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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...

Investors Stake N292.6bn On N45bn Treasury Bills Auction

Investors Stake N292.6bn On N45bn Treasury Bills Auction   Despite a consistent crash of interest rates, investors staked N292.6bn on the N45bn treasury bills auction, which took place on Wednesday. The auction results showed that the oversubscription rate stood at 550 per cent. The Central Bank of Nigeria...

T-bills: Investors To Get N847.43m In Q1 2020

T-bills: Investors To Get N847.43m In Q1 2020   The Federal Government is scheduled to pay N847.43m to investors in the first quarter of 2020 as treasury bills mature. The Central Bank of Nigeria, in a circular on Wednesday, said of the N847.43m total treasury bills, N86.62m...

Treasury Bills: CBN To Auction N795bn In Q1 2020

Treasury Bills: CBN To Auction N795bn In Q1 2020   The Central Bank of Nigeria (CBN) will in the first quarter of 2020 issue treasury bills worth a total of N795.427 billion. The debt instrument would be made up of 91-day, 182-day and 364-day bills. The breakdown of...

T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn

T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn   Investors have oversubscribed to the Treasury Bills auctioned by the Central Bank of Nigeria to the tune of N383bn (or 254 per cent), despite a further crash in interest rates. The CBN recorded a total subscription of N533.93bn on...