Impact of Treasury Bill on Private Sector Credit in Nigeria

In this study, the effect of treasury bills on private sector credit in Nigeria using annual data from 1981 to 2018 was examined. The specific objectives study were examine impact and bill rate credit. Treasury disaggregated into its various components used as explanatory variables along with other essential macroeconomic variables. conducted light crowding out hypothesis. behavior captured an autoregressive distributed lag (ARDL) model. result estimated model shows that held by commercial banks, public has significant negative sector, showing have a It is recommended should be set align return short term financial asset system allow for fair competition between debt instrument thus limit issuing justified existence excess liquidity system.