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CBN allots N1.06 trillion at July 8 NTB auction, hikes one-year rate to 17.70%

CBN allots N1.06 trillion at July 8 NTB auction, hikes one-year rate to 17.70%

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The Central Bank of Nigeria (CBN) allotted N1.06 trillion at its Wednesday, July 8, 2026 Treasury bills primary market auction, raising the stop rate on the one-year bill sharply to 17.70% compared with the June 17 auction stop rate of 17.34% while keeping the mid-tenor rate unchanged.

The post CBN allots N1.06 trillion at July 8 NTB auction, hikes one-year rate to 17.70% appeared first on Nairametrics.

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