Market News

Nigeria to sell 917.14 bln naira of bills from Sept 14 to Nov 30 - REUTERS

SEPTEMBER 13, 2017

LAGOS, Sept 13 (Reuters) - Nigeria plans to sell 917.14 billion naira worth of treasury bills between Sept. 14 and Nov. 30, a central bank debt calendar for the fourth quarter showed on Wednesday.

The bank aims to auction 209.85 billion naira in 91-day bills, 197.89 billion in 182-day and 509.39 billion in 364-day debt.

The central bank sells treasury bills twice a month to help fund the government’s budget deficit and support commercial banks in managing liquidity. (Reporting by Chijioke Ohuocha; Editing by Catherine Evans)

SEE HOW MUCH YOU GET IF YOU SELL

NGN
USD
GBP
EUR
Real Time Analytics