Investors Increase Bets on Nigerian Treasury Bills Amid Yield Decline Ahead of Auction
Fixed-income investors are ramping up their exposure to Nigerian Treasury bills in the secondary market ahead of this week’s auction, where the Central Bank of Nigeria (CBN) will offer ₦513.43 billion in maturing bills. However, trades have been limited by wide bid-offer spreads, according to traders. TrustBanc Capital Limited reported that yields on specific Treasury … Continue reading Investors Increase Bets on Nigerian Treasury Bills Amid Yield Decline Ahead of Auction
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