Nigerian T-Bills Rate Surges To 13.97%

LBS Discloses FG's Targets With Naira Redesigning

In spite of a large increase in subscription levels at the primary market auction sales held by the monetary authority on Wednesday, the spot rate on 364-day Nigerian Treasury Bills (NTB) rose to 13.97%. At the central bank’s primary market auction on Wednesday, investors in fixed income securities bet N154 trillion on Nigerian Treasury notes. … Continue reading Nigerian T-Bills Rate Surges To 13.97%

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