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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