Nigerian Treasury Bills Yield Rises To 23% after Disinflation

The average yield on Nigerian Treasury bills increased by six basis points to 23% in the secondary market, as the market anticipates new auctions. Moderate selloffs occurred at the short end of the curve in the secondary market after the July inflation drop heightened expectations of a benchmark interest rate change. Yesterday, the Nigerian Treasury … Continue reading Nigerian Treasury Bills Yield Rises To 23% after Disinflation