Strong demand persists as 1-year T-bills yield falls to 16.20%

Strong demand persists as 1-year T-bills yield falls to 16.20%

Investors strong demand for longer-dated Nigerian Treasury Bills pushed the one-year yield down to 16.20 percent at the Central Bank of Nigeria’s primary market auction held on Wednesday. The 364-day bill recorded the highest level of demand, with subscriptions of N2.63 trillion against an offer of N500 billion, underscoring sustained investor preference for locking in […] read more Strong demand persists as 1-year T-bills yield falls to 16.20%

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