CBN Sells N1.3 Trillion In Treasury Bills With High Interest Rates - Politics - Nairaland
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| CBN Sells N1.3 Trillion In Treasury Bills With High Interest Rates by Mateco556: 10:00am On Mar 07 |
The Central Bank of Nigeria (CBN) has concluded another round of Treasury Bills (T-Bills) auction, selling approximately N1.3 trillion worth of bills. The auction, held on March 6, 2024, featured bills offered across three different tenors. The Summary of Auction Result revealed that the 364-day tenor attracted the highest interest rate, or stop rate, at an impressive 21.490%. With a maturity date set for March 6, 2025, this tenor garnered over N312 billion in offers, with subscriptions soaring to... https://ratecaptain.com/cbn-sells-n1-3-trillion-in-treasury-bills-with-high-interest-rates/ |
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