No. The NITTY will not replace the NIBOR. Since long-term unsecured funds are not actively traded in the Nigerian inter-bank market, it is simply designed to give all stakeholders an immediate solution and provide alternative sources as the need for derivatives instruments becomes more pressing. NIBOR will give stakeholders a comparable reference platform eventually when unsecured funds become actively traded. Thus, NITTY will be a risk-free benchmark and NIBOR a prime-risk benchmark.