Strong demand for 1-year T-bills as rates hold across tenors

Strong request for longer-dated Nigerian Treasury bills dominated the Central Bank of Nigeria’s (CBN) superior marketplace auction connected Wednesday, adjacent arsenic yields connected the one-year insubstantial remained unchanged astatine 19.33 percent. The 364-day measure drew N2.12 trillion successful subscriptions against an connection of N550 billion. CBN allotted N753.45 billion, reinforcing the beardown penchant for longer-dated […]

read much Strong request for 1-year T-bills arsenic rates clasp crossed tenors