The CBN has confirmed it raised N183.64 billion ($923 million) in Treasury bills at a lower yield when compared with the previous sale last month. It paid 10.5%, 14.1% and 14.15% for a 91day, 182 day and 364 days tenured treasury bills. This compares to the 10.69%, 14.5% and 14.85% it borrowed for in 91,182 and 365 days treasury bills the auction of March 26th, 2015. See break down of most recent auction;
| Auction Date | 4/8/2015 |
| Security Type | NTB |
| Tenor | 91 |
| Auction No | 08/04/2015-91 Day |
| Auction | Primary Market |
| Maturity Date | 7/9/2015 |
| Total Subscription | 25527.984 |
| Total Successful | 20159.21 |
| Range Bid | 9.5000 – 15.0000 |
| Successful Bid Rates | 9.5000 – 10.5000 |
| Description | Issue |
| Rate | 10.5 |
| True Yield | 10.7823 |
| Amount Offered (mn) | 20159.21 |
| Auction Date | 4/8/2015 |
| Security Type | NTB |
| Tenor | 182 |
| Auction No | 08/04/2015-182 Day |
| Auction | Primary Market |
| Maturity Date | 10/8/2015 |
| Total Subscription | 52053.347 |
| Total Successful | 33490.874 |
| Range Bid | 13.0000 – 15.6915 |
| Successful Bid Rates | 13.0000 – 14.1000 |
| Description | Issue |
| Rate | 14.1 |
| True Yield | 15.1663 |
| Amount Offered (mn) | 43490.874 |
| Auction Date | 4/8/2015 |
| Security Type | NTB |
| Tenor | 364 |
| Auction No | 08/04/2015-364 Day |
| Auction | Primary Market |
| Maturity Date | 4/7/2016 |
| Total Subscription | 345562.378 |
| Total Successful | 130000 |
| Range Bid | 11.0000 – 16.3185 |
| Successful Bid Rates | 11.0000 – 14.1500 |
| Description | Issue |
| Rate | 14.15 |
| True Yield | 16.4748 |
| Amount Offered (mn) | 120000 |
