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CBN To Issue N995 Billion Treasury Bills In Q2

Nigeria plans to issue new Treasury bills worth N995.5 billion from March 19, the Central Bank of Nigeria (CBN) said on its debt issuance calendar … Continue reading CBN To Issue N995 Billion Treasury Bills In Q2


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naira-notesNigeria plans to issue new Treasury bills worth N995.5 billion from March 19, the Central Bank of Nigeria (CBN) said on its debt issuance calendar on Friday.

The debt will have tenors of between 3-month and 1-year maturities, the bank said.

The bank will issue a total of N202.25 billion of the 3-month maturities during the period, and a total of N236.81 billion worth of the 6-month tenor.

A total of N556.46 billion worth of the 1-year paper will be sold during the period, the bank said.

The bank said a total of N945.5 billion worth of Treasury bills issued earlier will be due for repayment during the same period.