By Dipo Olowookere The 364-day treasury bills stop rate was raised by the Central Bank of Nigeria (CBN) at the primary market auction (PMA) on Wednesday by 5.25 per cent as appetite for the asset class waned. The central bank, which conducted the exercise, did not record the usual hunger for the debt instrument by… Continue reading 12-Month Treasury Bills Now 14.74% as Appetite Falls
Tag: 12-month Treasury Bills
Treasury Bills Stop Rate Slumps to 5.89% as Rush Persists
By Dipo Olowookere The strong appetite for 364-day treasury bills at the primary market auction on Wednesday further pulled down the stop rate of 0.61 per cent. Business Post reports that at the preceding exercise, which was held two weeks ago, the stop rate for the one-year bill cleared at 6.50 per cent compared with… Continue reading Treasury Bills Stop Rate Slumps to 5.89% as Rush Persists