₦airaland Forum

I have been searching for information concerning treasury bills hoping to invest but I'm getting so confused.

I read alot of blogs including this:

https://www.legit.ng/1261810-how-invest-treasury-bills-nigeria-money.html


I don't understand what the writer is saying.If I should invest #300k on a year duration, I would be paid #45k first then #255k at the end of 356 days.


But what about the interest?

Wouldn't I be given any interest again?

Please explain!



cc: Dominique
lalasticlala
mukina2

You can ask your question on the thread below, you will be advised accordingly

https://www.nairaland.com/878880/treasury-bills-nigeria

Thazard:
I have been searching for information concerning treasury bills hoping to invest but I'm getting so confused.

I read alot of blogs including this:

https://www.legit.ng/1261810-how-invest-treasury-bills-nigeria-money.html


I don't understand what the writer is saying.If I should invest #300k on a year duration, I would be paid #45k first then #255k at the end of 356 days.


But what about the interest?

Wouldn't I be given any interest again?

Please explain!



cc: Dominique
lalasticlala
mukina2

Let your confusion remain, bros, treasury bill is already dead.
Look for other more profitable investments

ChybuzzDD:
Let your confusion remain, bros, treasury bill is already dead. Look for other more profitable investments

Other profitable investments like?

Thazard:
Other profitable investments like?

Check the stocks section, both Nigeria and US.
But you'll have to learn before going into it.

Treasury bill is now 2% per annum for the 1yr tenor, which is real bulshit.
Savings, fixed deposit, mutual funds, and bonds are equally dead.
I don't know about forex and crypto, but stocks are ok, if you learn the basics before going in.

Each time I see treasury bills, piggyvest safelock comes to my mind. You easily get 10% per annum on any amount you lock. it's Cool and secure