CBN Sets for N1.15trn Nigerian Treasury Bills Sales
The Central Bank of Nigeria (CBN) is set to conduct its first Treasury Bills (T-Bills) auction for the month on February 4, 2026. The total offer size is ₦1.15 trillion, split across three maturities.
The auction, which is expected to be conducted by the Debt Management Office (DMO) on behalf of the monetary authority, is anticipated to be oversubscribed due to healthy liquidity levels in the financial system.
At the auction, Nigerian Treasury bills with 91 days maturity worth N150 billion will be offered for subscription. Also, the CBN would open 182-day maturity worth N150 billion, and N364 bills totaling N800 billion bills will be offered.
Analysts at AAG Capital Limited anticipate ultimate convergence following the CBN 1Y-OMO print at the rate of 17.25% at the auction last week, to clear out interbank largesse at over N4 trillion.
NTB investors have mostly never had a suitable alternative, AAG Capital Limited said, which makes it easy for the Debt Management Office at tomorrow’s outing in the trillion-series. Money Market Rates Mixed, OMO Bill Debit Soaks Up Liquidity
