₦airaland Forum

Most probably not

I imagine not because bond prices change over time. Besides, you can reinvest the coupons yourself when received. Thus, the coupons simply gets paid into your account

Yes

Nakedman:
Yet to get mine. Stanbic bank

Nakedman:
Did you get payment yet,?

freeman67:
Standard Chartered Bank Mobile App.

feelamong:
Outside the banks and one of my old stubborn rich uncle..who still buys Tbills at this rate

feelamong:
I thot there was an Auction yesterday 14th of June 2023?

cutedharmee:
Happy Sunday Sir's/Ma's
Pls when is the next TB auction

Foodempire:
With the current price of fuel, rates should go up to at least 17%. How can we cushion the effect of subsidy removal with the meagre interest we receive on investments? I bought 5k worth of fuel today and kept checking my dashboard to see the gauge, eventually I switched off the AC, I say to my self I need to work harder so as to earn more, it's well.

Edicoco:
Experts in the house, I need an explanation to how this fuel price hike will affect the economy. Obviously there will be inflation, but what is the implication on the economy.

IYGEAL:
Yea, that's what I was seeing online too.
I no come too understand am

IYGEAL:
Good evening fellow investors,

Please I would like to be taught, like a high school student, what these figures, percentages and names mean in practical terms.

Maybe I have been misinterpreting them. I have read the literal meanings online but I want practical examples as regards our local market. For instance, there is a huge disparity in figures between the 2024 and 2025 bonds here in terms of ASK PRICE and YIELD TO MATURITY.

Apitch:
Moratorium simply means a period of grace before payment(interest or repayment) begins.
in this case, if I'm not getting it wrong, you would not receive any payment after 2 years of investment before the interest starts coming in and then the bulk capital(principal) at the end of the tenure(10yrs)

ahiboilandgas:
you just don't send in bids for biding sake you have to be strategic and know when to strike to get the good rates !you have to study the markets as you study price movement in oil and gas ! Over 800bn was place as bids this already 800 percent over subcribtion rate must fall! so where did this 800 bn come from ( first question) suddenly from the last bids that was around 140bn ( 102 percent) ! any time you hear FAAC has shared money to 3 teirs of govt and there is a treasury bills auction same time rate must fall cos the systems is filled with this new inflow and make banks and pension firm and other to bid ( salaries are paid ( pension firms get inflow from it, HMO also get, insurance firms, govt supply and contractors) also when a large bond or CP is maturing into the system ,or when Govt pay contractors. This hits the systems and this new money must find new investments Windows short and long term .always bids in the middle of the month where there no Faac inflows you will get better rates of you bank don't play abracadabra. You can also buy in secondary markets where you see the available rate .good luck but you have into increase the luck by been strategic .

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