CBN cuts T-bill rate amid N3.63tn demand
Investors are increasingly positioning for longer-term returns in Nigeria’s fixed-income market, with the latest treasury bills auction showing an overwhelming preference for the one-year government security. At the Central Bank of Nigeria’s (CBN) primary market auction on Wednesday, investors submitted N3.63tn for the 364-day T-bill, representing 95.9 per cent of the N3.79tn total bids received…
We haven't written up this one. Punch has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- CBN cuts T-bill rate amid N3.63tn demand punchng.com
