Nigerian Treasury Bill Yields Rise After CBN Reduces Spot Rate

The average yield on Nigerian Treasury bills experienced a 20 basis point increase in the secondary market, as investors opted to adjust their portfolio holdings in response to the Central Bank’s reduction of the spot rate on one-year bills offered at the primary auction. Amidst this bearish market sentiment, some investors sought to fulfill bids … Continue reading Nigerian Treasury Bill Yields Rise After CBN Reduces Spot Rate