The Central Bank of Nigeria, CBN, commenced a Treasury Bills, T-Bills Primary Market Auction, PMA, on Wednesday. This is according to CBN's latest T-BIlls
In a similar fashion, people with mutual funds investments should have an alarm go off in their brains at the end of every month that chimes, "It is the end
No mention has been made of the value of the transaction but deals like this often come at a premium to the market price to arrive at fair value for both parties.