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CENTRAL BANK OF NIGERIA

– DUTCH AUCTION OF NIGERIA TREASURY BILLS

CENTRAL BANK OF NIGERIA
www.cbn.gov.ng
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 N20, 372, 790, 000 ; N31,751,846,000 and N145,475,021,000 respectively would be issued by Dutch auction on Thursday, August 27, 2020. 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 26, 2020.

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 1.00p.m. on Wednesday, August 26, 2020. The Bank reserves the right to reject any bid.

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