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Topic: CBN sells N51b T-Bills, interbank rate flat  (Read 1246 times)

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CBN sells N51b T-Bills, interbank rate flat
« on: October 31, 2016, 01:04:29 AM »
CBN sells N51b T-Bills, interbank rate flat

The Central Bank of Nigeria (CBN) at the weekend, sold about N51 billion ($168 million) worth of treasury bills to mop up liquidity even as the overnight lending rate traded flat around 10 per cent, traders said. The bank sold N25 billion of 174-day open market operation bills at 18 per cent and N26 billion […]


The post CBN sells N51b T-Bills, interbank rate flat appeared first on The Nation Nigeria.


Source: CBN sells N51b T-Bills, interbank rate flat

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