Nigeria Business & Finance Updates

Treasury Bills Auction Results Oct 2, 2019

Primary Market

Date of Auction 10/2/2019
Tenor
Maturity Date
91
1/2/2020
182
4/2/2020
364
10/1/2020
Amount Offered (N mn) 10,000 17,600.581 106,370.499
Subscriptions (N mn) 10,390.195 19,591.836 308,196.553
Total Successful (N mn) 10,000 17,600.581 106,370.499
Range of Bid Rates 10.900-17.000 11.300-15.000 12.900-15.100
Successful Bid Rates 10.9000-11.0845 11.300-11.600 12.900-13.200
Marginal Rate 11.0845 11.60 13.20

Source: www.cbn.gov.ng

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