Result of T-Bills Primary Market Auction   
Sep 20 (Lagos) - Below are the results of Nigerian Treasury Bills Primary Market Auction held yesterday 19th Sep 2018.



The yield on that 364 day bill is looking very good and cause worry to stock market investors. 




 

Auction  Date

19/09/2018

19/09/2018

19/09/2018

Allotment / Issue  Date

20/09/2018

20/09/2018

20/09/2018

Tenor

(91-Day)

(182-Day)

(364-Day)

Offer Amount  (=N=)

5,395,696,000

8,385,196,000

168,361,351,000

Total Subscription (=N=)

8,601,351,000

11,858,049,000

419,491,647,000

Allotment (=N=)

5,395,696,000

8,385,196,000

168,361,351,000

Range of Bid Rates (%):

11.0000 – 13.4000

11.9500 – 14.4000

13.0000 – 15.5582

Stop Rates (%):

11.0000

12.2000

13.4750


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