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Nigeria to raise $4bn in treasury bills in Q4-CBN

Roland Edwards by Roland Edwards
September 4, 2015
in Business
0
CBN links cashless policy to increased electronic banking risks

Central Bank of Nigeria

The Central Bank of Nigeria (CBN) is planning to auction N814.78 billion in Treasury bills between September 17 and December 3.
According to the bank’s data on Friday, it will auction N215.14 billion worth of the three-month paper, N193.64 billion in the 6-month debt and N406 billion worth of 1-year paper.

It said that the total debt proposed for the fourth quarter would be 6.66 per cent short of the N872.96 billion raised earlier in the year.

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