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CBN cuts rates at March 25 NTB auction amid liquidity glut

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CBN cuts rates at March 25 NTB auction amid liquidity glut

27 Mar, 2026

The Central Bank of Nigeria (CBN) has cut interest rates across two key tenors at its March 25, 2026 Treasury Bills (NTB) auction, reflecting a downward adjustment in yields amid a liquidity glut exceeding N8 trillion in the financial system. This is according to auction result data obtained by Nairametrics, which showed that stop rates on the 182-day and 364-day instruments declined by 20 basis points to 16.42% and 16.43% respectively, while the 91-day bill remained unchanged at 15.95%..................…...READ MORE