AUCTION
CENTRAL BANK OF NIGERIA
ON BEHALF OF DEBT MANAGEMENT OFFICE (DMO) OFFERS NIGERIAN TREASURY BILLS
DEADLINE: 13TH AUGUST, 2020
Notice is hereby given by the Central Bank of Nigeria on behalf of DMO that the
Federal Government of Nigeria Treasury Bills of 91, 182 and 364-day tenors
amounting to N19,783,588,000; N10,000,000,000 and N27,000,000,000
respectively would be issued by Dutch auction on Thursday, August 13, 2020.
All Money Market Dealers should submit bids through the CBN S4 WEB
INTERFACE between 8.00 a.m. and 11.00 a.m. on Wednesday, August 12,
2020.
Each bid must be in multiple of N1,000 subject to a minimum ofN50, 001,000.
Authorized Money Market Dealers can submit multiple bids. A bid may be for
authorized Money Market Dealers own account, non – Money Market Dealers
or interested members of the public. The result of the auction would be
announced by 1.00 p.m. on Wednesday, August 12, 2020. The Bank reserves
the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, August 13,
2020, while payment for the successful bids should be made to your account
with Central Bank of Nigeria not later than 11.00 a.m. on Thursday, August 13,
2020.
The Bank reserves the right to vary the amount on offer in line with
market realities prevailing as at the period of auction of the Nigerian
Treasury Bills.
GOVERNMENT SECURITIES OFFICE
CENTRAL BANK OF NIGERIA
ABUJA
