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.
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 |