CBN to auction N795.427bn treasury bills in Q1 of 2020

Image result for nigeria treasury billsThe Central Bank of Nigeria has planned to auction treasury bills worth N795.427 billion in the first quarter of 2020.

The debt instrument would be made up of 91-day, 182-day and 364-day bills.

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A breakdown of the Treasury Bills showed that the Apex bank would issue a N68.625 billion for 91-day bills, N129.036 billion for the 182-day and N597.765 billion for the 364-day .

A total of five treasury bills’ auctions would hold in the period under review.

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The bills also valued at same amount would be mature during the period.

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