Nigeria's leading finance and market intelligence news report.

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

…Here are 3 alternative investment options

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 than N78.36 billion worth of failed transactions…

Subscribe to BusinessDay to read full article – N1000 for 2 Month

Get real time updates directly on you device, subscribe now.

Comments are closed.