Treasury Bills

It is a short-term debt instrument issued by the Federal Government through the Central Bank to provide short term funding for the government.

Features Benefits
It is backed by the full faith and credit of the Federal Government of Nigeria It is risk-free
It is issued for tenors of 91 days, 182 days and 364 days at the primary market auction held fortnightly by CBN. Other tenors are available in the secondary market It is a highly liquid instrument and can be used as collateral for loans
Interest payment is upfront The interest earned is tax-exempt

How to Apply

There are different ways to apply, depending on whether or not you bank with us.

Already bank with us?

You can apply online, in any branch or by calling 0345 744 5445

Apply on Globus Online
New to Globus?

You can apply online, in any branch or by calling 0345 744 5445

Apply on Globus Online

More Ways to Save

Interested in other ways to save? We have other options for you to consider.

...
Bonds

Bonds are long term debt instruments issued by corporates and governments.

Learn More
...
Commercial Papers

An unsecured negotiable short-term instrument issued by a corporate.

Learn More
...
Money Market

These are cash placements with banks for a set period of time.

Learn More