UPDATED: FG redeems N639bn Treasury Bills with $2.5bn Eurobond proceeds
The Nigeria’s federal government redeemed N638.897 billion worth of matured Treasury Bills between January and June 2018 as it continues to implement a debt strategy which targets to reduce borrowing costs and encourage more of long term, external borrowing against taking the costlier, short-term domestic money. This brings the total TBs redeemed so far to…