn goat which should be better than buhari that is not ready to learn. d Yoruba's thought its a war of d tribes for superiority. its not its about the survival of d people in this country.
just conduct research without bias and see how many people their life has grown from worse to worst under this govt. I tell u more people will be poorer as d years progresses under buhari.

8 Likes

Re: Treasury Bills In Nigeria by Grupo(m): 5:13pm On Aug 01, 2019
World War III is about to start on this thread now. Let me wait for it.

6 Likes

Re: Treasury Bills In Nigeria by igbizen(m): 5:23pm On Aug 01, 2019
vinzez:


Which Bank?
Stanbic. I just left the bank four hours ago. I did 140 days anyway @10.45%
Re: Treasury Bills In Nigeria by igbizen(m): 5:32pm On Aug 01, 2019
Grupo:
World War III is about to start on this thread now. Let me wait for it.
I hope it’s not more than world war 111. Another 10 pages about to be wasted. The war of tribes. Where is my beer?

3 Likes

Re: Treasury Bills In Nigeria by papadoculus(m): 6:05pm On Aug 01, 2019
Please, investors should tell us their recent interested rates they just recived, so as to keep us informed abt current rates status. Tnks

1 Like

Re: Treasury Bills In Nigeria by papadoculus(m): 6:14pm On Aug 01, 2019
How true are these rates??

1 Like

Re: Treasury Bills In Nigeria by aremso(m): 6:28pm On Aug 01, 2019
papadoculus:
How true are these rates??

Are these current rates?

1 Like

Re: Treasury Bills In Nigeria by mymadam(m): 6:41pm On Aug 01, 2019
aremso:


Are these current rates?
Different dates.

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