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Home Markets Fixed Income Securities

Treasury Bills Sale Is Set For Wednesday Next Week (August 6th)

Nairametrics by Nairametrics
August 1, 2014
in Securities
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Nigeria plans to raise N195.17 billion in short-dated treasury bills at an auction next Wednesday, the central bank said on Friday.

The bank said it plans to raise 45.17 billion naira in one month treasury bills, 50 billion naira in 6-month paper and 100 billion naira in the one year debt note.

Traders said yields on the debt are expected to fall in line with the trend seen at the previous auction since June. ($1 = 161.35 naira)

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Source: Reuters

 

Tags: CBN NigeriaNigerian Treasury BillsTreasury Bills
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Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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