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CBN Plans To Sell Treasury Bills

The Central Bank of Nigeria plans to sell N1.24 trillion worth of treasury bills from June 15 to August 31. The bank aims to auction … Continue reading CBN Plans To Sell Treasury Bills


CBN Reviews Capitalisation Of Tier 2 Microfinance Banks
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CBN Mandates Banks On PTAs, School FeesThe Central Bank of Nigeria plans to sell N1.24 trillion worth of treasury bills from June 15 to August 31.

The bank aims to auction N226.64 billion in 91-day bills, N311.32 billion in 182-day and N698.64 billion in 364-day debt.

The CBN sells treasury bills twice a month to help fund the government’s budget deficit and support commercial banks in managing liquidity.

On Thursday, the DMO also announced plans to start an international road show next week for the sale of a diaspora bond.