Browsing: TREASURY BILLS
The average yields on fixed interest securities rose on Thursday amidst selloffs in the local debt capital market
The average yield on Nigerian Treasury bills edges upward two basis points on Thursday
Investors demand, inflation outlook; Federal Government revenues and debt serviceability
Analysts Expect Investors to Remain Bullish on Treasury Bills…
Investment: Are You Planning to Buy Treasury Bills? If you are risk averse, investing in Treasury Bills will match your profile. It is very unlikely to lose your investment. Meanwhile, the income from investing in T-Bills is tax free, so interest received is not subject to withholding tax.
Yields Plunge in Treasury Bills Market amid Excess Liquidity. Yields on government instruments trend lower in the secondary Treasury Bills market last week as Central Bank refinanced matured instrument worth ₦59.37 billion via primary market.
Money Market: Afrinvest says T-Bills rates to trend lower. Due to increase liquidity expected in the market this week, Afrinvest has said it expects rates on Treasury Bills to trend lower.
Unattractive yields: investors wait on sideline, hold for medium-long term instruments
CBN launch 5-Year Contracts to boost FX inflow as average T-Bill yields drop. The Central Bank of Nigeria has introduced forty seven new monthly future contracts to boost foreign exchange inflows.
Sell-offs Push Average Yield to 3.5%, as market expects N495bn inflow. Afrinvest www.afrinvest.com, a leading investment banking firm has said sell offs pushed average yield up to 3.5% last week.