ADVERTISEMENT

CBN plans to sell N823.4bn worth of treasury bills in Q1

The Central Bank of Nigeria (CBN) says it plans to raise treasury bills worth N823.43 billion in the first quarter of 2019.

The CBN made the disclosure in its 2019 Nigerian Treasury Bills Issue programme for the first quarter of the year which was posted on its website.

ADVERTISEMENT

The apex bank said the bills, which would be rollover, would range between three months and one year papers.

They include the 91-day bills worth N51.46 billion, 182-day bills of N164.92 billion and 364-days bill worth N607.05 billion. The apex bank also said that N985.93 billion worth of treasury bills would mature the same period.

ADVERTISEMENT

They are in 91-day, 182-day and 364-day papers worth N59.02 billion, N248.84 billion and N678.06 billion respectively.

CBN sells treasury bills twice a month to help government fund its budget deficit.

The country issues treasury bills regularly as part of monetary control measures to help banks manage their liquidity and control the money supply. (NAN)


Share this article

HOW I BECAME FREE OF HIGH BLOOD PRESSURE

DIABETES TOTAL CURE

EKWENSI helps to revive and rejuvenate the Pancreas which is the root causes of Diabetes, which results to frequent urination and loss of weight, tingling of the feet’s and many.

This drug cures diabetes completely within 2months of frequent usage. Call Sam on 08124139999 or 08077776226



BREAKTHROUGH NATURAL CURE FOR PROSTRATE ISSUES IN JUST 15 DAYS!!!

You Can Prevent PROSTATE CANCER!!!

Your PROSTATE ENLARGEMENT Is REVERSIBLE

Don't Let It Threaten You!

To SHRINK And NORMALIZE Your PROSTATE Within 15 Days Without Surgery Or Chemical Drugs, Click Here!!!

Join us on


Share your story with us: 08189301900 (Whatsapp and SMS only) Email: dtonline@dailytrust.com

Complain about a story or Report an error and/or correction: +2348189301900

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.