CBN Slashes NTB Yields as N4.27trn Demand Floods Auction
The Central Bank of Nigeria (CBN) cut yields on 91-day and 364-day Nigerian Treasury Bills (NTBs) at its midweek primary market auction, capitalising on overwhelming investor demand that saw subscriptions soar to N4.274 trillion. Despite widening real interest rates along the naira yield curve, the apex bank left the 182-day bill rate unchanged following comparatively […]