Nigeria Business & Finance Updates

Treasury Bills Auction Results January 29 , 2020

DMO
Date of Auction 1/29/2020
Tenor
Maturity Date
91
4/30/2020
182
7/30/2020
364
1/28/2021
Amount Offered (N mn) 28018.956 33684.524 167932.674
Subscriptions (N mn) 53,171.65 57,781.36 152,708.01
Total Successful (N mn) 49,839.65 54,592.59 125,203.92
Range of Bid Rates 2.0000-9.400 3.0000-10.5000 4.0000-15.0000
Successful Bid Rates2.0000-3.5000 3.0000-4.0000 4.0000-6.5000
Marginal Rate 3.5 4.5 6.5

Source: www.cbn.gov.ng

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