Q: What are the other benefits of Treasury Bills?
- It is a risk-free investment as it carries the guarantee of the Federal Government of Nigeria
- T-Bills are highly liquid instruments and can be used as collateral
- Liquidity-active secondary market for ease of entry and exit (though at a cost)
- Interest earned is tax -exempt
- It is a good source of steady stream of income
- T-Bills are good investments for people who wish to save
- Minimum investment is N100,000 (One hundred thousand naira only)
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