Tag: Treasury bills

THUR 11 NOV, 2021-theGBJournal- The overnight lending rate contracted by 133bps to 2.0% in the absence of any significant funding pressures on the system. Trading...

TUE 09 NOV, 2021-theGBJournal- The NTB secondary market was quiet, though with a bearish bias, as the average yield expanded slightly by 1bp to...

MON 08 NOV 2021-theGBJournal- The overnight lending rate contracted by 713bps to 5.3% in the absence of any significant funding pressure on the system. The...

TUE 26 OCT, 2021-theGBJournal- The overnight lending rate contracted by 75bps to 12.3%, following inflows from OMO maturities (NGN93.00 billion). The NTB secondary market closed...

MON 25 OCT, 2021-theGBJournal- The Treasury bond secondary market was bullish, as the average yield contracted slightly by 3bps to 11.3%. Across the benchmark...

SAT 23 OCT, 2021-theGBJournal- Trading in the Treasury bills secondary market turned bearish as most local banks sold off instruments to fund their bids...

THUR 21 OCT, 2021-theGBJournal- The overnight lending rate expanded by 50bps to 15.5% in the absence of significant inflows into the system. The NTB secondary...

WED 20 OCT, 2021-theGBJournal- The overnight lending rate contracted by 50bps to 15.0% in the absence of any significant funding pressures on the system. Trading...

SAT 16 OCT, 2021-theGBJournal- The Treasury bills secondary market ended the week on a bullish note following (1) the improved system liquidity in the...

THUR 14 OCT, 2021-theGBJournal- The overnight lending rate expanded by 325bps to 11.3%, following outflows for net NTB issuances (NGN65.57 billion). Trading in the NTB...