The percentage of the 28-day Treasury bills (T-bills) that were subscribed in July 2025, representing 6.8 times larger than that of the 364-day bills. This massive divergence shows extreme short-term risk aversion in the market. Buyers (77.8pc claimed by the CBE and the federal pension fund) are flocking to the shortest maturities despite yields declining sharply (from 15.8pc to 13.8pc), while essentially abandoning the one-year bills even though yields rose to 17.5pc.
[ssba-buttons]
Sep 6 , 2025
The dawn of a new year is more than a simple turning of the calendar. It is a moment...
Aug 30 , 2025
For Germans, Otto von Bismarck is first remembered as the architect of a unified nati...
Aug 23 , 2025
Banks have a new obsession. After decades chasing deposits and, more recently, digita...
Aug 16 , 2025
A decade ago, a case in the United States (US) jolted Wall Street. An ambulance opera...
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Loading your updates...