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Treasury Bill Rates Fall After CBN Cuts Interest Rate To 23%
Treasury bill stop rates fell across all tenors at the latest primary market auction, following the Central Bank of Nigeria’s (CBN) decision to reset its benchmark interest rate to 23 per cent from 26.5 per cent. The stop rates for the 91-day, 182-day and 364-day Nigerian Treasury Bills (NTBs) contracted by 80 basis points, 70 […]
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