CBN Set to Sell N1.2trn Treasury Bills by Q3’22
The Central Bank of Nigeria, CBN, said it will sell N1.2 trillion worth of Treasury Bills (TBs) in the third quarter of 2022 (Q3’22).
The apex bank disclosed this today in its Nigeria Treasury Bills Issue Programme...
N143 Billion Treasury Bills Auction Records 47% Oversubscription - CBN
The Central Bank of Nigeria’s (CBN) Treasury Bills worth N143.88 billion for a 1-year tenor, which was auctioned on Wednesday, 25th of May 2022, accumulated a total subscription of N210.82 billion, representing 147% of the...
Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn
Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...
Interbank Rates To Ease Further On N822.08bn Boost In Financial System Liquidity
There are indications that interbank rates will ease further this week amid anticipated boost in financial system liquidity, as treasury bills worth N822.08billion will mature via Open Market Operation (OMO).
“We expect the market...
FG Borrowed N3.2trn Through T-Bills In 2020
The Federal Government borrowed N3.2 trillion from the investing public through treasury bills, T-Bills, in 2020, while it paid N253 billion as interest on TB borrowings from January to September 2020.
This represents marginal increase of 1.9 percent, year-on-year,...
CBN Slashes Treasury Bills Sale By 62% To N7.77trn
The Central Bank of Nigeria sold N7.77 trillion worth of secondary market (Open Market Operations) treasury bills in 2020, down by 62 percent from N13.92 trillion sold in 2019.
Secondary market (Open Market Operations, OMO) treasury bill...