What are the uses of NITTY?

What are the uses of NITTY?

NITTY is primarily designed to support the functions of the NIBOR. Since the longer-tenured (close to 365 days) unsecured placement/takings are not very liquid in the Nigerian inter-bank market, the NITTY acts as a starting point for end users as a floating rate index for financial contracts i.e. money market instruments, retail loans, long-dated mortgages, bonds, and interest rate derivatives.

FMDQ-OXFO Partnership
With innovative technology and strategic partnerships we create a new value network and redefine the cost structure for homeownership so that more people
FMDQ Sustainability Agenda
FMDQ, through its activities, aims to achieve sustainability in the areas it actively operates and impacts, as such, its Sustainability Strategy is guided by five (5) main Sustainability Pillars…
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