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Treasury Bill Interest Rate? General Info? - Business - Nairaland

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Treasury Bill Interest Rate? General Info? by FordandKings1: 4:15pm On Nov 11, 2016
Hello,
I am interested in Treasury Bills. Would anyone with knowledge on this issue be as kind enough as to share anything out of the following ;


1. The interest rates
2. How to go about it ; can you get it through banks?
3. Is it possible you actually lose your money i.e the government doesn't pay it back for whatever reason? Basically,how secure of an investment is it?
4. In your opinion, the pros and cons.

Thank you very much in advance !
Re: Treasury Bill Interest Rate? General Info? by icon007(m): 5:47pm On Nov 11, 2016
1) the interest varies par time, its not static, it's given by government.

2)yeah,majorly through banks

3) it 'a must pay back debt' except the government collapse

4) better than term/fixed/time deposit. Can't think of 1 cons except you match it against MMM which pays better in a short time.

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