Oct 4 (Lagos) - Below results of today’s (OCT 4 2017) Nigerian Treasury Bills Primary Auction. There was heavy over subscription on the long end of the tenors.
|
Auction Date
|
04/10/2017
|
04/10/2017
|
04/10/2017
|
|
Allotment /
Issue Date
|
05/10/2017
|
05/10/2017
|
05/10/2017
|
|
Tenor
|
(91-Day)
|
(182-Day)
|
(364-Day)
|
|
Offer Amount
(=N=)
|
28,693,915,000
|
33,490,874,000
|
68,184,887,000
|
|
Total Subscription
(=N=)
|
12,369,538,000
|
49,920,435,000
|
465,731,963,000
|
|
Allotment (=N=)
|
11,769,538,000
|
12,229,639,000
|
106,370,499,000
|
|
Range of Bid Rates
(%):
|
12.8950 – 16.9000
|
15.0000 – 17.3000
|
15.0000 – 18.8000
|
|
Stop Rates (%):
|
13.2500
|
15.4990
|
15.7253
|
reporting for easykobo.com on Wednesday, Oct 4 2017 from Lagos, Nigeria