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%
Source: DMO
T-Bill 182-day
182 days
Current Yield
22.80%
Source: CBN
Government Bond
1825 days
Yield to Maturity
19.50%
Coupon Rate
18.50%
Source: DMO
T-Bill 91-day
91 days
Current Yield
21.50%
Source: CBN
T-Bill 364-day
364 days
Current Yield
24.20%
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.