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Treasury Bills In Nigeria - Investment (2311) - Nairaland 23942

Treasury Bills In Nigeria (5083919 Views)

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yekini007(m): 2:01pm On Jun 04
I need ur help on FBNQUEST have but is showing this error please what can I do ...?

enque(f): 2:34pm On Jun 04
When did you ?
Did you get a confirmation email from the cc team that your setup/onboarding has been completed?


yekini007:
I need ur help on FBNQUEST have but is showing this error please what can I do ...?
Jeoma2024: 6:55pm On Jun 04
enque:
When did you ?
Did you get a confirmation email from the cc team that your setup/onboarding has been completed?


the same issue I am having

I am tired already
Odunharry(m): 7:11pm On Jun 04
Biko any update on PMA result
yekini007(m): 7:50pm On Jun 04
enque:
When did you ?
Did you get a confirmation email from the cc team that your setup/onboarding has been completed?



Yes I got confirmation email
Odunharry(m): 11:05pm On Jun 04
Auction Result

1 Like

apeleone(f): 8:18am On Jun 05
Please was Stanbic ibtc bid yesterday successful?
Pierce008: 9:16am On Jun 05
yekini007:
I need ur help on FBNQUEST have but is showing this error please what can I do ...?

When you ed on the app without going through the customer care via email, this is usually what is displayed.

To full activate the , you can reach out to customer care via email.

Note: This process might take up to two weeks (Personal Experience)
tabithababy(f): 9:17am On Jun 05
lipsrsealed
Educationalserv: 11:04am On Jun 05
tabithababy:
Good morning everyone, please how many hours or days before I get credited after a year treasury bill
Credit on the day of Maturity
Example from 06/06 /2024 - 05/06/2025
Dawson126: 1:45pm On Jun 05
Educationalserv:
Credit on the day of Maturity
Example from 06/06 /2024 - 05/06/2025

Good afternoon sir. Please I would like to be put through this treasury bill and how to set my feet solid on it. Thank you. I will send you an email now
Chriswazo(m): 1:59pm On Jun 05
Hello

Anyone using Blunest Stanbic IBTC to invest in T.B?

Do they open a cscs as a or is CSCS not mandatory to invest in TB?
Educationalserv: 2:47pm On Jun 05
Dawson126:


Good afternoon sir. Please I would like to be put through this treasury bill and how to set my feet solid on it. Thank you. I will send you an email now
please everything is on this Forum read through

1 Like

Odunharry(m): 3:12pm On Jun 05
Chriswazo:
Hello

Anyone using Blunest Stanbic IBTC to invest in T.B?

Do they open a cscs as a or is CSCS not mandatory to invest in TB?
Cscs is not mandatory for tbills. Open an with them or reach out to your bank
Chriswazo(m): 3:36pm On Jun 05
Odunharry:

Cscs is not mandatory for tbills. Open an with them or reach out to your bank

Okay, i see,

Is necessary for Bonds.

I am trying to open the stuff with Stanbic online but then it keeps showing me something went wrong.

I ed them via email and they offered me an option of paper fill but that i will have to pay 1mil 1st to their position.

My question now is, if I credit them the 1 million and the is opened, can I withdraw my fund back and invest how much I want is the 1 mil the minimum operating balance? So I can't withdraw it
GMs: 4:08pm On Jun 05
Hi everyone, My officer has just sent me a message that my TB is successful, I have also had confirmation email from my bank, he has however re invested the interest. This was not the plan, nor was it stated in the request email I sent to the bank through him. I am upset as to why he has done that without consulting me or asking if I wanted the interest investment or paid to me. During one of our calls I mentioned to him that once successful I should be credited the interest as I need it to sort out something this week. Please has anyone ever experienced this, how were you able to resolve this please. This is my first time of doing TB
kristien4(m): 5:57pm On Jun 05
GMs:
Hi everyone, My officer has just sent me a message that my TB is successful, I have also had confirmation email from my bank, he has however re invested the interest. This was not the plan, nor was it stated in the request email I sent to the bank through him. I am upset as to why he has done that without consulting me or asking if I wanted the interest investment or paid to me. During one of our calls I mentioned to him that once successful I should be credited the interest as I need it to sort out something this week. Please has anyone ever experienced this, how were you able to resolve this please. This is my first time of doing TB
Which bank?
freeman67: 8:33pm On Jun 05
GMs:
Hi everyone, My officer has just sent me a message that my TB is successful, I have also had confirmation email from my bank, he has however re invested the interest. This was not the plan, nor was it stated in the request email I sent to the bank through him. I am upset as to why he has done that without consulting me or asking if I wanted the interest investment or paid to me. During one of our calls I mentioned to him that once successful I should be credited the interest as I need it to sort out something this week. Please has anyone ever experienced this, how were you able to resolve this please. This is my first time of doing TB


Sorry about that. Maybe he mistook do not invest the internet for invest instead.

If not your urgent need for the money, I would have said if the interest was invested at same bank rate with the principal and the interest tallies, you should just leave it to run.

I said the above because back then, my TB was once reinvest at maturity even when I asked them to drop it in my . I was furious with the First Bank branch. Then first (Their Customer Care HQ) was still very effective. I mailed them and got a call from them that I should go and meet the manager of the branch. When I got there, she tried to convince me to let it run and insisted I needed my money.

Long story short, it was later resolution at the prevailing market rate which was not upto the rate it was initially invested. Thus, I lost a few coins on and still had a tainted relationship because I was seen to be rigid in my stance.

1 Like

gentlerossy1: 10:15pm On Jun 05
Good evening all.
Please for a TB of 3,700,000 @18.5% for 364 days. The interest is also invested, how much should be expected at maturity?
gentlerossy1: 10:18pm On Jun 05
TB gurus, which is more profitable.
1. Investing capital and interest.
2. Getting the interest upfront and reinvesting separately.
Thank you
Odunharry(m): 10:37pm On Jun 05
Chriswazo:


Okay, i see,

Is necessary for Bonds.

I am trying to open the stuff with Stanbic online but then it keeps showing me something went wrong.

I ed them via email and they offered me an option of paper fill but that i will have to pay 1mil 1st to their position.

My question now is, if I credit them the 1 million and the is opened, can I withdraw my fund back and invest how much I want is the 1 mil the minimum operating balance? So I can't withdraw it
I don't use stanbic but opening is suppose to be free.
Afterwards, you can deposit amount you want to invest with them
Odunharry(m): 10:38pm On Jun 05
gentlerossy1:
TB gurus, which is more profitable.
1. Investing capital and interest.
2. Getting the interest upfront and reinvesting separately.
Thank you
Both are almost similar but I prefer the former. I just go for interest at maturity and whatever yield is what will apply on my principal amount.

1 Like

Odunharry(m): 10:42pm On Jun 05
gentlerossy1:
Good evening all.
Please for a TB of 3,700,000 @18.5% for 364 days. The interest is also invested, how much should be expected at maturity?
Principal of 3.7 should give 3,700,000*364*18.5/36500=682,624.66.

The interest will also depends on the rate it was booked if it's same rate, you can use above calculation and replace 3.7m with 682k. Also bear in mind there's 10%WHT on the interest amount.

But wait o, which company gave you 18.5% is it primary market?

2 Likes

Odunharry(m): 10:43pm On Jun 05
freeman67:



Sorry about that. Maybe he mistook do not invest the internet for invest instead.

If not your urgent need for the money, I would have said if the interest was invested at same bank rate with the principal and the interest tallies, you should just leave it to run.

I said the above because back then, my TB was once reinvest at maturity even when I asked them to drop it in my . I was furious with the First Bank branch. Then first (Their Customer Care HQ) was still very effective. I mailed them and got a call from them that I should go and meet the manager of the branch. When I got there, she tried to convince me to let it run and insisted I needed my money.

Long story short, it was later resolution at the prevailing market rate which was not upto the rate it was initially invested. Thus, I lost a few coins on and still had a tainted relationship because I was seen to be rigid in my stance.
With investment firm, I think It easier to just reverse and give you your interest as requested.

Sorry about that experience
gentlerossy1: 10:59pm On Jun 05
First Bank ooo. It's primary market. Too poor. Even the secondary market I did with Dem I got 18.7
Odunharry:

Principal of 3.7 should give 3,700,000*364*18.5/36500=682,624.66.

The interest will also depends on the rate it was booked if it's same rate, you can use above calculation and replace 3.7m with 682k. Also bear in mind there's 10%WHT on the interest amount.

But wait o, which company gave you 18.5% is it primary market?
Odunharry(m): 11:13pm On Jun 05
gentlerossy1:
First Bank ooo. It's primary market. Too poor. Even the secondary market I did with Dem I got 18.7
Not close to stop rate of yesterday's auction
Damolux01(m): 12:15am On Jun 06
gentlerossy1:
First Bank ooo. It's primary market. Too poor. Even the secondary market I did with Dem I got 18.7
Very poor. We are in thesame shoes.
Jeoma2024: 12:40pm On Jun 06
yekini007:
I need ur help on FBNQUEST have but is showing this error please what can I do ...?
I just noticed a form was sent to me via email

You need to complete the sign up manually

You print out the form, fill it then sent to their email

I will be doing mine next week if I am chanced

Check your email
Jeoma2024: 12:53pm On Jun 06
Damolux01:
Very poor. We are in thesame shoes.
wow, the same first bank give me 18% yesterday

It seems rate differ from branch to branch
kristien4(m): 2:55pm On Jun 06
Anyone bid with stanbic?? Was it successful??
yekini007(m): 10:05pm On Jun 06
Jeoma2024:
I just noticed a form was sent to me via email

You need to complete the sign up manually

You print out the form, fill it then sent to their email

I will be doing mine next week if I am chanced

Check your email


Thanks Bro .... I didn't receive any emails that attached form... Please can i have a copy of the form ...... Please 🙏

God Bless You 🙏
Damolux01(m): 11:25pm On Jun 06
Jeoma2024:
wow, the same first bank give me 18% yesterday

It seems rate differ from branch to branch
18% or 18.5%?

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