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