Sign Up

Continue with Google
or use


Have an account? Sign In Now

Sign In

Continue with Google
or use


Forgot Password?

Don't have account, Sign Up Here

Sorry, you do not have permission to ask a question, You must login to ask a question.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Sorry, you do not have permission to add post.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Fokona Logo Fokona Logo
Sign InSign Up

Fokona

Fokona Navigation

  • Home
  • Courses
  • Live Events
  • Contact Us
Search
Ask A Question

Mobile menu

Close
EXPLORE OUR COURSES
  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creators
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Fokona Latest Questions

Comfort
Comfort
Asked: June 25, 20262026-06-25T06:08:56+00:00 2026-06-25T06:08:56+00:00In: INVESTING & WEALTH BUILDING

Does treasury bill have opening and closing dates?

Does treasury bill have opening days. Was at the bank for this but was told to come back in two weeks times. Checked after two weeks and was still told to check again that it’s closed. Kindly let me know if it has opening and closing dates. Thank you.

treasury billTreasury Bills
1
  • 0
  • 0
  • 1 1 Answer
  • 0 Followers
  • 0
    • Report
  • Share
    Share
    • Share on Facebook
    • Share on Twitter
    • Share on LinkedIn
    • Share on WhatsApp

You must login to add an answer.

Continue with Google
or use


Forgot Password?

Need An Account, Sign Up Here

1 Answer

  • Voted
  • Oldest
  • Recent
  • Random
  1. Ochoyoda
    Ochoyoda Community Builder
    2026-06-25T10:59:50+00:00Added an answer about 4 months ago

    Yes. In Nigeria, Treasury Bills (T-Bills) are sold through periodic auctions conducted by the Central Bank of Nigeria, so they are not available for purchase every day. How Treasury Bills Work The CBN announces an auction date and the tenors available (typically 91-day, 182-day, and 364-day bills).Read more

    Yes. In Nigeria, Treasury Bills (T-Bills) are sold through periodic auctions conducted by the Central Bank of Nigeria, so they are not available for purchase every day.
    How Treasury Bills Work
    The CBN announces an auction date and the tenors available (typically 91-day, 182-day, and 364-day bills).
    Banks collect applications from customers before the auction date.
    Once the subscription window closes, you cannot buy that particular issue anymore.
    You then have to wait for the next auction.
    This is likely why your bank told you:
    “Come back in two weeks” (waiting for the next auction window).
    Then later “It’s closed” (the application deadline for that auction had passed).
    Why This Happens
    Some banks:
    Stop accepting applications a few days before the auction.
    Have internal cut-off times that are earlier than the CBN’s deadline.
    May prioritize larger subscriptions when demand is high.
    How to Avoid Missing Out
    Ask your bank specifically:
    When is the next Treasury Bill auction?
    What is their application deadline?
    Submit your instruction and funds before the bank’s cut-off date.
    Consider investment platforms that provide Treasury Bill access and notify users of upcoming auctions.
    Alternative While Waiting
    If your goal is short-term capital preservation and earning interest, a Money Market Mutual Fund (MMF) can be a good temporary parking place for your funds because:
    You can invest any time.
    There is no auction window.
    Your money remains relatively liquid.
    Current yields are often competitive with short-term fixed-income instruments, though not guaranteed.

    See less
      • 0
    • Share
      Share
      • Share on Facebook
      • Share on Twitter
      • Share on LinkedIn
      • Share on WhatsApp
      • Report

Related Questions

  • I have ₦500,000. Should I put it in a Nigerian money-market fund, Treasury Bills or Nigerian stocks?
  • How Can I Open a Stock Investment Account for a 3-Year-Old Child in Nigeria?
  • How to calculate discounted rates in treasury bills?
  • How Can I Tell When an Investment Has Become Overvalued?
  • How Can I Start Investing in Treasury Bills in Nigeria?

Sidebar

  • Popular
  • Answers
  • Okoye victor

    Is Investing ₦1 Million in Stocks Better Than Starting a ...

    • 128 Answers
  • Uche

    How Are Returns Generated and Reinvested in a Money Market ...

    • 54 Answers
  • NUM

    What Is the Difference Between Bonds and Treasury Bills in ...

    • 33 Answers
  • Ugochi Nsofor
    Ugochi Nsofor added an answer Thank you for your response. How do I apply on… October 14, 2026 at 12:35 pm
  • Emeka Kabiri
    Emeka Kabiri added an answer Starting your financial journey as a beginner in Nigeria requires… October 14, 2026 at 8:10 am
  • Emeka Kabiri
    Emeka Kabiri added an answer Yes, you can earn money through Fokona Creator Monetisation, even… October 14, 2026 at 8:06 am

Related Questions

  • What is SFS investment

    • 0 Answers
  • What Are the Benefits of Investing in Mutual Funds for ...

    • 2 Answers
  • Can Beginners Earn Money Through Fokona Creator Monetisation?

    • 2 Answers
  • How Can I Start Learning About Investing as an 18-Year-Old ...

    • 3 Answers
  • How Can Parents Create a Long-Term Investment Plan for Six ...

    • 0 Answers

Fokona Verified Experts

Fokona

Fokona

  • 1 Question
  • 50k Points
Official Account
Mama Ngozi AI

Mama Ngozi AI

  • 0 Questions
  • 48k Points
Official Fokona AI
Iking Ferry

Iking Ferry

  • 16 Questions
  • 30k Points
Fokona CEO
Chinedu Okafor, CFA

Chinedu Okafor, CFA

  • 0 Questions
  • 11k Points
Expert
Fokona Community

Fokona Community

  • 23 Questions
  • 10k Points
Community Desk

Explore Top Finance Topics on Fokona

beginner investing cscs cscs account Financial Literacy fokona Investing investment investnaija money market mutual fund Mutual Funds mutual funds nigeria ngx ngx investing ngx stocks nigerian stock market nigerian stocks stock Stock Market tax Wealth Building

Explore

  • Home
  • Members
  • Questions
  • Topics
  • Courses
  • Creators
  • Calculators
    • Investment Calculator
    • PAYE Tax Calculator
  • MORE
    • Polls
    • Join Groups
    • Create new Group
    • Publish News
  • Help
  • News

Footer

Fokona

Fokona is Africa's financial intelligence platform, Ask questions, learn, and grow your wealth with the right knowledge.

Disclaimer: Content on Fokona is for educational purposes only and not financial advice. Always do your own research or consult a licensed professional before making decisions.

COMPANY

  • About Us
  • Contact Us
  • Become An Instructor
  • Careers
  • Blog

PRODUCTS

  • Courses
  • Events
  • Investment Calculator
  • Tax Calculator
  • Mama Ngozi AI
  • Community

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
  • Guidelines
  • Financial Disclaimer
  • Content Disclaimer
  • Refund Policy

Follow Us:

© 2026 Fokona. All Rights Reserved.
Designed by NaijaTraffic Group