Thursday, January 17, 2019 5:43:13 PM- Nigerian Stock Exchange.



  DMO to redeem N 198 Billion Treasury Bills

      

Dec 12 (Lagos) - Debt Management Office (DMO) will redeem N 198.032 billion worth of Nigerian Treasury Bills (NTB) maturing on 14 December 2017 and 21 December 2017. 



The treasury bills will be repaid in full at maturity.
 


This means that there would be no Nigerian Treasury bills Primary Market Auction to re-issue maturing treasury bills in December.
 


Analysts at AIICO Capital in V.I anticipate "this news would further depress rates and yields levels, as investors try to purchase available securities in the market."
 




reporting for easykobo.com on Tuesday, Dec 12 2017 from Lagos, Nigeria



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