Treasury bill (T-Bill) is a short-term debt obligation backed by the government with a maturity of less than one year. In Nigeria, we ususally have durations of 91 days, 182 days and 364 days. The purpose of treasury bills is to help finance the national debt. They are a way for the government to make money from the public. People and corporations can buy treasury bills.
Showing posts with label treasury bills. Show all posts
Showing posts with label treasury bills. Show all posts
Monday, 12 September 2016
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