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Home Business News Politics

The CBN Plans Sale of N1.22 trillion Treasury Bills In The Next 12 Weeks and Will Sell on Xmas Day

Nairametrics by Nairametrics
December 20, 2014
in Politics
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  •  The Central Bank has announced plans to borrow about N1.22 trillion via sale of Treasury Bills in the First Quarter of 2014.
  • The sale is for the period between December 18, 2014 to March 5 2014.
  • It will issue N230.88 billion worth of 91-day treasury bills,
  • N291.53 billion of 182 day paper and N700.56 billion in one year  between Dec. 18 to March 5, next year.
  • It even plans to issue TBs on Xmas day with N21.5b and N31.8 for 91 and 182 day papers respectively.
  • Press release

 

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