Liquidity squeeze hits demand for juicy Nigerian Treasury bills

 

ENIOLA OLATUNJI

The appetite for Nigeria’s one-year Treasury bills has been on a steady decline, despite the Central Bank of Nigeria’s (CBN) efforts to raise yields in the past two auctions.

In an unexpected move, the CBN revised its auction calendar to include an additional sale on

Liquidity squeeze hits demand for juicy Nigerian Treasury bills

 

ENIOLA OLATUNJI

The appetite for Nigeria’s one-year Treasury bills has been on a steady decline, despite the Central Bank of Nigeria’s (CBN) efforts to raise yields in the past two auctions.

In an unexpected move, the CBN revised its auction calendar to include an additional sale on