Saturday, March 07, 2015

CBN to sell N995bn treasury bills in Q2


The Central Bank of Nigeria says it will issue new treasury bills worth N995.5bn in the second quarter of 2015.
The bank made this known in the Debt Issuance Calendar posted on its website on Friday.
It said the bills would range from 91, 182-day tenors to a year tenor.
It added that the 91 and 182-day tenors were worth N202.25bn and N236.81bn respectively.
The apex bank said the one year tenor would be worth N556.46bn
It stated that during the period, it would settle an earlier bill worth N945.5bn, which also ranged from 91-day tenor to one year.

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