Nigeria Business & Finance Updates

Treasury Bills Auction Results December 18 , 2019

Nigerian Treasury bills
Date of Auction 12/18/2019
Tenor
Maturity Date
91
3/19/2020
182
7/2/2020
364
Amount Offered (N mn) 2000 2000
Subscriptions (N mn) 24,716.84 18,681.65
Total Successful (N mn) 2,000.00 20,000.00
Range of Bid Rates 3.0000-6.2700 3.8400-6.5000
Successful Bid Rates 3.0000-4.000 3.8400-4.9000
Marginal Rate4 5

Source: www.cbn.gov.ng

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