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Treasury Bills In Nigeria - Investment (945) - 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 needful: 2:58pm On Nov 08, 2019
Jejebabaa:


Afrinvest is real and strong. 20M is for Secondary market.

Thanks dear
Re: Treasury Bills In Nigeria by Jejebabaa: 3:26pm On Nov 08, 2019
zamirikpo:


stanbic took my application for next weeks auction and told me they had only 125days on the secondary market, just incase I was interested.




Boss, i lost all my phone contact including yours. I need to ask something regarding Suretrader shutdown please. Its urgent.
Re: Treasury Bills In Nigeria by crowntoro(f): 3:59pm On Nov 08, 2019
Hello everyone!!!
I filled form on Monday as against next week bidding for T-bills and by Wednesday, my money has been deducted. Wasn't the money deducted so fast since trading is still next week.
Re: Treasury Bills In Nigeria by crowntoro(f): 4:00pm On Nov 08, 2019
alphascorpio:
I was at Zenith Bank yesterday to make enquiries and I was told that the new cbn policy does not affect tbills in any way as long as I'm not a debtor or owing money anywhere. I'm waiting for the next auction date which is sometime next week to see if my request for tbills will go through and what the interest rate will be.
have you filled form for the next week bidding?
Re: Treasury Bills In Nigeria by skyangel(f): 4:09pm On Nov 08, 2019
crowntoro:
Hello everyone!!!
I filled form on Monday as against next week bidding for T-bills and by Wednesday, my money has been deducted. Wasn't the money deducted so fast since trading is still next week.


First bank usually deducts as soon as your request is submitted
Re: Treasury Bills In Nigeria by alezzy13: 4:39pm On Nov 08, 2019
Akin3891:



No more tbs, I'm at first bank right now, the guy said they got a message frm cbn yesterday not to accept individual investments, both on secondary n primary markets, is this the END? He said its in d news already

Lol! Confusion everywhere

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 4:39pm On Nov 08, 2019
skyangel:


First bank usually deducts as soon as your request is submitted
debits without paying interest for those day money is held ......smart guys

6 Likes

Re: Treasury Bills In Nigeria by udysweet(f): 4:47pm On Nov 08, 2019
zamirikpo:


No shaking my people , it was just some OLODO reporter .

TB us still very much available to both individuals and small firms
First bank has always been giving stories. Pls is there any other bank one can walk into for TBills or do I just try another branch of first Bank?
Re: Treasury Bills In Nigeria by mumayo: 5:40pm On Nov 08, 2019
zamirikpo:


stanbic took my application for next weeks auction and told me they had only 125days on the secondary market, just incase I was interested.



same experience here
Re: Treasury Bills In Nigeria by freeman67: 6:31pm On Nov 08, 2019
zamirikpo:


stanbic took my application for next weeks auction and told me they had only 125days on the secondary market, just incase I was interested.




mumayo:
same experience here

My own experience was different though maybe because I went there too early. I was in a Stanbic branch and was told it's too early then I remembered their global market opens around 10:30. Went back there at about 10:40 am and was told nothing is available for secondary market so I left only to later start seeing 125days here. Then it was to late for me.
Re: Treasury Bills In Nigeria by Adiwana: 6:36pm On Nov 08, 2019
ahiboilandgas:
debits without paying interest for those day money is held ......smart guys

Not smart but being pure thieves. Its a shame we don't have regulations to checkmate all this rubbish.You can imagine how much they will make with his money in these number of days.smh

5 Likes

Re: Treasury Bills In Nigeria by lifeofkelvino(m): 7:05pm On Nov 08, 2019
How true is this biko

Re: Treasury Bills In Nigeria by Donbrig: 7:06pm On Nov 08, 2019
You guys should understand that banks are not charity organizations, their main goal is to make profits.
Adiwana:


Not smart but being pure thieves. Its a shame we don't have regulations to checkmate all this rubbish.You can imagine how much they will make with his money in these number of days.smh

2 Likes

Re: Treasury Bills In Nigeria by Adiwana: 7:26pm On Nov 08, 2019
Donbrig:
You guys should understand that banks are not charity organizations, their main goal is to make profits.

Making profits by withdrawing money without authorised access and proper notification.He made it clear when he needed the money removed.What if he needs the money urgently or decides he doesn't want to go ahead with the Tbill transaction again?? All this nonsense happen because there's no law and order.In a sane society,its enough to slap them with a hefty civil suit
Re: Treasury Bills In Nigeria by odimbannamdi(m): 7:41pm On Nov 08, 2019
zamirikpo:


NO LIGHT FOR MY HOUSE....pls am waiting for feedback.


Big man like you... grin

1 Like

Re: Treasury Bills In Nigeria by alphascorpio(m): 8:26pm On Nov 08, 2019
crowntoro:
have you filled form for the next week bidding?
Yes I did smiley
Re: Treasury Bills In Nigeria by Thisnut(m): 9:07pm On Nov 08, 2019
t bill is still alive

3 Likes

Re: Treasury Bills In Nigeria by ukay2: 9:50pm On Nov 08, 2019
ahiboilandgas:
all aspiring billionaires don't miss this program....my wife don't understand within I dey watch ....


Loooooool


Na so my friends the vex why I de switch to the programme every 10am in office.

The "investment terminologies " are very hard for them to understand

I just the enjoy the programme and get relevant information I need daily

2 Likes

Re: Treasury Bills In Nigeria by ukay2: 10:02pm On Nov 08, 2019
needful:


The lady said, 20,000,000 for a minimum start from secondary market while primary market is 100,000,000


Oga just carry your money enter stanbic ibtc bank.....as them FGN Bonds available in the secondary market. ....they will show you all available bonds with their offer and coupon percentages. ......you just choose anyone you like and you will be debited the same date. ......coupon payments will start on the stated date for the bond.

Very simple. .....



The charge for cutodian fees is the koko thing ....

Stanbic ibtc. ...0.05% of your face value investment x number of years of your bond

Afri-invest (what I saw in their website was). .....1% of your face value investment x number of years of your bond.


I think 1m may be OK for stanbic. ...though I didn’t ask them.



A beg my hand de pain me to type. .....

Anyother information could be obtained from the bank. .....don't forgetto ask the real investment guys in the bank

....bye....

7 Likes 1 Share

Re: Treasury Bills In Nigeria by odimbannamdi(m): 10:56pm On Nov 08, 2019
zamirikpo:


NO LIGHT FOR MY HOUSE....pls am waiting for feedback.


See this big man...baba, install solar inverter na... cheesy

2 Likes

Re: Treasury Bills In Nigeria by Omonigeriarere: 10:57pm On Nov 08, 2019
Akin3891:



Was at stanbic today, was told i can invest in primary, but no secondary market available . As the dust settles, secondary markets should be back soonest.

So, how to you guess the right rate?
Re: Treasury Bills In Nigeria by freeman67: 11:02pm On Nov 08, 2019
Adiwana:


Making profits by withdrawing money without authorised access and proper notification.He made it clear when he needed the money removed.What if he needs the money urgently or decides he doesn't want to go ahead with the Tbill transaction again?? All this nonsense happen because there's no law and order.In a sane society,its enough to slap them with a hefty civil suit

Nobody is withdrawing any money. Once you fill that form it means you already made up your mind to invest your then your money is earmarked. Even in other banks where you may see your money ( earmark sum for TB ) in your ledger balance, you will see that most times they have already placed a lien on it you will not be able to withdraw the amount proper t. You can see but can't withdraw because you have already requested them to invest it on your behalf. It's not easy harmonising all the request.. also bidding is not done branch by branch. Even if they was any law as you think there should be, they will only adjust their terms and conditions. Once you agree to go with the terms the law will have no effect on them.

4 Likes

Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:17pm On Nov 08, 2019
RealityShot:
Stock market will boom with this ban.

but i wont join them
(mago mago full there both on companies side and NSE itself)

its money market fund or bond time.

if none of the above works.. Dump it in savings account till Emefiele retires.


WHAT IS so WRONG with individuals choosing to loan govt their savings so govt can use it for the development that is making it go abroad and beg for loans?

that CBN gov has lost a nut!
he NEVER expected to return there..
perhaps, this is Buhari's worst mistake in this next level.

My thoughts too.

Nigerians in the diaspora alone can loan the government most of the money they keep requesting from China, World bank, etc, through TBs. It is an investment in its own right.

The government should, in turn, use the loan we give through TBs to develop critical business infrastructures, incentives and security of lives and problems, then they will see if we wont invest in the real economy naturally.

6 Likes

Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:32pm On Nov 08, 2019
Adiwana:


Nobody pulls down his brother more than the black man.Nigeria has the highest number of black people in the world. So that should at least show you how things roll in this part of the world. People will rather support the govt who remove foods from our plates instead of putting them there to fvck us all over than seeing their neighbour live better lives than them. They rather cut their noses to spite their faces.

I love that last line

2 Likes

Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:40pm On Nov 08, 2019
ukay2:



Loooooool


Na so my friends the vex why I de switch to the programme every 10am in office.

The "investment terminologies " are very hard for them to understand

I just the enjoy the programme and get relevant information I need daily

Bros, whats the name of the programme, channel it is shown and time? I wan begin watch am so that i can become a billionaire like ogas dem..

2 Likes 1 Share

Re: Treasury Bills In Nigeria by odimbannamdi(m): 11:41pm On Nov 08, 2019
ukay2:



Loooooool


Na so my friends the vex why I de switch to the programme every 10am in office.

The "investment terminologies " are very hard for them to understand

I just the enjoy the programme and get relevant information I need daily

Bros, whats the name of the programme, channel it is shown and time? I wan begin watch am so that i can become a billionaire like ogas dem.. grin
Re: Treasury Bills In Nigeria by ukay2: 12:36am On Nov 09, 2019
odimbannamdi:


Bros, whats the name of the programme, channel it is shown and time? I wan begin watch am so that i can become a billionaire like ogas dem.. grin

Channel TV
BUSINESS MORNING
10-11am
Monday to Friday
Re: Treasury Bills In Nigeria by zamirikpo(m): 1:10am On Nov 09, 2019
Jejebabaa:


Boss, i lost all my phone contact including yours. I need to ask something regarding Suretrader shutdown please. Its urgent.

Aww....boss, suretrader had issues, they parted ways with there clearing broker. They would now be called F1trade.

Whatever u need....just ask....
Re: Treasury Bills In Nigeria by TotoNaRubber: 5:48am On Nov 09, 2019
Guys, regarding bonds.

I was told these are the rates
10.9 for 2yrs
11.36 for 3 yrs.

How come someone was quoting 16.2% for yields in bonds, how is it calculated cos most bank staff have no clue.



ukay2:



Oga just carry your money enter stanbic ibtc bank.....as them FGN Bonds available in the secondary market. ....they will show you all available bonds with their offer and coupon percentages. ......you just choose anyone you like and you will be debited the same date. ......coupon payments will start on the stated date for the bond.

Very simple. .....



The charge for cutodian fees is the koko thing ....

Stanbic ibtc. ...0.05% of your face value investment x number of years of your bond

Afri-invest (what I saw in their website was). .....1% of your face value investment x number of years of your bond.


I think 1m may be OK for stanbic. ...though I didn’t ask them.



A beg my hand de pain me to type. .....

Anyother information could be obtained from the bank. .....don't forgetto ask the real investment guys in the bank

....bye....
Re: Treasury Bills In Nigeria by odimbannamdi(m): 6:35am On Nov 09, 2019
ukay2:


Channel TV
BUSINESS MORNING
10-11am
Monday to Friday

Thanks baba. But aside cable tv, can i watch it elsewhere? Say maybe their Youtube channel? Coz i will be at work by then
Re: Treasury Bills In Nigeria by crowntoro(f): 6:44am On Nov 09, 2019
skyangel:


First bank usually deducts as soon as your request is submitted
OK, this is my first time requesting Early though
Re: Treasury Bills In Nigeria by ukay2: 7:54am On Nov 09, 2019
odimbannamdi:


Thanks baba. But aside cable tv, can i watch it elsewhere? Say maybe their Youtube channel? Coz i will be at work by then

Yes oga...u can watch it in YouTube at your convenience time

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