The upward yield repricing came ahead of the primary market auction to be conducted by the apex bank on Wednesday, according to its Nigerian Treasury bills issuance calendar.
At the auction, the CBN is expected to roll over N263.50 billion worth of bills to market participants. The Treasury market has seen yield dropping from 11 per cent to less than two per cent over a robust funding profile in the financial system amidst a dearth of alternative investment options.
NigeriaDNA is a Direct News source that delivers the latest news, buzz, and stories from some of Nigeria’s most popular and trusted news websites. NigeriaDNA facilitates this by publishing headlines linking to breaking news and curated snippets from a diverse range of Nigerian credible, independent, and public-interest news sources. Our editors make it easy for Nigerians abroad and diaspora to discover top news stories in real-time as they're posted and directly linked to Nigeria's authoritative News Sources.
© 2025 All Rights Reserved | Curated and Powered by Nigeria DNA
