Investors post N558bn unsuccessful bids in T-bills, FGN bonds

Bond yields are rising and investors are pulling out of stocks

Bonds are instruments issued to raise long-term debt beyond five years

Not only have the yields on both Treasury-bills and FGN bonds hit a bottom record from a double interest rate enjoyed some four years ago, fixed-income investors seeking to put funds in the Federal Government short-term debt instruments have recorded N558.61 billion lost bids in one month. More t

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