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.

FG Will Raise ₦62.4bn in Treasury Bills

The Federal Government plans to raise ₦62.43 billion ($315 million) in Treasury bills of 3-month and 6-month tenor on Aug. 20,...

Turnover in OTC Market Hits N9.76trn

Turnover in the OTC market for the month of June 2015 was N9.67trn, a decline of 17 per cent   or...

[ANALYSIS] Nigerian stocks struggle to rally as macro story deteriorates

Nigerian stocks are struggling to rally in the face of a deteriorating macro environment leaving investors with the prospects of two consecutive years of...

CBN Will Sell N50.4bn Treasury Bills

The Central Bank of Nigeria is planning to raise N50.4bn from the sale of new Treasury bills, data from the...

Expect N873 Billion Worth of Treasury Bills In Q3

Nigeria plans to borrow about 872.96 billion naira ($4.4 billion) in a new Treasury bills issue between June 18 to Sept. 3, the Central...

Is this why Public and Private Sector CRR was changed to 31%?

The hours leading to the reading of the 244th meeting of the Monetary Policy Committee (MPC) was filled with low expectations across the investor community, as...

Sample letter of application to purchase treasury bills

Going to a bank to apply for a treasury bills purchase can be a very difficult as sometimes. This can be quite frustrating especially...

Here is how much interest CBN paid for last week’s treasury bills

The CBN has confirmed it raised N183.64 billion  ($923 million) in Treasury bills at a lower yield when compared with the previous sale last month. It paid 10.5%,...

CBN raises N98 billion in t-bills

The Central Bank of Nigeria said, on Thursday, it raised N97.8 billion ($491 million) in Treasury bills at an auction on Wednesday that fetched...

CBN set to sell N97.8billion worth of Treasury Bills

Nigeria plans to raise 97.81 billion naira ($492 million) in Treasury bills at an auction on Wednesday, the central bank said on Tuesday. The...

CBN sells 1 year treasury bills @ 15.35%

Nigeria's treasury bill yields fell across the board at an auction on Wednesday, compared with a previous sale on March 4, the central bank...

Treasury Bills Calendar for April to June 2015

As we approach the end of a volatile First quarter for Treasury Bills, the time has come when the central bank issues a new...

DMO sells 1 year Treasury Bills at 15.89%

The Debt Management Office (DMO) confirmed Treasury bill yields rose across the board at an auction on Wednesday compared with a previous sale on...

Official: Latest Treasury Bills Auction Shows Drop in Yields

Nigeria sold 192.39 billion naira ($1 billion) worth of treasury bills with maturities of between three months and one year at lower yields compared...

CBN Sold One Year Treasury Bills Last Week At a True Yield of 19%!!!

The Central Bank on Wednesday sold N110.39b worth of  one year treasury bills at a rate of 15.99% delivering  a true yield of 19% The last time...

The CBN Plans Sale of N1.22 trillion Treasury Bills In The Next 12 Weeks...

 The Central Bank has announced plans to borrow about N1.22 trillion via sale of Treasury Bills in the First Quarter of 2014. The sale is...
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Fixed Deposits or Treasury Bills, Which Is Better?

I have received several emails and calls from my readers asking whether to buy treasury bills or fixed deposits. Whilst, both are very good...

Podcast – How To Invest In Nigerian Treasury Bills

This Podcast explains how to invest in Nigerian Treasury Bills in a practical manner. Don't hesitate to drop your comments and feedbacks. They are...

Amidst A Bearish Market, The CBN Just Slated Another Round of Treasury Bills Sale...

Reuters reports the Central Bank Nigeria plans to raise N96.26 billion ($587 million) in treasury bills with maturities ranging between three months and one...

Nigerian Treasury Bills Rates September 3, 2014

Here is the result for the Nigerian Treasury Bills auction as published by the CBN. Another Bid is scheduled on the 17th of September...

Treasury Bills Yield Drops Again and Is Now Looking Unattractive

Nigeria sold 182.85 billion naira ($1.13 billion) of treasury bills with maturities ranging between three months and one year, at yields lower than at...

CBN Will Auction N182 Billion Treasury Bills This Week

The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N182.85 billion. This would be done through a primary market auction....

CBN to issue N70.6bn Treasury bills On Wednesday

The Central Bank of Nigeria will on Wednesday issue N70.64bn worth of Treasury bills with maturities of three and six months. The CBN said it...

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...