Official: Treasury Bills Calendar For 2017 (Q1-Q3)


Nairametrics| The Central Bank of Nigeria has released its 2017 first & second quarter Treasury Bills Issuance Calendar. See below;

3rd Quarter of 2017

Official Treasury Bills Calendar for the 3rd quarter of 2017

2nd Quarter of 2017

First Quarter of 2017

treasury-bills-calendar

Nigerians interested in investing in Treasury Bills can mark these dates as that is when the next auctions will be occurring. Remember to buy Treasury Bills via your commercial banks.

 

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What others say about : Official: Treasury Bills Calendar For 2017 (Q1-Q3)..


Abiola

Are you saying I can still buy treasury bills even if I do not have up to #50,001,000 through the banks with the new CBN policy?

Anonymous

Although I am waiting for the maturity to see what amount will be paid back to me. I invested 250k for a91day TBILL but got a credit alert of 435.47naira for upfront interest payment meanwhile the rate was at 13.50%as at Mar 17, 2017.

Anonymous

Are you sure you bought treasury bill? You may probably be running fixed deposit. Treasury bill has the following characteristic.
– Interest is paid upfront (don’t yield interest)
– Tender is between Monday to Wednesday, issue and payment on Thursdays 1:30pm
– Zero tax on interest
– Short time maturity
– Use as collateral.
If you fixed 250,000,000 at 9% for 91 tenor, your interest a day will be (N250,000* 9/100/365)
= 61.64, for 91 days is N5609.59 but will be paid monthly amounting to N467.47 with a withholding tax of 10%. Your net interest is N 420.72.

Anonymous

It is Treasury Bill . the alert you got is the balance on the roll over ( Principal +Interest) which is not up to N1000

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