Government securities record 156% over-subscription

Government securities record 156% over-subscription

The volume of idle cash in the interbank money market rose last week to N408 billion, triggering 156 percent excess demand for government securities. Financial Vanguard investigations revealed that the volume of idle cash (excess liquidity) in the interbank money market rose by 32 per cent from N277 billion the previous week, to close at […]
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