NewStats: 3,264,948 , 8,185,183 topics. Date: Thursday, 12 June 2025 at 10:24 PM 3z3a4h

Pls what are the rates for yesterday's auction?

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.

Viqtour:
Pls what are the rates for yesterday's auction?

[quote author=unite4real post=72197539][/quote]hmm it seems the are predicting rate to fall next year.....

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....!

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 .....

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.

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

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..!

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.....

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.

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

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

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.

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 .....

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?

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.

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.

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

Nnamz:

364 days

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

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..

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.

Gavrelino123:

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

Sure boss.

Stanbic just debited me for 91 days. From my calculations, the rate should be around 10.9 or 11.something.

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%

Primary bid was successful with FBN for 12.8% for 365 days.

Make I go hustle more change to invest.

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.?

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

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

91+91=182
182+182=364

Gavrelino123:

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

Osheyyyyy GTB don alert me oooo make I leave small for others to use

Adegokenath:
no it 91days @ 10.5% | 91/364*12m*10.5%=#31,500

thought 31k for 60 days is on the high side