Investing in Treasury Bills (T-Bills) is one of the safest and most profitable ways to grow your wealth with zero risk in Nigeria. Sterling Bank offers Treasury Bills as part of its investment portfolio, allowing customers to earn secure, government-backed returns with flexible investment tenors.
If you’re looking for the latest Treasury Bills rates at Sterling Bank, this guide will provide you with:
✅ Current Treasury Bills rates
✅ How to invest in T-Bills through Sterling Bank
✅ Minimum investment amounts
✅ How to calculate your expected returns
✅ Why Treasury Bills are an excellent investment
💡 Want to calculate your Treasury Bills earnings instantly? Use our free Treasury Bills Calculator to estimate your returns before investing!
Sterling Bank Treasury Bills Rates Today
The Central Bank of Nigeria (CBN) sets Treasury Bill rates, and they can change based on market demand and monetary policy decisions. Below are the latest Treasury Bill rates available through Sterling Bank:
| Treasury Bill Tenor | Discount Rate | Interest Rate |
|---|---|---|
| 91-Day (3 months) | 26.1550% | 27.9849% |
| 182-Day (6 months) | 25.0874% | 28.6856% |
| 364-Day (1 year) | 23.2954% | 30.3703% |
📌 Note: These rates are subject to change based on CBN auction results. Always confirm with Sterling Bank before making an investment.
💡 Want to check how much you’ll earn? Use our Treasury Bills Calculator to estimate your profit!
How to Invest in Treasury Bills Through Sterling Bank
1️⃣ Choose Your Investment Method (Primary or Secondary Market)
Sterling Bank offers two ways to invest in Treasury Bills:
✔ Primary Market: Buy directly from CBN’s bi-weekly auctions. The minimum investment is ₦50 million.
✔ Secondary Market: If you have less than ₦50 million, you can buy from Sterling Bank’s secondary market. The minimum investment is ₦100,000, with increments of ₦1,000.
💡 Not sure which option is best? Contact Sterling Bank or check current rates using our Treasury Bills Calculator.
2️⃣ Open an Investment Account
To invest in T-Bills through Sterling Bank, you need:
✔ A Sterling Bank account
✔ A CSCS (Central Securities Clearing System) account (for secondary market trading)
3️⃣ Decide on Your Investment Amount
✔ Primary Market Minimum: ₦50 million
✔ Secondary Market Minimum: ₦100,000 (in multiples of ₦1,000)
4️⃣ Select Your Tenor (Investment Duration)
✔ 91-day (3 months)
✔ 182-day (6 months)
✔ 364-day (1 year)
💡 Longer tenors typically offer higher returns!
5️⃣ Submit Your Application
✔ For Primary Market purchases: Fill out the CBN Treasury Bills Auction Bid Form and ensure your account is funded before the auction date.
✔ For Secondary Market purchases: Send an instruction letter to your Sterling Bank relationship manager stating the investment amount and preferred tenor.
6️⃣ Fund Your Investment
✔ Transfer the required funds from your Sterling Bank account.
7️⃣ Receive Your Treasury Bill Certificate
✔ Confirms your investment details, including:
- Amount invested
- Interest rate
- Maturity date
💡 Want to estimate your earnings before investing? Use our Treasury Bills Calculator for accurate calculations!
Example: How to Calculate Treasury Bills Returns
To help you understand how much you can earn, here’s a simple example:
🔹 Investment Amount: ₦1,000,000
🔹 Tenor: 364 days
🔹 Discount Rate: 23.2954%
Step 1: Calculate the Discounted Purchase Price
📌 ₦1,000,000 ÷ (1 + (23.2954/100)) = ₦811,000.00
Step 2: Calculate Your Profit
📌 ₦1,000,000 – ₦811,000.00 = ₦189,000.00
💰 At maturity, you receive ₦1,000,000, making a profit of ₦189,000.00.
📌 Don’t want to calculate manually? Use our Treasury Bills Calculator for instant results!
Benefits of Investing in Treasury Bills with Sterling Bank
✔ Zero-Risk Investment – Backed by the Nigerian government, ensuring no risk of losing money.
✔ High Returns – Earn up to 30% per year, better than savings accounts.
✔ Tax-Free Earnings – Unlike other investments, T-Bill profits are not taxed.
✔ Short-Term Gains – Options of 91, 182, and 364 days allow quick returns.
✔ Easy to Sell – Can be sold before maturity in the secondary market.
✔ Use as Collateral – T-Bills can be used as security for loans from Sterling Bank.
💡 Want to compare Treasury Bills with other investments? Use our Treasury Bills Calculator today!
Costs and Fees for Treasury Bills Investment at Sterling Bank
Sterling Bank charges the following fees when you invest in Treasury Bills:
✔ Commission: ₦100 flat fee
✔ Withholding Tax: 10% on the interest earned
✔ Custody Fees: 0.1% of the face value per annum
📌 Always check with Sterling Bank for updated fees before investing.
Final Thoughts – Should You Invest in Sterling Bank Treasury Bills?
✅ Yes! Treasury Bills are one of the safest and most profitable investments in Nigeria. With rates as high as 30.37%, now is the perfect time to invest and grow your money risk-free.
📌 Before investing, check the latest rates and calculate your expected earnings using our Treasury Bills Calculator.