Bond Markets

Nigeria to raise N219 billion in T-bills

by DigitControl

March 30, 2016 | 2:00 pm
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A trader changes dollars with naira at a currency exchange store in Lagos February 12, 2015. REUTERS/Joe Penney

Nigeria plans to raise 218.89 billion naira ($1.10 billion) in short-dated treasury bills on April 7, the central bank said on Wednesday. The bank said it will sell 55.40 billion naira of three-month and 33.49 billion naira of six-month bills and 130 billion naira of one-year debt, using the Dutch auction system. The results of…

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by DigitControl

March 30, 2016 | 2:00 pm
  |     |     |   Start Conversation

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