CBN to mop up N826bn from circulation
THE Central Bank of Nigeria, CBN, weekend, said it will mop up about N826.31 billion from circulation in the first quarter of 2013, through the sale of Treasury Bills, (T-Bills), just as the Debt Management Office, DMO, said it will raise N110 billion on Wednesday through the issuance of bonds with maturities ranging from between five to ten years.
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CBN to mop up N826bn from circulation