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    Wednesday, June 10
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    CBN to Refinance Matured Treasury Bills worth N369bn

    Olu AnisereBy No Comments1 Min Read
    CBN to Refinance Matured Treasury Bills worth N369bn

    CBN to Refinance Matured Treasury Bills worth N369bn

    The Central Bank of Nigeria (CBN) will refinance maturing Treasury bills worth N369 billion via a primary market auction (PMA) scheduled for Wednesday. The authority will open N400 billion worth of Treasury bill papers across standard maturities to refinance its matured bills with some analysts projecting possible downward rate adjustments.

    In the secondary market, transactions on Nigerian bills opened with a slightly soft tone before midday brought wider spreads across the curve. The Dec ’25 and Mar ’26 papers saw the most action, with the NTB average mid-rate eventually ticking higher.

    Traders reported that the Nigerian Interbank Treasury Bills True Yield rose across all tenors, as strong investor selloffs drove the average yield higher by 0.14%, closing at 21.04% #CBN to Refinance Matured Treasury Bills worth N369bn Pension Fund Assets Grows to N23.366 Trillion

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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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