Jan 31 (Lagos) - Below are the results from today's Nigerian Treasury Bills Primary Market Auction.
There was over subscription across the tenors and the yield on the one year bill is impressive.
Auction Date | 31/01/2018 | 31/01/2018 | 31/01/2018 |
Allotment / Issue Date | 01/02/2018 | 01/02/2018 | 01/02/2018 |
Tenor | (91-Day) | (182-Day) | (364-Day) |
Offer Amount (=N=) | 6,099,835,000 | 69,565,347,000 | 177,219,063,000 |
Total Subscription (=N=) | 6,523,836,000 | 70,311,589,000 | 278,321,807,000 |
Allotment (=N=) | 6,099,835,000 | 69,565,347,000 | 177,219,063,000 |
Range of Bid Rates (%): | 12.0000 – 18.0000 | 13.0000 – 14.2000 | 12.0000 – 18.5000 |
Stop Rates (%): | 12.0000 | 13.6500 | 13.7000
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reporting for easykobo.com on Wednesday, Jan 31 2018 from Lagos, Nigeria