₦airaland Forum

Partnerbiz3:
Calm down. The 5% ish can be anything but the answer, that's if you have the facilities to analyse it.

Gaddaffi121:
Thanks everyone for the education so far. I have spare cash of 1million naira. I recently approached my bank- stanbic ibtc for TB, The guy at d desk told me to do FD. I insisted on TB. When he saw i knew what i wanted, he angrily told me to come back on wednesday 16/8/2017 that there will be primary market opening that day. As a newbie, when should i arrive the bank? What and what should i ask for and what should i expect? I dont want to sell myself out as a novice on that day. Please hint me sirs. I know u guys have answered similar questions b4. But just refresh it. Thanks

wellsaid:
@skydiver1: divine help shall always locate whenever u need one IJN. Thank u soo much for this.

wellsaid:
I have done that, can't just recall what I read about it. Lot of pages with loads of info. Please I just need someone to help by highlighting the points

Fynebouy:
My friend did 6 months and got 17.25% on First Bank. Is this a good rate?

Investnow2017:
I keep asking what exactly is special abt Primary Market. In the scheme of things i have my strong preference for the Secondary Market. 17 or 17.3% for a 182 day in the Pry market. Meanwhile i can comfortably get 18.25% for a similar tenor or a tenor close to or a little more than 182 days. And again the concern as to whether one's bill will fly in the first place. At the secondary mrkt you get to know yr tenor and rate immediately!

feelamong:
Take a look at the Treasury Bills calendar earlier posted...Clearly it shows that Only the 91 days and 182 days Tbills would be on offer by the CBN