AUCTIONS
CENTRAL BANK OF NIGERIA (CBN)
AUCTION SALES OF NIGERIAN TREASURY BILLS ON BEHALF OF DMO
www.cbn.gov.ng
DEADLINE: 11TH NOVEMBER, 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; N 40,093,992,000 and N87,938,478,000 respectively would be issued by Dutch auction on Thursday, November 12, 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, November 11, 2020.
Each bid must be in multiple of N1,000 subject to a minimum of N50, 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 1.00p.m. on Wednesday, November 11, 2020. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, November 12, 2020, while payment for the successful bids should be made to your account with the Central Bank of Nigeria not later than 11.00 a.m. on Thursday, November 12, 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.
