NT-Bills secondary market closed on a mildly negative note with average yield across the curve increasing by 1 basis point to close at 4.51 percent from 4.50 percent on the previous day. Average yield across the long-term maturities expanded by 1 basis point. However, the average yields across short-term and medium-term maturities remained unchanged at 3.52 percent and 3.74 percent, respectively. NTB 27-Oct-22 (+32 bps) maturity bill witnessed selling pressure, while yields on 21 bills remained unchanged. Tomorrow, the CBN is scheduled to conduct a Primary Market Auction to roll over NT-bills maturities worth ₦15.03 billion across 91-day (₦4.94 billion) and 182-day (₦10.09 billion) tenors. In the OMO bills market, the average yield across the curve decreased by 3 bps to close at 5.45 percent as against the last close of 5.48 percent. Average yields across medium-term and long-term maturities declined by 25 bps and 7 bps, respectively. However, the average yield across the short-term maturities closed flat at 5.35 percent. Yields on 7 bills compressed with the 22-Feb-22 maturity bill recording the highest yield decrease of 28 bps, while yields on 3 bills remained unchanged. | 
