Everything you need to know about Treasury Bills
What are Treasury Bills? Treasury Bills are short term government debt instruments issued by the CBN. This is one of the several ways the government raises funds. The CBN also uses treasury bills to control money supply in the economy. How are Treasury Bills Sold? Treasury Bills are sold through a bi-weekly auction conducted by […]
Ahead of Auction | Nigerian Treasury Bill | May 16 2019
The Central Bank of Nigeria will be holding their 6th NTB auction of the year where it plans to rollover N50 billion worth of Nigerian Treasury bills split between 91 Day – N18 billion, 182 Day – N17 billion and 364 Day – N20 billion. Tenor Amount sold at the last auction (N billions) […]