Investors expect higher rate as CBN pays maturing treasury bills Wednesday
Ahead of payment of maturing treasury bills worth N167.2 billion on Wednesday by the Central Bank of Nigeria (CBN), investors are expecting a higher stop rate for the various tenor buckets. For the long term (364-day) tenor instrument, investors anticipate 7.0 percent interest rate, which is 0.51percentage point higher than 6.49 percent stop rate offered […]
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