Monday, May 28, 2018 6:18:27 AM- Nigerian Stock Exchange.



  Result from today's T-Bills Primary Market Auction

      

April 18 (Lagos) - Below are the results from today's Nigerian Treasury Bills Primary Market Auction. 



The subscription was extremely bullish across all tenors and the yields fell as expected.



This is a good note for the overall economy. We are finally bouncing back. While the 19|% yeild of last year was excellent for T-bills investors, it was a flashing red light for the economy and we should be happy those days are over for the sake of the Macro environment. 

Kindly find below results of today’s Nigerian Treasury Bills Primary Auction:

 

Auction  Date

18/04/2018

18/04/2018

18/04/2018

Allotment / Issue  Date

19/04/2018

19/04/2018

19/04/2018

Tenor

(91-Day)

(182-Day)

(364-Day)

Offer Amount  (=N=)

5,849,034,000

29,245,168,000

23,396,134,000

Total Subscription (=N=)

18,539,220,000

46,578,911,000

374,006,821,000

Allotment (=N=)

5,849,034,000

29,245,168,000

23,396,134,000

Range of Bid Rates (%):

10.9000 – 13.0000

11.5000 – 13.6000

11.5000 – 15.1000

Stop Rates (%):

10.9000

12.0000

12.0780




reporting for easykobo.com on Wednesday, April 18 2018 from Lagos, Nigeria



Source - analysts at AIICO Capital Ltd



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