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CBN To Sell N821.8bn Treasury Bills In Q3, 2020

CBN To Sell N821.8bn Treasury Bills In Q3, 2020     The Central Bank of Nigeria, CBN, has slated Treasury Bills, TBs, sales worth N821.8 billion in the third quarter 2020, Q3’20. This is contained in the apex bank’s latest Nigeria Treasury Bills Issue programme released yesterday. Treasury Bills...

Nigerian T-bills Oversubscribed By N132bn

Nigerian T-bills Oversubscribed By N132bn     The Nigerian Treasury Bills auctioned for the month of May was oversubscribed by N132bn. The Debt Management Office disclosed this on its website on Wednesday, adding that a total of N33bn was offered while it recorded a total subscription of N165.56bn. The...

CBN Offers N95.681bn TBills, Records 59% Oversubscription

CBN Offers N95.681bn TBills, Records 59% Oversubscription   The Central Bank of Nigeria (CBN) offered a total of N95.681 billion debt instrument at its Nigerian Treasury Bills Primary Market Auction held wednesday. The results of the auction seen at the end of trading showed that the fixed...

T-bills Interest Rates Rise, Subscription Declines

T-bills Interest Rates Rise, Subscription Declines   The interest rates on treasury bills witnessed an appreciation at the Primary Market Auction, which took place on Wednesday. Stop rates improved across all maturities as investors’ demand for the security declined when compared with previous auctions. Analysts said the increase...

Analysts Forecast Decline In T-bills, Bond Yield

Analysts Forecast Decline In T-bills, Bond Yield   Analysts at Cordros Capital Limited have said yields on Treasury bills and bonds are expected to decline by about 100 to 150 basis points. The Head of Research, Cordros Capital, Jolomi Odonghanro, while speaking during the unveiling of the...

T-bills: Investors Groan As Interest Rates Plunge

T-bills: Investors Groan As Interest Rates Plunge   Investors have registered their displeasure over the consistent decline in the interest rates of Treasury bills. The T-bills market has seen a consistent decline of interest rates over the past three months. The rates, which crashed from the double digit...