NewStats: 3,263,502 , 8,180,363 topics. Date: Friday, 06 June 2025 at 09:53 AM 1f6k4c

kwallet:

I haven't been debited by stanbic, could this means the bid didn't went through.

As long as Stanbic debited me, I believe their bid being the same bankwide must have gone through.
I suggest you be patient or visit your branch for further clarification on Monday.
Cheers.

Please house, when is the next auction date for TB

PhilJames:
Good Morning guys

Please help, am confused here. I feel I was cheated.

I went to GTB and requested to invest 200k in TB for 91 days and I was debited 193,318. Please at what rate was the transaction?

Thanks

Your 200k would have been more profitable to you in a Money Market Fund

xcitedjay:


Your 200k would have been more profitable to you in a Money Market Fund

pls how do u mean sir??

feelamong:


I do Ripple, Litecoin, NEM, Ethereum, Dash and Stellar...

Infact any one that is hot!

PLEASE ONCE AGAIN LETS NOT DERAIL THIS THREAD...

lets discuss Cryptos on the thread below..

https://nairaland.unblockandhide.com/3657807/bitcoins-all-bitcoins-investment-bitcoin

You get ripple to sell?

almost 10k in fees , custodian fee, commission fee and co from first bank. I no dey understand how these guys take dey calculate these charges again

Who else has calculated his fees and didn't tally with what the bank deducted?

OakPearl:

As long as Stanbic debited me, I believe their bid being the same bankwide must have gone through.
I suggest you be patient or visit your branch for further clarification on Monday.
Cheers.

I got did debited today. Thanks.

pls is firstbank currently offering TB for secondary market?

Keep up

johnhack:
pls is firstbank currently offering TB for secondary market?

Yes.

.

does fidelity bank sell TB?

obaataaokpaewu:
does fidelity bank sell TB?

Yes

obaataaokpaewu:
does fidelity bank sell TB?

Yes they do. I enquired from their branch at Iyana Ipaja Lagos and they told me i should have minimum of 1Million for it.

baloba:

You get ripple to sell?

how much is ripple today?

bouncino:

Yes.

but went to firstbank today.. they said no..pls where do you do urs

This secondary market is too good...was given 18% for 22 days.I pray no hidden charges attached

johnhack:

This secondary market is too good...was given 18% for 22 days.I pray no hidden charges attached

Which bank please?

johnhack:

This secondary market is too good...was given 18% for 22 days.I pray no hidden charges attached

Hope peeps ain't looking at this thing from one end only (the rate offered)?

What about the tenor? By my lil understanding, one may need a very large fund maybe like 3m to get an interest of 31k considering 18% @ 22days. Comparing interest to principal is like David and golliath.

Primary market, longer tenure makes your pocket wet you know
Maybe I might just be wrong though.

deepwater:


Hope peeps ain't looking at this thing from one end only (the rate offered)?

What about the tenor? By my lil understanding, one may need a very large fund maybe like 3m to get an interest of 31k considering 18% @ 22days. Comparing interest to principal is like David and golliath.

Primary market, longer tenure makes your pocket wet you know
Maybe I might just be wrong though.

You are right. People shud consider longer tenor.

S.I= PRT/100.

18% of 1,000,000 for 22days will give you 10,849 while

18% of 1,000,000 for 364days will give you 180,000.

Please always bid for a higher rate and longer tenor for higher benefit. My little Kobo.

Zeiya:




Yes they do. I enquired from their branch at Iyana Ipaja Lagos and they told me i should have minimum of 1Million for it.

lol.... no be only 1 million, na 30 billion for the akant. Just the logistics transferring money from one bank to the other. will go and confirm from their branch here, if they say the same, I will reactivate my first bank
Thanks for the info

Hello house, please i'm new on the issue of this treasury bills, i'm use to NSE.
Please what will be the interest on #500,000 investment for about 182days assuming it's with StanbicIBTC 17.5%.
Thank you

rayornb:
Hello house, please i'm new on the issue of this treasury bills, i'm use to NSE.
Please what will be the interest on #500,000 investment for about 182days assuming it's with StanbicIBTC 17.5%.
Thank you

ur interest would be N43,750.....before deductions. after deductions u would still have about 43k.

iyerenath:
pls how do u mean sir??

most mutual funds are paying 17% rates and they pay every 3months

so if you put 200k in an MMF it will pay at 17% rates after 91days not 13% as in primary market.

okochaik:
Please house, when is the next auction date for TB

Someone please respond

deepwater:

Someone please respond

it should be next Tuesday according to what a stanbicIbtc staff told me last week

Cation:
it should be next Tuesday according to what a stanbicIbtc staff told me last week

Merci Mon ami

RealityShot:

most mutual funds are paying 17% rates and they pay every 3months

so if you put 200k in an MMF it will pay at 17% rates after 91days not 13% as in primary market.

Wrong. MMF is also rated per annum

Someone talked to me about investment banking and said it offers 2.5% monthly. Please who can explain more on this and is it better than TB?

iyerenath:
pls how do u mean sir??

MMF rates are currently between 17% and 18%

Santino1:

Wrong. MMF is also rated per annum

lol.. The 13% in primary market is per annum thats 3.25% in 90days
the 17% in MMF is also per annum thats 4.25% in 90days..
see the difference now?

Happyfellow147:
Someone talked to me about investment banking and said it offers 2.5% monthly. Please who can explain more on this and is it better than TB?

please what did the person tell you about it? How is it done?