Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHAT ARE THE KEY ADVBANTAGES OF BUYING/INVESTING IN TREASURY BILLS?

0
Posted

WHAT ARE THE KEY ADVBANTAGES OF BUYING/INVESTING IN TREASURY BILLS?

0

• It is the SAFEST investment instrument available in Nigeria today. • It has the CBN backing. • Your risk is practically zero for all volumes of funds • For its risk level, it has reasonable returns. Much better than most regular savings account and fixed deposits. • Your interest is received up front and can be re-invested with the principal if you so wish. • It is very easy to begin and to exit. • You do not have to pay any charges to your stockbroker for enabling you access this service.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123