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CBN to auction N814.78b in treasury bills



The Central Bank of Nigeria, CBN, has announced that it plans to auction N814.78 billion in Treasury bills from September 17 to December 3

The bank, according to its data on Friday, said it will auction N215.14 billion worth of the 3-month paper, N193.64 billion in the 6-month debt and N406 billion worth of 1-year paper.

According to the bank, the total debt proposed for the fourth quarter would be 6.66 per cent short of the N872.96 billion raised earlier in the year.