₦airaland Forum

Is it declining Rates that is responsible for this fugly ?

OgogoroFreak:
Fine girl...

I go like fvck you. Send me a private message.

Please when is the next primary auction. I’m planning to go for 91 days because I think the rates will increase by year ending

amjustme2:
Is it declining Rates that is responsible for this fugly ?

Lol

amjustme2:
Is it declining Rates that is responsible for this fugly ?

Go fvck yourself!

chigo4u:
Please when is the next primary auction. I’m planning to go for 91 days because I think the rates will increase by year ending

Check out the current secondary rates on I-invest

The drop in rates of Tbills is a reflection of the govt purse. It implies the govt has more money in July than in January to carry out their projects. That people should spend their money and stop keeping it. Of course spending it in business. I predict the economy will pick up. Sales will rise.

civilserva:
Do they allow foreigners to invest?

Yes they do, but how to safely move huge funds to Ghana is a concern. I know of someone in US that tour between Argentina and Mexico for TBs investments.Pegging inflation rate with Nigeria TBs rate doesn't match up. If TBs is undersubscribe, I'm sure cbn will increase rates. The bills are always highly oversubscribed, hence the rate cuts continue

Please guys help me calculate this amount I invested 1 million on first bank TB primary market for 180 days o but they did not inform me that it went successful is later I find out that they pay me 50000 only I thought they suppose to pay me more than that and i bid 10 percent o

Dunkofia20:
Please guys help me calculate this amount I invested 1 million on first bank TB primary market for 180 days o but they did not inform me that it went successful is later I find out that they pay me 50000 only I thought they suppose to pay me more than that and i bid 10 percent o

50k should be correct. 10% of 1 million is 100k for one year (364 days). Since your bid was for 6 months (182 days), it will be half of 100k = 50k. Experts can clarify more...

Dunkofia20:
Please guys help me calculate this amount I invested 1 million on first bank TB primary market for 180 days o but they did not inform me that it went successful is later I find out that they pay me 50000 only I thought they suppose to pay me more than that and i bid 10 percent o

Your intrests is on point for 180 days, the rate given to you is slightly beyond 10%. 10% should be around 48k including bank charges. Go ahead enjoy your earnings and don't forget to always come back for more

Ok thanks bro I like the way some of you guys response to questions very fast thanks I appreciate your comment

Akin3891:
Your intrests is on point for 180 days, the rate given to you is slightly beyond 10%. 10% should be around 48k including bank charges. Go ahead enjoy your earnings and don't forget to always come back for more

Thanks may God bless you

Akin3891:
Your intrests is on point for 180 days, the rate given to you is slightly beyond 10%. 10% should be around 48k including bank charges. Go ahead enjoy your earnings and don't forget to always come back for more

Thanks bro

Nettuno:
50k should be correct. 10% of 1 million is 100k for one year (364 days). Since your bid was for 6 months (182 days), it will be half of 100k = 50k. Experts can clarify more...

Please if possible can you show me how to calculate it

Nettuno:
50k should be correct. 10% of 1 million is 100k for one year (364 days). Since your bid was for 6 months (182 days), it will be half of 100k = 50k. Experts can clarify more...

emmanuelewumi:
Send a mail to either Oracle, Wanajo or Shigidi, they are the admins

And nobody informed us since

Dunkofia20:
Please if possible can you show me how to calculate it

Rate/100 = x
Number of days bid/364 = y
Capital invested= z
Bank charges = q
Interest = x*y*z (-q)

Rate/100= 10/100=0.1
Number of days bid/364 = 182/364 = 0.5
Capital = z = #1,000,000
Bank charges= q
Interest =0.1*0.5*#1,000,000 (-q) = #50000-q

Pls am interested in this TB stuff.how can i go abt it pls

Hello

union123:
Please I need help from the gurus here, I did 91days(3months) which was done in April 30th(. through sterling bank, it was meant to mature and drop into my account on July 30th but till now I’m yet to get it. I went back to the branch but they couldn’t give me any tangible reasons why there is delay. What do you think I should do?

Visit/Email their head office and complain. The branch offices tend to take things seriously when it's coming from their head office

union123:
Please I need help from the gurus here, I did 91days(3months) which was done in April 30th(. through sterling bank, it was meant to mature and drop into my account on July 30th but till now I’m yet to get it. I went back to the branch but they couldn’t give me any tangible reasons why there is delay. What do you think I should do?

It might have been reinvested.

Apus:
It might have been reinvested.

Can bank reinvest primary auction automatically?

oluayebenz:
Can bank reinvest primary auction automatically?

yes. Forever! . Secondary that cannot be reinvested automatically.

oluayebenz:
Can bank reinvest primary auction automatically?

Yes, For FBN except you tick the option for them not to reinvest it or their bid fails. It is secondary market that they don't reinvest.

Good afternoon house

I have gone tru few pages to have a better insight about treasury bill but yet am still confuse, pls I need ur advise I am thinking of moving my fund from mutual fund into treasury bill... Is this a good idea?

Aderex91:
Good afternoon house

I have gone tru few pages to have a better insight about treasury bill but yet am still confuse, pls I need ur advise I am thinking of moving my fund from mutual fund into treasury bill... Is this a good idea?

I think the first question would be y u wanna move the funds from MF?
Interest??

Enyinne:
Pls can someone help me calculate 5m invested for 5yrs on compound interest at the rate of 15% being constant.

Hello there.

Interest calculators.


https://www.bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx

https://www.investor.gov/additional-resources/free-financial-planning-tools/compound-interest-calculator

http://www.moneychimp.com/calculator/compound_interest_calculator.htm

https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

I expected everyone to be talking about the tbill rate someone mentioned is available in Ghana and how possible it is for us to invest frm here

michaelogunleye:
I expected everyone to be talking about the tbill rate someone mentioned is available in Ghana and how possible it is for us to invest frm here

first we need to know the rates and banks that have Nigerian branch, which can do the investment there.

Then, the minimum investment.
Then the conversion rate, so as to determine profitability.

RealityShot:
first we need to know the rates and banks that have Nigerian branch, which can do the investment there.

Then, the minimum investment.
Then the conversion rate, so as to determine profitability.

Uba have account there, even access bank too