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Nairametrics
Home Markets Fixed Income Securities

Treasury Bills Results For 9/10/2013

Nairametrics by Nairametrics
October 11, 2013
in Securities
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The CBN has published results of its last Treasury Bills auction which took place on the 9th of September 2013. If you put in a bid by now your bank should have informed you if you were successful or not. Look at the successful bid rates to see if your bid fell within the acceptable range.

 

 

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Primary Market

Date of Auction 10/9/2013 10/9/2013 10/9/2013 9/26/2013
Security Type NTB NTB NTB NTB
Tenor
Maturing On
91 Day
1/9/2014
182 Day
4/10/2014
364 Day
10/9/2014
91
12/26/2013
Amt Offered (N mn) 20159.21 43490.87 68184.89 31838.51
Subscriptions (N mn) 34,619.60 85,258.04 130,697.07 39,527.66
Tot. Successful (N mn) 20,159.21 43,490.87 68,184.89 31,838.51
Net Sales (N mn) 20,159.21 43,490.87 68,184.89 31,838.51
Range of Bid Rates 10.0000 – 12.2000 10.5000 – 15.4589 10.0000 – 15.0489 10.0000 – 13.0000
Successful Bid Rates 10.0000 – 10.8000 10.5000 – 11.6400 10.0000 – 11.7400 10.0000 – 10.8500
Marginal Rate 10.8 11.64 11.74 10.85
True Yield 11.0988 12.3572 13.2968 11.1517
Tags: CBN NigeriaNigerian Treasury BillsRESULTSTreasury Bills
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