Deposit Insurance Fund welcomes rising T-Bill yields
The Ethiopian Deposit Insurance Fund (EDIF), aimed at enhancing confidence in the financial sector, has embraced the recent surge in Treasury bill (T-bill) yields, identifying it as a crucial factor for revenue growth.
Since becoming operational in 2023, EDIF has increasingly favored the rising T-bill rates at National Bank of Ethiopia (NBE) auctions for investments.
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Source: capitalethiopia
@Ethiopianbusinessdaily
The Ethiopian Deposit Insurance Fund (EDIF), aimed at enhancing confidence in the financial sector, has embraced the recent surge in Treasury bill (T-bill) yields, identifying it as a crucial factor for revenue growth.
Since becoming operational in 2023, EDIF has increasingly favored the rising T-bill rates at National Bank of Ethiopia (NBE) auctions for investments.
Read More
Source: capitalethiopia
@Ethiopianbusinessdaily