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