Nigerian T-Bill Yields Fall Sharply As Auction Signals Return To Normalcy

Yields on Nigerian Treasury Bills (NT-bills) declined significantly at the latest primary market auction, pointing to a possible stabilisation of the domestic fixed income market after a prolonged period of elevated rates. At the auction held this week, the benchmark one-year NT-bill yield dropped to 19.4%, well below the peak of 29.21% recorded at the [...]

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