NewStats: 3,264,903 , 8,185,054 topics. Date: Thursday, 12 June 2025 at 06:39 PM 6jm1c

Yem0350:
With the current rate of tbills
I expect all mmf to give over 12% next wk

Pls, what's the current rate of T-Bills?
I thought it's still till Oct. before the auction?

hardeydhoying:

Pls, what's the current rate of T-Bills?
I thought it's still till Oct. before the auction?

Recent deal I got from stanbic

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


91d – 11.0000%

182d – 12.3000%

364d – 13.5000%

mikeopara:

Recent deal I got from stanbic

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


91d – 11.0000%

182d – 12.3000%

364d – 13.5000%

Lies .
Stop rate for 364 days is not 13.50

hardeydhoying:

Pls, what's the current rate of T-Bills?
I thought it's still till Oct. before the auction?

https://nairaland.unblockandhide.com/878880/treasury-bills-nigeria/575#71370721

mikeopara:
Hello guys, I have learnt a lot here but I'd like to find out. I have about 6M+ in my mutual fund. Do you think I'm doing the right thing. I get a daily interest of about 1800 daily. Or I should drift to TB?

You may take some percentage to tbills. If you are in urgent need of cash, mmf is always there for you.

Yem0350:

You may take some percentage to tbills. If you are in urgent need of cash, mmf is always there for you.

Exactly.
That’s the only reasonable difference. Liquidity !

Olohunjedalo:

Lies .
Stop rate for 364 days is not 13.50

Hello Young fellow.

I think you should mind your language

If you have a contrary deal then post it.

Don't come here calling me a liar.

Your rates are dependent on the deal you given.

So dude got 12.3% for 148days Secondary market from stanbic.

What then justifies, my calling him a liar if I'm not in accordance with his post.

Please be guided accordingly.

mikeopara:


Hello Young fellow.

I think you should mind your language

If you have a contrary deal then post it.

Don't come here calling me a liar.

Your rates are dependent on the deal you given.

So dude got 12.3% for 148days Secondary market from stanbic.

What then justifies, my calling him a liar if I'm not in accordance with his post.

Please be guided accordingly.

Hello old fellow .
Sorry about that . But please be informed the stop rate for 364 days is 13.4750 and not 13.5000 that you posted. Thanks

mikeopara:
Hello guys, I have learnt a lot here but I'd like to find out. I have about 6M+ in my mutual fund. Do you think I'm doing the right thing. I get a daily interest of about 1800 daily. Or I should drift to TB?

I don't know your aim/plan for investment and how much time you have. At least the money being in MMF is better than just in ordinary saving . However if you intend to save the money upto 1yr it would better to to put I TB reinvest the interest in TB too the use the n put the interest of the interest in MMF.

mikeopara:

Recent deal I got from stanbic

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


91d – 11.0000%

182d – 12.3000%

364d – 13.5000%

Thanks
I'm currently weighing my options. I've not yet decided if I should invest in T-Bills or MMF.
I was at Stanbic IBTC yesterday to open an .

https://nairaland.unblockandhide.com/878880/treasury-bills-nigeria/575#71370721

Thanks

If I don't need the principal for like 6 months, is it advisable to invest in T-Bills or MMF with their current rate respectively?

I will advice you don't put all into tbills. You might need cash unexpectedly

Yem0350:
I will advice you don't put all into tbills. You might need cash unexpectedly

Okay, thanks so much. 

I'll still like to hear other people's view.

hardeydhoying:

Okay, thanks so much. 

I'll still like to hear other people's view. 

If i may advise though am not into T-bills at the moment but it is simple arithmetic

MMF interest goes from 10.6 - 12.12% per annual so if you must invest in T-bills they must be ready to offer above this else it is not worth the wait. My opinion

Yem0350:
I will advice you don't put all into tbills. You might need cash unexpectedly

Correct me if am wrong

I think the way T-bills work is that you get your interest upfront.
Assuming you get a deal at 13% for 364days and you are investing N1,000,000
13% interest is N130,000 which is paid to you as soon as the deal is completed
You can then invest the N130,000 into MMF and can also add monthly funds to it to further increase your stake.

My Opinion

ajeleomo:


Correct me if am wrong

I think the way T-bills work is that you get your interest upfront.
Assuming you get a deal at 13% for 364days and you are investing N1,000,000
13% interest is N130,000 which is paid to you as soon as the deal is completed
You can then invest the N130,000 into MMF and can also add monthly funds to it to further increase your stake.

My Opinion

Yes. Very correct. What happen if you are in urgent need of 500k?
The most important thing to be noted before going into tbills is that you won't need full or part of the money before expiration of the tenure. When it is needed, the benefit of MMF comes in. That is the only clause. Apart from this, tbills is better considering investing the upfront interest in MMF

Yem0350:

Yes. Very correct. What happen if you are in urgent need of 500k?
The most important thing to be noted before going into tbills is that you won't need full or part of the money before expiration of the tenure. When it is needed, the benefit of MMF comes in. That is the only clause. Apart from this, tbills is better considering investing the upfront interest in MMF

Yes, this was earlier explained, that liquidity is a major concern depending on the person involved.
If the decision is to leave the cash in an investment for the tenor without any withdrawal then TBILLS is for you
If you might be in need of cash at any point during the investment period and will require you to withdraw cash then MMF is for you

Can I someone give where to tbills at competitive rates?

Also, what's the minimum investment required? Thanks

KayPapi:
Can I someone give where to tbills at competitive rates?

Also, what's the minimum investment required? Thanks

Check the tbills section for details

Yem0350:

Yes. Very correct. What happen if you are in urgent need of 500k?
The most important thing to be noted before going into tbills is that you won't need full or part of the money before expiration of the tenure. When it is needed, the benefit of MMF comes in. That is the only clause. Apart from this, tbills is better considering investing the upfront interest in MMF

This is not entirely correct. You can withdraw from Tbills before maturity, but you will lose part of your Capital depending in the rate at that moment.

naijaobi:

This is not entirely correct. You can withdraw from Tbills before maturity, but you will lose part of your Capital depending in the rate at that moment.

Yes. I know you can withdraw from tbills but it will definitely affect your interest rate (in total) bcoz you will sell at discount. For MMF, nothing like that. That was the point i was trying to make.

Yem0350:

Yes. I know you can withdraw from tbills but it will definitely affect your interest rate (in total) bcoz you will sell at discount. For MMF, nothing like that. That was the point i was trying to make.

Yes..correct

Stanbic mmf, closed at 11.17 as at yesterday

Hello gurus,
I'm about to the MMF train. Which platform is the best in of profit and period of compounding? Thank you.

Hello everyone. I'm new in the mutual fund investments and I'm considering crafting a MMF with stanbic ibtc bank. Please I need someone to advise me how to go about it and how do I calculate my accumulated interest if I invest a particular sum of money. Though I wanted to invest with ARM but I feel that stanbic ibtc should be a better option. I need advise guys

Kindly go through previous pages. All answers have been provided.

ajeleomo:


With this that puts FBNQuest on top while IONE is yet to be verified..... Someone with Abacus MMF should update us

Fbn Quest - 12.11%
AXA = 11.99%
ARM =11.66%
Stanbic - 11.24%

With this, FBN Quest tops the chart. Well done bosses.

hardeydhoying:

Is Capital guaranteed for Treasury Bills?

100% guaranteed...so far Nigeria as a country still exist

Good Morning ladies and gentlemen.

Trust we had a great weekend?

Just my little advice (again) on MMF and TB investment and please let all the newbie did a little read up form previous pages the answers you needed are already here....but me I love to answer same question anytime sha...it keeps this thread alive

1. TB investment is straight forward if you know you wont have a need for cash urgently, go for minimum of 182 days

2. Invest in 1st tier banks: my picks are FBN, STANBIC and GTB (I use STANBIC & GTB)...they usually have good rates...please when you hear ZENITH ruuuunnnn!!! (except they are better now sha, i divorced Zenith TB long time ago)

3. Use the interest you get in TB above to invest MMF: actually i dont really have picks in MMF but my current MMF funds manager are STANBIC, IONE and AXA

3. Currently I'm saving between 30% to 60% of my monthly salary. Once I have up to withdraw-able 100K in my MMF, I withdraw and invest in TB and interest again in MMF.

4. Currently I have only 2 month that I don't have a matured TB investment, other remaining 10 month, alert must drop ni and I reinvest ASAP.

The key is to know what your investment plans are.

I'm open to any questions, feel free to ask there are gurus in the house to answer you

NB: I am not a staff of any banks or financial institutions.

May God Almighty bless our hustle and grant us all our financial goals.

dotcomnamename:




Are you now saying Mutual Funds is risk or Capital is not not guarantee?

As you already know, Mutual Funds Capital is guarantee 100% so far they invest in Money markets (TB etc)

irookie:


100% guaranteed...so far Nigeria as a country still exist

Thanks

I've picked up the form for both T-Bills and MMF.