Q: Can I sell before maturity?
Warren Oluwasanya
Last Update vor einem Jahr
Yes, you can sell T- Bills before maturity. However, the price at which you sell depends on the prevailing interest rate. For instance, a N1 00,000 Face Value (FV) T-Bills maybe selling for less or more depending on the prevailing interest rate as at the time of the sale as yield expectation influences interest rates. If your FV is trading at a higher price, it means you can sell your T-Bills at a profit as such your N1 00,000 can sell for N101,000 or more. If your FV is trading at a lower price, it means you can sell your T-Bills at a loss as such your N100,000 can sell for N99,000 or less.