Treasury Bills Market Surges Following N1tn Unallotted Auction Bids

Average yields on Nigerian Treasury bills declined by 27 basis points as strong buying momentum continued in the secondary market following the latest auction by the Central Bank of Nigeria (CBN). The CBN had offered N250 billion in Treasury bills for subscription, attracting over N1.3 trillion in bids. With the excess bids of more than … Continue reading Treasury Bills Market Surges Following N1tn Unallotted Auction Bids