Investors Invest N390.9billion in Treasury Bills
Investors in the Central Bank of Nigeria’s treasury bills invested a total of N390.9 billion in treasury bills since the apex bank raised its benchmark monetary policy rate to 13%. This is for the period between May 25th and June 15th. A total of N777.3 billion in subscriptions was tendered by investors representing about 198% oversubscriptions from the N362.2 billion initially offered by the central bank.
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