CENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILLS
Notice is hereby given by the Central Bank of Nigeria on behalf of DMO that the Federal Government of Nigeria Treasury Bills of 91, 182 and 364-day tenors amounting to N39,006,249,000, N48,453,841,000 and N86,685,800,000, respectively would be issued by Dutch auction on Thursday, September 14, 2017.
All Money Market Dealers should submit bids through the CBN S4 WEB INTERFACE between 9:00 a.m. and 11:00 a.m. on Wednesday, September 13, 2017.
Each bid must be in multiple of N1,000 subject to a minimum of N50,001,000. Authorized Money Market Dealers are allowed to submit multiple bids. A bid may be for authorized Money Market Dealers own account, Non – Money Market Dealers or interested members of the public. The result of the auction would be announced by 11:30 a.m. on Wednesday, September 13, 2017. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, September 14, 2017, while payment for the successful bids should be made to your account with Central Bank of Nigeria not later than 11:00 a.m. on Thursday, September 14, 2017.
The Bank reserves the right to vary the amount on offer in line with market realities prevailing as at the period of auction of the Nigerian Treasury Bills.
Government Securities Office
Central Bank of Nigeria