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

Posted by News Express | 5 September 2015 | 3,315 times

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The Central Bank of Nigeria (CBN) says it plans to auction N814.78 billion in Treasury bills between Sept. 17 and 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. (NAN)

•Photo shows Mr. Emefiele

 


Source: News Express

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