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Nairametrics| The Central Bank of Nigeria quarterly Treasury Bills Issuance Calendar is released to the public periodically as a guide for investors to know when they can bid at the primary market for treasury bills purchase.
If you are interested in knowing when the next treasury bills auction will take place, then mark these dates as they fall due. This page is updated quarterly as the CBN updates its calendar issuance dates.
You can also see dates of previous issuances in the images below.
Other News
See below:
4th Quarter of 2018
3rd Quarter of 2018
2nd Quarter of 2018
1st Quarter of 2018
4th Quarter of 2017
3rd Quarter of 2017
2nd Quarter of 2017
First Quarter of 2017
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Are you saying I can still buy treasury bills even if I do not have up to #50,001,000 through the banks with the new CBN policy?
Via the secondary market
which is the secondary market?
Can I invest in treasure bill a day before the auction date
Yes you can
Although I am waiting for the maturity to see what amount will be paid back to me. I invested 250k for a91day TBILL but got a credit alert of 435.47naira for upfront interest payment meanwhile the rate was at 13.50%as at Mar 17, 2017.
probably its on rollover that is why you are getting that amount
Are you sure you bought treasury bill? You may probably be running fixed deposit. Treasury bill has the following characteristic.
– Interest is paid upfront (don’t yield interest)
– Tender is between Monday to Wednesday, issue and payment on Thursdays 1:30pm
– Zero tax on interest
– Short time maturity
– Use as collateral.
If you fixed 250,000,000 at 9% for 91 tenor, your interest a day will be (N250,000* 9/100/365)
= 61.64, for 91 days is N5609.59 but will be paid monthly amounting to N467.47 with a withholding tax of 10%. Your net interest is N 420.72.
Thats a bonus on your investement, your interest had been added to your investment so you are getting your principal and interest at maturity
whats the problem with the above question
It is Treasury Bill . the alert you got is the balance on the roll over ( Principal +Interest) which is not up to N1000
What do the mean by roll over?
Please I have a question. If am.investing 10 million in TB and I want to invest both principle and interest . How will.this be calculated or will the interest be calculated separately or will be invested at the same time with the 10million
when you invest 10m in TB, the interest will be paid upfront (which means your deal amount will be less than 10m), but you can invest right back the interest paid upfront (capitalizing interest), then it will mean you are investing the 10million as the deal amount, then the effective yield will be used to calculate your total interest at maturity.
When is the auction for treasury bills in September 2017?
If I invest 2m on 91days tenor treasury bill what will be my interest and when will it be paid.
Assuming an interest rate of 16% you will get N80,000. That is, 16% multiplied by N2m multiplied by 91 all divided by 364.
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