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Skydiver01's Posts

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InvestmentRe: Treasury Bills In Nigeria by skydiver01: 4:27pm On Nov 07, 2024
Because they are correlated. In fact, globally correlated wink
ernie4life:
Why are we discussing bonds in a treasury bills thread?

Treasury bills is at an all time high with Yields of 29.8%.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 8:20pm On Nov 01, 2024
Why waste time on scenarios that are not going to happen? Nigeria has been one country for 110 years! Best to spend time on more meaningful thoughts/actions such as how to fix the economy and restore our materially reduced position as the Giant of Africa wink
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 7:58am On Oct 30, 2024
manwomanok:
please House, when is the next FGN BOND date

Thank you

InvestmentRe: Treasury Bills In Nigeria by skydiver01:
Good morning wink
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 11:17pm On Sep 24, 2024
You are spot on (on point) never mind not having an MBA wink

emmaodet:
Which brings me to the question -
If you are discouraging manufacturers thereby reducing production, some even close up due to loan defaults and layoff, how you want take grow economy when people are been thrown into more hardship and unemployment.
This type of economic move still dey baffle me.
Anyway, I didn't graduate from Cambridge or hold an MBA, so I will leave that to exparts or professionals in that sectoe
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
My March 2036 FGN Bond coupon was paid yesterday (5 days late but the additional 5 days interest was paid wink). Time to compound wink
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 2:14pm On Aug 28, 2024
Most likely September 4, 2024.
teejay5:
Good evening,house,pls when is the next bidding?
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 5:38am On Aug 10, 2024
17.55%x13/365xN100m is N625,068 wink
presiade:
Just to clarify, I hope you know that rate is per annum. In 13 days, you’ll only get ~17.55%*(13/365) = 0.2689% of your investment face value minus fees and charges. So, if you invest N100m, you’ll get less than N268,900.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 6:49pm On Jul 30, 2024
I believe its an index for the 30 largest capitalised companies listed on the Nigeria Stock Exchange (NSE) wink
ojesymsym:
Make una non vex, which one be NSE30 again?
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
Yes wink
joboy834:
Please are you comfortable with SCB 2% commission (secondary market). I think it is high. Please does anyone know of a bank with commission lower than that for bond purchase. Thank you
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 5:25am On Jul 30, 2024
Wednesday 7 August, 2024
tabithababy:
Please when is the next primary auction datehuh?? Please o
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 5:23am On Jul 30, 2024
Good morning. Don't worry about missing my earlier post on the subject. Like Warren Buffet says "invest for the long term, keep a diversified portfolio and compound along the way" wink
awesomeJ:
Makes sense.
Makes much sense.

Sorry I missed your earlier post on the subject.
At 10% bonds weighting, your portfolio is even way better than I would have suggested.
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
I have addressed this in the past. I have a balanced portfolio. My bonds are about 10% of my portfolio. The rest are FX dividend paying shares that also provide capital gains. wink An example is shown below of an FX dividend I received in May this year. wink
awesomeJ:
Why do you like bonds this much na.

Just a suggestion o, I think you should rebalance your portfolio. Add some stocks.

You seem to be a long term person, why not add some good dividend paying stocks that would do like 8% in dividends and may still do up to 2000% in capital gains over the lifetime of those bonds.

SEPLAT trades for around $2.4 but pays $0.03 every quarter. That's 5% annualized.

But check the prices on July 25th 2023 vs July 26th 2024, The capital gains is about 134%.

Over the past 5 years, the only bellwether on NGX that's losing is NESTLE. It was overpriced to begin with though.

I understand you have your reasons and and I'm not suggesting they aren't awesome. I just feel you should be getting more returns
. It's sort of paining me 😁😁.

Just maybe consider pushing 20% of your bond portfolio to other asset classes with capital gains potentials sha: stocks, euro bonds, gold etc.

Except of course these asset classes already have a significant weighting in your overall portfolio.

Again, you don't have to take this seriously, it may be someone else who finds it useful, now or later.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:15pm On Jul 28, 2024
You are right. 13% to be precise. I feel great about them. In addition, I have recently bought more bonds (2034) at 19% yield. So its all good wink
Nakedman:
With rate spinning around 21% how do you feel about these bonds as you must have gotten then around 11-13%
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
Understood. I have been holding these bonds for years now and plan to hold till maturity. The currency risk is quite inconsequential for my needs. Besides, who is to say post/from 2027 the Naira will not appreciate... Anyway, that is irrelevant to me wink btw I also have 2036 bonds which will pay its next coupon in September smiley

awesomeJ:
Awesome.

But holding 2034huh
To hold one year sef is hard for me o. I just always feel an opportunity may just show up, not to mention the currency risk.
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
Meanwhile to change the subject from exchange rates and FPIs, the coupon payments for FGN bond 2026 & 2034 were paid/received on time wink Happy Days wink
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 11:52am On Jul 17, 2024
24 July, 2024
adetunrayo:
Hi Investors,

Please confirm the next Treasury bill auction date
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 8:55pm On Jul 04, 2024
😂😂😂😂😂😂 grin grin grin grin
awesomeJ:
Llama 3 is hallucinating.

Invest 2m to get 7mhuh
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 5:01am On Jun 21, 2024
[quote author=awesomeJ post=130581400][/quote]
One gram of gold was doing around 20k 4 years ago, today, it's around 100k. Some people are probably eyeing to sell their wedding rings sef 😁😁

But not all foreign currencies are worthwhile o. Don't go and buy Zig or CFA o, that's not why we came to Lagos 😁😁, that's not why we followed night bus.
grin grin grin grin grin grin
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 7:20am On Apr 11, 2024
grin grin grin
Tranquility2345:
Please no vex o. But did you pass maths for WAEC? I’m only asking because this calculation is very basic.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:15am On Apr 07, 2024
grin grin grin
civilserva:
When you read some comments here, you will realize some people are products of ogogoro tainted sperm.

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 4:51am On Apr 03, 2024
I am pretty confident the auction will hold/take place on 10 April wink
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
2036 FGN bond coupon payment received yesterday. wink
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:27am On Mar 10, 2024
1 trillion wink
nellybadas:
pls anyone with good knowledge?
what is the maximum amount of tbills a single individual can buy at once?
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 6:18am On Mar 05, 2024
Verified. Auction on Wednesday. Settles on Thursday wink
gare2510:
Is this schedule verified, 7th March 2024 is a Thursday; do they issue TB on Thursdays now?
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 8:49am On Mar 02, 2024
Yes ooooo grin grin I don talk diversification tire wink
Tranquility2345:
You no send all these USD arguments. Your own na just to drop TB calendar and rates and waka grin
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 5:50am On Mar 02, 2024
The 2nd Quarter NTB calendar is below wink

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 8:22pm On Feb 23, 2024
The true yield is simply the discount rate applied to the actual amount invested. An example is below:

If you purchase N10m of one year TBills at a discount rate of 18%, the amount invested/debited from your account will be cN8.2m because you get N10m at maturity. Then your true yield is N1.8m interest divided by N8.2m which is 21.95%. Your true yield is therefore your actual return on your investment being cN8.2m

Hope you find the above explanation and example helpful wink

gare2510:
Pls. can someone help explain how the true yeild is calculated
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:22am On Feb 09, 2024
grin grin grin wink
Hamachi:
is this an insider information or just beer parlor speculation
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
You are welcome wink
manwomanok:
@ everyone Thank you all for your responses, I have gain alot from all post last week.

one more thing, when is the last week fgn bond going to be reflect on my cscs. is it suppose to be immediately or specific period of time after successful bidding,
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:22pm On Feb 03, 2024
Fake News!

UPDATED: No plan to convert domiciliary account dollars to naira, vow CBN, Finance Ministry
BusinessDay

February 3, 2024

https://businessday.ng/news/article/no-plan-to-convert-domiciliary-account-dollars-to-naira-vows-cbn-finance-ministry/

RayRay06677:
Operation Rescue Naira: FG considers converting $30bn domiciliary deposits to naira
3rd February 2024
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:45pm On Feb 01, 2024
Not my bond. It is manwomanok's bond wink
Akerewe:
How far about ur bond? Not yet debited from stanbic. I don't know y

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