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Home Business Economy & 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
February 7, 2017
in Economy & 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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Tags: News ReviewTreasury Bills
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