CBN Raises ₦8.14tn Through Treasury Bills in Third Quarter

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The Central Bank of Nigeria raised ₦8.14 trillion through Treasury bill issuances in the third quarter.

The amount was higher than the Debt Management Office’s ₦5.8 trillion target.

Investor demand exceeded the government’s original borrowing plan.

Treasury bills are short-term government securities used to raise funds.

 

 

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