CBN auction first special Treasury bill worth N4.1trn at 0.5%

CBN auction first special Treasury bill worth N4.1trn at 0.5%


The Central Bank of Nigeria (CBN) has on Thursday conducted the first Special Bill, offering N4.1 trillion for 81-day tenor to banks from the excess Cash Reserve Ratio (CRR). On December 2, 2020, the regulator introduced a special 90 days tenor bill with zero coupon as part of efforts to deepen the financial markets. Ayodeji…

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