Following the increase in inflation rate, financial experts have said that the yields on short-tenored Treasury Bills and FGN Bonds may rise as temporary reaction to the increase. A report made available to our correspondent on Wednesday by FSDH Merchant Bank, however, stated that the yields were likely to drop […]
Tag: Treasury Bills
Banks, Investors Splash N11tn on Treasury Bills
A total of N11.089 trillion was invested in treasury bills by financial institutions and investors in 2012, data compiled by THISDAY have shown. It showed that while a total of N4.393 trillion was invested in the short-term instrument through the Central Bank of Nigeria’s (CBN) Open Market Operations (OMO), treasury […]
Zenith, GTBank, FBN Lead in Treasury Bills Investment
Following the banking sector crisis, which almost led to the collapse of some financial institutions, commercial banks in the country have continued to invest heavily in risk-free fixed income securities. THISDAY research showed that a total of N2.673 trillion was invested in treasury bills by banks in 2011. The figures […]
