Govt borrows N242bn via Treasury bills
The Federal Government has sold N242.38bn ($1.22bn) worth of three months to one year Treasury bills at higher yields than in its previous auction, the Central Bank of Nigeria has said.
The CBN raised N50bn more than it initially planned, increasing the amount of six-month paper auctioned from N30bn to N80bn.
It sold N45.17bn of The post Govt borrows N242bn via Treasury bills appeared first on Punch Newspapers
The CBN raised N50bn more than it initially planned, increasing the amount of six-month paper auctioned from N30bn to N80bn.
It sold N45.17bn of The post Govt borrows N242bn via Treasury bills appeared first on Punch Newspapers
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