Nigeria plans to sell 120.52 billion naira ($606 million) of 3-month, 6-month and 1-year Treasury bills on June 24, the central bank said on Wednesday.
The bank said in a statement it would sell 31.19 billion naira worth of the 3-month paper, 39.33 billion naira of the 6-month bill and 50 billion naira in the 1-year debt next week, using the Dutch auction System.
At an auction later on Wednesday, the bank is offering 143.64 billion worth of Treasury bills of tenors ranging between 3-month and 1-year. In addition, a total of 80 billion naira worth of Treasury bonds with maturities between 5-year and 20-year are also on offer at the same auction.
The results of both auctions will be published the Thursday.
Wednesday 17 June 2015
Nigeria to raise 120.5 bln naira in Treasury bills next week
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