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