NewStats: 3,263,241 , 8,179,500 topics. Date: Thursday, 05 June 2025 at 08:06 AM 3u4a4f

tolajay:
Trading happens every two weeks (Wednesday), if I’m correct.

But you need to express your interest afore time with your preferred bank.

Thanks. Which bank has the best rate?

First Bank and Stanbic, if my market insight is still intact.

dake40:


Thanks. Which bank has the best rate?

I think people are rushing the secondary market now. Because rate seem to be coming down now.

I think there would be another primary auction tommorow.please correct me if I am wrong

igbizen:
I think people are rushing the secondary market now. Because rate seem to be coming down now.

Yes,there will be primary auction 29th but rate will be a bit appreciate more than previous auction

Ibtc secondary rates as at now......

43days......12.40%
351days....12.40%
204days....12.50%

Demdem:
Ibtc secondary rates as at now......

43days......12.40%
351days....12.40%
204days....12.50%

Thanks

CompareDBest:

91 days - 9.7%
182 days - 11.3%
364 days - 12%

TREASURY BILLS AUCTION 28/08/2019

91 days -11.10%

182 days -11.59%

364 days - 12.89%

feelamong:


TREASURY BILLS AUCTION 28/08/2019

91 days -11.10%

182 days -11.59%

364 days - 12.89%

Cool, I did 2 million for 91days In July with Zenith bank. How do I go about canceling my current Tbills? my intention is to use the funds to buy new Tbills at a better rate

feelamong:


TREASURY BILLS AUCTION 28/08/2019

91 days -11.10%

182 days -11.59%

364 days - 12.89%

I tot rates got to 13% last week......why is it going down. Anyways let me wait to see what the secondary market would offer.

Ugo04:





Cool, I did 2 million for 91days In July with Zenith bank. How do I go about canceling my current Tbills? my intention is to use the funds to buy new Tbills at a better rate

It’s better you wait instead cos there would be s charge back on it

Has anyone been debited for this weeks treasury Bill's. Did with GTB

Chikebrain:
Has anyone been debited for this weeks treasury Bill's. Did with GTB

Same here, have not been debited. Please is this general or peculiar to GTB

Thanks.

Debit will occur later today. It happens on Thursdays for the Primary Market

zamirikpo:


I tot rates got to 13% last week......why is it going down. Anyways let me wait to see what the secondary market would offer.

When do.you think secondary market will be out

opydan:


Same here, have not been debited. Please is this general or peculiar to GTB

Thanks.

neither do i

cooldudeng:
Debit will occur later today. It happens on Thursdays for the Primary Market

OK Bros

cooldudeng:
Debit will occur later today. It happens on Thursdays for the Primary Market

Thanks sir.

Horlartunes:


When do.you think secondary market will be out

It’s out everyday from 10am I believe!

zamirikpo:


I tot rates got to 13% last week......why is it going down. Anyways let me wait to see what the secondary market would offer.

Are you talking about the Primary auctions? Not sure it go to that level there..

secondary markets i know went for as much as 13.7% sometime last week

Anyone knows the secondary market rates for GTBank this morning?

Stanbic debit is in. Based on my computation 364 closed at 12.53%

Anyone knows first Bank rate. Bcoz my computation is giving 11.8%.

What tenor?

feelamong:


Are you talking about the Primary auctions? Not sure it go to that level there..

secondary markets i know went for as much as 13.7% sometime last week

Saw 13.3% from Stanbic at the secondary market last week but it was for a shorter tenor. Less than 180 days I think

GTB. Is in

Can someone explain to me the meaning of primary and secondary market and how it works cos i am seeing it here often but don't know the meaning pls ohh.

Chrisdollar3:
Can someone explain to me the meaning of primary and secondary market and how it works cos i am seeing it here often but don't know the meaning pls ohh.

Kindly take some time to read earlier pages of this thread you will get want you need. No time to waste time.

Zenith bank debit is in.

Chrisdollar3:
Can someone explain to me the meaning of primary and secondary market and how it works cos i am seeing it here often but don't know the meaning pls ohh.

Primary market refers to the Bi Monthly Auction by CBN/DMO. Here you submit your bids thru your banks for the amount, tenor and rate you intend to deal on..

Secondary markets refer to the buying and selling of the already purchased Tbills amongst the investors. Bank A can decide to sell down on the Tbills it purchased and as such will put it for sale thereafter. Unlike in stock markets where we have the stocks exchange for secondary transactions of stocks, the Tbills secondary market is basically an OTC where the major players (banks, Asset managers, INvestment Houses, PFAs all interact amongst themselves.. we the retail players just jump on the back of our banks to get into the deal and buy from them or sell to them

364

cooldudeng:
What tenor?