Q’4 2018: CBN To Float N1.02trn Fresh Treasury Bills

CBN

 

The Central Bank of Nigeria (CBN) said it will issue fresh treasury bills (TBs) worth N1.02 trillion  in the last quarter of 2018.

The apex bank disclosed this in its TB issuance programme for the fourth quarter released during the weekend.

The fresh TBs to be issued during the quarter comprised N62.6 billion worth of 91-Days TBs, N148.7 billion worth of 182-Days TBs and N812.4 billion worth of 364-Days TBs.

Analysis indicated that from this week to the end of this month, the CBN will issue N318.5 billion of TBs comprising N11.6 billion worth of 91-Days bills, N12.4 billion worth of 182-Days bills and N294.5 billion worth of 364-Days bills.

In October, the apex bank will issue N281.1 billion worth of TBs comprising N15.4 billion worth of 91-Days bills, N46.8 billion worth of 182-Days bills and N218.9 billion worth of 364-Days bills.

In November, the apex bank will issue N424 billion worth of TBs comprising N35.6 billion of 91-Days bills, N89.4 billion worth of 182-Days bills and N299 billion worth of 364-Days bills.

 

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