CENTRAL BANK OF NIGERIA (CBN)
INVITATION TO BID FOR NIGERIAN TREASURY BILLS (NOVEMBER, 2020)
www.cbn.gov.ng
ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILLS
DEADLINE: 25TH 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 N20,372,790,000; N 19,157,656,000 and N91,071,723,000 respectively would be issued by Dutch auction on Thursday, November 26, 2020.
AlI 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 25, 2020. Each bid must be in multiple of NI,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 25, 2020. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, November 26, 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 26, 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
