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CBN Raises T-Bills Offer to N550bn – Report

The Central Bank of Nigeria (CBN) raised its total Treasury Bills Primary Market Auction offer to N550bn, up from N400bn in the previous auction. The offer covers the 91-day, 182-day, and 364-day tenors.

Zenith, 3 Other Banks Generate N281bn From T-Bills, Bonds

Zenith, 3 Other Banks Generate N281bn From T-Bills, Bonds   Despite low-yield environment, four leading banks generated N281bn from investing in Treasury Bills and Federal Government bonds in a half year ended June 30, 2019 audited result and accounts. This is an increase of 19.5 per cent...

Pension Fund: 85% Of N8.3trn Spent On Govt T-bills, Bonds

Pension Fund: 85% Of N8.3trn Spent On Govt T-bills, Bonds The largest pool of domestic capital in the country is the N8.3trn sitting in Nigeria’s pension fund, with 85% of the fund primarily financing the government through buying bonds or treasuries. This was the submission of...

Interbank Lending Falls, Govt Redeems N444bn T-Bills

Interbank Lending Falls, Govt Redeems N444bn T-Bills   There was near excess in the quantity of money in circulation last week, save for the increased mop up exercise by the Central Bank of Nigeria (CBN), following the repayments of N66.7 billion and N377.6 billion worth of...