
Central Bank of Nigeria
Introduction of Central Bank of Nigeria Special Bills
- Author
- Central Bank of Nigeria
- Reference No.
- BSD/DIR/GEN/LAB/131086
- Year
- 2020
- Pages
- 1 page
The Central Bank of Nigeria announces Special Bills as a new liquidity management instrument intended to deepen financial markets. The bills have a 90-day tenor, are zero-coupon instruments with issuance yields determined by the CBN, may be traded among banks and investors, cannot be used…