CBN allots N1.06 trillion at July 8 NTB auction, hikes one-year rate to 17.70%

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The Central Bank of Nigeria allocated N1.06 trillion in its Treasury bills auction on July 8, 2026, raising the one-year bill stop rate to 17.70%, up from 17.34% in June. The mid-term rate remained unchanged, reflecting tightening monetary measures.

The Central Bank of Nigeria (CBN) allotted N1.06 trillion at its Wednesday, July 8, 2026 Treasury bills primary market auction, raising the stop rate on the one-year bill sharply to 17.70% compared with the June 17 auction stop rate of 17.34% while keeping the mid-tenor rate unchanged. The post CBN allots N1.06 trillion at July 8 NTB auction, hikes one-year rate to 17.70% appeared first on Nairametrics.

Politics Markets Nigeria Central Bank Treasury bills auction interest rates monetary policy

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