Thursday, January 17, 2019 5:51:47 PM- Nigerian Stock Exchange.



  May 30 - Results of today's T-Bills Primary Market Auction

      

May 30 (Lagos) - We are back from the Democracy Day break and things are getting busy. 



Below are the results of today's (May 30 2018) Nigerian Treasury Bills Primary Market Auction.



Although there was over-subscription across the tenors, the allotment was not increased. This is likely to sent yields lower. 

 

Auction  Date

30/05/2018

30/05/2018

16/05/2018

Allotment / Issue  Date

31/05/2018

31/05/2018

17/05/2018

Tenor

(91-Day)

(182-Day)

(364-Day)

Offer Amount  (=N=)

4,960,588,000

24,802,939,000

19,842,352,000

Total Subscription (=N=)

5,210,588,000

34,853,939,000

62,983,039,000

Allotment (=N=)

4,960,588,000

24,802,939,000

19,842,352,000

Range of Bid Rates (%):

9.7000 – 12.0000

10.0000 – 13.2000

10.0000 – 12.5000

Stop Rates (%):

10.0000

10.3000

11.0000

reporting for easykobo.com on Wednesday, May 30 2018 from Lagos, Nigeria




Source - analysts at AIICO Capital Ltd in Victoria Island



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