billtommy:
What time of the day do you update the daily rates on your website?

It will do more good if it can be gotten around 1pm everyday. It would drive more traffic to your website while you save investors of the daily hassle of jumping from one bank to the other...looking for the best rate.

RealityShot:
this is WHY I no longer answer newbie questions here.

Why can you not take 1 day and read 10 pages on a thread
About the investment business you want to embark on?

Will you be asking questions that have been answered a thousand times and expect a fresh answer?

The business that gave you that money, is this how you learnt and started it?

READ MAN. THEN GO TO YOUR BANK(S) AND CONFIRM THE INFORMATION.

Then ask questions if you find anything different.

Tbills is too easy for all these questions!

If you encounter a problem that's what you should bring here.

Nough said.

Horlartunes:
Can I buy secondary market Tbills any time?

CompareDBest:
Most are increasing by 1-3%pts from just 2weeks ago, before the last Primary Market Auction. They seem to believe the rates will rise.

A more informed financial analyst than us might know if there has been more activity in the Equity market or if Foreign Investment has been leaving our shores seeking safer havens with all this talk of global recession looming.

feelamong:


Foreign Investors are reducing their exposures to the Frontier markets...

They are selling down their Tbills and Bonds after they have finished selling down their equities....

Emefiele will have no other option but to increase the discount rates for Tbills in the coming days to keep them back...

seems like the happy days are back again for Tbills Investors!

IkalaiyeLOTO:

I'm asking about Nigeria treasury bills secondary market investment on I-invest platform sir, it was on this same thread that I got information about them. Someone with the moniker of "papadoculus" displayed a screen shot of I-invest Tbills yields on Sunday and members on this platform commented on it and I didn't see you attacking the post or comments after, I believe all of us are here to learn, so please be guided in your attacks of what you don't understand or ignorant about sir.

Horlartunes:

gimme your digits wanna discuss with you

RealityShot:
send me a pm

Horlartunes:

Done sir

RealityShot:
"don't understand or ignorant about "

Laughing OUT LOUD!!!

Nough said.

feelamong:


Foreign Investors are reducing their exposures to the Frontier markets...

They are selling down their Tbills and Bonds after they have finished selling down their equities....

Emefiele will have no other option but to increase the discount rates for Tbills in the coming days to keep them back...

seems like the happy days are back again for Tbills Investors!

Ijeoma660:


Any rates for the money or capital market are annualized.

in simple terms whatever rate you are offered must be divided by 364 days and multiplied by the number of days you intend to invest your funds.

Your decision to choose a longer duration is precedent on whether you need your funds back soon for other purposes. However you can liquidate at any point in time but will loose the unearned interest days left to your maturity.

Disclaimer:
I am sorry if I have not used the proper terms I am not an expert

RealityShot:
Sir, this is not I-invest thread.
Go to I-invest thread or create one, it's free!

This is treasury bills thread.

I-invest is not treasury bills. (do not cause confusion here)

Beware or get banned.

#justwise
#Pavore9

Dunkofia20:
How far bro pls advice me on this I have 900k I dont need until January next which investment will give me better deals fixed deposit or primary or secondary market or money market fund

Bamz:


What plate are you on now?
I like peppersoup too

dipoolowoo:
Six-Month Treasury Bill Yield Rises to 15.60%
https://businesspost.ng/2019/08/21/six-month-treasury-bill-yield-rises-to-15-60/

dipoolowoo:
Six-Month Treasury Bill Yield Rises to 15.60%
https://businesspost.ng/2019/08/21/six-month-treasury-bill-yield-rises-to-15-60/

Just2endowed2:



Hmmm good old days finally coming back.

The 9 billion dollars seizure, selling off by foreign investors and loss of confidence in Nigeria economy by foreign investors is driving rate up. Well it is well

zamirikpo:


Yes good old days maybe coming back but why will the big boys with insider info... be dumping their positions.

Why are foreign investors leaving. It's good we discuss that and the possible implications.

zamirikpo:


Yes good old days maybe coming back but why will the big boys with insider info... be dumping their positions.

Why are foreign investors leaving. It's good we discuss that and the possible implications.

IkalaiyeLOTO:


I assume you now know what I-invest stands for sir.
But you have decided to continue laughing since, it's clear you don't know there is a BIG difference between "looking and seeing" or "knowledge and understanding " so laugh out, very very loud sir!

NOUGH SAID

CompareDBest:
That's the ideal we are working towards.

However, consider this; rates vary but the bank giving the best rate in a week typically remains the same. So, whilst the site currently does not tell you which tenor will work best for you today, it can usually reduce your trip or call to one bank.

For now, we update it on the day, ready for investors with multiple accounts to look up which bank is currently giving the best rates the next day. For example, this week it is Stanbic. Some weeks it is UBA, or GTB, or Union, or FCMB, or Fidelity, or Wema or the Sterling partnered I-Invest app etc. Maybe even inspire some to open new accounts.

The site also gives you details new folks ask here aplenty:
minimum amount each bank allows for Tbills primary/secondary market
Deductions from your upfront interest
Channels allowed to place a request
Early termination notice required and costs

It is also more than Tbills. For investors who dabble into Fixed Deposits and Money Market Funds affiliated with commercial banks, we track rates & some features. We compare these, noting that rates can be better with Treasury Bills, but MMFs can be better for those with less than N100k to start.

One day we may have these rates before 1pm, one day realtime. Before then...Nigerians work really really hard, and are time poor. Any time we can save will be its own reward.

zamirikpo:


Yes good old days maybe coming back but why will the big boys with insider info... be dumping their positions.

Why are foreign investors leaving. It's good we discuss that and the possible implications.

obaxlove:
Please how can I invest in Tbills?

zamirikpo:


Yes good old days maybe coming back but why will the big boys with insider info... be dumping their positions.

Why are foreign investors leaving. It's good we discuss that and the possible implications.

Just2endowed2:



Hmmm good old days finally coming back.

The 9 billion dollars seizure, selling off by foreign investors and loss of confidence in Nigeria economy by foreign investors is driving rate up. Well it is well