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Treasury Bills In Nigeria - Investment (593) - Nairaland 2s2g69

Treasury Bills In Nigeria (5080416 Views)

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Viqtour(m): 12:10pm On Oct 18, 2018
Pls what are the rates for yesterday's auction?
unite4real: 12:31pm On Oct 18, 2018
LadyBeee:
I did 1.2m for 60 days and got interest of just 31k. Is something wrong? Or re there banks that can pay higher?

You are not supposed to get up to 31K. something is wrong somewhere? This is over 15% interest. check the Tenor if its not above 60days. you definitely wont get TB rate of over 15% for 60 days presently. At 15%, it is still less than 31k, and you call that Just?

The rate that will give you about 31K for 60days if you invested 1.2m must be around 15.7%. who will give that please, because as far as i know, happy times have not come yet.
unite4real: 12:43pm On Oct 18, 2018
Viqtour:
Pls what are the rates for yesterday's auction?

1 Share

ahiboilandgas: 1:21pm On Oct 18, 2018
[quote author=unite4real post=72197539][/quote]hmm it seems the are predicting rate to fall next year.....
Gavrelino123: 1:47pm On Oct 18, 2018
ahiboilandgas:
hmm it seems the are predicting rate to fall next year.....
Our reserves fell by 1 billion dollars within 13 days....
This depicts that rates will go up in the nearest lead-time.....!
I don't the predictions above,It's a reverse psychological analysis....!
ahiboilandgas: 1:56pm On Oct 18, 2018
Gavrelino123:

Our reserves fell by 1 billion dollars within 13 days....
This depicts that rates will go up in the nearest lead-time.....!
I don't the predictions above,It's a reverse psychological analysis....!
I tire oooh I have been holding out for January for 15 .....
Nnamz(m): 2:17pm On Oct 18, 2018
MssRose:
Please my people, Any information about this week's auction? Stanbic has not debited me. Who else invested with stanbic this week

I did with GTB. Still waiting. Hope their bid didn't fail.
Gavrelino123: 2:30pm On Oct 18, 2018
ahiboilandgas:
I tire oooh I have been holding out for January for 15 .....
Abi ooo....Once it gets to 15%.....i will lock at Federal Government savings bond then go and sleep....lol
Gavrelino123: 2:37pm On Oct 18, 2018
Nnamz:


I did with GTB. Still waiting. Hope their bid didn't fail.
What tenure did you do...?
I too,,I'm waiting for a debit notice too from GTBANK for 182 days primary market auctions..!
ahiboilandgas: 2:38pm On Oct 18, 2018
Gavrelino123:

Abi ooo....Once it gets to 15%.....i will lock at Federal Government savings bond then go and sleep....lol
investors don't sleep...u can use the coupons payment to buy treasury bills,or invest in draught resistant stock.....
Gavrelino123: 2:51pm On Oct 18, 2018
ahiboilandgas:
investors don't sleep...u can use the coupons payment to buy treasury bills,or invest in draught resistant stock.....
My brother.....That's it....I have been sliding my eyes @ the stock market lately...Coming in and out of stocks to maximise profit,i don't have any ideas of the timing.
Adegokenath(m): 2:52pm On Oct 18, 2018
LadyBeee:
I did 1.2m for 60 days and got interest of just 31k. Is something wrong? Or re there banks that can pay higher?
no it 91days @ 10.5% | 91/364*1.2m*10.5%=#31,500
Nnamz(m): 2:53pm On Oct 18, 2018
Gavrelino123:

What tenure did you do...?
I too,,I'm waiting for a debit notice too from GTBANK for 182 days primary market auctions..!

364 days

1 Like

bendo75(m): 3:52pm On Oct 18, 2018
Grupo:
Many people on this thread are so rude. The time and energy they use in typing insults and saying things like, "read previous pages" can be enough to answer a simple YES/NO question. Mtcheew.

I don’t blame PMB when he said ‘some Nigerian youths are lazy’. You are insulting folks for telling you to take time to study and be informed of what you are investing in. Now I see why MMM was very successful in Naija.

4 Likes 1 Share

ahiboilandgas: 3:57pm On Oct 18, 2018
Gavrelino123:

My brother.....That's it....I have been sliding my eyes @ the stock market lately...Coming in and out of stocks to maximise profit,i don't have any ideas of the timing.
test water using small sum example use 500 k to spread around 10 different company then trade....50 k each .....
Grupo(m): 3:59pm On Oct 18, 2018
bendo75:


I don’t blame PMB when he said ‘some Nigerian youths are lazy’. You are insulting folks for telling you to take time to study what you are investing in. Now I see why MMM was very successful in Naija.

Don't be so quick to speak.

Sometimes, simple questions like "will there be auction today?" is often met with answers like "read previous pages" Now, tell me, how does such a question suggest that the inquirer hasn't read about what they are investing in?
aremso(m): 4:02pm On Oct 18, 2018
ahiboilandgas:
test water using small sum example use 500 k to spread around 10 different company then trade....50 k each .....


Does he need to spread 500k in diff 10 Company? just pick 1 or 2 drought resistance stock and he will be glad he did.
bendo75(m): 4:16pm On Oct 18, 2018
Grupo:


Don't be so quick to speak.

Sometimes, simple questions like "will there be auction today?" is often met with answers like "read previous pages" Now, tell me, how does such a question suggest that the inquirer hasn't read about what they are investing in?

I am not against asking questions here but don’t be mad at folks when they tell you to read previous page(s). If I have been away on this thread for so long, I don’t start reading from the current page when am back but I return to the exact page I last visited. Peace brother.

4 Likes

ahiboilandgas: 4:27pm On Oct 18, 2018
aremso:



Does he need to spread 500k in diff 10 Company? just pick 1 or 2 drought resistance stock and he will be glad he did.
just an example ....best time to buy is toward the election ....then sell when fdi are back around 08/08/19.....if u know u know
Gavrelino123: 4:40pm On Oct 18, 2018
Nnamz:

364 days
Kindly update here once you get a debit notice...Thanks
Gavrelino123: 4:42pm On Oct 18, 2018
ahiboilandgas:
just an example ....best time to buy is toward the election ....then sell when fdi are back around 08/08/19.....if u know u know
Thanks bro....
Kindly, I will need your counsel when the timing is right.
Kindly keep me posted..
Gavrelino123: 4:44pm On Oct 18, 2018
aremso:



Does he need to spread 500k in diff 10 Company? just pick 1 or 2 drought resistance stock and he will be glad he did.
Thanks bro;
Kindly,Can you give me a list of companies that has a resistant Stocks..?
I'm clueless when it comes to stocks.
Thanks.
Nnamz(m): 4:55pm On Oct 18, 2018
Gavrelino123:

Kindly update here once you get a debit notice...Thanks

Sure boss.
Grupo(m): 5:09pm On Oct 18, 2018
Stanbic just debited me for 91 days. From my calculations, the rate should be around 10.9 or 11.something.
cmoney22222: 5:09pm On Oct 18, 2018
Dear xxxxxxxxxxx,

Thank you for your mail.

Please be informed that the next T-Bills Primary Market Auction(PMA) is scheduled to hold – 31st october, 2018.

Kindly See below the CBN stop rates at last T-bill PMA:

91d – 10.9600%
182d – 12.6900%
364d – 13.4490%

3 Likes

tolajay: 5:16pm On Oct 18, 2018
Primary bid was successful with FBN for 12.8% for 365 days.

Make I go hustle more change to invest.
Gavrelino123: 5:23pm On Oct 18, 2018
tolajay:
Primary bid was successful with FBN for 12.8% for 365 days.

Make I go hustle more change to invest.
Congratulations....GTBANK what is happening.?
No news yet for 182 days.?
ahiboilandgas: 6:25pm On Oct 18, 2018
Gavrelino123:

Thanks bro;
Kindly,Can you give me a list of companies that has a resistant Stocks..?
I'm clueless when it comes to stocks.
Thanks.
nestle..gt...zenith been wonderful....ashaka cement made people hammer but not draught resistant
Mfunkynation(m): 6:50pm On Oct 18, 2018
tolajay:
Primary bid was successful with FBN for 12.8% for 365 days.

Make I go hustle more change to invest.
12.8% for 364 days is not all that good... 13% will be better

2 Likes

freeman67: 7:25pm On Oct 18, 2018
91+91=182
182+182=364

1 Like

Nnamz(m): 7:29pm On Oct 18, 2018
Gavrelino123:

Kindly update here once you get a debit notice...Thanks

Osheyyyyy GTB don alert me oooo grin grin grin grin grin grin grin grin grin grin grin grin make I leave small for others to use shocked
Re: Treasury Bills In Nigeria by Nobody: 7:31pm On Oct 18, 2018
Adegokenath:
no it 91days @ 10.5% | 91/364*12m*10.5%=#31,500
thought 31k for 60 days is on the high side

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