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Treasury Bills In Nigeria - Investment (2220) - Nairaland 4y1c2r

Treasury Bills In Nigeria (5079844 Views)

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alezzy13: 12:01pm On Apr 05, 2024
awesomeJ:

If the holiday falls on Wednesday, the practice is to hold the auction on T+1 or T-1 (Tuesday or Thursday next week).

some people's bills are maturing next Thursday so they'll be rolling over the debt, selling to new subscribers ti redeem the naruring ones.

It's how it's been.

I see. Well I hope so. To be honest it's been a while invested in TBs (close to 4yrs now)
Itsrm(m): 12:16pm On Apr 05, 2024
I can now confirm that auction will hold as planned on Wednesday.
Omotolani513(f): 1:53pm On Apr 05, 2024
Hello Everyone, Please does anyone know the recent rate for Stanbic for both primary and secondary market. Below is for Providus:

Secondary Market:
65 days = 12%
156 days = 14%
338 days = 16%
352 days = 18%

1 Like

Omotolani513(f): 1:55pm On Apr 05, 2024
@DFPS Please do you mind sharing the rate you got with Stanbic. Thank you
Omotolani513(f): 1:57pm On Apr 05, 2024
DFPS:
Stanbic only debit me save keeping fee for last week auction.

Please do you mind sharing the rate you got with Stanbic?
DFPS: 3:33pm On Apr 05, 2024
Omotolani513:


Please do you mind sharing the rate you got with Stanbic?
20%

2 Likes

Omotolani513(f): 5:44pm On Apr 05, 2024
DFPS:
20%

Thank you. This is for secondary market for 365 days i guess
DigitalMallam: 7:37pm On Apr 05, 2024
Omotolani513:
@DFPS Please do you mind sharing the rate you got with Stanbic. Thank you
You can try too, there are couple of them out there still available with even better rate than TB.

1 Like

Mimiwems2(f): 12:35am On Apr 06, 2024
Owon:
The criminal company
African Alliance company PLC has refused to pay me and many others their insured money, months and years after maturity.
THEY HID UNDER THE CLOAK OF ISLAM, WITH THEIR FRAUDULENT TAKAFUL SAVINGS PLAN TO DEFRAUD PEOPLE.
I have written several emails to them without a single response.
I have been to their office at Ikoyi last month to warn them and that my return won't be good...

I HAVE WRITTEN SEVERAL COMPLAINTS AND REPORT TO THE USELESS NIACOM THAT'S SUPPOSED TO BE INSURANCE COMPANY POLICE TO PUT THEM TO CHECK, BUT THE USELESS NIACOM IS NOT EVEN RESPONDING.
I THINK AFRICAN ALLIANCE INSURANCE COULD HAVE BRIBED THEM...


Please I want suggestions from people who have had similar experiences with these evil and criminal insurance companies and how they were able to retrieve their money.

https://nairaland.macsoftware.info/8050757/how-get-money-criminal-african


Report them to FIJ Nigeria-google it
chukzyfcbb: 7:37am On Apr 06, 2024
Foodempire:


Thanks, funds have been returned to mmf as the waiting game already caused me a huge loss. I just don't like the back n forth of moving money. I also think that there should be a way fbnquest can bid for me without pulling out funds from my mmf portfolio to my saving first?, has anyone ever done this before? Like giving instructions to move funds from your mmf for treasury's bill primary auctions.
It's not possible.

Them sef wan make money nah
emmasoft(m): 8:10am On Apr 06, 2024
Foodempire:


Thanks, funds have been returned to mmf as the waiting game already caused me a huge loss. I just don't like the back n forth of moving money. I also think that there should be a way fbnquest can bid for me without pulling out funds from my mmf portfolio to my saving first?, has anyone ever done this before? Like giving instructions to move funds from your mmf for treasury's bill primary auctions.

Fbnquest or any fund manager can't do the bolded because in the actual sense your money is not with them rather it's with the custodian bank.
What goes on behind the scene for any money to leave the custodian bank is not as easy as you think. The SEC and the trustees are not smiling when it comes to investors fund.

3 Likes

VeeVeeMyLuv(m): 11:34am On Apr 06, 2024
We all should expect another pump soon, may not be this year but it will surely come and we will eventually see the naira trading above 2000

Reason because the economy hasn't improved in any way, security situation is still a mess, people are still very unproductive....

1 Like

ogawisdom(m): 11:39am On Apr 06, 2024
Nakedman:
FSDH CATCHING UP ALL THE TIME

How safe is our money with FSDH

Considering keeping some idle fund in the MMF

@17.4% in their money market ROI is good

1 Like

oluayebenz: 11:56am On Apr 06, 2024
VeeVeeMyLuv:
We all should expect another pump soon, may not be this year but it will surely come and we will eventually see the naira trading above 2000

Reason because the economy hasn't improved in any way, security situation is still a mess, people are still very unproductive....


Sit down there

2 Likes

Oshokhai69: 12:42pm On Apr 06, 2024
ogawisdom:


How save is our money with FSDH

Considering keeping some idle fund in the MMF

@17.4% their money market ROI is good

Kindly learn the difference between safe and save. Thanks!

1 Like

Oshokhai69: 12:43pm On Apr 06, 2024
VeeVeeMyLuv:
We all should expect another pump soon, may not be this year but it will surely come and we will eventually see the naira trading above 2000

Reason because the economy hasn't improved in any way, security situation is still a mess, people are still very unproductive....


Gbam!

1 Like

ogawisdom(m): 3:19pm On Apr 06, 2024
Oshokhai69:


Kindly learn the difference between safe and save. Thanks!

Lol it's a mistake, trust me I know the difference very well. Poor people and their rudeness, I hope that this has cured your poverty. Get lost already.

3 Likes

Oshokhai69: 6:28pm On Apr 06, 2024
ogawisdom:


Lol it's a mistake, trust me I know the difference very well. Poor people and their rudeness, I hope that this has cured your poverty. Get lost already.

What has poverty got to do with person wey dey try correct you and make you a better person? Nigerians are indeed very hopeless people.

1 Like

oluayebenz: 6:50pm On Apr 06, 2024
Oshokhai69:


What has poverty got to do with person wey dey try correct you and make you a better person? Nigerians are indeed very hopeless people.

And you think you get sense?

5 Likes

3ice9ce: 8:00pm On Apr 06, 2024
Oshokhai69:

What has poverty got to do with person wey dey try correct you and make you a better person? Nigerians are indeed very hopeless people.

Unfortunately, we don't all share your family misfortune neither are we responsible for your nuclear and extended hopelessness.
Kindly refrain from dragging the Nigerian public into your family misfortune.
Thank you.

4 Likes

Oshokhai69: 8:15pm On Apr 06, 2024
3ice9ce:


Unfortunately, we don't all share your family misfortune neither are we responsible for your nuclear and extended hopelessness.
Kindly refrain from dragging the Nigerian public into your family misfortune.
Thank you.

Unfortunately, I don’t share your family’s misfortune neither am I responsible for your nuclear and extended family’s hopelessness.
civilserva: 9:28pm On Apr 06, 2024
When you read some comments here, you will realize some people are products of ogogoro tainted sperm.

4 Likes 1 Share

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.

1 Share

Tohmey(m): 11:28am On Apr 07, 2024
Tranquility2345:


Ahib you no well I swear angry

No go commit murder suicide on top tribalism o. Ask your wife to hide all sharp objects away from you immediately…
🤣🤣🤣🤣🤣
Timmi: 6:33pm On Apr 07, 2024
VeeVeeMyLuv:
We all should expect another pump soon, may not be this year but it will surely come and we will eventually see the naira trading above 2000

Reason because the economy hasn't improved in any way, security situation is still a mess, people are still very unproductive....


Naira has weathered the storm, it will only be exchanged between 1,000 and 1,300 to a $

1 Like

ibechris(m): 6:33pm On Apr 07, 2024
ogawisdom:


Lol it's a mistake, trust me I know the difference very well. Poor people and their rudeness, I hope that this has cured your poverty. Get lost already.


U didn't act well.

How do u know if he is poor?

If u are angry that he corrected u,then why are we here, if not to learn.

6 Likes 1 Share

OGHENAOGIE(m): 7:13pm On Apr 07, 2024
Who knows the rate for UBA bank on TBills at secondary market and various duration 3 months, 6 Months, one year.. Or stanbic offers more and better interest...
Plus10(m): 6:08am On Apr 08, 2024
Itsrm:
I can now confirm that auction will hold as planned on Wednesday.
Please is it true?
RayRay06677(m): 7:52am On Apr 08, 2024
Nigeria will be great again

1 Like

Acidosis(m): 7:55am On Apr 08, 2024
Timmi:


Naira has weathered the storm, it will only be exchanged between 1,000 and 1,300 to a $

....at what expense? An aggressively productive economy or a depleted foreign reserve?



I love trend statistics and data too much sha. smiley

1 Like

Odunharry(m): 10:43am On Apr 08, 2024
Itsrm:
I can now confirm that auction will hold as planned on Wednesday.
I think it is thursday not wednesday

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