CBN rate cut puts pressure on fixed income yields
The Central Bank of Nigeria’s decision to cut its benchmark interest rate to 23 per cent is expected to put further downward pressure on yields across the fixed income market as investors adjust to a lower interest rate environment. The Monetary Policy Committee cut the Monetary Policy Rate by 350 basis points from 26.5 per Read More: https://punchng.com/cbn-rate-cut-puts-pressure-on-fixed-income-yields/