With this high demand, I hope 182 days gets to 17% sef. But then, What do I know?

feelamong:


Been waiting for some info before sticking out my neck but it doesnt seem to want to come...

I got an offer at the secondary market from an Investment firm that bought via OMO and was willing to sell 199days at 17.6%

as for the auction....I will predict as follows

91 days --- 14.35%

182 days ----17%

364 days 17.5%


the amount of foreign inflow for this Auction is enormous.....

I will advise all to play safe and not to be too bullish..

http://www.thisdaylive.com/index.php/2016/08/30/external-reserves-rise-by-595m-as-offshore-investors-stake-327m-on-bonds/

Happy Investing

Please can you let me know the investment house? Sent you a pm.

feelamong:


Been waiting for some info before sticking out my neck but it doesnt seem to want to come...

I got an offer at the secondary market from an Investment firm that bought via OMO and was willing to sell 199days at 17.6%

as for the auction....I will predict as follows

91 days --- 14.35%

182 days ----17%

364 days 17.5%


the amount of foreign inflow for this Auction is enormous.....

I will advise all to play safe and not to be too bullish..

http://www.thisdaylive.com/index.php/2016/08/30/external-reserves-rise-by-595m-as-offshore-investors-stake-327m-on-bonds/

Happy Investing

That's why I didn't complain when they (GTB) ignored my bid of 17.5% for 182 days and forced their own bid of 16.4% down my throat. The difference is about 20k give or take. Better than idle funds for 14 days.

feelamong:


I know of some banks selling 182 days at 15% in the secondary market

How can your interest be more than your principal?
Check your numbers again.

debeey87:
To aid my understanding,I'll like to paint a scenario about buying in the next a auction.

I was told by stanbic d 91days rate for d next auction is 14.99%. I plan getting 200k for instance on the day of maturity.

From my understanding, I'll be buying with 170020 naira to get d 200k at the end of the 91days.

Pls my ogas here, make una tell me whether my analysis is right cos I plan buying in the next offer.

Thanks

Definitely GTB.
Please what will one get for 182 days in the secondary market?

manlikegb:



Hey @feelamong, I got a successful bid rate of 16.4% for 182 tenor. I read someone on here sailed through with 17.25. Is 16.4 efficient enough or should I try a different institution to help me bid the next time?

Your blood dey hot!

Omonigeriarere:
Any result on Today's TB?

How can one participate in this OMO auction.
Just called my account officer, he has no clue. Can one bid through their bank like tbills?

how can one participate in an OMO auction?

You think so? Wait a few months after budget is signed. You go see 14% for 182 days, 15% for 364. You go lock in for one year.

KwoiZabo:
Thanks. I guess my decision to do 1.5m for 364 days in the last auction was a good one. Acct: ********
Amt: NGN1,358,461.02 Dr
Desc: TREASURY BILLS INVESTMENT-trBP 265 NTB364DAYS_AUCTION
Avail Bal: NGN ***. The bank (GT) charged about 1800 as custody & commission fee. At this rate it should be 9.3% of 1.5m or 10.2% of the deducted amount which is how fixed deposit is calculated.

Available 2.5m

Available

Reg. Barely used.

Available

Holla911:
price ?

Right there. 2.5m

For sale:
Nig reg., barely used Toyota camry 2010, XLE Edition. 2.5 million
Features:
1. Thumb start (push to start)
2. Keyless entry
3. 6CD loader
4. Leather seats
5. factory fitted A/C
6. Sun roof
7. Alloy wheels
8. Mileage: 130k
9. Four plug
10. Clean title

By now, you’ve probably seen Khloé Kardashian, Blac Chyna, Jessica Alba, and a dozen other celebrities endorsing waist trainers on Instagram and in magazines. They claim the trainers add curves and flatten postbaby tummies, helping them feel good about their bodies. But the science behind waist training isn’t so hot — experts say the devices can cause acid reflux, pulmonary edema, and more.
Listen, we’re all about your doing whatever makes you feel your best. But when that comes at a cost of bruised bones, dizziness, and pneumonia? We have to take pause. So we took a look at what happens when you wear a waist trainer, body part by body part.

Waist
The trainer will compress your waist while you’re wearing it, pulling your skin, fat, muscles, and organs tighter, which makes you look slimmer. What won’t happen: any permanent loss of inches around your waist. “Wearing a corset won’t make you lose fat around your waist,” Holly Phillips, MD, a New York City internist, told Yahoo Health. Your waist will be trimmer while you’re wearing it, and immediately after removing it, but it won’t make any lasting difference


Lungs
While most trainers don’t come up high enough to compress your lungs, wearing one does make it harder to allow air into your diaphragm, leaving your lungs starved for oxygen. “Wearing [a waist trainer] for a long amount of time makes it hard to breathe, so you’re taking more shallow breaths,” Phillips says. It can also “lead to fluid in the lungs,” putting you at risk for pulmonary edema or pneumonia.

Brain

Those shallow breaths can cause an oxygen shortage, leaving you feeling dizzy and lightheaded. This can happen at a micro level (your thoughts may seem scattered or hard to follow) or macro level (you can lose consciousness).

Rib cage

While it’s possible that excess fat can make your chest look bulkier than it is, some women just have larger rib cages than others. A waist trainer can’t change that, but using a too-small trainer or corset can cause your ribs to bruise, which some may mistake for weight loss or a slimmer rib cage. “What is a myth is that you can change your bone structure,” Phillips says. “For [adult] women, your bones are formed. You can bruise them and harm them, but you can’t change them.” A waist trainer won’t slim down a wide rib cage — it’ll just leave it bruised, or worse.


Veins

Not only can wearing a waist trainer thin out your air supply, it can also “decrease blood flow in your veins, cause problems with blood clots, and put more pressure on your heart,” Andrew Miller, MD, a plastic surgeon in New York City, told Yahoo Health.

Stomach

A waist trainer may help you eat less, but it comes at a price. “Some people think of it as external gastric bypass surgery,” Phillips says, because your stomach is so compressed that you can’t take more than a few bites of food at a time. And sure, “anyone who doesn’t eat as much is going to lose weight,” Miller echoes. That said, you will have some unpleasantness when you do eat because of the pressure on your organs. “You’re compressing your stomach so much that when you take a bite of food, you end up with acid reflux,” says Phillips.

Source: https://www.yahoo.com/health/what-happens-to-your-body-when-you-wear-a-waist-224444175.html

Cc: Lalasticlala

please help with 4T1BF3EK4AU561682.
orasky38@yahoo.com
thanks

Been looking for this word forever. Intellectual orgasms never end. You got mail.

MathsChic:

Cos I'm sapiosexual, that's why. It'd be a great waste of our time if he weren't.

Book smart or street smart? Perhaps a mix of both? Ready to give as much as you get?

MathsChic:


I actually can't tell if he's serious, but his persistence can help narrow my interest. However, i have to like him first and he's got to be intelligent, very intelligent.

Lol. Correct man. Like they did to the tbills mkt abi? Guys no wan do due diligence.

bakila:

Check the economy select the kind of risk you can bear, if it can produce what people want there you have your vehicle.
I cannot share my vehicle with you because you MAY saturate the market.

You honestly think I'd sink in money without investigations? They are not obscure. If you did a little digging, you'll find them. I did post their name earlier but it was removed. And it ain't rocket science, 14% is reasonable.

jpphilips:


Aren't you bothered about what they do with your funds? how is the liability shared when the investment house does a bad business you did not authorize? What is their assets base and ownership portfolio, to guarantee the efficiency of any court order on your funds? are these terms spelt out in black and white?

I got involved with one in the past that did a buisness I wouldn't do with my funds, after a balooned interest on my funds over a period, I secured a court order to auction their assets, I got the shocker of my life that they are not worth the amount I invested let alone the interest.
Nothing criminal, everyone departed in peace.

Gosh! I couldn't have said it better. I envy you for the kind of wife you have. I earnestly pray for such a lady. It's not rocket science really. There is a bond that sharing creates. You guys should have no secrets.
That said, trust is earned. Both ways.

MrOrioye:


Marriage is an unending project so you’re free to try somethings sometimes (with care) to see if they will work for you. It’s true, women earn more than men these days. Personally, I believe you’re only helping yourself if you submit all you have (EVERYTHING) to your husband. Yes!! Don’t strike me yet…continue reading. It works for some people, and doesn’t for others. All depends on the kind of hubby you have. Different families with different formula. Wether one formula works or not depends on the personalities of the couple.

It makes some men lazy (so true), it makes some men sit up and for some others; indifferent.

This is a very critical matter in Marriage. In fact, i’d say so many marriages fail because of this. The worse thing is, it gets to a point they don’t remember what is responsible for the problems in the family. This is because men (with pride) pretend this subject doesn’t matter until they start seeing their wife spend on luxuries they can’t afford and maybe when friends begin to notice. An average man won’t come out to say what the problem is, he won’t want his wife to sense he is being intimidated by her actions. Regarding such matters and the likes, christian women want to hurriedly quote 1Tim 5:8 and Eph 5:25 and what i ask them is why jump to verse 25 ignoring verse 22? Well that’s a story for another day. Let me share my own personal experience.

I am a married man. Ever since i got married my wife has been practising what so many people on this thread call “the insensible”. She does direct transfer of her entire salary to my account and then comes to me when she needs anything. Its not as if i wasn’t working, i was but she earned more. We pay all bills and shop from my account. Well this act of insensibility has made our union stronger. From day one, up till this moment, money has never caused any argument in our house, not the slightest one.

She’s the smartest woman I’ve ever met. It took some time before i understood that if you persistently drop your fetcher in a dry well, you will one day draw out water. At first i thought it wasn't real and that she will change. I’m from a polygamous background and my orientation was that “women are this, women are that, they will ruin you if they know what you’re worth bla bla bla”. To my surprise, 1st yr, 2nd yr, 3rd yr she was 100% consistent (Note: during these years she was earning 40% more that i do).

So towards the end of the 3rd yr of our marriage, I started a company and gave her 100% access to all that I have, made her signatory to all my accounts including my company’s account and gave her the PIN to all Cards. Now ask yourself, who pays the bill? Myself or my wife? Who owns all my salary and proceeds from the company?


Let me tell you how it helped us

1. During the period she was earning more, i didn’t feel the pressure. And today whenever i remember it, I just text her to say “thank you”.
2. She imprinted the idea of “Money is just a tool” in me.
3. Whenever she requests for anything, I don’t say no. Not even when the amount involved is more than our joint salary. You know why?….She’s set the pace by making that big sacrifice.
4. I can’t spend a dime from "my account" without her consent. You know why? Something tells me inside that all the money is hers and i’ll be a gentle man to ask her permission.
5. I got to that point in a man’s life when i wanted to have extra marital affair. I couldn’t because i didn’t know how to defend monies i withdraw for any purpose other than business or home. And trust me, if its business, she knows everything about my business including all my clients. This is just a summary point but i tell you, it helped me overcome that trial at that particular time. Trust me, all married men gets to this cross road sometime in life and if nothing stops them then their relationship starts to decline. For some men, its conscience; their conscience fights them hard and wins, for some its a single church sermon (or other encounter) at the right time that helps, for me it was the transparency and accountability initiated by my wife that prevented me.
6. Then of course, having our monies together makes us do “everything” together (which is a key factor for transparency and accountability in our home”

Let me tell you how it could've been

1. There may not be 100% transparency & accountability. Due to the polygamous background i have, I could've been the kinda hubby that would not let his wife know what he is worth because I'm trying to hide my money (or worth). If you don’t know what he is worth, you’ll ask based on what you are worth or what you perceived him to be worth. That causes crisis because some men like to pretend they have even when they don’t, some like to pretend they don’t have even when they have. It is essential for you to know what the case is always. And for you to know, you will need to have access, for you to have access, you may (like in my case) need to earn it.

2. Who knows? During the times i didn't have much, I may not be able to ask directly and just keep suffering in silence. Trust me if that was the case, we may not be where we are today. This is how it works, whenever a man (not all) is worried especially due to lack of money, he can't have quality sex with you, and in some cases may not have sex with you at all. Now you may be asking yourself “why does it have to get to that point?” Well, situation caused the lack, he has ego, hence may not be able to ask; The fact that he knows you have and you’re not logical enough to understand angers him, and in turn, he will rant at everything you do. Then you’ll be the one to cry to your pastor/neighbour/mentor complaining theres no peace at home.

Thank God the later didn’t happen. We’re happy together. Now we both counsel people as a hobby.

My advise to you…

Know your hubby. Try the peaceful approach first….”submit all”. If you see its not working, halt! address the reason why its not working (he is drinking, flirting, insensibly generous, lazy and so on), after addressing the issue, then resume back. Apparently, Its best to keep both monies on the table and plan. That way you grow fast. The bible calls the woman “a helper”. You can not draw someone up from the ground without you first standing above them, so in that case God knows why you earn more.

Except for a shameless man, if you put your husband in charge of your money, you're only employing him as your manager and in turn getting unlimited access to his own purse. In some cases you're using that to show him how you want him to do. You're telling him you trust him with all you have and thereby enhancing transparency and accountability at home. Lastly, you're forcing him to plan with you; trust me, you'll enjoy it when your husband calls you to the table to plan with you.

........Like i said, this doesn't work for a shameless man.

Whoop! You got mail.

sihom:
At Quertyquack,

I am flattered and would like dinner at Yellow Chilli or Terra Culture assuming you are also in Lasgidi i.e Lagos

Hey, holla back @ me whenever you see this. After reading your posts in the investment section I think I would like to pick your brain on financial matters.

And if Yellow Chilli or Terra Culture is too much of a hassle Debonairs' pizza will do just fine.

Lol

Can I buy you dinner? Pick any place. Any. You have too much sense!

sihom:
I think that money should go into a joint bank account created for the purpose of funding family/household projects - but I'm a single lady what do I know.

Three married women I know of have done this sort of thing on a regular basis, it led to their husbands becoming lazy and slacking off on responsibilities like paying school fees, house rent etcetera practically leaving those responsibilities to their wives to handle.

My only concern and fear is that your husband may go the way the men described above did. On the other hand another true life story of a married couple I know was different from the women above.

Tunde (not real name) was unemployed for seven years and all his attempts at business and finding a stable source of income wasn't yielding fruits. His wife (let's call her Kanwulia) on the other hand was gainfully employed and each time she received her salary she would give all of it to Tunde.

I figure she did this to honour Tunde as her husband and the head of the home. Tunde never took things for granted and always used the money wisely & prudently. No one ever knew the situation in that house for as long as it lasted not even their family & friends.

Today, Tunde & Kanwulia handle pre-marital counseling & classes at a certain church and they often share their story with intending couples.

You know your husband better than I do. Will he in the long run behave like Tunde or the other three husbands I mentioned?

A joint account thingy is what I would do in your shoes and since you earn more you can as well fund the account at a higher ratio than your husband with a caveat.

That caveat being that you are both signatories to the account and one person cannot withdraw funds without the knowledge & signature of the other. That way you are kept in the loop and aware of where your monies collectively as a couple is going to.

LOL! 100k for 1m in 91days. You sef check am now.

chikkaobi:
Please can someone clarify for me why people go for 1yr TBills instead of 91days tenure?
In a situation where 91days is 10%, 180days is 12% and 365 days is 14%

Why will anyone wanna go for 365 days tenure?
Or is the 10% for 91days fake?

Assuming I have 1million
Going for 91days gives me 100,000 ROI on 10% right?
Or is this wrong?

Unfounded optimism. The low rates suit the FG quite well. They will remain so for a while. The TSA has delivered fresh lifelines as well as leakages that have been plugged. There is so much liquidity in the market. Plus too much investor funds. Don't see it changing except crude takes a massive hit.

mekaboy:


I think the rates will go up as soon as the 2016 budget is ready, you know the govt has past its borrowing limits for 2015 and they r still borrowing. When its time to borrow for 2016, the rates will be more attractive.

I know of an investment house that has an investment vehicle paying 14%pa tax free. But you'll get your interest at the year end not before. Also, you cannot retrieve the cash at any time. I don't work for them but I invest with them. Is it okay to put up their name or is that some form of advertising?
Cc Seun

First off, I have not bought bonds. So, I'll be telling you why I stick with tbills of 182 days or less. It is principally because its short term and I can reinvest at maturity if a more rewarding investment pulls up. I can't do that with a bond investment. Also, if the naira gets devalued, I can adjust as required. Different strokes for different folks you may say.

yomi007k:
Pls how many ppl have invested in FGN bonds.

I'm thinking switching from T-bills to FGN bonds, n wud like 2 know pros n cons becos na my life savings.

There's definitely an auction this week. I guess Oct 1st scuppered next week's.

tziz:

If this is true, then wat is supposed to be happening on 24th of September?, judging frm the spread sheet below...

Hmmm...
This is frankly unbelievable. Have you gotten your credit? Ask her to send the bank's stop rates to you or visit the bank and insist. Anyone working with GTB here can help us. Its the same rate nationwide. Something's amiss here.

BoboYekini:
I asked GtBank to bid at their rate. And they bid at a miserly 6.55%! 182days. Do these accounts officers get a commission for misleading/misinterpreting customers' requests? First time around the lady said they were unable to treat my instructions along with the batch, now this.