In view of this, when you buy a treasury bill, you are lending the government money for a short while. At the end of the agreed period, which is called the maturity date, you get your money back with interest.
The longer the maturity date, the better the return on investment. T-Bills are one of the safest ways to invest your money because they are backed by the government.
How
do treasury bills work? Treasury bills have a face value. This face value is
the actual amount that the Treasury bill is worth. However, treasury bills are
usually sold for less than the face value. For example, if you buy a treasury
bill for ten thousand Naira, you may pay just nine thousand eight hundred naira
for it. When the maturity date of the Treasury bill comes, you will receive
that total face value of ten thousand Naira. This means that you made two
hundred Naira from your Treasury bill investment.
If
you are interested in investing in treasury bills here’s how to go about it.
Treasury bills can be bought through your bank – the process is simple. Get in touch
with your bank and you will be put through. You can buy treasury bills for as
low as N1, 000 and in multiples of N1, 000 after that.
You
can invest your T-Bills for 91 days, 182 days or 364 days. This means for
example that, if you invest for 91 days, your investment will mature after
three months. If you invest for 182 days, your investment will mature after six
months and so on.
Apart
from being a safe way to invest, treasury bills have many other benefits:
• Number one, you earn interest. This
interest can be paid to you upfront.
• Treasury bills are a good source of
steady income. They are affordable and almost anyone can invest in them.
• Treasury bills can easily be converted
to cash. This means that you can easily sell your treasury bills to someone
else.
• They can also be used as a collateral
for bank borrowing
So
when thinking about ways to of investing your money, you may want to consider
investing in treasury bills. It’s an easy way to get the money you already have
to earn more for you.
This
has been courtesy FSDH Merchant Bank Plc as part of The Bankers Committee
Financial Literacy Public Enlightenment Programme brought to you by The Bankers
Committee, comprising all the commercial Banks in Nigeria and the Central Bank
of Nigeria, CBN.
Tell us what you think about
this post here: https://redmediaafrica.typeform.com/to/tZhoh3
49 comments:
This is the type of enlightenment we need you Linda
Very useful and enlightening info. Many thanks to Linda and FSDH merchant bank
Nice and educative post.. Wish we could get more stuffs like this and not the Kardashians upload
Nice one....nver knew one could but treasury billz for a low as 1k. Use to think na big man things
Rubbish. One of my sister who invested 10m in treasury bill has been crying, telling me that her account officer tricked her into that. The way the said it is not how it is coming. 419 in disguise.
This is the best thing you have posted on your blog
An eye opener.
An eye opener
#noted
#IT will ONLY get BETTER
#it MUST end IN PRAISE
So is Bukharin trying to ask us for money?
Mbakwa! Mụnwa ekweghi. Ihe nke a ọ wụdị gịnị?
the kinda things i wanna be reading about
Nice one
Dope News!
Cool
Interesting much
Okay seen and noted!
#TeamBlessed#
Treasury bills has more accrued interest than fixed deosit. While you get 3%for fixed deposit for 91days,you get like 12% on treasury bills.
Thank you Linda. Your blog has been a source of awareness to many of us. Each day I learn new thing and also know about the happenings around the world. This is awesome! I keep recommending this blog to people to download load and hook up to. The enlightenment on Treasury bills has blown my mind. What a knowledge! I'm going to invest on it immediately.
Thank you Linda.
Very educative! Plz bring more of this to us. Thanks!
Yea the interest rate is high & quite encouraging...
Another broad day light scam . after they will tell u it has crashed like d stock market ...
@Anonymous 6:03.... I understand that you must comment to keep linda in business but musf u share u stupidity while doing it all the time, If u sister was duped because of her ignorance of the capital market, that doesn't mean its fake or u think CBN and the commercial banks would be advertising a fake means of making money... Smh for your stupidity, just to let u know My parents bought me n my siblings treasure bills in 1988 in first bank and today 27 years later, i dont have to even work to earn a living. I live like a king now cos my money is working for me so i dnt have to stress my head.... So pls if u don't know anything about treasure investment shut the fcuk up and stop dissuading people from making wise investments
Every time nude people and gay guys. Here the change we advocated linda
@ Linda do u even read through the comment Section? If u do, u must have noticed that everyone is applauding this post cos we've grabbed knowledge from it..we know you have to gist about celebrity cos it pays u most and secures fame for you.. But please find time and means to educate us sometimes..some foolish fools will ask me to go make researches on my own.. But they don't know that one can't acquire all in a lifetime not even einstein did.. Nne biko nyere anyi aka
Another plus is that you do not pay tax on interest earn on Treasury bills
never under estimate the power of a blogger to spread useful info, but linda if you keep on showing us people's manhood all the time, you will misplace this opportunity God has given you to inform Africa and the world at large.
Maxwell Aka, u re 100% right.
Wao, this is great. If you can keep posting more responsible things like this, you could attract more responsible people to your blog. I recommend that the committee and more agencies should patronize you more with pieces of educating information of this nature. Thank you Linda.
Mumus you invest on it and get peanuts, if you have a business, u will invest and get more that the interest on treasury bill, I tried it, the interest isn't much
What more can I say? I have benefited from Treasury Bills and still benefiting. It's d way 2 go as long as you have an idle Cash.
Good news
Good news
I don't comment on your blog but this is the best post ever , I've wanting to know more about treasury bills n bonds . Thanks
Nice one Linda
Nice one Linda
Nice one Linda
Linda ikeji,This post is the best post ever for me.
Hahahahahaha
Well Said Mazi Maxwell Akalonu...Lindodo Biko nyere umu nne go aka oh!
Kudos
More of this
Jay kay
Lol. Govt investment. What if you invest a large amount and they refuse to pay u. Nigerian Govt does'nt evn obey court orders. It can b really unreliable, except for small amount of money Wich you can forfeit 2 d Govt, mayb 'cos u r patriotic ( dat is if they r not just embezzling the money and not paying u back), plenty problems with dis country.
Thanks lindy
Thank you for this information. For the benefit of those who are in doubt, I've been into treasury bills for sometime now. Your money is safe even if your bank goes bankrupt, it does not affect your money because it is backed by the CBN. God bless you Linda.
@Sliliky, please how did your parents do it? How much did they invest that makes you and your siblings to be living like king. I have some money to invest and I will need your further advise. Please reach me at assanig@yahoo.com and I will appreciate. Government most at times renege on their contracts with individuals. NNPC is a government establishment that is supposed to make contributions in funding oil and gas projects with their JV partners but they don't contribute their own percentage. Moreover you don't have insult the anonymous because that was his own experience.
I have invested in it with 1m,they paid me 53k after 3 months.i think it is good for idle money
Linda, this is quite enlightening.I am really blessed. Pls lets have more of this kind, not just gossips.
only 44 comments for an article this rich after how many days. Gues most ppl didnt even read this. Little wonder Linda spends more time on news that will fetch her comments. But pls dont stop. One educative article a day will keep ur blog healthy. but one question pls, which bank is collecting as low as 1k for T.Bills, cos i tried to buy at my bank last year bt was told the minimum is 1m plus you can only buy at the beginning of the year.
You guys do realize this post was paid for by FSDH Merchant Bank right? Yep, 50k. Not because the blogger's got a change of heart or strategy. Look forward to more eggplants/manhoods, Kardashians (correct spelling suggested by my phone!) and the lot. It works for her so ain't no change coming :)
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