Q: Can I Sell before Maturity?
Yes, you can sell CPs before maturity. A major constraint of selling CPs, however, is illiquidity and size of minimum tradeable volume. Also, the price at which you sell depends on the prevailing interest rate at the time.
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Q: Can I sell before maturity?
Yes, you can sell T- Bills before maturity. However, the price at which you sell depends on the prevailing interest rate. For instance, a N1 00,000 Face Value (FV) T-Bills maybe selling for less or more depending on the prevailing interest rate as at ...
Can I sell my Federal Government Saving Bonds before maturity?
Yes, you can sell your bonds before they mature through the secondary market. However, keep in mind that the market for these bonds may be less liquid compared to other securities, so it's important to consider potential liquidity challenges.
Q: What is Afrinvestor?
Afrinvestor gives instant and secure access to easily buy and sell stocks of companies listed on the Nigerian stock market. You can also invest in Treasury Bills and Commercial Papers with just a few taps. It is a user-friendly platform. If you want ...
Q: What is True Yield?
The ‘true yield’ is the effective return on investment (ROI). Using a simplified example, if an investor wants to receive N100,000 after a one-year period (365-days) and choses to invest in a discounted instrument which is offered at a rate of 10%, the ...
Q: How do Treasury Bills work?
T-Bills are discount instruments, and they are so called because the investor gets its interest upfront. This means that the interest promised on a T-bill instrument is payable on the very day the investment commences. For instance, if a T-bill ...