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Nigeria auctions $1.1 bln in T-bills, tightens liquidity

August 9, 2012 Comments Off on Nigeria auctions $1.1 bln in T-bills, tightens liquidity

August 9, 2012, 4:50 pm

LAGOS (Reuters) – Nigeria sold 172.1 billion naira in treasury bills, more than expected, and increased the yield it offered on the short-dated paper to mop up liquidity to support the currency, the central bank said on Thursday.
The bank said last week it would aucti…

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