Nigeria Business & Finance Updates

Treasury Bills Auction Results Oct 16, 2019

Primary Market

Date of Auction 10/16/2019
Tenor
Maturity Date
91
1/16/2020
182
4/16/2020
364
10/15/2020
Amount Offered (N mn) 5849.034 3500 11,2535.643
Subscriptions (N mn) 9,385.846 38,089.612 58,6638.186
Total Successful (N mn) 5,849.034 3,500 11,2535.643
Range of Bid Rates 10.200-11.700 11.0000-12.7500 12.2500-17.0000
Successful Bid Rates 10.200-10.800 11.0000-11.0000 12.2500-12.9400
Marginal Rate 10.80 11.00 12.94

Source: www.cbn.gov.ng

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