Treasury yield expected to rise on interest rate hike

Treasury bills yield is expected to trend upwards this week at the secondary market, following a hike in the Monetary Policy Rate (MPR) by the Central Bank of Nigeria (CBN).

Treasury yield is the effective annual interest rate that the government pays on one of its debt obligations, expressed as a percentage. In other words, Treasury yield is the annual return investors can expect from holding a government security with a given maturity.