Treasury Bills: Experts expect short, medium term instruments to contract

Treasury Bills: Experts expect short, medium term instruments to contract

Financial services experts in Nigeria expect the volume of Nigerian Treasury Bills (NTBs) issuance to reduce in the short to medium term. This was unequivocally expressed in Zenith Bank’s weekly economic intelligence report published on Wednesday. The report is coming just days after the Central Bank of Nigeria (CBN) released its Treasury Bills calendar for the third quarter (Q3) of 2020. The calendar showed the apex bank’s projection to raise about N822 billion between June and August, this year. According to the calendar, some 91-day tenured bills valued at N109.65 will…

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