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Home Business, Loans and Grant

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

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

DEADLINE: 16TH SEPTEMBER, 2021
CENTRAL BANK OF NIGERIA
www.cbn.gov.ng
INVITATION TO TENDER
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 N1,605,535,000; N5,913,188,000 and N148,361,351,000 respectively would be issued by Dutch auction on Thursday, September 16.

All Money Market Dealers should submit bids through the CBN S4 WEB INTERFACE between 8.00 am and 11.00 a.m. on Wednesday, 15 September 2021.

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 accounts, 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, September 15, 2021. The Bank reserves the right to reject any bid.

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