treasury bills

The Central Bank of Nigeria (CBN) last Wednesday sold N161.5 billion worth of Nigerian Treasury Bills (NTBs) across various maturities. Details revealed the apex bank offered N728.17 million which yielded N85.51 billion total subscription…

Massive sell offs by bonds holders seeking to invest in Federal Government's Savings Bonds may have triggered fall in prices of most fixed income instruments, especially the short tenor papers. At the bonds secondary market on Tuesday,…

Less than 24 hours after the Central Bank of Nigeria (CBN) aggressively raised its monetary policy rates on Tuesday, fixed income rates rose sharply to unprecedented levels on Wednesday, indicating desperation for foreign exchange inflows.…

UMORU ABDULKADIR Banks in the country are in a race to beat the September 30 deadline given by Central Bank of Nigeria (CBN) to implement the 60 per cent minimum Loan to Deposit Ratio (LDR) policy. They are scrambling for credible…

The Nigerian Treasury Bills issued and allotted fell by N1.153tn in the 2018 financial period. The total value of NTBs issued and allotted was N3.34tn apiece, indicating a decline of N1.153tn or 25.65 per cent below what was alloted in…

GBOLABO AFUWAPE The Naira appreciated at both the Interbank and Parallel FX markets by 0.02 percent and 0.28 percent respectively to close at NGN306.85/USD and NGN362.00/USD. At the close of trades last week, the average money…

GBOLABO AFUWAPE The Central Bank of Nigeria (CBN) is scheduled to hold the first Treasury Bills (T-Bills) Primary Market Auction (PMA) for 2019 on the 16th of January 2019. During the auction, T-Bills worth NGN225.45billion will mature,…

By: TAYO OLANIPEKUN African finance sector has broken a new ground with the launch of I-invest, a mobile application that allows users to purchase Treasury Bills (T-Bills) directly from their smartphones. The application was developed…

The Debt Management Office (DMO) says it will repay the N198.03 billion Nigerian Treasury Bills fully at maturity in December 2017. A statement from the office made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos…

CBN is set to sell 100.83 billion nairas of treasury bills at an auction on Wednesday, traders said. The central bank is offering 23.05 billion nairas of three-month paper, 23.43 billion nairas of six-month bill and 54.35 billion nairas of…