Home Companies&Markets CBN plans N1.641 trillion worth of Treasury Bills offer in Q2-2024

CBN plans N1.641 trillion worth of Treasury Bills offer in Q2-2024

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FRI, MAR 01 2024-theGBJournal|The Central Bank of Nigeria (CBN) on Friday revealed plans to offer N1.641 trillion worth of Treasury Bills in the second quarter of 2024, between March 7th and May 23rd, 2024.

The sale is across 91-day, 181-day, and 364-day maturities. The planned March treasury bills auction totals N660.62 billion. This includes N32.73 billion of 91-day bills, N12.97 billion of 182-day bills, and N614.92 billion of 364-day bills.

For April, the offer totals N292.17 billion, made up of N10.61 billion for 91-day bills, N15.97 billion for 182-day bills, and N265.59 billion for 364-day bills.

And in May, a total of N688.3 billion, including N362.9 billion in 91-day bills, N14.7 billion in 182-day bills, and N302.67 billion in 384-day bills will be on offer.

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