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T-Bills 19.5% vs Savings Account 5% — CBN Just Raised Rates Again. How to Buy with ₦10k
T-Bills 19.5% vs Savings Account 5% — CBN Just Raised Rates Again. How to Buy with ₦10k
CBN just hiked T-Bills to 19.5% at the last auction July 9th.
Your GTBank savings account: 5%
Inflation: 22.1%
If your money is in savings, you’re losing -17.1% per year.
You can buy T-Bills with just ₦10,000 through:
1. First Bank
2. Access Bank
3. i-invest app
4. Chaka
5. Stanbic IBTC
Who here is already buying? What platform do you use?
Newbies: Drop “T-BILL” below and I’ll DM you the step-by-step guide I used.
Warning: Don’t buy from Instagram vendors. Use only CBN-licensed banks/brokers.
Founders: Are you parking your startup funds in T-Bills or keeping it in dollars?
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