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Rising demand for FG bonds brightens deficit funding 1-money_200_200

NIGERIA: Monumental increase in investors’ demand for government securities like Treasury Bills (TBs) and sovereign bonds has enhanced government’s capacity to fund its expected budget deficit of 2.97 percent or N1.105 trillion in the 2012 fiscal year.   This is because rising risks in the equities market following a streak of losses; and paucity of [...]

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