CBN Treasury Bill sales draw strong demand as rates climb, signaling investor caution

The Central Bank of Nigeria (CBN) recorded a robust demand for its treasury bills this week, with total subscriptions far exceeding the amount offered, reflecting heightened investor appetite amid rising interest rates. The latest auction, held on October 9, 2024, saw offers for tenors of 91-day, 182-day, and 364-day bills. In the 364-day auction, the … Continue reading CBN Treasury Bill sales draw strong demand as rates climb, signaling investor caution