Nigeria Business & Finance Updates

Treasury Bills Auction Results January 2 , 2020

Date of Auction1/2/2020
Tenor
Maturity Date
91
4/2/2020
182
7/2/2020
364
Amount Offered (N mn) 10000 20000
Subscriptions (N mn) 37,150.77 31,631.61
Total Successful (N mn) 10,000.00 20,000.00
Range of Bid Rates 3.0000-14.0000 3.8400-6.5000
Successful Bid Rates 3.0000-3.5000 3.8400-4.9000
Marginal Rate 3.5 4.9

Source: www.cbn.gov.ng

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