FG to raise N100.8bn in T-bills
September 16, 2015 | 1:18 pm| | | Start Conversation
The bank said on Wednesday that it will issue new 91-day paper worth 31.19 billion naira, 10.61 billion naira in 182-day bills, and 59.08 billion naira in 1-year debt, using the Dutch Auction System.
Results of the auction are expected to be released the following day.
Nigeria issue treasury bills twice-monthly to fund the government budget deficit and manage liquidity in the banking system.
Big Read |