The Debt Management Office (DMO) recorded robust investor demand at Wednesday’s Nigerian Treasury Bills (NTB) primary market auction, with subscriptions remaining more than five times the amount offered. According to the results of the auction, the DMO offered N600 billion across the 91-day, 182-day and 364-day tenors. However, total subscriptions surged to N3.03 trillion, translating to a bid-to-offer ratio of 5.1 times underscoring the strong interest from banks, pension fund managers, asset managers and other institutional investors seeking relatively risk-free investment opportunities........................….......READ MORE