Treasury Bills & Government Bonds

Low-risk government securities

About Government Securities

Treasury Bills and Government Bonds are low-risk investments backed by the Federal Government of Nigeria. T-Bills are short-term (91, 182, 364 days) with yields determined at auction. Bonds are longer-term with fixed coupon rates. Both offer capital preservation but are subject to inflation and CBN policy rate changes.

Showing 5 instruments

Government Bond

3650 days

Yield to Maturity

20.20%

Coupon Rate

19.80%

Auction DateDec 10, 2025
MaturityDec 10, 2035
Min. Purchase₦100,000

Source: DMO

T-Bill 182-day

182 days

Current Yield

22.80%

Auction DateFeb 19, 2026
MaturityAug 19, 2026
Min. Purchase₦50,000

Source: CBN

Government Bond

1825 days

Yield to Maturity

19.50%

Coupon Rate

18.50%

Auction DateJan 15, 2026
MaturityJan 15, 2031
Min. Purchase₦100,000

Source: DMO

T-Bill 91-day

91 days

Current Yield

21.50%

Auction DateFeb 19, 2026
MaturityMay 21, 2026
Min. Purchase₦50,000

Source: CBN

T-Bill 364-day

364 days

Current Yield

24.20%

Auction DateFeb 19, 2026
MaturityFeb 17, 2027
Min. Purchase₦50,000

Source: CBN

Key Considerations

  • Yields are influenced by CBN monetary policy and inflation expectations
  • T-Bills are zero-coupon (discounted at purchase, redeemed at par)
  • Government bonds pay periodic coupon interest
  • Liquidity depends on secondary market conditions
  • Inflation can erode real returns despite capital safety

Educational information only; not financial advice. Data sourced from CBN and DMO. Verify with authorized dealers before investing.

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