Market News
Nigeria T-Bill Yields Hit 2026 Low After Jumbo Interest-Rate Cut - BLOOMBERG
Nigeria’s central bank sold short-dated debt at the lowest yields this year as investors rushed to lock in returns after the biggest interest-rate cut in almost two decades stoked expectations that future offerings will pay less.
The bank sold 39.5 billion naira ($29.7 million) of 182-day Treasury bills at a yield of 15.8>#p### at Wednesday’s auction, the lowest since December. It also sold 447 billion naira of one-year debt at 15.89%, the lowest since October.
