CBN’s N88 billion treasury bill auction yesterday was oversubscribed by 174.62%
At the end of the auction, one-year treasury bills sold for 9.75% per annum.
This category contains information about Treasury Bills in Nigeria.
Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government. They are by nature, the most liquid money market securities and are backed by the guarantee of the Federal Government.
At the end of the auction, one-year treasury bills sold for 9.75% per annum.
MTN Nigeria invested a whopping N121.5 billion in bonds, treasury bills and foreign currency deposits in 2020.
This increase is supposed to have a substantial impact on the Nigerian Stock exchange market.
Technology stocks led the advances, and the Nasdaq outperformed with a gain of 1.8% during the session.
Official: Nigerian Treasury bills calendar March - May 2021
Nigeria’s pension asset under management hits N12.3trillion in December 2020.
The barbell investment strategy as a concept suggests that the best way to strike a balance between reward and risk.
Since the beginning of 2020, pension fund managers have moved out about N1.112 trillion of treasury bills investments into mostly ...
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Nigeria's treasury bills rate was oversubscribed despite falling to 0.5%.