Home Investing Treasury Bills

Treasury Bills

This category contains information about Treasury Bills in Nigeria. Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government. They are by nature, the most liquid money market securities and are backed by the guarantee of the Federal Government.

Before now the retail investors in Nigeria who wanted to invest in risk free short-term dated interested yielding securities could only invest in treasury bills. However, earlier this year the Federal Government introduced the FGN Savings Bond as an alternative security to fixed income loving retail investors. But unlike treasury...
Nairametrics| I'm sure by now if you are a regular visitor to Nairametrics, you know we love treasury bills. We've had a special affection for it since 2013 and wish we had all the money in the world to buy it.   The thirst for more treasury bills has even shot...
The Central Bank has announced that it plans to sell Treasury Bills worth about N142.43 billion at an auction on Feb. 15. Breakdown of the sales are as follows; 91 days - N32.43 billion 182 days - N30 billion 364 days - N80 billion A total of N302.4 billion was raised...
The Central Bank Of Nigeria (CBN),on Wednesday said it will raise N329.93 billion in treasury bills with maturities between 3-month and 1-year at an auction on March 2. Last Month, the Banks Target was N92.39 billion ($967 million) in treasury bills with maturities between 3-month and 1-year at an auction...
Have you recently lost your job and got a payoff? Did you just decide to retire ahead of time in exchange for severance or a compensation package? Whatever you decide to do with this money you are paid can make or mar you in the next...
Unbeknownst to a lot of Nigerians who loathe the stock market, the Nigerian stock market is staging a massive rally this December that has seen the market gain for 9 straight days out of 10, the best since March 2016. This is happening at a time when popular ponzi...
Nigeria's total domestic debt topped about N10.6 trillion as at June 2016. Domestic debt according to the debt management office refers to debts borrowed by the Federal Government via Treasury Bills, FGN Bonds or Treasury Bonds. Our debt profile has risen from about N794 billion in 1999 to N10.6 trillion...
The Central Bank of Nigeria has loaned out about N923 billion to select sectors of the Nigerian economy through deposit money banks. According to data obtained from the website of the CBN, loans to commercial banks meant for on lending to select sectors have more than quadrupled in the...
The FMDQ OTC, the official market for bonds, treasury bills and forex trading has approved the suspension of the FMDQ Spot FX Closing Rate with immediate effect. The FMDQ in a press release signed by Jumoke Olaniyan, the Divisional Head Market Development & Regulation, explained the reason for the suspension...
  The National Bureau of Statistics has released its 2016 third quarter capital importation report revealing that the total value of capital imported into Nigeria in the third quarter of 2016 was estimated to be $1,822.12 million, which represents an increase of 74.84% relative to the second quarter, and a fall...
The Central Bank of Nigeria announced that it had sold about N99 billion in Treasury Bills last week at an interest rate of about 18.3 %pa for a one year treasury bill. The CBN has been selling Treasury Bills at interest rates above 18% for one year dated bills since...
The Central Bank of Nigeria sold N99.12 billion worth of Treasury Bills on Wednesday. Here is the breakdown of the TB's sold and the interest rates investors will get from buying the bills. 3 Months Treasury Bills Amount sold - N24.44 billion Interest rates - 14% (14% IPA) 6 Months Treasury Bills Amount sold -...
FBN Capital Asset Management Asset Losses 69% of Its Asset The Asset Under Management (AUM) of FBN Capital Asset Management has fallen dramatically over the last few months. Per data from the SEC, the AUM of the fund manager stood at N34.9 billion as at September 30th 2016. This represents...
Foreign currency revaluation gain has spurred Zenith Bank to recorded a double digit growth in profit thus beating analysts’ expectation. Analysts say Zenith Bank is better placed to attract investors due to its reputation for strong risk management, strong capital base and its ability to effectively utilize shareholders resources to...
Nigeria sold 81.47 billion naira ($267.55 million) in short-dated treasury bills at an auction on Wednesday, with mixed yields, data from the central bank showed on Thursday. The central bank had proposed to sell 138.16 billion naira worth of the debt in its initial announcement. A total of 20.92 billion...
These guys make a ton of cash from you while sleeping.
Nigeria plans to sell 138.16 billion naira ($454.47 million) in short-dated treasury bills at an auction next Wednesday, the central bank said on Tuesday. In a public notice, the bank said it would raise 36.78 billion naira in three-month papers, 35 billion naira in six-month bills and 66.38 billion naira...
Yields on Nigeria's short-dated treasury bills fell across the board at an auction on Wednesday, when the central bank sold bills worth 129.67 billion naira ($411.65 million). A total of 28 billion naira of 3-month paper was sold at 13.90 percent compared with 14 percent at the Sept....
LAGOS, Sept 30 (Reuters) - Nigeria plans to raise 129..67 billion naira ($403..01 million) in short-dated treasury bills at an auction next Wednesday, the central bank said on Friday.. Source: Nigeria to raise 129.6 bln naira in treasury bills next week
The Central Bank of Nigeria has released the following results of its recently concluded Treasury Bills offering.
A review of how Nigeria's top Pension funds performed.
Foreign investors show increased confidence by increasing volume of investment in the economy, thus increasing the external reserves of the country by $595 million in 5 days.
So for everyone who is wondering why we have “devalued” or “floated” but those foreign investors have refused to come...this provides another explanation
Should I be putting my money in a fixed deposit? This was a question put forward by a Nairametrics visitor last week. Apparently, he had been approached by his account officer who had seen idle funds running into millions lying in his bank account. He had left the money in...
When you think of a custodian in layman’s terms, you think of someone who has responsibility for taking care of or protecting something. In the financial industry, this definition isn’t far from what companies who are into the business of custodianship do. Custodianship is an arrangement whereby some financial institutions...