Friday, 8 January 2016

FG RAISES N136bn IN T-BILLS AT HIGHER YIELDS – The Federal Government on Thursday sold N136.24 billion ($684.67 million) in Treasury bills with maturities from three months to one year at its first auction of the year on Wednesday. The T-bills were at higher yields than previously, the Central Bank of Nigeria said. The bank sold N55.4 billion of three-month paper at four percent, up from 3.62 percent, at a sale on December 23.
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