Interest Rate in Nigeria averaged 11.14 percent from 2007 until 2020, reaching an all time high of 14 percent in July of 2016 and a record low of 6 percent in July of 2009. This page provides - Nigeria Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Results of primary auction for Nigerian Treasury Bills and FGN Bonds. NTB Rates, Federal government bonds, NTB, primary auction. Money market reports The interest rates of treasury bills in Nigeria is simply the bid rate, which is also referred to as Spot Rate. The interest rate depends on the type of treasury bill you intend to purchase. The interest rate of treasury bills in Nigeria is between 11.57% to 14%. By Babajide Komolafe. THE upward trend of interest rates on treasury bills is expected to persist this week as the Central Bank of Nigeria, CBN, seeks to refinance N179 billion worth of maturing Nigeria’s Treasury Bill Rate data was reported at 10.940 % pa in Oct 2018. This records a decrease from the previous number of 11.000 % pa for Sep 2018. Nigeria’s Treasury Bill Rate data is updated monthly, averaging 10.910 % pa from Jan 2000 to Oct 2018, with 225 observations. The data reached an all-time high of 24.500 % pa in Mar 2002 and a record low of 1.040 % pa in Mar 2010. Though returns on the Nigerian treasury bills issue programme may be lower than what you can get from actively doing business, you are guaranteed a sum that comes from a safe investment. Treasury bills are backed by the Federal Government and are outsourced through the Central Bank Of Nigeria. Or, the yield on your ₦1m could be (7 - 8)% if you buy from Zenith’s secondary market t-bills holdings. Alternatively, Zenith Money Market Fund typically gives better returns than the 91day Nigerian Treasury Bill rates and higher than the max 9% for fixed deposits. Plus, you only need ₦10k and to hold it for at least 30days.
22 May 2019 Nigeria: Treasury Bills, Bonds - CBN to Limit Banks' Investment retaining the Monetary Policy Rate (MPR), otherwise known as interest rate, at 13.5 per cent. The MPR is the rate at which the CBN lends to commercial banks
By Dipo Olowookere There are high expectations that treasury bills rates would interest rate, investors have been exiting emerging markets, including Nigeria. Depending on your age, Treasury bills (T-bills) can be a good investment for The longer the maturity date of a T-bill, the higher the interest rate it will pay. Treasury Bills/Apel Investment Note Rates Calculator. Home · Apel Investment Note(AIN) Rate Guide · Treasury Bills/Apel Investment Note Rates Calculator 14 Nov 2019 Feyisayo Popoola The interest rates on treasury bills have crashed further, The CBN said in the auction result that the range of bid rates were Treasury Bills In Nigeria by feelamong(m): 1:40pm On Feb 24, 2012 cautioned the monetary authorities against increasing the benchmark interest rate — the Nigeria - Risk premium on lending (lending rate minus treasury bill rate, %) " risk free" treasury bill interest rate at which short-term government securities are
The interest rates of treasury bills in Nigeria is simply the bid rate, which is also referred to as Spot Rate. The interest rate depends on the type of treasury bill you intend to purchase. The interest rate of treasury bills in Nigeria is between 11.57% to 14%.
Nigerian Treasury Bills Press Release: Request for Expression of Interest (EOI) , for the Appointment of the Transaction Parties for the Issuance of Eurobonds 14 Jan 2020 Knowing the treasury bills rate in Nigeria 2020 will help you to have an insight on the interest rates that the financial institution. 3 Jan 2020 Treasury bill rates attraction for individual investors may have ended with 2019 Bank of Nigeria (CBN) in October to lenders to ban individuals and Interest rates on fixed deposits in commercial banks may have lost their Treasury Bills. Home List of Treasury Bills. Issuer, Description, Amount (₦'bn), Status. Federal Government of Nigeria, NTB 12-Mar-20, 86.30, Quoted. Federal 17 Jan 2020 over the consistent decline in the interest rates of Treasury bills. The CBN had reported the range of bid rates to be between 2.74 per cent