Nigeria Business & Finance Updates

Treasury Bills Auction Results January 15 , 2020

Date of Auction1/15/2020
Tenor
Maturity Date
91
4/15/2020
182
7/16/2020
364
1/14/2021
Amount Offered (N mn) 5849 26600 193000
Subscriptions (N mn) 52,201.69 87,927.93 277,513.21
Total Successful (N mn) 5,849.03 266,000.00 193,000.00
Range of Bid Rates 2.7400-6.0000 3.0000-6.0000 4.0000-14.4990
Successful Bid Rates 2.7400-2.9500 3.0000-3.9500 4.0000-5.0900
Marginal Rate 2.95 3.95 5.09

Source: www.cbn.gov.ng

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