BusinessDay
Nigeria's leading finance and market intelligence news report.

T-Bill rates rise first time in 16weeks on CBN’s cash reserve ratio hike

For the first time in 16 weeks, fixed-income investors seeking high-yielding securities were not disappointed, as attempts to buy the federal government short-term debt instruments at attractive rates were accepted, thanks to the cash reserve ratio hike by the Central Bank. A total of N229.63 billion worth of successful transactions was recorded at the Nigerian…



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