Current Nigeria Treasury Bills (NTB) Auction Results:
| Auction date | Marginal Rate | 91 days | 182 days | 364 days |
| Mar 27, 2024 | 16.240% | 17.000% | 21.124% |
| Mar 13, 2024 | 16.2399% | -% | -% |
| Mar 6, 2024 | 17.2400% | 18.000% | 21.490% |
| Feb 21, 2024 | 17.000% | 17.500% | 19.00% |
| Feb 7, 2024 | 17.240% | 18.000% | 19.00% |
| Jan 24, 2024 | 5.000% | 7.150% | 11.54% |
| Jan 10, 2024 | 2.440% | 4.220% | 8.399% |
| Dec 27, 2023 | 7.000% | 10.000% | 12.240% |
| Dec 12, 2023 | 6.250% | 11.000% | 13.500% |
| Dec 6, 2023 | 9.000% | 13.000% | 15.750% |
| Nov 22, 2023 | 8.000% | 12.000% | 16.750% |
| Nov 8, 2023 | 7.000% | 11.000% | 16.750% |
| Oct 25, 2023 | 5.999% | 9.000% | 13.000% |
| Oct 11, 2023 | 3.670% | 5.110% | 9.250% |
| Sept 28, 2023 | 4.990% | 6.550% | 11.370% |
| Sept 13, 2023 | 6.500% | 7.000% | 12.980% |
| Sept 6, 2023 | 0.000% | 0.000% | 12.550% |
| Aug 23, 2023 | 0.000% | 0.000% | 13.970% |
| Aug 9, 2023 | 5.000% | 5.900% | 9.800% |
| Jul 26, 2023 | 6.000% | 8.000% | 12.150% |
| Jul 12, 2023 | 2.860% | 3.500% | 5.940% |
| Jun 30, 2023 | 2.870% | 0.000% | 4.890% |
| Jun 14, 2023 | 4.890% | 5.120% | 8.240% |
| May 24, 2023 | 2.290% | 4.990% | 7.990% |
| May 10, 2023 | 4.500% | 6.440% | 8.990% |
| Apr 26, 2023 | 5.300% | 8.000% | 10.170% |
| Apr 12, 2023 | 6.000% | 8.000% | 0.000% |
| Mar 29, 2023 | 6.000% | 8.000% | 14.740% |
| Mar 15, 2023 | 2.550% | 5.550% | 6.000% |
| Mar 8, 2023 | 1.440% | 6.000% | 10.000% |
| Feb 22, 2023 | 3.000% | 3.240% | 9.900% |
| Jan 25, 2023 | 0.290% | 1.800% | 4.780% |
| Jan 11, 2023 | 2.000% | 4.330% | 7.300% |
| Dec 28, 2022 | 2.749% | 7.150% | 8.490% |
| Dec 14, 2022 | 5.500% | 7.300% | 9.890% |
| Dec 7, 2022 | 6.490% | 8.000% | 13.990% |
| Nov 23, 2022 | 6.500% | 8.050% | 14.840% |
| Nov 9, 2022 | 6.500% | 8.050% | 13.990% |
| Oct 26, 2022 | 6.500% | 8.050% | 14.500% |
| Oct 10, 2022 | 6.470% | 7.900% | 13.000% |
| Sep 28, 2022 | 6.490% | 7.500% | 12.000% |
| Sep 14, 2022 | 5.500% | 6.000% | 9.750% |
| Sep 7, 2022 | 5.500% | 5.850% | 10.000% |
| Aug 24, 2022 | 4.000% | 5.000% | 8.500% |
| Aug 10, 2022 | 3.500% | 4.500% | 7.450% |
| Jul 27, 2022 | 2.800% | 4.100% | 7.000% |
| Jul 13, 2022 | 2.750% | 4.000% | 7.000% |
| Jun 29, 2022 | 2.400% | 3.790% | 6.070% |
| Jun 15, 2022 | 2.490% | 3.790% | 6.070% |
| Jun 8, 2022 | 2.500% | 3.840% | 6.440% |
| May 25, 2022 | 2.500% | 3.890% | 6.490% |
| May 11, 2022 | 1.740% | 3.000% | 4.700% |
| Apr 27, 2022 | 1.740% | 3.000% | 4.790% |
| Apr 13, 2022 | 1.740% | 3.000% | 4.600% |
| Mar 30, 2022 | 1.750% | 3.000% | 4.450% |
| Mar 9, 2022 | 1.750% | 3.280% | -% |
| Feb 23, 2022 | 2.240% | 3.300% | 4.350% |
| Feb 9, 2022 | 2.480% | 3.300% | 5.200% |
| Jan 26, 2022 | 2.480% | 3.300% | 5.399% |
| Jan 12, 2022 | 2.500% | 3.4400% | 5.500% |
Please find below, the previous years of Nigeria Treasury Bills primary auction
Nigeria Treasury Bills (NTB) Auction Results Second Half-year 2023
Nigeria Treasury Bills (NTB) Auction Results Half-year 2023
Nigeria Treasury Bills (NTB) Auction Results Full-year 2022
Nigeria Treasury Bills (NTB) Auction Results Half-year 2022
Nigeria Treasury Bills (NTB) Auction Results Year 2021
Please find below, the current quarterly Nigeria Treasury Bills primary auction calendar for 2022 as released by the Central Bank of Nigeria (CBN)
Current Nigerian Treasury Bills Issue Programme
How to invest in Nigerian Treasury Bills (NTB)
- To invest in Nigerian Treasury Bills through the primary auction, you need to open/maintain an account with a broker (Bank or investment house)
- Fill an application for or send an email with your instructions
- Fund your account, subject to the minimum accepted, the day before the primary auction.
- NTB primary auctions as held bi-monthly on Wednesdays
- If your bid is succesfull, you will be notified by your broker the day after (Thursday) and your account will be debited accordingly. An investment letter will also be sent to you including details of the Custodian where your investment is domiciled.
- Nigerian Treasury Bills come in 90 days, 180 days and 364 days tenor.
- Treasury bills is a discounted instrument, and your balance is returned to you as upfront interest.
- You get the fact value of the Treasury bills on maturity
Current Nigeria Bond Rates - FGN Bonds Primary Auction Results 2024
| Auction date | Marginal Rate | |||||||
| 3 years | 5 years | 7years | 10 years | 15 years | 20 years | 25 years | 30 years | |
| Mar 18, 2024 | 19.9400% | N/A% | 20.0000% | 20.4500% | N/A | N/A | N/A | N/A |
| Auction date | Marginal Rate | |||||||
| 5 years | 7 years | 10 years | 10 years | 15 years | 20 years | 25 years | 30 years | |
| Feb 21, 2024 | N/A | 18.5000% | 19.0000% | N/A | N/A | N/A | N/A | N/A |
| Jan 24, 2024 | N/A | N/A | 15.5000% | 16.0000% | 16.5000% | N/A | N/A | 17.1500% |
| Dec 11, 2023 | N/A | N/A | 15.5000% | 16.0000% | 16.5000% | N/A | N/A | 17.1500% |
| Nov 13, 2023 | N/A | N/A | 16.0000% | 17.0000% | 17.5000% | N/A | N/A | 18.0000% |
| Oct 16, 2023 | N/A | N/A | 14.9000% | 15.7500% | 15.8000% | N/A | N/A | 16.6000% |
| Sept 13, 2023 | N/A | N/A | 14.5000% | 15.4500% | 15.5500% | N/A | N/A | 16.2500% |
| Aug 16, 2023 | N/A | N/A | 13.8500% | 15.0000% | N/A | 15.2000% | N/A | 15.8500% |
| July 19, 2023 | N/A | N/A | 12.5000% | 13.6000% | N/A | 14.1000% | N/A | 14.3000% |
| June 21, 2023 | N/A | N/A | 13.9000% | 14.7000% | N/A | 15.4500% | N/A | 15.7000% |
| May 15, 2023 | N/A | N/A | 14.1000% | 14.9000% | N/A | 15.6900% | N/A | 15.8000% |
| Apr 17, 2023 | N/A | N/A | 14.0000% | 14.8000% | N/A | 15.4000% | N/A | 15.8000% |
| Mar 22, 2023 | N/A | N/A | 14.0000% | 14.7500% | N/A | 15.2000% | N/A | 15.7500% |
| Feb 13, 2023 | N/A | N/A | 13.9900% | 14.9000% | N/A | 15.9000% | N/A | 16.0000% |
| Jan 30, 2023 | N/A | N/A | 14.0000% | 14.900% | N/A | 15.8000% | N/A | 15.9000% |
| Dec 12, 2022 | N/A | N/A | 14.6000% | 14.7500% | N/A | 15.8000% | N/A | N/A |
| Nov 14, 2022 | N/A | N/A | 14.7500% | 15.2000% | N/A | 16.2000% | N/A | N/A |
| Oct 17, 2022 | N/A | N/A | 14.5000% | 15.0000% | N/A | 16.0000% | N/A | N/A |
| Sep 19, 2022 | N/A | N/A | 13.5000% | 13.8490% | N/A | 14.5000% | N/A | N/A |
| Aug 15, 2022 | N/A | N/A | 12.5000% | 13.5000% | N/A | 14.0000% | N/A | N/A |
| Jul 19, 2022 | N/A | N/A | 11.0000% | 13.0000% | N/A | 13.7490% | N/A | N/A |
| Jun 22, 2022 | N/A | N/A | 10.1000% | 12.5000% | N/A | 13.1500% | N/A | N/A |
| May 16, 2022 | N/A | N/A | 10.0000% | 12.4500% | N/A | 13.0000% | N/A | N/A |
| Apr 25, 2022 | N/A | N/A | 10.0000% | 12.5000% | N/A | 12.9000% | N/A | N/A |
| Mar 21, 2022 | N/A | N/A | 10.1500% | % | N/A | 12.7000% | N/A | N/A |
| Feb 16, 2022 | N/A | N/A | 10.9500% | % | N/A | 13.0000% | N/A | N/A |
| Jan 19, 2022 | N/A | N/A | 11.5000% | % | N/A | 13.0000% | N/A | N/A |
Nigeria Treasury Bills (NTB) Auction Results
Nigeria Treasury Bills (NTB) Auction Results Full-year 2022Nigeria Treasury Bills (NTB) Auction Results Half-year 2022
Nigeria Treasury Bills (NTB) Auction Results Year 2021
Please find below, the current quarterly FGN Bonds primary auction calendar for 2022 as released by the Debt Management Office (DMO)
Current FGN Bonds Auction Calendar
How to invest in FGN Bonds
- To invest in Nigerian Treasury Bills through the primary auction, you need to open/maintain an account with a licensed broker
- Fill an application form
- Fund your account minimum N50M. You can buy less in the secondary market
- If your bid is succesfuly, you will be notified by your broker the day after (Thursday) and your account will be debited accordingly. An investment letter will also be sent to you including details of the Custodian where your investment is domiciled. You can choose to domicile your bonds via in the CSCS via your stockbroker
- FGN Bonds come in 5 - 30 years tenor, with tenors inbetween for reopened bonds.
- Interest/coupon is paid bi-annually
- You get the fact value of your bonds on maturity
