Latest Treasury Rates
NIGERIA - 364 Day Treasury Bill
XNSA:364D
9.90%

NIGERIA - 10 Year Treasury Bond
XNSA:10Y
15.00%

Latest Treasury Bills

Period Yield % Inflation-adjusted Yield% Currency-adjusted Yield%

Latest Treasury Bonds

BondName Coupon % Issue Date Maturity Date
GHGGOG061714 20.50% 2020-11-16 2027-11-16
17-11--2021 30YEAR 12.98% 2021-11-19 2050-03-27
23-06-2021 15YEAR 12.50% 2021-06-23 2035-03-27
21-04-2021 25YEAR 9.80% 2021-04-21 2045-07-24
12.50% FGN APR 2032 12.50% 2022-10-19 2032-04-27
16.2499% FGN APR 203 16.25% 2022-10-19 2037-04-18

Treasury Market FAQs

What is a Treasury Bill/Bond?

A treasury bill/bond is a contract of debt with which an investor loans money to the Government.

When you purchase a treasury bill/bond, you are lending money to the Government (issuer). In return the government promises to pay you a specified rate of interest (the coupon) during the life of the bond and to repay the face value of the bond (the principal or the original amount invested) at maturity.

 

What is the difference between a treasury bill and bond?

Basis

Treasury Bill

Treasury Bond

Meaning

It is a short-term money market instrument issued by the government.

It is a long-term capital market instrument issued by the government.

How long is your money tied up?

Issued with a maturity of one year or less.

Issued with a maturity of 2 years and more

Interest payments

Issued at discounted price, no interest payments

Not issued at discount.

Interest payments every six months

Types

91 Day, 182 Day, 364 Day

Government Bond, Infrastructure Bond

How can I be aware of the forthcoming Bond issues? 

Use our Investor Calendar that is updated directly from the Central Bank. It gives you the ability to add auction and issue dates to your Google/Apple/Outlook calendars.

 

What is yield

A bond/bill yield is the amount of return an investor will realize on a treasury bill or the current market interest rate for  treasury bonds. 

 

How to purchase treasury bills/bonds

Fastest way is to ask your local commercial bank.

If you are looking to buy bonds over $50,000 then contact Central Bank