T-Bill rates crash to 9-month low as investors place N378.71bn in failed bids

More than N378.71 billion worth of failed transactions was recorded at the Nigerian T-Bills auction conducted last Wednesday by the CBN

Fixed-income investors seeking high-yielding securities in the light of the prevailing developments in the markets have once again been disappointed, as attempts to buy the federal government short-term debt instruments at attractive rates were denied. More than N378.71 billion worth of failed tr

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```