At the primary market auction on Wednesday, August 26, 2026, the Central Bank of Nigeria (CBN) cut the one-year stop rate by 44 basis points to 17.15%, a sharp contrast with a rate hike of 364-day bill to 17.59% in previous Treasury Bills auction despite huge demand as reported by Nairametrics.
The post CBN cuts one-year T-bill rate by 44bps as N3.63 trillion bids chase N500 billion offer appeared first on Nairametrics.