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TREASURY BILLS
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.
In January 2024, the Federal Government raised about N381.219 billion through treasury bills (NT-Bills) issued on January 10 and 24.
The issuance of the final Nigerian Treasury Bills (NT-Bills) for 2023 confirms that the Federal Government has raised approximately N6.658 trillion through this debt instrument this year.
Nigerian Treasury Bills issued on Wednesday, November 8, 2023, recorded an oversubscription of 182.4%, as the CBN recorded subscriptions of N875.8 billion as against the offered N310 billion.
DMO sold Treasury Bills valued at N457.20 billion across its auctions in August 2023.
The Central Bank of Nigeria (CBN) seeks to raise a sum of N722.17 billion in cash through the...
Official: Nigerian Treasury bills calendar June - August 2021
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.
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.