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.

Scathing Opinion: The Treasury Bill Scam Continues to Flourish

In the wake of the 2008 banking crises, the Central Bank created over N4000bn fresh Naira supply, inspite of the attendant inflationary threat, to...

Treasury Bills Sale Is Set For Wednesday Next Week (August 6th)

Nigeria plans to raise N195.17 billion in short-dated treasury bills at an auction next Wednesday, the central bank said on Friday. The bank said it...

B-O-O-M==> Ghana Treasury Bills Yield Rise To 25% Today

Is this a buying opportunity or is it an economy on the brink? Reuters reports, the Bank of Ghana said the yield on its...

Treasury Bills Yield Drops Again This Week….blame the banks

  (Reuters) - Nigeria sold 134.9 billion naira ($833 million) in treasury bills of three-month, six-month and one-year maturities, with three-fifths fetching lower yields than...

CBN Is Selling T-bills on July 23, Are You Buying?

Reuters reports the Central Bank is planning to raise N134b in treasury bills next week. Last week's sale saw yields drop to as low...

What Is Going On? Just Like Treasury Bills, FGN Bond Yields Drop On Back...

The risk free side of the money market has been experiencing a drop in yield lately. Last week Treasury Bills yield dropped back to...

No Jokes, Ghana Sold Treasury Bills At 24% Last Week (CBN Sold At 9%)

The Central Bank of Nigeria sold treasury bills last week for between 9% - 10% last week. The Bank of Ghana also sold Treasury...

Is Nigerian Treasury Bills Rate Getting Unattractive? Yields Fell Flat After This Week’s 70...

Reuters reports Nigeria sold 70.56 billion naira ($434.78 million) at a sale of three-month and six-month treasury bills on Wednesday, with yields broadly unchanged...

Gold Rush: Investors Rush To 1 Year Treasury Bills Sending Yields Higher

Reuters: Nigeria sold 137.85 billion naira ($843.12 million) of treasury bills ranging from 3-month to one-year maturities with the six month and 1-year paper...

Is The Party Over? Treasury Bills Yield Are Dropping….

Demand for Nigerian short-term debt surged at an auction on Wednesday, driving yields down 1.43 percentage points on average across maturities, as subscription rose...

A-L-E-R-T: Treasury bill Yields Just Fell To a 14-month low

The Federal Government’s domestic borrowing costs dropped to the lowest level since March 2013 as a strengthening naira eased pressure on inflation and bolstered...

Official: Fom 1/5/14, Buying Treasury Bills & Bonds Will Cost You A Fee...

Starting from May 1 2014 all buyers of the CBN Treasury Bills so via a CBN approved custodian. This follows a circular issued by...

I-N-V-E-S-T: May 19th 182 Days Treasury Bills Auction Post Average True Yield of 14.1%…

The CBN auctioned N166.6billion worth of treasury bills today in 91days, 182days and 364 days tenor respectively . The auction as usual involved failed...

This Is Your Official Treasury Bills Calendar For Second Quarter 2014

  The Central Bank has released its official Treasury Bills program for the second quarter of the year 2014. The calendar includes treasury bill sales the...

S-A-N-U-S-I : Foreign Investors Shun Latest Treasury Bills Auction

Foreigners stayed away from the Federal Government’s latest Treasury bill auction, the first since the suspension of the Governor, Central Bank of Nigeria, Mr....

AMCON Declares N823billion Loss (2011: N2.3trillion)

The Nation reports; The Asset Management Corporation of Nigeria (AMCON) has declared a loss of N822.9 billion for the year ended December 2012 (2011: N2.3tr). AMCON’s...

Sanusi: Why CBN Stopped Payment Of Electronic Money Transfers In Dollars

The CBN Governor Sanusi Lamido Sanusi was Washington DC speaking to a cross section of Nigerians reporters during the just concluded IMF/World Bank meeting....

Treasury Bills Results For 9/10/2013

The CBN has published results of its last Treasury Bills auction which took place on the 9th of September 2013. If you put in...

Next Treasury Bills Auction Set for 9/10/13 are you investing?

The next treasury bills auction is up for the 9th of October 2013. Rates have been falling lately following the increase in the banks...

Treasury Bills Auction For September 19 2013 – Results

Government Securities - OMO(NTB)   Auction Date 9/19/2013 Security Type NTB Tenor 91 Auction No 19/09/2013-91 Auction OMO Maturity Date 12/19/2013 Total Subscription 28394.32 Total Successful 20278.04 Range Bid 10.0000 - 17.0189 Successful Bid Rates 10.0000 - 11.0000 Description Issue Rate 11 True Yield 11.3102 Amtoffered 20278.04 Auction Date 9/19/2013 Security Type NTB Tenor 182 Auction No 19/09/2013-182 Auction OMO Maturity Date 3/20/2014 Total Subscription 90616.38 Total Successful 33266.32 Range...

Treasury Bills Auction For September 18 2013

  The Federal Government of Nigeria (FGN) Treasury Bills (TB) Primary Auction is scheduled to hold on the 18th Sept, 2013. The sum of N53.55bn...

Fixed Deposits Vs Treasury Bills? What Provides Better Return On Your Money?

  I was recently approached by my Account Officer asking that I get some of my contacts to place some money in a fixed deposits....

How To Compute Capital Gains Tax In Nigeria – Beginners Guide

  What is Capital Gains Tax and How do I compute it? Capital Gains Tax is a tax on the profit obtained from a disposal or...

NIGERIAN TREASURY BILLS YIELD NOW AT 16 MONTH LOW

The CBN announced that its one year Treasury Bill Yield fell to its lowest in about 16 months as off shore demand swarmed bids.?The...