Results from today's T-Bills Primary Market Auction   March 21 2018
March 21 (Lagos) - Below are the results from today's Nigerian Treasury Bills Primary Market Auction held today March 21 2018 by the Debt Management Office.



The 364 day bill was hugely oversubscribed and N 40 billion was allotted.





Auction  Date

21/03/2018

21/03/2018

21/03/2018

Allotment / Issue  Date

22/03/2018

22/03/2018

22/03/2018

Tenor

(91-Day)

(182-Day)

(364-Day)

Offer Amount  (=N=)

5,395,696,000

26,978,476,000

21,582,781,000

Total Subscription (=N=)

5,645,696,000

13,685,197,000

60,653,478,000

Allotment (=N=)

5,395,696,000

8,385,196,000

40,176,061,000

Range of Bid Rates (%):

11.9500 – 12.5000

12.5000 – 14.4864

12.5000 – 18.5000

Stop Rates (%):

11.9500

13.0000

13.1500

 

reporting for easykobo.com on Wednesday, March 21 2018 from Lagos, Nigeria



Source - analysts at AIICO Capital Ltd in Victoria Island, Lagos
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