Tight liquidity to induce selloffs amidst NTB, PMA’s oversubscription

Tribune Online
Tight liquidity to induce selloffs amidst NTB, PMA’s oversubscription

There are expectations among investors that sell pressure will linger as system liquidity remains depressed and investors anticipate February inflation figures. This week’s Nigeria Treasury Bill (NTB) Primary Market Auction (PMA) had a total subscription of N1.66 trillion against N337.89 billion offered across the standard maturities. Dealers said investors’ expectation of higher interest rates roused […]

Tight liquidity to induce selloffs amidst NTB, PMA’s oversubscription
Tribune Online

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Momodou Sawaneh

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