CBN allots N1.49 trillion at June 17 NTB auction, increases stop rates
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The Central Bank of Nigeria allotted N1.49 trillion in the June 17 Treasury bills auction, increasing the stop rates sharply across all three tenors. This monetary move reflects tightening financial conditions in Nigeria’s market.
The Central Bank of Nigeria (CBN) allotted N1.49 trillion at its Wednesday June 17 Treasury bills primary market auction, hiking stop rates sharply across all three tenors. The post CBN allots N1.49 trillion at June 17 NTB auction, increases stop rates appeared first on Nairametrics.
Markets Central Bank of Nigeria Treasury bills auction stop rates monetary policy Nigeria financial market