Nigeria Business & Finance Updates

Treasury Bills Auction Results March 11 , 2020 Incomplete

Date of Auction 2/12/2020
Tenor
Maturity Date
91
6/11/2020
182
8/13/2020
364
2/11/2021
Amount Offered (N mn) 1800 10000.00 14000.00
Subscriptions (N mn) 29,826.78 52,498.04 205,479.53
Total Successful (N mn) 1800 10,000.00 140,000.00
Range of Bid Rates 2.45-6.8799 2.8000-9.5000 5.4000-13.1800
Successful Bid Rates 2.4500-6.8799
2.8000-9.5000 5.4000-6.5432
Marginal Rate 2.48 4 6.5432

Source: www.cbn.gov.ng

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