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How Treasury Bills Work by boiz2men(m): 11:30am On Oct 08, 2017 |
I would love to invest in treasury bills. I have been reading but i dont understand all those technical jargons. I need somone to put me through.. Any good soul here? |
Re: How Treasury Bills Work by sulaimon22: 6:13pm On Oct 08, 2017 |
Its very easy jst go to ur bank and make an inquiry about treasury bills cos I tink the terms and Conditions on Treasury bills depends on bank u want to invest with but the little knowledge i have about it is DAT Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government. You can invest in treasury bills with a minimum of 100k and it has a tenure of 3month 6month and 1year And this is how it works, when u put in ur moni let's say 1million and ur profit is 50k u will b given the 50k upfront and later receive ur initial money at d end of the tenure u chused, and its less risky |
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