N252.8bn treasury bills enhance liquidity at inter-bank market“

by | April 5, 2013 10:38 am

  Money market yesterday was awash with liquidity owing to the injection of N252.8 billion worth of treasury bills forcing the Nigeria Inter-Bank Offered Rates (NIBOR) to dip across tenor buckets. For instance, both 7-day and 30-day tenors dropped to 10.83 percent and 11.12 percent yesterday from the previous rates of 11.25 percent and 11.54 percent,…

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