Inter-bank lending rates eased marginally last week to an average of 10.58 per cent, from 10.83 per cent the previous week, as market liquidity was boosted by repayment of large funds in matured treasury bills. Dealers said about N95bn ($603.75m) in maturing treasury bills hit the system last week, boosting […]
Tag: Inter-Bank Lending Rates
Inter-bank rates fall on excess liquidity
Inter-bank lending rates eased further last week to an average of 10.75 per cent, from 11 per cent recorded the previous week, as cash from mature bonds and bills hit the market and unattractive yields on treasury bills limited central bank mop-up efforts. Dealers said about N81bn ($512.33m) in mature […]
