Category: Q & A

Question: Please can you explain what Treasury Bills upfront interest is and how it works?

Upfront interest is the interest paid at the commencement of the investment, rather than at maturity as is usually the case.

In Nigeria, interest in Treasury Bill’s investment is paid upfront by the broker. … Read More

Question: I don’t know how the interest calculations work for lower tenor treasury bills. For example, if I invest N1,000,000 in treasury bills for 91 days, how is the interest calculated. … Read More

Question: I am one of your followers in my early twenties working in a supermarket and have been trying to save for the future. I have two of my elder siblings living in my rented apartment who have no jobs. My challenge is that each time I try to save, … Read More

Question: I own a growing business, whose income is just enough to support my family and reinvest in growing the business. I have read your write-up on asset allocation and need help in how to implement asset allocation in my income scenario.… Read More

Question: I was very excited when my bid coincided with the stop rate at the last treasury bills auction. I was happy that I am getting the maximum possible returns, only to find out that I was given only a fraction of the amount I bidded for. What really happened? … Read More

Question: I am currently trying to build my money market portfolio using treasury bills. How can I roll over interest in treasury bills investment as interest is being paid upfront, unlike fixed deposits etc?… Read More

Question: I highly appreciate your enlightening and inspirational writeups in the Punch Newspaper. I have come across the term ‘true yield’ in treasury bills which is usually higher than the actual rate. Please can you through more light on this?… Read More

Question: Thanks for your write-up in Punch Newspaper. I observe that most of your writing is based on investing in the money market, but there is no money market investment that you can start for as low as N10,000. These financial institutions collect nothing less than a Million Naira, … Read More