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Nigerian Treasury Bills Yield Declines Ahead of Auction

Investors reduce their Treasury bills portfolios in the secondary market in preparation for the midweek auction.

Treasury Bills Yield Shrinks 5bps Ahead of Auction

The average yield on Nigerian Treasury bills declined by five or 5 basis points (bps) in the secondary market to 25.2%, traders said in separate notes.

Treasury Investors Pick on New Bills Appealing Yield

Trading activities on Nigerian Treasury bills boomed in the secondary market after the spot rate on the 364-day paper was adjusted by 50 basis points to 23.50% during midweek auction.

Nigerian Treasury Bill Yield Moderated to 20%

Nigerian Treasury Bill Yield Moderated to 20%The average yield on Nigerian Treasury bill has dropped further at the beginning of the week to close...

Interest Rate on 1-Year Treasury Bills Rises by 18bps

The Central Bank of Nigeria (CBN) hiked spot rate on one year treasury bills instrument sold to investors by 18 basis points at the primary market auction (PMA) last week. The latest uptick in spot rate is in contrast to pattern seen in the recent past with successive price down at the long dated treasury bills issuance.

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CBN Sells N1.25trn OMO Bills at Reduced Interest Rate

CBN Sells N1.25trn OMO Bills at Reduced Interest RateThe...

Naira Gains N9 as Fresh Inflows Boost Foreign Reserves

Naira Gains N9 as Fresh Inflows Boost Foreign ReservesThe...

First Holdco Sheds 4%, Market Value Drops to N1.2trn

First Holdco Sheds 4%, Market Value Drops to N1.2trnFirst...

GTCO Surpasses N3trn on NGX as London Trading Commences

GTCO Surpasses N3trn on NGX as London Trading CommencesGuaranty...

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