Nigeria’s overnight lending rates soared by 10 percentage points to a more than two-year high of 35 per cent on Wednesday, dealers said, after the Central Bank of Nigeria squeezed liquidity to support the local naira currency. The naira closed at its firmest in two weeks, at N160.10 against the […]
Tag: Treasury Bill
Nigeria plans 154.9 bln naira T-bill sale
Nigeria plans to auction 154.9 billion naira ($962 mln) in treasury bils with maturities ranging from three months to one year at a twice monthly debt auction on July 26, the central bank said in a public notice. The bank said it will sell 34.8 billion naira in 91-day paper […]
CBN sells N100bn in T-bills
The Central Bank of Nigeria has sold N100.62bn ($619.0m) in treasury bills with 91-day and 182-day maturity at its bi-monthly auction, with mixed yields compared with the previous auction. A statement by the bank on Friday said it sold N37.49bn worth of the 91-day paper at a return of 14.05 […]
