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Investors expect lower rates as CBN conducts first Q2 T-Bills auction Thursday


The Central Bank of Nigeria (CBN) will on Thursday auction Treasury Bills worth N95.68 billion in its first Primary Market Auction (PMA) for the second quarter of 2019, with investors anticipating a lower stop rate. Investors expect a stop rate bid range of between 10.00 percent and 10.20 percent compared with the last stop rate…

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