Nigerian Treasury Bills Tracker (Updated October 4, 2017)

This is an up to date breakdown of treasury bills sales made by the Central Bank of Nigeria since 2017.

wdt_ID Auction Date Tenor Maturity Date Total Subscription Successful Subs Range Bid Succesful Bid Rate Rate True Yield Amount Offered in Nm
1 04-10-2017 91 04-01-2018 12,370 11,770 12.8950 - 16.9000 12.8950 - 13.2500 13.25 13.70 28,694
2 04-10-2017 182 05-04-2018 49,920 12,230 15.0000 - 17.3000 15.0000 - 15.4990 15.50 16.80 33,491
3 04-10-2017 364 04-10-2018 465,732 106,371 15.0000 - 18.8000 15.0000 - 15.7253 15.73 18.65 68,185
4 13-09-2017 91 14-12-2017 22,974 22,924 13.1500 - 17.0000 13.1500 - 13.2500 13.25 13.70 39,006
5 13-09-2017 182 15-03-2018 25,337 25,137 16.0000 - 21.0000 16.0000 - 17.3610 17.36 19.01 48,454
6 13-09-2017 364 13-09-2018 338,927 126,085 17.0000 - 19.5000 17.0000 - 17.7500 17.75 21.57 86,686
7 30-08-2017 91 30-11-2017 26,144 26,144 13.2950 - 13.3000 13.2950 - 13.3000 13.30 13.76 26,144
8 30-08-2017 182 01-03-2018 30,685 30,000 16.8000 - 18.0000 16.8000 - 17.3610 17.36 19.01 62,000
9 30-08-2017 364 30-08-2018 180,456 137,000 18.0000 - 18.6789 18.0000 - 18.5200 18.52 22.72 105,000
10 16-08-2017 91 16-11-2017 33,040 32,437 13.2900 - 18.5000 13.2900 - 13.3500 13.35 13.81 32,437
Auction Date Tenor Maturity Date Total Subscription Successful Subs Range Bid Succesful Bid Rate Rate True Yield Amount Offered in Nm

This tracker also shows auction date, tenor, the rate the CBN will be pay, the true yield, maturity date and the amount subscribed.

Treasury Bills are government securities sold by the CBN to the general public in return for interest payments. Treasury Bills have a tenor of 91 days, 182 days and 364 days respectively. It is used to fund government expenditure and also used as a monetary policy tool by the CBN. The Central Bank of Nigeria auctions treasury bills to the public every fortnight.

This tracker is updated every fortnight and dates back to January 2017. Send us an email if you want prior dates and other data. info@nairametrics.com.

5 COMMENTS

  1. I recently invested in treasury bills as a way of holding some money for later use. I was told that for a N500000 face value Tbills I will get N67500 at 13.5% for 91days tenor. It looked attractive and I bidded. My debit alert indicated something wrong then I got the certificate and scolded myself for locking in 500k for 3 whole months for paltry 16k. Do you think that my bank defrauded me?

  2. nope you were not defrauded. you got 13.5% which is about 67500 but the rate was then prorated for 1/4 of the year which is what 3 months stand for. that gives u about 16,875. SInce you got 16k perhaps the extra 875 naira may have gone for charges etc

  3. Nnamdi there is certainly nothing wrong with your bank. Since you paid N 500, 000 at an annual rate of 13.5%, which is an interest amount of N67, 500 for one year. But for 91 days which is 3 months, you divide N67, 500 by 4 because one year = 12 months which is = 4 * 3. So, you should get N16, 875 but your N875 was used for the payment of the accompanying bank fees. So, nobody cheated you.

    Osichukwu Services Consultancy can also always be of assistance to your financial problems, Contact: 09032665271. chuteckk1@gmail.com for all your financial concerns.

    Contact person
    Ositadinma Chukwuemeka. A.

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