Treasury Bills (T-Bills) remain one of the safest and most profitable short-term investments in Nigeria. If you’re looking for First Bank Treasury Bills rates today, you’re in the right place.
With interest rates constantly fluctuating, knowing the latest rates and understanding how to invest is essential. This guide will walk you through the latest T-Bill rates, how to invest through First Bank, and how to calculate your expected returns easily.
💡 Want to calculate your returns instantly? Use our free Treasury Bills Calculator to estimate your earnings before investing!
Latest First Bank Treasury Bills Rates Today (February 2025)
The Central Bank of Nigeria (CBN) recently conducted an auction, setting the latest Treasury Bills rates as follows:
| Treasury Bill Tenor | Current Interest Rate |
|---|---|
| 91-day (3 months) | 18.5% 🟢 |
| 182-day (6 months) | 19.5% 🟢 |
| 364-day (1 year) | 22.6% 🔥 |
📌 These rates change frequently based on market demand and CBN policies.
💡 Not sure how much you’ll earn? Use our Treasury Bills Calculator to calculate your expected profit before investing.
What Are Treasury Bills?
Treasury Bills (T-Bills) are short-term government securities issued by the Central Bank of Nigeria (CBN) on behalf of the Federal Government. They are risk-free and a great way to earn interest on your money.
How Do Treasury Bills Work?
- T-Bills are sold at a discount. This means you buy them for less than their face value and receive the full amount at maturity.
- The difference between the purchase price and the face value is your profit.
For example:
- If you buy a ₦1,000,000 Treasury Bill at a 22% interest rate, you might pay ₦780,000 upfront and receive ₦1,000,000 at maturity, earning ₦220,000 profit.
Key Features of Treasury Bills:
✔ Tenors: Available in 91-day, 182-day, and 364-day periods.
✔ Eligibility: Open to individuals, companies, and financial institutions.
✔ Pricing: Issued in units of ₦1,000.
✔ Liquidity: Can be sold before maturity in the secondary market.
✔ Tax-Free Earnings: No tax deductions on T-Bill returns.
💡 Want to estimate your T-Bill earnings? Use our Treasury Bills Calculator today!
How to Invest in Treasury Bills Through First Bank
First Bank of Nigeria provides an easy and secure way to invest in Treasury Bills. Here’s how you can get started:
Step 1: Open an Investment Account
You need an active bank account with First Bank to purchase T-Bills.
Step 2: Check Available Treasury Bills Offers
T-Bills are issued every two weeks, and interest rates vary. First Bank provides updates on available rates and upcoming auctions.
Step 3: Decide on Your Investment Amount
- Minimum investment in the primary market is usually ₦50 million, but smaller amounts can be bought in the secondary market.
- Investments can be made in 91-day, 182-day, or 364-day tenors.
Step 4: Submit Your Application
Visit any First Bank branch or apply through their investment platform.
Step 5: Fund Your Investment
Transfer the required amount, and First Bank will process your T-Bill purchase.
Step 6: Receive Your Treasury Bill Certificate
Once your investment is confirmed, you’ll receive a certificate with details of your purchase and maturity date.
Example: How to Calculate Your Treasury Bill Returns
To help you understand how much profit you can make, here’s a simple example:
🔹 Investment Amount: ₦1,000,000
🔹 Tenor: 364 days
🔹 Interest Rate: 22%
Step 1: Calculate the Discounted Purchase Price
- ₦1,000,000 ÷ (1 + 22/100) = ₦819,672
Step 2: Calculate Your Profit
- ₦1,000,000 – ₦819,672 = ₦180,328
💰 At maturity, you receive ₦1,000,000, making a profit of ₦180,328.
📌 Instead of calculating manually, use our Treasury Bills Calculator for instant results!
Treasury Bills vs. Fixed Deposits – Which Is Better?
| Feature | Treasury Bills | Fixed Deposit |
|---|---|---|
| Returns | Higher (Up to 22.6%) | Lower (8-12%) |
| Tax on Interest? | No tax ✅ | Taxed ❌ |
| Liquidity | Can sell before maturity ✅ | Locked till maturity ❌ |
| Risk Level | Zero risk ✅ | Bank-dependent ❌ |
📌 For higher, tax-free earnings, Treasury Bills are the better choice.
💡 Use our Treasury Bills Calculator to compare different investment options.
How to Maximize Your Treasury Bill Investment
🔹 Invest in Longer Tenors – 364-day T-Bills offer the highest interest rates.
🔹 Reinvest at Maturity – Roll over your profits for compound growth.
🔹 Monitor Rate Changes – Interest rates fluctuate, so timing matters.
🔹 Diversify Your Investments – Combine T-Bills with FGN Bonds or mutual funds.
💡 Want to calculate your T-Bill returns instantly? Use our Treasury Bills Calculator today!
Final Thoughts – Is It a Good Time to Invest in First Bank Treasury Bills?
✅ Yes! With Treasury Bills interest rates as high as 22.6%, now is a great time to invest and grow your money.
💰 Before investing, always check the latest rates and calculate your expected earnings using our Treasury Bills Calculator.