Treasury Bill and Treasury Bond Tap Facility
The objective of offering the Tap facility is to support the development of the secondary market for the trading of government securities and to encourage a savings culture. This market provides an avenue for investors to meet their liquidity needs through the buying and selling of these securities.
Tbill-tap is a discount bill with terms less than 1 year of maturity. It is purchased at a discounted price, accrues interest daily until it reaches full face value on maturity.
Tbond-tap is the fixed income bond that pays coupon interest on a six monthly basis over the term of the bond. It has maturities for 2 years and more and can be purchased at par or face value on maturity.
- TBond Application Form
- TBill Application Form
- New Investor ID Form
- TBill and TBond Tap Results
- TBill and TBond – Terms & Conditions