Yields Decline As Nigerian Treasury Bills Gain On Month-End Demand

Nigerian Treasury bills rallied in the secondary market on Monday as month-end buying momentum and portfolio switching boosted demand ahead of the fourth-quarter primary market auction. Investor sentiment was further supported by expectations that the recent interest rate cut would influence spot rate pricing. With inflation on a downward trend, average returns on T-bills have … Continue reading Yields Decline As Nigerian Treasury Bills Gain On Month-End Demand