NTB stop rates crash across tenors after CBN’s 350bps rate cut; see new rates
AI Summary
Nigeria's Debt Management Office and Central Bank cut Treasury Bills stop rates across all tenors following a 350 basis points cut in the Monetary Policy Rate by the Central Bank of Nigeria. This move aims to influence monetary conditions in Nigeria's financial markets.
The Debt Management Office (DMO), in conjunction with the CBN, sharply cut stop rates across all three Treasury Bills (NTB) tenors at its Wednesday, September 23, 2026, primary market auction, a day after the Central Bank of Nigeria (CBN) cut its Monetary Policy Rate by 350 basis points to 23.00%. The post NTB stop rates crash across tenors after CBN’s 350bps rate cut; see new rates appeared first on Nairametrics.