Treasury Bonds
Sovereign debt market

Treasury Bonds

Every public country opens its bond programme with a first emission of 10,000 treasury bonds — private countries have no parliament to vote a loan, so they never issue any. Every bond in the world is worth the same: a face value of $0.10, paid in the issuer's own national currency at the exchange rate of the day the emission opened — so the price differs from country to country but the value never does. Each emission is a separate tranche with its own daily coupon rate and its own maturity date, so two bonds from the same country can pay differently and redeem on different days. Hold a bond and the state budget pays its emission's coupon every single day; when the emission matures the treasury buys it back at face value. Buy straight from the treasury or from other citizens, then hold for the coupon or list your own at any price you like. A country's credit rating climbs and falls with its budget — and if the treasury can no longer cover its coupons, it defaults on its debt until its finances recover.

NG

Nigeria

AAA · Prime Servicing its debt
Credit rating
AAA
Prime
$3,052.28
State budget
4,056,481.20
NGN · $3,052.28
Held by players
81
4 Holders
Paid per day
27.6708
NGN /day
Bonds issued
9,922
On market
9,841
Best ask
136.65
NGN
Active emissions
1
0.25%/day

Recent transactions

22d ago
NG Nigeria
Issue
JoshuaAkejelu ← State Treasury
Emission #166
16
2,186.34 NGN
Sep 7, 2026
NG Nigeria
Issue
Razky ← State Treasury
Emission #166
35
4,782.61 NGN
Aug 13, 2026
NG Nigeria
Issue
Hitwiz ← State Treasury
Emission #166
10
1,366.46 NGN
Aug 10, 2026
NG Nigeria
Issue
#990005853 ← State Treasury
Emission #166
8
1,093.17 NGN
Jul 28, 2026
NG Nigeria
Issue
#990009865 ← State Treasury
Emission #166
55
7,515.53 NGN
Jul 28, 2026
NG Nigeria
Trade
#990009865 ← #990011894
Emission #166
1
136.65 NGN
Jul 27, 2026
NG Nigeria
Issue
fodcom ← State Treasury
Emission #166
15
2,049.69 NGN
Jul 27, 2026
NG Nigeria
Issue
fodcom ← State Treasury
Emission #166
5
683.23 NGN
Jul 27, 2026
NG Nigeria
Issue
#990011894 ← State Treasury
Emission #166
15
2,049.69 NGN