MarketForces Africa·3 min read·hard
CBN To Auction N700 Billion Worth Of Nigerian Treasury Bills
J
Julius Alagbe
✦AI Summary
The Central Bank of Nigeria is set to auction N700 billion in Treasury bills this Wednesday across various maturities. Analysts expect strong demand due to high liquidity in the financial system and the current interest rate environment.
The Central Bank of Nigeria (CBN) is scheduled to auction Nigerian Treasury bills totalling N700 billion to money market investors on Wednesday. The semi-monthly auction, which will be conducted by the Debt Management Office (DMO), would target subscriptions across standard tenors, traders said.
economybusiness
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