Tag nigerian treasury bills
Here are the current treasury bills issued by the Central Bank of Nigeria (CBN):
Short-Term Treasury Bills (91-Day, 182-Day, and 364-Day)
- 91-Day Treasury Bill: 5.50% - 6.00% (effective rate)
- 182-Day Treasury Bill: 6.00% - 6.50% (effective rate)
- 364-Day Treasury Bill: 6.50% - 7.00% (effective rate)
Medium-Term Treasury Bills (1-Year, 2-Year, and 3-Year)
- 1-Year Treasury Bill: 7.00% - 7.50% (effective rate)
- 2-Year Treasury Bill: 7.50% - 8.00% (effective rate)
- 3-Year Treasury Bill: 8.00% - 8.50% (effective rate)
Long-Term Treasury Bills (5-Year and 10-Year)
- 5-Year Treasury Bill: 8.50% - 9.00% (effective rate)
- 10-Year Treasury Bill: 9.00% - 9.50% (effective rate)
Please note that these rates are subject to change and may not reflect the current market rates. Additionally, the CBN may issue new treasury bills or adjust the rates at any time.
It's also important to note that treasury bills are a type of short-term government security that is used to manage the government's cash flow and borrowing needs. They are typically auctioned off to investors, including banks, pension funds, and other financial institutions.