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CBN Orders Banks To Stop Tbills Sale To Firms, Individuals

CBN Orders Banks To Stop Tbills Sale To Firms, Individuals   The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of treasury bills to individuals and small firms with effect from November 29. Some bank officials who...

CBN Releases October Treasury Bills Auction Results

CBN Releases October Treasury Bills Auction Results   The Central Bank of Nigeria has released the results of its Treasury bills auctioned on October 30, 2019. It said the range of bid rates for the 91-day tenor was 9.2500 to 11.0000 while that of the 182-day tenor...

CBN’s Treasury Bills Auction Oversubscribed By N433.06bn

CBN’s Treasury Bills Auction Oversubscribed By N433.06bn   The Central Bank of Nigeria has recorded a N433.06bn (327 per cent) oversubscription in its Treasury Bills auction, which took place on Wednesday. The CBN offered N132.56bn worth of treasury bills in a Dutch auction across the 91-day, 182-day...

CBN To Auction Treasury Bills Worth N93.13bn

CBN To Auction Treasury Bills Worth N93.13bn   the Central Bank of Nigeria is billed to auction N93.13bn worth of treasury bills in a Dutch auction at the end of the month. The CBN said in its tender notice on Wednesday that the treasury bills spread across...

Nigerian Treasury Bills Oversubscribed By N204.7bn

Nigerian Treasury Bills Oversubscribed By N204.7bn   The Nigerian Treasury Bills auctioned on Wednesday was oversubscribed by N204.7bn, the Debt Management Office revealed in its auction result on Wednesday. A total of N133.97bn was offered comprising N10bn (91-day tenor), N17.6bn (182-day tenor), and N106.37bn (364-day tenor). It recorded...

CBN To Sell Treasury Bills Worth N1trn In Q4

CBN To Sell Treasury Bills Worth N1trn In Q4   The Central Bank of Nigeria plans to sell N1trn worth of Treasury bills in the fourth quarter of the year across three instruments. The CBN, in its issue programme for the fourth programme released on Wednesday, said...