Wed Mar 30, 2016/Reuters Nigeria plans to raise 218.89 billion naira ($1.10 billion) in short-dated treasury bills on April 7, the central bank said on Wednesday. The bank said it will sell 55.40 billion naira of three-month and 33.49 billion naira of six-month bills and 130 billion naira of one-year […]
Tag: Treasury Bill
Nigerian interbank rate eases after liquidity rises
Feb 13, 2016/Reuters Nigeria’s overnight interbank lending rate eased to an average of 0.75 percent on Friday from around 3 percent midweek after the central bank let cash flow into the market from matured treasury bills, traders said. The central bank injected around 234 billion naira ($1.2 billion) in matured […]
CBN sells N157bn T-bills at lower yields
The Central Bank of Nigeria sold N157.05bn ($994.62m) worth of treasury bills on Wednesday at yields lower than its previous auction on the back of strong demand from offshore investors and local fund managers. The CBN sold N22.05bn in 91-day notes at a return of 10.30 per cent, marginally lower […]
