Nigeria, Feb. 20 -- Investors showed a great deal of interest in Nigeria's most recent Treasury Bills auction, which took place on February 19, 2025. The total number of subscriptions for the three offered tenors was N2.41 trillion.

This is less than the N3.22 trillion that was raised at the last auction, which took place on February 5, 2025.

The Central Bank of Nigeria (CBN) raised allotments across the tenors, especially for the 364-day bills, despite the decreased demand, while stop rates somewhat decreased.

A change in yield expectations and shifting investor sentiment are indicated by the decrease in stop rates, which may have wider ramifications for the fixed-income market.

A change in yield expectations and shifting investor se...