Nigeria to raise 50.4 bln naira in 3-, 6-month Treasury bills

Wed Jul 1, 2015/Reuters

Nigeria plans to raise 50.4 billion naira ($253 million) worth of Treasury bills of 3-month and 6-month maturities at an auction on July 8, the central bank said on Wednesday.

The bank said it will sell 25.40 billion naira worth of the 91-day paper and 25 billion naira of the 182-day debt, using the Dutch Auction System (DAS). Results of the auction are usually published a day after the auction.

 

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