Since the beginning of 2020, pension fund managers have moved out about N1.112 trillion of treasury bills investments into mostly FGN Bonds.
Nigeria's treasury bills rate was oversubscribed despite falling to 0.5%.
While the current prevailing rate of 2% might not be good news for investors, the low rates could be better for the Nigerian economy.
The latest data from Nigeria’s Treasury bill auction shows that Nigeria’s 364-day reduced by 2%.
Official: Nigerian Treasury bills calendar September - November 2020
Why credit ratings, guarantees, other enhancements matter.
Financial and investment experts tell us where to invest a million naira today.
With inflation holding steady, the low yields end up translating to negative returns.
The yoyo between debt and equity is likely to ensue as uncertainty remains in the forex market.
