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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4505080 Views)
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 awesomeJ(m): 8:45pm On Nov 01, 2020 |
ahiboilandgas: Na wah! LCC will need 10 Millennia to meet up, that time, everybody don kpai. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 9:54pm On Nov 01, 2020 |
Cyberknight: Well said! 1 Like |
Re: Treasury Bills In Nigeria by einsteine(m): 11:14pm On Nov 01, 2020 |
☺️ |
Re: Treasury Bills In Nigeria by Insideout20000: 11:21am On Nov 02, 2020 |
talk2tonie:I don't understand these rates |
Re: Treasury Bills In Nigeria by Nakedman: 2:19pm On Nov 02, 2020 |
Insideout20000:It means everything don pafuka ��� 1 Like |
Re: Treasury Bills In Nigeria by talk2tonie: 2:20pm On Nov 02, 2020 |
Insideout20000: It means TB rates are down to less than 1%. Very unattractive. 1 Like |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 2:41pm On Nov 02, 2020 |
What is happening to dollar today? Why are abokis not buying since Friday? What's going on? Did the CBN say something? |
Re: Treasury Bills In Nigeria by emmaversity(m): 4:31pm On Nov 02, 2020 |
RayRay06677:How long has Pipminds been in existence? Is their ROi paid monthly? |
Re: Treasury Bills In Nigeria by Insideout20000: 5:23pm On Nov 02, 2020 |
talk2tonie: Jesus!!!! What investment can one fo this time around that would be profitable? |
Re: Treasury Bills In Nigeria by talk2tonie: 5:33pm On Nov 02, 2020 |
Insideout20000: Try stocks if you can take the risk. |
Re: Treasury Bills In Nigeria by Insideout20000: 5:58pm On Nov 02, 2020 |
talk2tonie:Thanks but why are the rates so low. Does it mean FG have enough money that they don't need TB and Bonds to from the public? |
Re: Treasury Bills In Nigeria by RayRay06677(m): 6:52pm On Nov 02, 2020 |
emmaversity: Don't know actual date but I know someone that has been investing since 2019, monthly roi at 15% |
Re: Treasury Bills In Nigeria by richforever123: 8:36pm On Nov 02, 2020 |
Insideout20000: They are borrowing from China 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 9:05pm On Nov 02, 2020 |
richforever123:Tbills are used for short term borrowing (and monetary policy purposes). Government doesn’t borrow short term money from China. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 9:23pm On Nov 02, 2020 |
Insideout20000:Most of the investors in Tbills are institutional and conservative investors that cannot afford to stake their funds in the real sector and other risky investments in the current economy. They must put that money somewhere and Tbills are the safest investments right now. Even at 0.1%, Tbills will continue to be oversubscribed until CBN decides to switch monetary policy to fighting inflation. For CBN, the intention is not to punish or frustrate individual investors (with their small change). They believe/think low Tbill rates will force lending rates to drop and encourage real sector businesses to get cheap credit from banks. 5 Likes |
Re: Treasury Bills In Nigeria by Insideout20000: 1:14am On Nov 03, 2020 |
Lazyyouth4u:I understand now. So Tbills rate are not going up anytime soon. |
Re: Treasury Bills In Nigeria by Insideout20000: 1:16am On Nov 03, 2020 |
Lazyyouth4u:I remember in 2017 when I invested in tbills. The rates were BTW 16-18% then. What could have happened within 3 years? |
Re: Treasury Bills In Nigeria by emmaversity(m): 7:34am On Nov 03, 2020 |
RayRay06677:Ok. Since you invested have they(Pipminds) been faithful to the monthly payment of ROI without Any excuse? |
Re: Treasury Bills In Nigeria by DigitalMallam: 7:37am On Nov 03, 2020 |
Lazyyouth4u:No institutional investors will be happy to invest for less than 1% roi when inflation about to hit 14%, and devaluation lurking around the corner. The only class of investors still doing TB are the PFA, and its strictly due to act Pencom act that clearly fobid/prevent them from investing in some class of investment. FG specifically gave them class and percentage of their fund they can invest in these set of investments. Plus the fact that PFA just sit down in their office and billions comes in monthly. Arm twisted by the law, they just do minimum % allowable on TB. If you look at the trend they have reduced their TB investment from 1.9trillion to 1trillion since the rate started going south. If the pencom act did not change, FG will be happy to keep TB rates at sub 1% |
Re: Treasury Bills In Nigeria by Nobody: 7:41am On Nov 03, 2020 |
DigitalMallam:Who is an institutional investor? Are PFAs not the largest domestic institutional investors? We are actually saying the same thing. Domestic institutional investors (mainly PFAs) will still invest in Tbills even at 0.1%. Where else will they put the money in the current economy? Btw, would you be smiling and sleeping well at night if your PFA invested most of your hard earned retirement savings in risky investments in the current economy? 4 Likes |
Re: Treasury Bills In Nigeria by 9jatriot(m): 8:05am On Nov 03, 2020 |
Na wa o, so na u be this wen come de talk sense like this? abi de hack your account? Why you come first use insults announce your presence for here if you know say better juice actually de inside ur head as brain. I non fit believe say day go come wen I go de node my head in agreement with wertin u de talk. Show me the pastor wen remove that cussing demon from ur moniker, I get other monikers to submit for prayers. Lazyyouth4u: 17 Likes |
Re: Treasury Bills In Nigeria by maishai: 8:20am On Nov 03, 2020 |
DigitalMallam: Day light robbery with the law, see how workers are robbed, after paying your tax(paye), the government has dipped their fingers into people's retirement savings through the pension funds act, at this rate of inflation the government is spending the current value of ur retirement sweat to give you worthless naira in the future, Meanwhile infrastructure is still at snail speed development 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 8:39am On Nov 03, 2020 |
Insideout20000:At that time, CBN’s monetary policy was to fight inflation and attract foreign investors (who were flooding in with their USD) using high interest rates. High interest rates were also used to borrow more from the domestic market to fund deficits. Today, CBN’s monetary policy is to stimulate the economy via boosting domestic credit with lower rates. Also, since the directive prohibiting non-banks and non-FPIs from investing in OMO, there has been more than enough liquidity in the domestic market for Tbills. So government can afford to borrow from the domestic market to fund its deficit at low rates. 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by NL1960: 9:11am On Nov 03, 2020 |
9jatriot: I dey really gbadun this new @Lazyyouth4u. Brilliant and indept analysis from him. I hope he does not change to the old @Lazyyouth4u o. 4 Likes |
Re: Treasury Bills In Nigeria by NL1960: 9:13am On Nov 03, 2020 |
Lazyyouth4u: With the government having smelt this blood, i doubt they will want to reverse this low rates. 1 Like |
Re: Treasury Bills In Nigeria by lavylilly: 9:44am On Nov 03, 2020 |
Sam, a friend of mine who is a very successful property developer gave me this advice yesterday and I want to share: “When investing in property, it is better to buy a cheap rundown house in a posh neighborhood, than a posh property in a cheap rundown neighborhood.” Good morning. 18 Likes 4 Shares |
Re: Treasury Bills In Nigeria by 9jatriot(m): 9:58am On Nov 03, 2020 |
Sam, nice guy. Similar advice to what Ahib has suggested here time without number. It makes a lot of sense, but you need capital to implement this kind of advice though. lavylilly: 10 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:36am On Nov 03, 2020 |
9jatriot:chai so u remember all those stuff ....that nice.....God bless your hustle 1 Like 1 Share |
Re: Treasury Bills In Nigeria by 9jatriot(m): 10:46am On Nov 03, 2020 |
Baba... We plenty when de appreciate you for here. God bless your hustle too. ahiboilandgas: 6 Likes |
Re: Treasury Bills In Nigeria by GiveInvestGift: 12:26pm On Nov 03, 2020 |
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