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CENTRAL BANK OF NIGERIA-

DUTCH AUCTION OF NIGERIAN 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 N2,000,000,000; N2,000,000,000 and N3,000,000,000 respectively would be issued by Dutch auction on Thursday, December 17, 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, December 16, 2020.

Each bid must be in multiple of NI,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, December 16, 2020. The Bank reserves the right to reject any bid.
Allotment letters would be issued for successful bids on Thursday, December 17, 2020, while payment for the successful bids should be made to your account with Central Bank of Nigeria not later than I1.00 a.m. on Thursday, December 17, 2020.

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