The risk-free rate, from ₦10,000
Federal Government of Nigeria treasury bills and short-duration sovereign paper — guaranteed principal, discount-basis returns, auto-rollover, and daily secondary liquidity, all from your Securities Vault.
Short-duration, guaranteed return
From a 91-day cash park to the one-year benchmark — plus laddering and fractional access that make the safest asset class available to everyone.
91-Day Treasury Bill
The shortest sovereign tenor — park cash for a quarter at a government-guaranteed discount, with principal returned in full at maturity.
182-Day Treasury Bill
A half-year sovereign instrument balancing yield and liquidity — ideal for planned expenses six months out.
364-Day Treasury Bill
The one-year benchmark bill — typically the highest T-bill yield, locking in a full year of guaranteed sovereign return.
OMO Bills
Open Market Operation bills issued by the central bank for liquidity management — short sovereign paper for eligible investors.
T-Bill Ladders
Automatically roll maturing bills into new issues to keep cash continuously invested and smooth your income across tenors.
Fractional T-Bills
Access sovereign bills from as little as ₦10,000 — the safety of government paper, now within reach of every saver.
Pick the maturity that fits your plan
The three standard tenors trade off yield against how soon you need your cash back.
| Attribute | 91-Day | 182-Day | 364-Day |
|---|---|---|---|
| Tenor | 91 days | 182 days | 364 days |
| Typical use | Cash parking | Short goals | 1-year lock |
| Yield | Lowest | Mid | Highest |
| Liquidity | Secondary market | Secondary market | Secondary market |
| Issuer | FGN / DMO | FGN / DMO | FGN / DMO |
| Minimum | ₦10,000 | ₦10,000 | ₦10,000 |
Four steps to a guaranteed return
Buying sovereign paper on ContiSX is as simple as a bank transfer — with the return locked in the moment you subscribe.
Choose a Tenor
Pick 91, 182, or 364 days based on when you need the cash, and see the discounted price and effective yield up front.
Fund & Subscribe
Subscribe from your account at the primary auction or buy on the secondary market instantly.
Earn the Discount
You pay below face value; the difference is your guaranteed return, accruing to par as maturity approaches.
Redeem or Roll
At maturity, full face value settles to your account — or auto-roll into a fresh bill to keep earning.
Make idle cash earn the sovereign rate
Treasury bills are the smartest home for cash you can't afford to risk. With auto-rollover and laddering, ContiSX turns T-bills into an always-on savings engine that pays the government rate while staying liquid.
Treasury bills, answered
A treasury bill (T-bill) is a short-term debt instrument issued by the Federal Government through the Debt Management Office. You buy it at a discount to face value and receive the full face value at maturity — the difference is your return. Because it is government-backed, it is considered the risk-free benchmark.
T-bills are sold on a discount basis. If a ₦100,000 bill is priced at ₦92,000, your ₦8,000 gain over the tenor is the return. ContiSX shows both the discount price and the annualised effective yield before you subscribe.
T-bills carry the full backing of the Federal Government of Nigeria, making them the lowest-risk naira instrument available — the reference point against which all other yields are measured. Your principal is guaranteed at maturity.
Yes. ContiSX provides a secondary market where you can sell your bills before maturity at the prevailing price for early liquidity, though the sale price will reflect current interest rates.
Auto-rollover automatically reinvests your maturing bill into a new issue of the same tenor, so your cash stays continuously invested without manual re-subscription. You can turn it on or off at any time and build a ladder of staggered maturities.
Related markets & instruments
Earn the risk-free rate on every naira
Put idle cash to work in government-guaranteed treasury bills — from ₦10,000, with auto-rollover and daily liquidity.