Proshare Logo
   Market Date: 30-09-2014   
Agriculture All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

Nigeria issues 130 billion naira in T-bills, yields up

Category: Money Market


  Read (2009)
Nigeria issues 130 billion naira in T-bills, yields up

Friday December 23, 2011 2:03pm

Nigeria sold 130.23 billion naira($794.42 million)short-dated treasury bills at an auction on Thursday, even as yields on the papers climbed again compared with the trend at the previous auction, the central bank said on Friday.
 

The regulator auctioned 37.49 billion naira of 91-day treasury bills at 14.09 percent, a slight increase from 14 percent marginal rate at the previous auction on Dec. 9, and sold 45.72 billion naira in 182-day paper at 16.20 percent compared with 15.95 percent previously.
 

The central bank sold 47.02 billion naira in 364-day bills at 16.75 percent against 16.41 percent marginal rate previously.

The total subscription stood at 152.70 billion naira, compared with 194.04 billion naira at the previous auction.

Africa's second biggest economy after South Africa issues treasury bills regularly as part of monetary control measures to help lenders manage their liquidity.

 

 

Source: Reuters (Reporting by Oludare Mayowa)

 

 



Tags: , 



Comment With Your Facebook or Yahoo! ID


Latest news


News on Money Market

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Newsletter
Contact Us
Message from CEO
Resources

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
WebTV
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

#1minNews
News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Newsletters
Discussion Forum
Policy

Subscriber Agreement
Privacy Policy
Data Policy
Disclaimer
Copyright Policy
Trademarks
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Training
Legal Support Services
Web/Technology Services
File a Complaint