CENTRAL BANK OF NIGERIA ON BEHALF OF DMO OFFERS NIGERIAN TREASURY BILL TENDER NOTICE

CENTRAL BANK OF NIGERIA ON BEHALF OF DMO
OFFERS NIGERIAN TREASURY BILL

TENDER NOTICE

Notice is hereby given by the central bank of Nigeria on behalf of DMO that the Federal Government of Nigeria Treasury Bill 0f 91, 182 and 364-day tenors amounting to N23,055,473,000 N23,432,803,000 and N54,353,587,000 respectively would be issued by Dutch auction on Thursday, November 02, 2017.

All Money Market Dealers should submit bids through the CBN S4 WEB INTERFACE between 9.00 a.m.  and 11.00 a.m. on Wednesday, November 01, 2017.

Each bid must be in multiple of N1,000 subject to a minimum of N50,001,000. Authorized Money Market Dealers are allowed to 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 11.30 a.m. on Wednesday, November 01, 2017. The Bank reserves the right to reject any bid.

Allotment letters would be issued for successful bids on Thursday, November 02, 2017, 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, November 02, 2017.

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.