The CBN Plans Sale of N1.22 trillion Treasury Bills In The Next 12 Weeks and Will Sell on Xmas Day
- The Central Bank has announced plans to borrow about N1.22
trillion via sale of Treasury Bills in the First Quarter of 2014.
- The sale is for the period between December 18, 2014 to
March 5 2014.
- It will issue N230.88 billion worth of 91-day
treasury bills,
- N291.53 billion of 182 day paper and N700.56
billion in one year between Dec. 18 to March 5, next year.
- It even plans to issue TBs on Xmas day with N21.5b and N31.8
for 91 and 182 day papers respectively.
- Press release
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