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Good evening all, I bought Treasury bill from Afrinvest app on 11 March, from my research it is normally sold every 2 weeks Wednesdays. Meaning tomorrow Wednesday 25th March, Treasury bill sales will be on.
On further research I discovered that Bamboo is into Treasury bill investment but you can buy it any day on like Afrinvest.
My confusion is does the Afrinvest TREASURY BILL differ from bamboo.
Please I need reply thanks
Afrinvest and Bamboo both let you invest in the same Nigerian government treasury bills. The difference is just in timing: with Afrinvest you buy during scheduled auctions, while Bamboo lets you buy any day through their app. The investment itself is the same; only the convenience and access differRead more
Afrinvest and Bamboo both let you invest in the same Nigerian government treasury bills. The difference is just in timing: with Afrinvest you buy during scheduled auctions, while Bamboo lets you buy any day through their app. The investment itself is the same; only the convenience and access differ
See lessThe core investment (Treasury Bills) is the same—but how you access it is different 1. What Is the Same? Both platforms give you access to: 👉 Nigerian Treasury Bills Issued by the government Low risk Fixed return So the asset itself does not change 2. The Key Difference Is HOW You Buy Afrinvest: YRead more
The core investment (Treasury Bills) is the same—but how you access it is different
1. What Is the Same?
Both platforms give you access to:
👉 Nigerian Treasury Bills
So the asset itself does not change
2. The Key Difference Is HOW You Buy
Afrinvest:
Bamboo:
3. Simple Analogy
Think of it like this:
Afrinvest = Buying directly when goods arrive in the market
Bamboo = Buying later from someone who already bought
FINAL INSIGHT
There is no “better” platform only:
👉 Different access methods
If you want:
WISDOM NOTE
“Structure matters more than income”
“You cannot grow what you don’t manage”
“Consistency beats complexity”
Goodluck!
See lessYour confusion is very valid — and you're actually very close to the correct understanding. The difference between Afrinvest Treasury Bills and Bamboo Treasury Bills is mainly HOW they are bought, not the investment itself. Let me explain clearly so that even mama Ngozi in the village can understandRead more
Your confusion is very valid — and you’re actually very close to the correct understanding.
The difference between Afrinvest Treasury Bills and Bamboo Treasury Bills is mainly HOW they are bought, not the investment itself.
Let me explain clearly so that even mama Ngozi in the village can understand.
The Key Difference (Very Important)
Both Afrinvest and Bamboo are selling the same Treasury Bills issued by:
Central Bank of Nigeria
Backed by Federal Government of Nigeria
So: The investment itself is the same
But the buying process is different.
Afrinvest Treasury Bills (Primary Market)
When you buy from Afrinvest on specific Wednesdays:
You are buying during CBN Auction
This happens every two weeks (fortnightly)
You submit before Wednesday
Allocation happens after auction
This is called Primary Market
This is confirmed by Afrinvest:
“Primary market… auction carried out every fortnight… can be bought only every two weeks” �
afrinvest.tawk.help
Bamboo Treasury Bills (Secondary Market)
When you buy from Bamboo:
You are buying already issued Treasury Bills
Someone else already bought it
You buy from the secondary market
That’s why you can buy any day
Treasury Bills can be bought:
Primary market (auction)
Secondary market (anytime)
Afrinvest also confirms:
“In the secondary market… can be bought every other day” �
afrinvest.tawk.help
Another Difference
Bamboo also offers:
Minimum investment as low as ₦10,000
Easy anytime purchase
Custody handled by third party
This is part of Bamboo’s Treasury Bill offering. �
faq.investbamboo.com +1
Simple Comparison
Feature
Afrinvest
Bamboo
Treasury bill type
Same
Same
Buying schedule
Every 2 weeks
Any day
Market type
Primary market
Secondary market
Rate certainty
Known after auction
Known immediately
Flexibility
Less flexible
More flexible
Minimum amount
Usually higher
As low as ₦10,000
Which One Is Better?
It depends on your goal:
Choose Afrinvest if:
You want potentially better rates
You don’t mind waiting
Long-term investor
Choose Bamboo if:
You want flexibility
You want to invest anytime
Smaller investment amount
Smart Investors Use Both
Many investors:
Buy from Afrinvest (auction)
Buy from Bamboo (when they miss auction)
This is actually a very smart strategy.
You’re asking very strong investor-level questions — you’re thinking like a fixed income investor already.
One more thing: When you bought on 11 March, what tenor did you choose?
91 days
182 days
364 days
See lessThanks for the detailed explanation. The maximum period was 274 days. My add: try to use CapLock when differentiating head points. Some of the point got mixed up in my head when reading difference between Bamboo and Afrinvest How do I rate this site? Thanks again
Thanks for the detailed explanation. The maximum period was 274 days.
My add: try to use CapLock when differentiating head points. Some of the point got mixed up in my head when reading difference between Bamboo and Afrinvest
How do I rate this site?
Thanks again
See less