₦airaland Forum

manwomanok:
Bosses in the house doesn't look at my side this time. I am newbie on Bond investment, don't want to call my broker and ague blindly the reason I brough this for an insight

the gist was I asked my broker to buy me Bond worth of 20m , got a reply that they have only 18m worth, I gave the go ahead

with what I have been learning here It look something is not right, may be an error or something.  my reason of coming to my Bosses to shed more light.

Bakosokoto:
Could you please assist with the best pick (ROI) from below quotes

manwomanok:
Good, That exactly layman explanation I wanted. Thank you sir

it mean if I buy tomorrow I will pay accrued interest of Nov. and Dec, plus broker's charges? also can you say something about the Bid price 94.98 and Bid yield 21.18.

Thank you once more

Risingcash94:
Is this commercial paper interest paid upfront as well?

ernie4life:
Why are we discussing bonds in a treasury bills thread?

Treasury bills is at an all time high with Yields of 29.8%.

manwomanok:
please House, when is the next FGN BOND date

Thank you

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

teejay5:
Good evening,house,pls when is the next bidding?

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.

ojesymsym:
Make una non vex, which one be NSE30 again?

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

tabithababy:
Please when is the next primary auction date?? Please o

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.

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.

Nakedman:
With rate spinning around 21% how do you feel about these bonds as you must have gotten then around 11-13%

awesomeJ:
Awesome.

But holding 2034
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.

adetunrayo:
Hi Investors,

Please confirm the next Treasury bill auction date

awesomeJ:
Llama 3 is hallucinating.

Invest 2m to get 7m

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.

Tranquility2345:
Please no vex o. But did you pass maths for WAEC? I’m only asking because this calculation is very basic.

civilserva:
When you read some comments here, you will realize some people are products of ogogoro tainted sperm.

nellybadas:
pls anyone with good knowledge?
what is the maximum amount of tbills a single individual can buy at once?

gare2510:
Is this schedule verified, 7th March 2024 is a Thursday; do they issue TB on Thursdays now?

Tranquility2345:
You no send all these USD arguments. Your own na just to drop TB calendar and rates and waka

gare2510:
Pls. can someone help explain how the true yeild is calculated