NIGERIA, Nov. 27 -- Fresh data from FMDQ's monthly report show that the Debt Management Office secured N1.03 trillion from Treasury bill auctions in October, a rise of more than ten percent from September's issuance.

The strong performance highlights renewed investor confidence in short-tenor instruments amid shifting monetary conditions and attractive short-term yields.



The News Chronicle learned that the surge in T-bill activity coincided with a notable slowdown in longer-tenor borrowing. The DMO mobilised N316.77 billion from Federal Government bonds in October, a significant drop from N576.62 billion recorded in the previous month.

Market analysts say the shift reflects a recalibration of investor sentiment as participants seek ...