Nigeria to raise $4bn in treasury bills in Q4 – CBN

Central Bank of Nigeria headquarters.

Central Bank of Nigeria headquarters.

04 September 2015, Lagos – The Central Bank of Nigeria (CBN) says it plans to auction N814.78 billion in Treasury bills between Sept. 17 to Dec. 3.

According to the bank’s data on Friday, it will auction N215.14 billion worth of the 3-month paper, N193.64 billion in the 6-month debt and N406 billion worth of 1-year paper.

It said that the total debt proposed for the fourth quarter would be 6.66 per cent short of the N872.96 billion raised earlier in the year.

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