Investors bid N384 billion worth of one-year treasury bills in the latest auction of 26th July 2023 at a rate of 12.15 per cent per annum. However, only N255 billion was allotted as investors continue to over-subscribe to the short-term…
The Central Bank of Nigeria’s Treasury Bills auction for a 364-Day tenor, which sought to raise N258.5 billion from investors, recorded an oversubscription of 22.7%, as interest rate rose to 7% compared to 6.07% recorded in the previous month. This…
The Central Bank of Nigeria’s (CBN) Treasury Bills for a 1-year tenor worth N143.88 billion, which was auctioned on Wednesday, 25th of May 2022, accumulated a total subscription of N210.82 billion, representing 147 per cent of the intended capital raise.…
By Kayode Tokede Treasury Bills (TB) secondary market closed on a bearish note following a slow trading record in the fixed income market. Consequently, the average yield across all instruments increased by three basis points to 8.4per cent last week.…
