Browsing: TREASURY BILLS

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

As investors took lost bids to secondary market, the average yield on Nigerian Treasury bills declined moderately

The Central Bank of Nigeria (CBN) has further increased spot interest rate on 36-day treasury bills

The average yield on open market operations (OMO) bills jerked down below 18%

The average yield on Nigerian Treasury bills increased by 42 basis points due to pre-auction selloffs …