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Home Business, Loans and Grant

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

by Oluwole Odewole
June 9, 2022
in Business, Loans and Grant
Central Bank Of Nigeria

DEADLINE: 16TH JUNE, 2022
CENTRAL BANK OF NIGERIA (CBN)
www.cbn.gov.ng
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 N5,911,100; N1,101,951,000 and N27,868/646,000 respectively would be issued by Dutch auction on Thursday, June 16,2022,

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, June 15, 2022.

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, June 15, 2022. The Bank reserves the right to reject any bid.

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