CBN Plans N917.14bn Of Treasury Bills In The Next One Month | The Precision

0
22
CBN Tower, Abuja
Nigeria plans to sell 917.14 billion naira worth of
treasury bills between September 14 and November 30, 2017, a central bank debt
calendar for the fourth quarter showed on Wednesday. 

 

The bank aims to auction 209.85 billion naira in 91-day bills, 197.89 billion in 182-day and 509.39 billion in 364-day debt. 
The
central bank sells treasury bills twice a month to help fund the
government’s budget deficit and support commercial banks in managing
liquidity. 
 
Source: Reuters

Donate to Precision

LEAVE A REPLY

Please enter your comment!
Please enter your name here