URBANEXPRESSLIVEURBANEXPRESSLIVEURBANEXPRESSLIVE
  • Home
  • Politics
    Politics
    “Followers who tell the truth, and leaders who listen to it, are an unbeatable combination.”— Warren Bennis
    Show More
    Top News
    Tinubu Announce Scraping of Two Ministries, Merges Others
    October 23, 2024
    2027: Two Rep Members Dump Kwankwasiyya Movement As Kano NNPP Imbroglio Deepens
    November 4, 2024
    US Border Czar, Tom Homan Get President Trump’s Appointment
    November 11, 2024
    Latest News
    There’s No Justification For Not Being In Peace With My Boss-Fubara
    May 30, 2025
    Concerns As Activists Fear Emergency Rule May Last Beyond Six Months
    May 28, 2025
    Obi , Atiku in Deep Blue Sea As Coalition Confused Over Choice of Candidate-Lere
    May 24, 2025
    US Ex- Ex-President Biden Diagnosed with Prostate Cancer
    May 19, 2025
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Search
  • Advertise
© 2024 Urbanexpresslive. All Rights Reserved.
Reading: How Nigeria’s Treasury Bills Attract N3.22tn From Investors
Share
Notification Show More
Font ResizerAa
URBANEXPRESSLIVEURBANEXPRESSLIVE
Font ResizerAa
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
Search
  • Home
  • Politics
  • Entertainment
  • Urban & Rural Lifestyle
  • Column
  • Environment
  • Urban Sports
  • Crime Lence
  • More Links
    • About Us
    • Contact us
    • Advertise
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
URBANEXPRESSLIVE > web-Page > Business > How Nigeria’s Treasury Bills Attract N3.22tn From Investors
Business

How Nigeria’s Treasury Bills Attract N3.22tn From Investors

urbanexpresslive
Last updated: February 9, 2025 12:50 pm
urbanexpresslive
Share
2 Min Read
SHARE

Taiwo Popoola

Nigeria’s Treasury bills, and T-bills auction have attracted a total subscription of N3.22 trillion.

This comes as the Debt Management Office, on behalf of the Central Bank of Nigeria, conducted the auction on February 5, while allotments were done on February 6.

According to the result of the auction obtained on Saturday, the Federal Government offered N670 billion across the standard maturities of 91-day, 182-day, and 364-day bills.

The auction saw significant demand for long-tenured securities, with the 364-day instrument accounting for 98 percent of total bids compared to short-term securities.

This reflects heightened investor appetite amid rising yields and tight monetary conditions.

Meanwhile, stop rates for the 91-day and 182-day bills remained unchanged at 18 percent and 18.5 percent, respectively, for the eighth time in short-term tenors.

Further analysis showed that the 91-day bill received N42.37 billion in subscriptions, below the N50 billion on offer, while the 182-day bill saw a significant shortfall, attracting just N19.52 billion in bids against an offer of N120 billion.

The decreased demand for shorter tenors suggests that investors are positioning themselves for longer-term gains, preferring to lock in higher yields amid expectations of further monetary policy tightening.

You Might Also Like

Improve More On Revenue Collection- Minister Edun Tells Nigeria Customs

Soto Gallery, Ecobank, AFC, Push Art Boundaries with 2nd Edition of +234 Art Fair

Revenue: Nigeria Customs Hint at Generating N5.07tn 2024 Target

Payment of Pension Backlog To Commence Soon-Finance Minister Edun Says

We’ve Stopped Importation of Petroleum Says NNPC, Partners Dangote Refinery

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article How Naira Gained N45 Against Dollar At Black Market On Week-On-Week
Next Article Why Didier Drogba Was Better Than Wayne Rooney-Berbatov
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

UCL: How Inter Milan Destroyed, Worst Defeat Ever-Cassano Blames Inzaghi
Urban Sports June 2, 2025
Transfer: Significant Two Will Be Next Ones’-Rio Ferdinand On Man United’s Next Signing After Cunha
Urban Sports June 2, 2025
Transfer: Why Rio Ferdinand Rejoices Over Man United’s First Summer Signing
Urban Sports June 2, 2025
Transfer: Why Bruno Fernandes Makes Wage Demand From AI Hilal
Urban Sports June 2, 2025
Executive Master of Transport Management
//

UrbanExpressNews is Nigeria Most Reliable Online News, With Quality Pedigree of Writers made available on the online space.

Download Our App

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

info@urbanexpresslive.com

 

Follow US
© 2024 Urbanexpresslive. All Rights Reserved.
Welcome Back!

Sign in to your account