Thursday, January 17, 2019 5:45:54 PM- Nigerian Stock Exchange.



  Result from today's T-Bills Primary Market Auction

      Nov 14 2018

Nov 14 (Lagos) - Below are the results from today's Nigerian Treasury Bills Primary Market Auction. 



Both the 182 day 364 day bill were heavily over subscribed but was there was no over allotment. 



The stop rate of 14.45% on the 364 day bill means that the effective yield will climb above 16% and money will pour into these instruments in coming days. 

Auction  Date

14/11/2018

14/11/2018

14/11/2018

Allotment / Issue  Date

15/11/2018

15/11/2018

15/11/2018

Tenor

(91-Day)

(182-Day)

(364-Day)

Offer Amount  (=N=)

3,384,180,000

16,920,900,000

107,938,478,000

Subscription (=N=)

3,682,039,000

71,961,839,000

328,263,483,000

Allotment (=N=)

3,384,180,000

16,920,900,000

107,938,478,000

Range of Bid Rates (%):

10.8000 – 12.0000

11.5000 – 14.0000

13.7000 – 15.9500

Stop Rates (%):

10.9500

13.1600

14.4500

reporting for easykobo.com on Wednesday, Nov 14 2018 from Lagos, Nigeria



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TOp 5 Gainers

0.67
9.84%
2.26
9.71%
0.24
9.09%
0.26
8.33%
0.54
8.00%

TOp 5 Losers

5.95
-40.50%
3.56
-9.87%
0.28
-9.68%
0.2
-9.09%
1.46
-8.18%
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