Treasury Bills: CBN to issue sum of N1trn in Q4 2019

Image result for Treasury Bills: CBN to issue sum of N1trn in Q4 2019The Central Bank of Nigeria is set to sell N1tn worth of Treasury bills in the fourth quarter of the year across three instruments.

That’s according to the Apex Bank’s issue programme for the year. It would offer 91-day bills worth N90.62 billion; likewise 182-day bills worth N90.18 billion and 364-day bills worth N821.84 billion from September to December.

Last week, the CBN held one primary market auction and two Open Market Operations auctions.

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