Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn       Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...

Interbank Rates To Ease Further On N822.08bn Boost In Financial System Liquidity         There are indications that interbank rates will ease further this week amid anticipated boost in financial system liquidity, as treasury bills worth N822.08billion will mature via Open Market Operation (OMO). “We expect the market...

FG Borrowed N3.2trn Through T-Bills In 2020       The Federal Government borrowed N3.2 trillion from the investing public through treasury bills, T-Bills, in 2020, while it paid N253 billion as interest on TB borrowings from January to September 2020. This represents marginal increase of 1.9 percent, year-on-year,...

CBN Slashes Treasury Bills Sale By 62% To N7.77trn         The Central Bank of Nigeria sold N7.77 trillion worth of secondary market (Open Market Operations) treasury bills in 2020, down by 62 percent from N13.92 trillion sold in 2019. Secondary market (Open Market Operations, OMO) treasury bill...

Stock Market Battles Policy Reversal In Treasury Bills         The price correction that resulted from profit taking activities as well as the reversal in Treasury Bills (TBs) yields last week may not necessarily impede the recovery prospect in the stock market, equity dealers have said. They insisted...

CBN Offers N197.6bn Treasury Bills Aug 27       The Central Bank of Nigeria (CBN) has announced an offer of N197.598 billion treasury bills of three tranches, accessible by August 27, 2020. The bills which will be offered through Dutch auction are for 91 day tenor, 182 days,...