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Home Business, Loans and Grant

Central Bank Of Nigeria (CBN)- Invitation To Tender For Nigerian Treasury Bills (August 2022)

by Oluwole Odewole
August 4, 2022
in Business, Loans and Grant
Central Bank Of Nigeria

DEADLINE: 11TH AUGUST, 2022
CENTRAL BANK OF NIGERIA (CBN)
INVITATION TO TENDER FOR 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 Nl,018,499,000; Nl,820,092,000 and N 147,778,713,000 respectively would be issued by Dutch auction on Thursday, August 11,2022.

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, August 10, 2022.

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 1.00 p.m. on Wednesday, August 10, 2022. The Bank reserves the right to reject any bid.

Allotment letters would be issued for successful bids on Thursday, August 11, 2022, 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, August 11, 2022.

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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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Tags: Central Bank of NigeriaFederal TendersFinancial ServicesInvitation to TenderNigeria Treasury Bills
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