![CBN sells 1 year treasury bills @ 15.35%](http://mmsplusng.com/wp-content/uploads/2015/03/cbn-300x150.png)
Nigeria’s treasury bill yields fell across the board at an auction on last week, compared with a previous sale on March 4, the central bank said.
The CBN said it sold a total of around 167 billion naira ($840 million) of debt, less then the 447.81 billion naira worth of bids submitted by investors. Bids at the last auction stood at 318.58 billion naira.
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It sold 33.87 billion naira worth of the 91-day note at 10.79 percent, broadly flat against the 10.8 percent fetched at the previous auction.
The 182-day bond worth 50.27 billion naira was sold at 14.7 percent, against 14.85 percent previously, the central bank added.
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The bank said a total of 83 billion naira worth of the 1-year note attracted 15.35 percent compared with 15.89 percent at the previous auction.
The drop in yields is perhaps attributed to the sell-offs in the stock market as some investors who flee the stock market end up in the much safer government securities.