emmanuelewumi:


Even if it is oversubscribed they will give priority to small Investors.


Union Bank raised N20 billion via commercial papers @5%, pension fund managers bought everything within minutes.

emmanuelewumi:


Even if it is oversubscribed they will give priority to small Investors.


Union Bank raised N20 billion via commercial papers @5%, pension fund managers bought everything within minutes.

emmanuelewumi:


Even if it is oversubscribed they will give priority to small Investors.


Union Bank raised N20 billion via commercial papers @5%, pension fund managers bought everything within minutes.

OgogoroFreak:
This FG bond, what's the minimum amount one can buy from primary market? I never buy bond before o

DigitalMallam:

Price history from the link you provided is blank/empty.
Besides I didn't cook up the figures I gave earlier, it was from my personal & practical observation. I maintain mmf account with them and the interest I get now daily [even as at now()] is half of my daily interest mid Dec.

janga:


50mill is minimum in primary markt. And plz PaEmma if someone wanted to buy a FG Bond with 100mill and after opening a stockbrokin account, did he/she need to credit the 100mill to that stockbrokin acct and then keep waiting to see if the bond will be successful or fail

kunleweb:



We'll. Its to look for a. Comfortable resistance zone and sell. On highs, lock in profits, check if commission fees will be positive but if negative calculate the rate against the profit and let it position remain in tact. I wonder why our nation isn't honing in on this, yet we claim to have astute minds in CBN, when China has been raking in billions in dollars the past 15 years FROM FX. If only African governments knew that most of the loan they go to get from China comes from the profit it holds in the FX market especially counter trend sudden bounce movements. Africans always claim to be bookworms put hardly. Put their knowledge into its optimum use. ( I speak in reference to the CBN and the finance ministry combined). If consulted I don't think its hard to evaluate how to rake in 1 billion dollars from the market seasonally. If Goldman Sachs, George Soros can be doing it, then I wonder why we have institutional deficiency.


( When we talk, they take notes, copious notes - the realm of the gods and when they can't beat the intellect, they resort to blackmails, libels, defamation, character assassination. Chai inferiority complex is a disease )

OgogoroFreak:
This FG bond, what's the minimum amount one can buy from primary market? I never buy bond before o

OgogoroFreak:
You mean everybody seeking this FG bond want to tie their 50mill there?

needful:


Sir, that one tire me. Person no fit invest this days in peace without over subscription. Morgan capital sent me another union bank CP which will take place on Monday.

janga:


50mill is minimum in primary markt. And plz PaEmma if someone wanted to buy a FG Bond with 100mill and after opening a stockbrokin account, did he/she need to credit the 100mill to that stockbrokin acct and then keep waiting to see if the bond will be successful or fail

needful:


This very one is N10,000 minimum investment

janga:


50mill is minimum in primary markt. And plz PaEmma if someone wanted to buy a FG Bond with 100mill and after opening a stockbrokin account, did he/she need to credit the 100mill to that stockbrokin acct and then keep waiting to see if the bond will be successful or fail

OgogoroFreak:
You mean everybody seeking this FG bond want to tie their 50mill there?

Fxmanager:
In a simple term, we call it Currency Reserve Portfolio Management. A look at what China is doing in the link below
https://www.cnbc.com/2019/11/18/china-diversifying-fx-reserves-assets-to-counter-us-dollar-exposure.html
This is likened to Forex Portfolio Management where traders moves your funds across different countries currency according to the economic situation of that country to make profits, but to find that professional trader is hard. He has to note what will affect the direction of currencies by analysing both the report of the economy, geopolitical tension and mergers and aquisation, etc and technically combine to make and inform trading decision

emmanuelewumi:


You are right

yomi007k:


I will try and contact Cardinal stones about the bond purchase.

Do you think they are a good stock brocking firm?

emmanuelewumi:


Too much money in the system, but why will you buy the commercial paper will that meagre returns?

emmanuelewumi:


You are right

emmanuelewumi:



Cardinal Stone is good, are they still at South West Ikoyi?

RealityShot:
use chrome or uc browser to view that page

needful:


But Sir, My fear with this very bond is transferring say 10m and they end up alloting only 2m. Does it usually happen with primary market bond?

IamR:

Good question. I don't want to do same and get paltry allotment.

Cc: ukay2 and emmanuelewumi

emmanuelewumi:


Google any of the stock brokers, i gave you. You can register online through their website

jobark:
A little piece of advice from the little knowledge i continually build on as we all learn everyday.

A lot of us are mixing stages of financial progression and distorting the “build” process. Its a difficult thing to say but you sometimes have to understand that at an earlier stage in finance, savings is key rather than investment as the end goal or target for an investment is to give you passive income or compound your investments.

There’s nothing totally wrong with gradually building capital and focusing on opportunities to add to your savings before venturing into investments.

Coupled with the not so friendly rates in the market averaging 5% for a risk free investment a real life scenario means

N1 million will return about 49k after deductions for a year.

49k spread in 12months means an average of 4k every month.

4k today can’t be termed passive income as it is 13% of minimum wage.

Personally, if my portfolio size hovers around this, I’ll rather seek business opportunities or provide finance for a trusted contractor, consultant or supplier around that could pay me commission above the 4k monthly average.

This is just my opinion and it shouldn’t be taken in a wrong way as we all learn and are open to clarifications or superior suggestions.

delawal:

u re right. people should go and find real Biz and do. imagine 4k return on a million naira per month. that's abuse of money .

personally , I have cancelled all my money investments DT ran into millions of naira after d rate crash in DEC. for this two weeks DT have passed I have seen more returns on my money. intact now I knew I have been wasting my time doing all these low roi investments . na real Biz be d koko.

all these people advising people to continue this kind investments aside people who re abroad, people just just go do real Biz. in anything u do avoid buying stocks for now. dis economy is highly unstable for such

delawal:
let me be a little specific. after d rate crash. I tried out a real Biz with 3% of d total amount DT gave me about 50k monthly in money market investment. in d first week I made a sell DT gave me profit of 30k which which is more than half of d profit I get from money market.

now am thinking of more things to invest in, real things. I use to be blind before. now can see. my advise is for people who can to try out a Biz .just start small small. do little things if u can and see if it can grow.

janga:


most of peoples here are business man,services reseller,freelancer and those cashflow of money earn with business is what goin into investment security and those coupon gotten via bond is moving into real estate. one man food is another man poison, so do what work best for u