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Rates to Remain at Current Levels Ahead of PMA

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  The Treasury Bills (“T-Bills”) market performance was largely bearish last week as average yields across tenors inched up 74 bps from 14.7%, to 15.4% amidst tight liquidity for major part of the week. Notwithstanding, the CBN upheld its mop up of system liquidity with its OMO auctions which held on 4 of the 5 ...

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