CBN Sold One Year Treasury Bills Last Week At a True Yield of 19%!!!

• The Central Bank on Wednesday sold N110.39b worth of  one year treasury bills at a rate of 15.99% delivering  a true yield of 19%
• The last time it sold  one year treasury bills its true yield was 14.2%
• It also sold N51.3billion 182 day treasury bills at a rate of 13.8% delivering a true yield of 14.8%
• It sold N33.8billion worth of 91day treasury bills at a rate of 11% delivering a true yield of 11.3%
• The auction was done on the 17th of December 2014
• CBN DATA