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Financial Products
Nigeria’s fixed-income market is entering a phase in which investors are becoming less interested
The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.
Nigerian treasury bills (NTB) yield fell in the secondary market after more than half of the total subscription at the midweek auction was rejected by the authority.
The Central Bank of Nigeria (CBN) allotted OMO bills with 8 days expiration to eligible investors who participated in the open market operation on Monday.
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