Nigeria to raise 195 bln naira in Treasury bills

Wed Jul 29, 2015/Reuters

Nigeria plans to sell 195.17 billion naira ($981 million) worth of 3-month, 6-month and 1-year Treasury bills on August 5, the central bank said on Wednesday.

The bank said in a statement it would sell 45.17 billion naira worth of the 3-month paper, 30 billion naira of the 6-month bill and 120 billion naira in the 1-year debt next week, using the Dutch auction System.

The results of auction will be published the following day.

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