Nakedman:
Hello house. Please when is the next treasury bill Auction?

freeman67:


Its 13/04/23 that is showing there in that calender so any bid should at least be done on Tuesday 11/4/23 because monday is public holiday .

zamirikpo:
Hey guys pls when is the next auctions. 11th or 18th.

RayRay06677:


I think you ain't right.

JAMB cut off point applies here.

Stop rate is the cut off point but it spell the maximum rate so all below that rate is accepted and all above fails.

Your bank might bid 9% when stop rate is 15%, you will get your 9% and another gets 14% if that was his bid.

Experts in the house, throw more light, thanks

ahiboilandgas:
I don't think so .Highten risk of Naira securities that can be printed via ways and means of the CBN. The return of the old Naira + supreme court judgement + MPR 18 + massive withdrawal is responsible for the spike in rate . 900bn -1 trillion is back to outside the system cheap funds are not readily available for bank and co to place bid .until an equilibrum is reach.

Akerewe:


Good day Oga Emmanuel, pls am experiencing delay in payment of my fgn bond coupon payment for 2036 March 18 nd av contacted cscs, cscs sent me proof from cbn nd I forwarded it to Stanbic bank yet they said they are working on it nd it's almost month end.
Am I the only one experiencing this, or what could be the issue? Ur advice will be highly appreciated sir

Allschoolsinfo:
Oh boy, see pumping!

otomatic:


So what is the solution?

NL1960:


So what is the way forward with an idle cash sitting in an account?.

JaySterling:
What is TB rate now ? And how much can someone yield with an investment of 250M for 364 days

Asking for a friend

bjtinz:
Abeg any idea what the rates of this week's auction was?

CC skydiver01

efismikoko:
Why

yinkaoke:
Hello house please when is the next treasury bills primary auction?

Thank you

SMJay:
What about it?

NL1960:


I saw the post. I just decided to ignore as i no get time for round and round arguments. TBs wen person don dey do even before the N50m rule and also when rates went as high as 17% and then crashed to 2%.

NL1960:


I saw the post. I just decided to ignore as i no get time for round and round arguments. TBs wen person don dey do even before the N50m rule and also when rates went as high as 17% and then crashed to 2%.

jabolo:

eg, These are patently wrong.

Good day.

skydiver01:
Kindly find below the FGN bond auction for November 2022.

Biakwa:


I wonder my brother even on the 13.99% they will charge you WHT on the interest now as FGN has instructed banks to start taking WHT effective January this year..14.5% was last bid rate so he should reconfirm. Am sure most bid will fail as they will be projecting 14-15%..

AngelicBeing:
Hian, if your prophecy fails or fails to come to fruition next year, l will ban your account from Nairaland.com for 20 years

jedisco:


I hope it does. But hope alone does not run an economy.
My life wouldn't be paused for looters in government to do the right thing. The last 8 years for Nigeria has been that of severe inflation and no growth. If the next 8 years turns out similar, then that'd be about 2 decades wasted.

jedisco:


I doubt... except with redomination.
We're asking of stability now...before we start talking of appreciation.