Nigeria’s Treasury bill yields reportedly hit 2026 low after rate cut
Bloomberg reports that investors rushed to lock in returns after Nigeria’s biggest interest-rate cut in almost two decades fueled expectations that future debt offerings would pay less.
TLDR
Nigeria’s central bank sold short-dated debt at the lowest yields of 2026, Bloomberg reports. The biggest interest-rate cut in almost two decades stoked expectations that future offerings would pay less, prompting investors to rush to lock in returns.
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