HomeTagsTreasury Bills

Tag: Treasury Bills

CBN Sells N454 Billion Treasury Bills

CBN Sells N454 Billion Treasury Bills   The Central Bank of Nigeria (CBN) last week sold treasury bills worth N454.16 billion via open market operations (OMO). But a report by analysts at Cowry Asset Management Limited that disclosed this at the weekend, pointed out that the...

T-bills: FG To Repay N482bn Debt In Q2

T-bills: FG To Repay N482bn Debt In Q2   The Federal Government is planning to repay N482bn of treasury bills in the second quarter and will halve the amount it wants to raise between March and May to lower borrowing costs, according to a debt auction...

Treasury Bills: N361bn Subscription Raises Market Liquidity

Treasury Bills: N361bn Subscription Raises Market Liquidity   The Treasury Bills (T-bills) has recorded improved performance for the second consecutive week as market liquidity and buying interests rise, financial market analysts have said. The market recorded an allotment of N130 billion against a total subscription of N361...

Despite Rates Decline, Treasury Bills Still Attractive

Despite Rates Decline, Treasury Bills  Still Attractive   Although yields at the Treasury bills space have been on the decline since the start of the year, they have remained attractive for risk averse investors, analysts at Meristem Wealth Management have said. They said on Tuesday investors had...

T-bill Yields Drop As Eurobond Addresses Debt Maturities

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

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...