Browsing: Auction

Debt Management Office (DMO) has raised N7.6 trillion via Federal Government of Nigeria

The average yield on Nigerian government treasury bills increased as fixed-income market investors rebalanced their portfolios ahead of the inflation rate announcement.

The Central Bank of Nigeria (CBN) increased the discount rate on 364-day Nigerian Treasury bills (NTB) 17.59% at the midweek auction, amid significant oversubscription. 

MarketForces Africa – The Central Bank of Nigeria (CBN) is scheduled to conduct a primary market auction on Wednesday, targeting N700 billion across standard tenors.

The Central Bank of Nigeria (CBN) has opened N400 billion worth of local treasury bills for subscription on Wednesday, bringing the total number of auctions in the quarter to eight, rather than the seven initially proposed.

The Central Bank of Nigeria (CBN) is expected to float an open market operation, where short-term investment securities, OMO bills, will be deployed to mop up excess liquidity in the financial system.

The Central Bank of Nigeria (CBN) conducted three OMO auctions last week, all of which attracted strong investor participation

CBN Hikes Nigerian Treasury Bills Rates Across Durations The Central Bank of Nigeria (CBN) hiked spot rates on Treasury bills…

CBN Hikes Interest on Treasury Bills Above Inflation Rate The spot rate on Nigerian Treasury bills has been increased by…

Central Bank to Auction N700bn in Nigerian Treasury Bills The Central Bank of Nigeria (CBN) will auction Nigerian Treasury bills…