Central Bank Of Nigeria (CBN)- Invitation To Tender For Nigerian Treasury Bills (May 2021)

Central Bank Of Nigeria - cbn loan

DEADLINE: 26TH MAY, 2021
CENTRAL BANK OF NIGERIA (CBN)
INVITATION TO TENDER FOR NIGERIAN TREASURY BILLS (MAY 2021)

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 N24,175,790,000; N19,157,656,000 and N19,842,352,000 respectively would be issued by Dutch auction on Thursday, May 27, 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, May 26, 2021.

Each bid must be in multiples 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 1.00 p.m. on Wednesday, May 26, 2021. The Bank reserves the right to reject any bid.

Allotment letters would be issued for successful bids on Thursday, May 27, 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, May 27, 2021.

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.