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CBN To Auction N253bn Treasury Bills

CBN To Auction N253bn Treasury Bills The Central Bank of Nigeria (CBN) will this week auction treasury bills worth N252.7 billion. A breakdown of the proposed sale of the fixed income instrument showed that the regulator will offer 91-day bills worth N6 billion; 182-day bills worth...

Average T-bills Yield Settles At 14.64%

Average T-bills Yield Settles At 14.64% Bearish sentiments characterised the secondary market for Treasury bills on Tuesday, as the yield on all tenors advanced. The yields on the one-month, six-month, nine-month and 12-month instruments advanced by 0.13 per cent, 0.96 per cent, 0.07 per cent, 0.06...

Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months

Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months Transactions in the fixed income and currency markets rose by 21.9 per cent to hit N14.85 trillion in November from N12.18 trillion in October. The increase in November has lifted the total value of...

CBN Issues N32bn T-Bill to Tighten Liquidity

CBN,The Central Bank of Nigeria sold N31.94bn ($104.76m) in Treasury bills in a bid to tighten liquidity in the money market while overnight lending rate fell. Traders said the bank sold N31.52bn of 349-day Treasury bill at 18.59 per cent and N440m of 160-day Treasury...

CBN to Auction N1.24tr Treasury Bills

The Central Bank of Nigeria (CBN) plans to sell N1.24 trillion ($4.1 billion) worth of treasury bills (T-bills) from June 15 to August 31, the regulator’s debt calendar for the third quarter has shown. The bank aims to auction N226.64 billion in 91-day bills, N311.32...

FG To Raise N236.6bn Treasury Bill

The federal government plans to sell N236.66 billion of short-dated treasury bills (T-bills) at an auction on June 14, the Central Bank of Nigeria (CBN) has said. The apex banking regulating body said it plans to sell N39 billion of three-month debt, N23.02 billion of...