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Home Business, Loans and Grant

Central Bank Of Nigeria (CBN)- Invitation To Bid For Nigerian Treasury Bills (December, 2021)

by Oluwole Odewole
December 8, 2021
in Business, Loans and Grant
Central Bank Of Nigeria - Cbn Loan

DEADLINE: 16TH DECEMBER, 2021
CENTRAL BANK OF NIGERIA
TENDER NOTICE
CENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILLS

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 N960,660,000; N1,101,951,000 and N3,800,000,000 respectively would be issued by Dutch auction on Thursday, December 16, 2021.

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, December 15, 2021.

Each bid must be in multiple of N 1,000 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 1.00 p.m. on Wednesday, December 15.2021. The Bank reserves the right to reject any bid.

Allotment letters would be issued for successful bids on Thursday, December 16,2021, 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, December 16, 2021.

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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.

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