So an Op created a thread on NL yestaday asking what he could invest in, and Sumbody on the forum suggested TREASURYBILL investmnt am goin to share som ideas based on my findings at Stanbic IBTC Bank today
more info i8s welcomed as am new and i hop to key it on it soon too
What are Treasury Bills?
Treasury Bills are government guaranteed debt instruments issued by CBN on their behalf to finance expenditure. The CBN also uses treasury bills to control money supply in the economy
How are Treasury Bills Sold?
Treasury Bills are sold through a bi-weekly auction conducted by the CBN. Buyers are requested to quote bids following which the average minimum bid is selected.
Where can I buy Treasury Bills?
Treasury Bills can be bought through any official dealer. The easiest will be through your bank
What is the Minimum Amount I can Buy
You can buy for as low as N1,000 and in multiples of N1,000 thereafter. However, Banks typically accept minimum purchases of N100,000 or more
When is it usually sold?
Treasury Bills is sold every other Wednesday (bi-weekly) as announced by the CBN. The CBN announces issuances in their websites and in the pages of the Newspaper. You can also ask your bank account officer to notify you ahead of an issuance.
How Can I Buy Treasury Bills
To buy Treasury Bills you will have to approach your bank requesting for a form. You fill the form with your personal information also indicating the amount you want to buy as well has your bid rate.[b]So an Op created a thread on NL yestaday asking what he could invest in, and Sumbody on the forum suggested TREASURYBILL investmnt am goin to share som ideas based on my findings at Stanbic IBTC Bank today
more info i8s welcomed as am new and i hop to key it on it soon too
What are Treasury Bills?
Treasury Bills are government guaranteed debt instruments issued by CBN on their behalf to finance expenditure. The CBN also uses treasury bills to control money supply in the economy
How are Treasury Bills Sold?
Treasury Bills are sold through a bi-weekly auction conducted by the CBN. Buyers are requested to quote bids following which the average minimum bid is selected.
Where can I buy Treasury Bills?
Treasury Bills can be bought through any official dealer. The easiest will be through your bank
What is the Minimum Amount I can Buy
You can buy for as low as N1,000 and in multiples of N1,000 thereafter. However, Banks typically accept minimum purchases of N100,000 or more
When is it usually sold?
Treasury Bills is sold every other Wednesday (bi-weekly) as announced by the CBN. The CBN announces issuances in their websites and in the pages of the Newspaper. You can also ask your bank account officer to notify you ahead of an issuance.
How Can I Buy Treasury Bills
To buy Treasury Bills you will have to approach your bank requesting for a form. You fill the form with your personal information also indicating the amount you want to buy as well has your bid rate.[/b]So an Op created a thread on NL yestaday asking what he could invest in, and Sumbody on the forum suggested TREASURYBILL investmnt am goin to share som ideas based on my findings at Stanbic IBTC Bank today
more info i8s welcomed as am new and i hop to key it on it soon too
subsequent info comin

What are Treasury Bills?

Treasury Bills are government guaranteed debt instruments issued by CBN on their behalf to finance expenditure. The CBN also uses treasury bills to control money supply in the economy

How are Treasury Bills Sold?

Treasury Bills are sold through a bi-weekly auction conducted by the CBN. Buyers are requested to quote bids following which the average minimum bid is selected.

Where can I buy Treasury Bills?

Treasury Bills can be bought through any official dealer. The easiest will be through your bank
What is the Minimum Amount I can Buy
You can buy for as low as N1,000 and in multiples of N1,000 thereafter. However, Banks typically accept minimum purchases of N100,000 or more

When is it usually sold?

Treasury Bills is sold every other Wednesday (bi-weekly) as announced by the CBN. The CBN announces issuances in their websites and in the pages of the Newspaper. You can also ask your bank account officer to notify you ahead of an issuance.

How Can I Buy Treasury Bills

To buy Treasury Bills you will have to approach your bank requesting for a form. You fill the form with your personal information also indicating the amount you want to buy as well has your bid rate.

Nice and educative.!