T-bill Yields Drop As Eurobond Addresses Debt Maturities
Short-term Treasury bill yields fell by 0.5 per cent on Tuesday on expectations the government would sell less debt at auctions in the second quarter after raising $2.5bn via Eurobond.
The government has been working to lower its...
Govt Set To Redeem N762.5bn T-bills With Planned Eurobond Sale
The Federal Government is planning to redeem N762.5bn ($2.5bn) worth of Treasury bills from the proceeds of its planned $2.5bn Eurobond, to lower borrowing costs for the government, Finance Minister, Kemi Adeosun, has said.
The country...
CBN To Auction N253bn Treasury Bills
The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N252.7 billion.
A breakdown of the proposed sale of the fixed income instrument showed that the regulator will offer 91-day bills worth N6 billion; 182-day bills worth...
Average T-bills Yield Settles At 14.64%
Bearish sentiments characterised the secondary market for Treasury bills on Tuesday, as the yield on all tenors advanced.
The yields on the one-month, six-month, nine-month and 12-month instruments advanced by 0.13 per cent, 0.96 per cent, 0.07 per cent, 0.06...
Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months
Transactions in the fixed income and currency markets rose by 21.9 per cent to hit N14.85 trillion in November from N12.18 trillion in October. The increase in November has lifted the total value of...
CBN,The Central Bank of Nigeria sold N31.94bn ($104.76m) in Treasury bills in a bid to tighten liquidity in the money market while overnight lending rate fell.
Traders said the bank sold N31.52bn of 349-day Treasury bill at 18.59 per cent and N440m of 160-day Treasury...
