Browsing: TREASURY BILLS

The average yield on Nigerian Treasury bills inched higher to about 24.2% in the secondary market as local deposit money banks sold off investment securities

The average yield reduced as trading activities on Nigerian Treasury bills ended on a bullish note in the secondary market on the back of investors increasing bets on naira assets.

Investors increased bet on Nigerian Treasury bills in the secondary market ahead of primary market auction on Wednesday. The Central Bank of Nigeria

The mood on Nigerian Treasury bills continues to swing after investors spotted that the central bank has continued to slash rates at its main auctions.

The average on Nigerian Treasury bills increased in the secondary market as investors continued to dump the short term borrowing instruments. Investors’ moods swung due to sustained spot rates decline at the primary market.

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.

The average yield on Nigerian Treasury bills dipped by seven basis points on Wednesday in the secondary market to 21.8%, traders said in their separate update

The average yield on Nigerian Treasury bills rose in the secondary market as portfolio holders adjusted their positions downward. The risk off sentiment culminated from the need for liquidity while inflation continues to damage market returns.The average yield on Nigerian Treasury bills rose in the secondary market as portfolio holders adjusted their positions downward. The risk off sentiment culminated from the need for liquidity while inflation continues to damage market returns.

The average yield on Nigerian Treasury bills (NTB) dropped to 22% as a result of increased secondary market demand. At the primary market

The average yield on Nigerian Treasury bills slid 21 basis points on Monday as investors engaged in some buying activities