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NTB Auction Teaser: Lower Than Previous Rates Expected

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On Thursday, 18th August 2016, the sum of N62.44 billion will be injected into the banking system through maturing treasury bills. This comprises N32.44 billion of the 91-day and N30 billion of the 182-day bill. As is common practice, the CBN will offer the same amount (N62.44 billion) alongside an additional N50 billion on the ...

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