Q: What do I benefit from investing in Treasury Bills?

Q: What do I benefit from investing in Treasury Bills?

Treasury bills in Nigeria are guaranteed by the full faith of the Federal Government; hence there is no default, if the government cannot pay, the CBN can print money to settle all investors. Treasury bills are fixed-income investments and income from T-Bills are tax-free. Investing in T-Bills encourages savings, and it can be easily converted to cash. T-Bills also pay higher interest than an investor will get from a Commercial Bank plus the fact that T-Bills certificate can be used as collateral for Bank loans

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