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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 Awesomemama: 10:46pm On Oct 04, 2019 |
rotile247: In this context can I fill 700k on the form? Knowing that I have 670k in my account? |
Re: Treasury Bills In Nigeria by dake40(m): 11:06pm On Oct 04, 2019 |
Awesomemama: No you cant... If you do, they wont charge you,meaning you wont be debited... E.g ,you filled in for 700k but you have 670k, it means you are telling them you are no longer interested in buying treasury bill. |
Re: Treasury Bills In Nigeria by Awesomemama: 11:11pm On Oct 04, 2019 |
dake40: Okay Thanks |
Re: Treasury Bills In Nigeria by RealityShot: 3:26am On Oct 05, 2019 |
koonbey:you are right. 436k trumps 403k at the end of the year. It's minimum investment that's the is now. Am looking into dollar fund now. Thank you 1 Like |
Re: Treasury Bills In Nigeria by Witches: 6:34am On Oct 05, 2019 |
RealityShot: RealityShot: RealityShot: RealityShot: If Only you have done ur Research . You wouldn't have said the bolded Above. If you were concentrated on naira asset btw 2014 - 2016. Nobody would tell you about euro-bond. Hope U're Aware you cant get above 6% on eurbd P/A presently ? My Advise try to have a diversified portfolio and you will be fine. |
Re: Treasury Bills In Nigeria by Mfunkynation(m): 7:47am On Oct 05, 2019 |
pls who was successful with fbn for 364 days? @ what rate?
thanks |
Re: Treasury Bills In Nigeria by chigo4u: 7:54am On Oct 05, 2019 |
RealityShot:Dollar fund from where |
Re: Treasury Bills In Nigeria by akinola98: 8:09am On Oct 05, 2019 |
Mfunkynation: I was not successful Too sad ☹️ My friends with other banks got through |
Re: Treasury Bills In Nigeria by RealityShot: 9:53am On Oct 05, 2019 |
chigo4u:stanbic asset management has a dollar fund. dont know the rate minimum capital is $1000 / N360k |
Re: Treasury Bills In Nigeria by RealityShot: 10:00am On Oct 05, 2019 |
Witches:#juxtaposed! what am i doing at eurobond thread if not research? and you think am not NSEMPA? and why did a dog chase me this morning while seaching for a shop landlord?? JORR O! 1 Like |
Re: Treasury Bills In Nigeria by RealityShot: 10:03am On Oct 05, 2019 |
Mfunkynation:dont mind those BFs! they used all our money to close september register! am so getting an sibtc account! they think we are all fools... offering me 12% on friday mtcheewwww |
Re: Treasury Bills In Nigeria by IamR: 11:03am On Oct 05, 2019 |
RealityShot:Please inform the house if you know their offer of yield/rate. |
Re: Treasury Bills In Nigeria by kryptem: 12:02pm On Oct 05, 2019 |
Mfunkynation:I pulled throug, though it was a poor one. Just 12.00℅ for 350 days. FBN get mind sha. They have not been generous enough with their rates. I am considering opening account with SIBTC. |
Re: Treasury Bills In Nigeria by Witches: 1:04pm On Oct 05, 2019 |
RealityShot:
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Re: Treasury Bills In Nigeria by Hallenjay: 1:52pm On Oct 05, 2019 |
RealityShot:hi Pls kindly advice me on ds. I make some deposit to my stanbic account and try to get d form tru mail but none of the customer reply, den I went to d bank the next day to pick a tbill form for stanbic, the staffs was just pushing from one to the other ,from teller to customer care to another person again... Las las the customer section called me bak dat der is no tbill by this hour dat there only available secondary market comes on from 8am to 11am and I can't fill ahead dat the interest comes everyday dat II shd come the next day. I got pissed off and request to close my account, they start anoda go here go here again because it was Friday and I've a meeting to attend, I left the bank and go home. Now my question is do stanbic actually have times they auction der secondary rate and if I want to close my account, will I be able to cash out all my money without charges considering am closing it. Thanks |
Re: Treasury Bills In Nigeria by Icecream4U(m): 1:55pm On Oct 05, 2019 |
Hallenjay:Why close the account when you can just transfer all your money to another bank? And, yes! All banks have time frames their secondary market are opened. 2 Likes |
Re: Treasury Bills In Nigeria by oliverdon: 3:22pm On Oct 05, 2019 |
Stanbic secondary NTB start by 10am to 1pm |
Re: Treasury Bills In Nigeria by Adiwana: 3:49pm On Oct 05, 2019 |
igbizen: Thats not how you get rich.You max your income..Why do business where you make 5%/Annum and can do another business with the same risk level and make double of that amount at the same time. Lets say you invest N100M into T-bills.A little increase from 10%-11% puts an extra 1M into your pocket.You cannot say because you are diversifying,you have a collective income of lets say 8% on that same N100M.That is deliberately denying yourself N3M.Not a wise way of investing 2 Likes |
Re: Treasury Bills In Nigeria by DigitalMallam: 4:31pm On Oct 05, 2019 |
RealityShot: I'll advice you to do your due diligent with your bank before investing, it's not cheap to maintain $ account. You deposit money, you are charged commission, you withdraw same charge applies, you withdraw penalty applies, even when you receive or send money online you incur charges. At the end of the day, IF Naira is not badly depreciated, you might end up losing sizable part of your money. Below is the current rate 6 Likes
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Re: Treasury Bills In Nigeria by RealityShot: 5:36pm On Oct 05, 2019 |
Witches:kai.. Exactly that one on the left! |
Re: Treasury Bills In Nigeria by RealityShot: 5:42pm On Oct 05, 2019 |
DigitalMallam:ok thank you Sir. |
Re: Treasury Bills In Nigeria by RealityShot: 5:47pm On Oct 05, 2019 |
Hallenjay:friday is always dicey. go before 10 am monday seek out tbills officer 1st. use the account, they have best rates, you can also go to another branch. |
Re: Treasury Bills In Nigeria by munezo(m): 5:58pm On Oct 05, 2019 |
Hallenjay: Stay with Stanbic, they are the best. Always go early to book your TBills. Look for a branch where they have customer care officers who know about money market or when you get there, tell them to call their Global Market guys at the Head Office so you can speak with them. The Global Market guys will direct the branch on what to do. 2 Likes |
Re: Treasury Bills In Nigeria by yomi007k(m): 7:10pm On Oct 05, 2019 |
DigitalMallam:Thank you for the information sir. E no easy to make money ooo |
Re: Treasury Bills In Nigeria by seye4nii(f): 8:33pm On Oct 05, 2019 |
loose out on 364 days with FBN as well too bad when is the next primary bidding please all my oga in the house or i should just go for secondary as diaspora customer very hard to get hold of them by email not really ok you will send firstcontact email and copy diaspora sometimes it takes both 7days before replying you with we are very sorry for late reply even by phone diaspora never pick but firstcontact do pick and they will still send me back to diaspora section so please advise secondary or primary just to avoid missing out always thanks |
Re: Treasury Bills In Nigeria by igbizen(m): 9:59pm On Oct 05, 2019 |
Adiwana:This is the vague analysis I don’t like. Do I have 100M coming to me at once. Or are you not seeing people’s auction failing everyday. Just do what works for you. Leave max out for now. 10 years time we will talk. I have my own path and calculation too bro. I did not win lottery so stop analysing with 100M for me. 2 Likes |
Re: Treasury Bills In Nigeria by Adiwana: 11:34pm On Oct 05, 2019 |
igbizen: Bro, don't take it too personal.We are not fighting.lol The 100M was just for analysis. Could've used 10M, could've used 100K. Doesn't take away anything.It doesn't even have to be T-bills as basis of the whole thing. I talked about T-bills cause that's the thread we are on I for one diversified from T-bills by purchasing a property which rose by almost 200% in 2 years.T-bills won't give me that All am saying if you didn't get my point is you don't diversify all in the name of spreading out your investments.You diversify cause other investment options may offer more than what you get from your current stream of investment Main thing is we are just contributing our thoughts and how to make as much money as possible. If spreading out works for you, then you do you 6 Likes |
Re: Treasury Bills In Nigeria by Nobody: 12:34am On Oct 06, 2019 |
Hello, guys I've overworked my brain trying to calculate figures since morning. I want to access a bank loan to reinvest in treasury bills. Is this a wise move? Will I ultimately be on the losing side of this equation? |
Re: Treasury Bills In Nigeria by Wickedtruths: 1:03am On Oct 06, 2019 |
iamadonis2: How much is bank loan interest rate per annum? Around 21% and above. How much is Tbills interest rate per annum? Around 13% as at today. You want to use 21% debt to make 13% profit? This picture explains what would happen if you try it. 25 Likes 2 Shares
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Re: Treasury Bills In Nigeria by Nobody: 1:18am On Oct 06, 2019 |
Wickedtruths: Funny. Thanks for sharing your thoughts, Sir. Thank you |
Re: Treasury Bills In Nigeria by RealityShot: 3:49am On Oct 06, 2019 |
DigitalMallam:now is it yield or yield at issue that I will get? .. After doing the math... @7.63 for 2025 And considering charges of like 3-5% It's not worth the stress... Except dollar reaches N450-500 I will stick to Tbills and start a business now... Stock goods... If dollar rises.. The goods may double in price. That will make me more money too.. Eh.. Lol |
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