Results from T-Bills Primary Market Auction   
April 5 (Lagos) - Below are the results from yesterdays' Nigerian Treasury Bills Primary Market Auction. 



Auction  Date 4/4/2018 4/4/2018 4/4/2018
Allotment / Issue  Date 5/4/2018 5/4/2018 5/4/2018
Tenor (91-Day) (182-Day) (364-Day)
       
Offer Amount  (=N=) 9,520,117,000 47,600,581,000 38,080,464,000
       
Subscription (=N=) 9,974,902,000 20,422,685,000 173,915,872,000
       
Allotment (=N=) 9,520,117,000 17,600,581,000 68,080,464,000
       
       
Range of Bid Rates (%): 11.5000 – 13.00   
12.70 – 14.15 12.00 – 18.40
       
Stop Rates (%): 11.75
12.7 13.0422


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